BS Reporter
BS Reporter
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Premji Invest-backed FSS plans to raise Rs 1,200 cr through IPO
Company to utilise the proceedings for proposed expansion
 "Premji Invest-backed FSS plans to raise Rs 1,200 cr through IPO")
Global emerging market funds reduce India exposure
Currency headwinds, profit-booking lead to decline in allocations
 "Global emerging market funds reduce India exposure")
ISRO to launch first indigenous multi-object tracking radar in 3-5 months
Will be developed at Rs 245 crore while global players developed similar solution for around Rs 900 crore
 "ISRO to launch first indigenous multi-object tracking radar in 3-5 months")
SBI Chairman visits PM Modi's constituency in Varanasi
The bank is facilitating construction of 64 toilets in 35 schools
 "SBI Chairman visits PM Modi's constituency in Varanasi")
JSW Steel Q4 PAT tumbled 87% y-o-y to Rs 62.38 cr
Company takes impairment charge of Rs 105 crore for losses in subsidiaries
 "JSW Steel Q4 PAT tumbled 87% y-o-y to Rs 62.38 cr")
Angels rush to invest in start-ups
The new gold rush for traditional stock market investors seems to be start-ups.
 "Angels rush to invest in start-ups")
Micromax: Canvas Nitro 2 Vs Canvas Nitro
The specifications of the two devices are similar in many respects, and there is little difference in their prices
 "Micromax: Canvas Nitro 2 Vs Canvas Nitro")
Dr Reddy's launches drug for stroke management
Cerebral stroke is the third leading cause of deaths in India
 "Dr Reddy's launches drug for stroke management")
Lemon Tree president, Rahul Pandit, quits; may join Ginger
Lemon Tree's Red Fox brand directly competes with Ginger though on a much smaller scale.
 "Lemon Tree president, Rahul Pandit, quits; may join Ginger")
Tata Motors partners Vietnam-based TMT Motors
Will supply completely knocked down (CKD) and completely built unit (CBU) vehicles
 "Tata Motors partners Vietnam-based TMT Motors")
cloudBuy looking to enter the Indian market
The company has tied up with Synise Technologies, a procurement service provider that is part of the $2.5 billion Kalyani Group
 "cloudBuy looking to enter the Indian market")
Urge China to reconsider approach to some issues holding back ties: Modi
Reconsider your approach towards India: Modi to China
 "Urge China to reconsider approach to some issues holding back ties: Modi")
PM Modi's media statement in Beijing: Full text
I am pleased to visit China in the first year of my Government. This is one of our most important strategic partnerships
 "PM Modi's media statement in Beijing: Full text")
Congress trashes government claims of 'successful' budget session
Accuses Govt of using "brute majority to bulldoze legislation"
 "Congress trashes government claims of 'successful' budget session")
Monsoon to hit Kerala coast on May 30: IMD
The forecast is with a model error of plus and minus 4 days
 "Monsoon to hit Kerala coast on May 30: IMD")
WPI contracts 2.65% in April
This is the sixth straight decline in wholesale prices
 "WPI contracts 2.65% in April")
Airfares drop 20% with increased competition
Lower fares partly reflect the lower fuel prices, but also partially additional capacity on certain routes
 "Airfares drop 20% with increased competition")
Bad loans haven't peaked yet: Rajan
Central bank plans IT subsidiary to check cyber frauds
 "Bad loans haven't peaked yet: Rajan")
Online versus offline again on e-commerce FDI
Govt to continue consultations over FDI in e-commerce; the next meeting has been scheduled after a month
 "Online versus offline again on e-commerce FDI")
BJP stance on FDI in multi-brand retail unchanged: Jaitley
He was non-committal on whether the policy will be changed soon, but maintained that the government was still opposed to FDI in multi-brand retail
 "BJP stance on FDI in multi-brand retail unchanged: Jaitley")