BS Reporter
BS Reporter
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No relief to mining companies on royalty payment under new law
The companies were lobbying for some relief on royalty payment, stating the rates were far higher than in other countries
 "No relief to mining companies on royalty payment under new law")
VRL Logistics subscribed two times a day before close
The Karnataka-based logistics firm has priced its offering in a range between Rs 195 and Rs 205 a share
 "VRL Logistics subscribed two times a day before close")
BSE's index arm launches 19 new indices
Existing indices in which there is an overlap will be replaced by the new indices
 "BSE's index arm launches 19 new indices")
CustomFurnish.com unveils offline store in Bengaluru
This is its first showroom in the city
Kerala considering sops for capacity building in nursing sector
The state govt is actively considering a proposal for incentivising the training and recruitment of nurses from the state, who seek employment in West Asia
Karnataka seeks more time to comment on Kasturirangan report
The state government is likely to discuss the matter at the Cabinet meeting on April 17
Karnataka convenes special session of assembly on April 20
The one-day session has been convened to bring an amendment to the Karnataka Municipal Corporation Act to enable trifurcation of BBMP
 "Karnataka convenes special session of assembly on April 20")
Assocham seeks 25% cut in iron ore prices from NMDC
Though NMDC has reduced prices of iron ore lump and fines from January, it is still charging high prices for iron ore fines
 "Assocham seeks 25% cut in iron ore prices from NMDC")
Hitachi to set up auto component plant in Chennai
The company is aiming at Rs 390 crore revenue from the plant by the financial year 2020
 "Hitachi to set up auto component plant in Chennai")
India Infoline threatens to sue NSEL
NSEL has been charged with sending copies of police custody remand papers of IIFL director to unconcerned authorities, namely IRDA, Sebi and RBI
 "India Infoline threatens to sue NSEL")
Poultry industry takes Rs 70 crore hit in Telangana
Retail outlets take a 20-30% hit on sales; no major impact on eggs due to lower prices
 "Poultry industry takes Rs 70 crore hit in Telangana")
Mytrah Energy raises $ 60 million through NCDs
The new capital provides all of the equity required to take Mytrah's generating capacity beyond 1,000 Mw
Telangana aims at Rs 1.2 lakh crore IT exports in 5 years
Launches public WiFi pilot project in Hyderabad called QuadGen in association with BSNL
 "Telangana aims at Rs 1.2 lakh crore IT exports in 5 years")
MRF Tyres to expand Telangana plant with Rs 980-cr investment
Set up in 1999, the Medak plant is operating with an annual turnover of Rs 4,300 crore and employs about 6,500 people
 "MRF Tyres to expand Telangana plant with Rs 980-cr investment")
Germany's Vulkan Technologies sets up plant in Pune
The company has invested Rs 45 crore for the facility
Opple Lighting forays into Pune market
The company targets a cumulative turnover of Rs 450 cr from the country in the next five years
Ahmedabad posts highest decline in net office space absorption; down by 75%
As against Q1 2014 office supply of 1 million sq ft, Ahmedabad saw merely 242,000 sq ft of supply in Q1 of 2015
 "Ahmedabad posts highest decline in net office space absorption; down by 75%")
ASUS to add 5 more offline stores in Gujarat in 2015
The company already has six stores in the state, with the sixth one being launched in Ahmedabad on Thursday
 "ASUS to add 5 more offline stores in Gujarat in 2015")
Punjab CM gives nod to set up landscaping authority
The CM said it was the need of the hour to enhance the green cover in the cities for saving the urban residents from the scourge of increasing pollution
 "Punjab CM gives nod to set up landscaping authority")
NCDEX to set up global exchange at GIFT City
GIFT City is being developed as a multi-services Special Economic Zone
 "NCDEX to set up global exchange at GIFT City")