BS Reporter
BS Reporter
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RCom, BPCL plan to launch dollar bonds
For RCom, it will be second time the Ambani company is testing the investors' appetite for its paper
 "RCom, BPCL plan to launch dollar bonds")
BSE currency options segment largest in the world
Number of contracts in currency options segment had grown by nearly 30% in March
 "BSE currency options segment largest in the world")
Tata Group veteran B Muthuraman joins Sundram Fasteners board as independent director
The auto-components' maker is a flagship company of TVS Group
 "Tata Group veteran B Muthuraman joins Sundram Fasteners board as independent director")
Employee bonus pulls down TCS profit by 27%
Revenue up 12.4%; salary hikes announced; mgmt confident on FY16 growth
 "Employee bonus pulls down TCS profit by 27%")
Ola raises $400 mn from DST Global, GIC, others
Earmarks $100 million for TaxiForSure; aims at a presence in 200 cities by December
 "Ola raises $400 mn from DST Global, GIC, others")
Interest rate decline spells margin pressure for home loan sector
ICRA predicts interest rate risk; market reaches Rs 10-lakh crore, needs Rs 28,000 crore capital in five years
 "Interest rate decline spells margin pressure for home loan sector")
Private weather agency predicts normal rains
Discounts adverse effect of El Nino on southwest monsoon
 "Private weather agency predicts normal rains")
FM sees 10% economic growth target as the new normal
'Double-digit pace of growth must to give jobs to the youth'
 "FM sees 10% economic growth target as the new normal")
Paswan says mills, farmers want sugar buffer stock
He didn't give a clear reply as to whether such a buffer would be created but officials said the option could be explored
 "Paswan says mills, farmers want sugar buffer stock")
Rs 2 lakh ceiling for life insurance policies sold through CSCs
Only products that are approved for it can be sold for the CSC model
Revised interest subsidy scheme for crop loans in FY16 on cards
Norms for FY15 to continue in interim
 "Revised interest subsidy scheme for crop loans in FY16 on cards")
Interoperable cash deposit machines may soon be reality: RBI
Bank customers may soon be able to deposit cash in their accounts from any bank's cash deposit machines
 "Interoperable cash deposit machines may soon be reality: RBI")
Mumbai Police investigate threat mail to RBI governor Raghuram Rajan
Police say mail came from proxy server, an official probe is on
 "Mumbai Police investigate threat mail to RBI governor Raghuram Rajan")
Bharti-Future merger: Win win for both
Mittals of Bharti group are expected to get minority stakes in combined entity or Biyani promoted holding company
 "Bharti-Future merger: Win win for both")
IndusInd Bank Q4 net up 25% at Rs 495 cr; asset quality improves
The MD & CEO said that the growth was on account of core fee income rising by 29% and rise in net interest income by 18% y-o-y
 "IndusInd Bank Q4 net up 25% at Rs 495 cr; asset quality improves")
RBI allows banks to offer differential interest rates on term deposits
The central bank had proposed early withdrawal feature for term deposits earlier this month
 "RBI allows banks to offer differential interest rates on term deposits")
 "UK unions refuse Tata Steel deal on pension changes")
Hero's US-based partner files for bankruptcy
Hero MotoCorp's stocks fell over 1% as Erik Buell Racing, in which it had invested $25 mn, ceased its operations
 "Hero's US-based partner files for bankruptcy")
Mindtree expects to beat Nasscom growth guidance in FY16
Company reports 31% growth in Q4 net profit; expects to start Q1 in a strong note
 "Mindtree expects to beat Nasscom growth guidance in FY16")
Govt wants to adjust Rs 4,500 cr worth shares of Cairn India against tax payment
Cairn India required to make an up-front payment of 50% of tax demand that would be a little over Rs 10,000 cr
 "Govt wants to adjust Rs 4,500 cr worth shares of Cairn India against tax payment")