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Tamilnad Mercantile Bank profit up by 27% in 2014-15 to Rs 379.4 cr
Total Business grew by 12.3%
 "Tamilnad Mercantile Bank profit up by 27% in 2014-15 to Rs 379.4 cr")
IDBI Bank eases restrictions on corporate lending
Apart from the priority sector lending norms, the lender was also facing tepid response from corporates in the last two-three years
 "IDBI Bank eases restrictions on corporate lending")
IRDAI removes cap on business from one insurer for banks
Currently, banks are allowed to tie up as a corporate agent with one life, one non-life and one standalone health insurer
 "IRDAI removes cap on business from one insurer for banks")
After 'suit-boot', Cong says Modi's govt 'a suitcase ki sarkar'
Congress has recently taken to naming industrialist Adani, who is allegedly close to PM, as the foremost in Modi's "select group of crony capitalists"
 "After 'suit-boot', Cong says Modi's govt 'a suitcase ki sarkar'")
Food Minister Paswan says no plans to create sugar buffer
Last month, Nationalist Congress Party chief Pawar had met the Prime Minister to discuss the problems faced by the sugar industry
 "Food Minister Paswan says no plans to create sugar buffer")
Karnataka to challenge HC verdict on Jayalalithaa in the Apex Court
The CM of Tamil Nadu was aquitted by the Karnataka High Court on May 11 in the Rs 66.65 crore disproportionate assets case
 "Karnataka to challenge HC verdict on Jayalalithaa in the Apex Court")
RBI elevates Meena Hemchandra as ED
She will look after the departments of banking supervision, cooperative banking supervision and non-banking supervision
India's textiles exports up 5% in 2014-15
Textiles and clothing exports were recorded at $41 bn as against $39.31 billion in FY14
 "India's textiles exports up 5% in 2014-15")
Kellton Tech acquires US-based ProSoft Group for $14 mn
This acquisition will add $40 mn to the topline and $3 mn to the bottomline of Kellton
 "Kellton Tech acquires US-based ProSoft Group for $14 mn")
Private dairy player Prabhat expanding cheese and paneer capacities
The new lines are expected to start commercial production by FY16
 "Private dairy player Prabhat expanding cheese and paneer capacities")
Odisha targets 300,000 jobs via 60,000 new MSMEs
The state government has drawn a district industries centre (DICs) wise plan to achieve the objectives
 "Odisha targets 300,000 jobs via 60,000 new MSMEs")
ESSPL acquires UK-based software firm
IONIT has a track record of delivering technology solutions to its customers in UK
Paradip oil jetty to go on stream this month
Port handled all time high cargo last fiscal
 "Paradip oil jetty to go on stream this month")
Naveen asks officials to ease regulatory processes
Chairing a meet on 'Ease of Doing Business', Patnaik stressed on abjuring old and redundant procedures and synchronising multiple inspections
 "Naveen asks officials to ease regulatory processes")
Nalco net zooms 106% in 2014-15
Nalco's previous best turnover was Rs 7247 cr which it achieved in 2012-13
 "Nalco net zooms 106% in 2014-15")
Shasun board to consider conversion of warrants issued to Sequent Scientific
The board meeting will be held on June 8
 "Shasun board to consider conversion of warrants issued to Sequent Scientific")
Chhattisgarh set to produce 7.6 MT paddy during kharif 2015
State government concentrating on the promotion of cash crops
 "Chhattisgarh set to produce 7.6 MT paddy during kharif 2015")
Mamata woos investors with simplified administrative procedures
There will be only one union from TMC to represent interest of workers to alley investor fears
 "Mamata woos investors with simplified administrative procedures")
SpiceJet offers tickets on sale after returning to profit
The three-day sale will begin on June 2 and the offer is applicable for one-day domestic travel between June 20 and July 31 this year
 "SpiceJet offers tickets on sale after returning to profit")