BS Reporter
BS Reporter
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Xiaomi Mi4i: 40,000 units sold out in just 15 seconds
Business Standard looks at Xiaomi's offerings in its latest product and deconstructs the reasons for the hype
 "Xiaomi Mi4i: 40,000 units sold out in just 15 seconds")
Trai to put up new norms for quality of service
New parameters should be announced within a month, says Trai Chairman Rahul Khullar
 "Trai to put up new norms for quality of service")
Strike at Asian Paints factory near Chennai
They want assurance of withdrawal of action against four workers and also 62 contract workers taken back
 "Strike at Asian Paints factory near Chennai")
Infy Foundation partners with Code.org to promote Computer Science in US schools
Foundation partners with Code.org to do so, with Vandana Sikka joining latter's board
 "Infy Foundation partners with Code.org to promote Computer Science in US schools")
Flipkart acquires mobile marketing firm Appiterate
Post acquisition, Appiterate's mobile marketing automation platform will be integrated into Flipkart's mobile app
 "Flipkart acquires mobile marketing firm Appiterate")
India fails to feature in Times Higher Education 100 under 50 list
The ranking is an analysis of the world's top 100 universities under 50 years
 "India fails to feature in Times Higher Education 100 under 50 list")
TVS Motor's profit up by 74 % in Q4 to Rs 90.52 crore
Company's cross Rs 10,000 crore mark in 2014-15
 "TVS Motor's profit up by 74 % in Q4 to Rs 90.52 crore")
 "Infosys hires former SAP creative director")
RBI fines three govt-run banks for violating KYC norms
The 3 banks failed to take timely remedial steps and aggravated the seriousness of the contraventions and its impact, RBI said
 "RBI fines three govt-run banks for violating KYC norms")
Federal Bank Q4 net profit growth flat
Bank posted profit of Rs 280 cr compared to Rs 277 cr in same quarter previous fiscal
 "Federal Bank Q4 net profit growth flat")
HDFC Q4 net up 8% at Rs 1,862 cr
The standalone net income rose 12% to Rs 7,456 cr; declares dividend of Rs 13 per share
 "HDFC Q4 net up 8% at Rs 1,862 cr")
Axis Bank net up 18% on healthy loan growth
The bank's net interest income rose 20% y-o-y to Rs 3,799 crore during the reporting period
 "Axis Bank net up 18% on healthy loan growth")
4 of 7 members of technical advisory panel wanted rate cut
TAC typically meets a week before the policy while the minutes of the meeting is released with a 3-4 week lag
 "4 of 7 members of technical advisory panel wanted rate cut")
NCP to oppose land ordinance in Rajya Sabha
Sharad Pawar says present form excludes crucial clauses related to 70% consent of farmers, acquisition of multi-crop land and social impact assessment
 "NCP to oppose land ordinance in Rajya Sabha")
Realty bill deferred in RS; Oppn wants it sent to select panel
Samajwadi Party, JD(U), Left, AIADMK claim new bill has "substantive changes" over earlier UPA bill
 "Realty bill deferred in RS; Oppn wants it sent to select panel")
Coal scam: Naveen Jindal, Madhu Koda, 13 others charged by CBI
14 others, including ex- Jharkhand CM Madhu Koda, also named as accused
 "Coal scam: Naveen Jindal, Madhu Koda, 13 others charged by CBI")
Cabinet clears Merchant Shipping Bill
Bill aims to protect environment and human health from ballast water and sediments used in ships
 "Cabinet clears Merchant Shipping Bill")
Central aid for buying inferior wheat
Will reimburse states for procuring produce hit by recent rain; govt also okays 2 more battalions of NDRF, compensatory afforestation funds legislation
 "Central aid for buying inferior wheat")