BS Reporter
BS Reporter
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Neyveli Lignite Q4 net up 37% at Rs 677 crore
Company to increase power production to 2,990 MW during 13th plan
 "Neyveli Lignite Q4 net up 37% at Rs 677 crore")
April fiscal deficit at 23% of FY16 estimate
Arun Jaitley had budgeted the 2015-16 fiscal deficit to come in at 3.9 per cent of the GDP
 "April fiscal deficit at 23% of FY16 estimate")
Anand Narain Bhatia replaces A Vellayan as EID Parry Chairman
Vellayan stepped down after Sebi accused him of insider trading
 "Anand Narain Bhatia replaces A Vellayan as EID Parry Chairman")
Bank of Maharashtra cuts base rate by 25 bps to 10%
This will be effective from June 1
 "Bank of Maharashtra cuts base rate by 25 bps to 10%")
IRB's Q4 net up 26% at Rs 138 crore
Income from operations increases to Rs 990 crore
 "IRB's Q4 net up 26% at Rs 138 crore")
SUV segment clocks 10% growth in UP
State clocks monthly SUV sales of nearly 4,500 units
 "SUV segment clocks 10% growth in UP")
Radioactive leak at IGI Airport's cargo terminal
Rajnath Singh says leak plugged; airport ops not affected
 "Radioactive leak at IGI Airport's cargo terminal")
What inflation has to do with falling revenues
And why margins tend to move in the opposite direction according to Deutsche Bank
 "What inflation has to do with falling revenues")
SC seeks Delhi govt's reply on plea to stay HC order
Asks Delhi HC to decide on Centre's 'suspect'notification
 "SC seeks Delhi govt's reply on plea to stay HC order")
Orchid Pharma reports Rs 191 crore loss in 2014-15
Banks on new product pipeline, revenue falls to Rs 1,753 crore
 "Orchid Pharma reports Rs 191 crore loss in 2014-15")
 "Markets wait for 2014-15 GDP data")
Coal India Q4 net down by 4% at Rs 4,239 cr
Profit is lower due to higher tax expense; CIL core numbers in line with estimates
 "Coal India Q4 net down by 4% at Rs 4,239 cr")
Fullerton India to enter affordable housing finance
The home loan arm will be called Fullerton Home Finance Company
 "Fullerton India to enter affordable housing finance")
After seven quarters, SpiceJet posts profit of Rs 22.5 cr in Q4
The return to profit came after the carrier benefited from a series of one-off gains and insurance claim
 "After seven quarters, SpiceJet posts profit of Rs 22.5 cr in Q4")
RBI to prescribe net stable funding ratio for banks
NSFR limits over reliance on short-term wholesale funding
 "RBI to prescribe net stable funding ratio for banks")
RBI introduces new category of prepaid payment instruments for mobility cards
Rationale behind introduction of these cards is to reduce the cash transactions in the system
 "RBI introduces new category of prepaid payment instruments for mobility cards")
Performance review norms by boards also for private banks: RBI
A notification in this regard was issued to all managing directors and chief executives of all private sector banks
 "Performance review norms by boards also for private banks: RBI")
Board, shareholders cleared USL accounts: Mallya
The company's accounts for the years 2010 to 2014 were investigated by Diageo after it took over the company in 2014
 "Board, shareholders cleared USL accounts: Mallya")
Flying abroad rules for airlines to be sent for Cabinet approval soon
The 5/20 rule which mandates an airline to fly for a minimum 5 yrs and have at least 20 planes in order to fly abroad will soon be replaced by a credit-based system
 "Flying abroad rules for airlines to be sent for Cabinet approval soon")