Page 837 - Bs Reporter/workspace/business Standard Web/video

Govt to divest 15% stake in MMTC

Govt currently holds 89.93% in the trading giant; stake sale will help firm meet Sebi's minimum public shareholding norm

Rolta shares, bonds spooked by Glaucus' 'strong sell' rating

Company denies contents of report, says exploring legal action

Investment growth weak in India: S&P

In a study, it said investment growth was weakening in the country and earnings growth of companies were flat

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

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

BSE's index arm launches 19 new indices

Existing indices in which there is an overlap will be replaced by the new indices

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

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

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

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

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

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

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

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

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