BS Reporter
BS Reporter
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India GDP growth to be 8% in FY16, 8.3% the next year: Fitch
Says govt's expenditure cuts might have dampened the broader economic pick-up trend
 "India GDP growth to be 8% in FY16, 8.3% the next year: Fitch")
Inox IPO subscribed 18 times
The overwhelming response bucks the recent trend of poor investor demand for Ortel and Adlabs' offers
 "Inox IPO subscribed 18 times")
Baseless allegations on coal Bill put to rest: Piyush Goyal
Next phase of auction to resume by April, commercial mining to follow soon
 "Baseless allegations on coal Bill put to rest: Piyush Goyal")
How Unilever and P&G walk tightrope between creativity and ad regulation
Unilever says the company do this by making social purpose central to its brands
 "How Unilever and P&G walk tightrope between creativity and ad regulation")
 "Mining rights to be auctioned for first time, says Tomar")
Decision on Taj Mansingh lease pushed to Wednesday
The meeting on Friday did not take a call on the extension before the property is auctioned
 "Decision on Taj Mansingh lease pushed to Wednesday")
Cabinet nod for Rs 1,120-cr scheme to train youth
Pradhan Mantri Kaushal Vikas Yojana targets school dropouts and fresh entrants to labour market
 "Cabinet nod for Rs 1,120-cr scheme to train youth")
Crops in 2.7 million hectare damaged
The govt deputed a team of around seven officials to tour the affected areas and directed them to submit a report in the next few days
RBI's foreign exchange reserves down by $2.06 bn
Foreign currency assets fall by $1.98 bn to $310.35 bn
 "RBI's foreign exchange reserves down by $2.06 bn")
HAL director, aide get four years in jail in bribery case
After completion of the investigation, a charge sheet was filed before Special Judge Court for CBI Cases, Chennai
 "HAL director, aide get four years in jail in bribery case")
Maharashtra government formally attaches Jignesh Shah's residence
Most other properties worth hundreds of crores were already attached by the state
 "Maharashtra government formally attaches Jignesh Shah's residence")
38 dead as Janta Express train derails in Rae Bareli
FY15 has highest number of mishaps in 4 years
 "38 dead as Janta Express train derails in Rae Bareli")
NSEL scam: Brokers decline responsibility for default
Investors' fora press for quick action against FTIL, support govt's merger and supersession proposals
 "NSEL scam: Brokers decline responsibility for default")
 "New policy for listing start-ups in 3-4 months")
Astra missile launch goes successful
HAL has integrated the Astra missile on Su-30MKI aircraft
 "Astra missile launch goes successful")
Work on captive port for 1320-Mw Udangudi power project soon
Delay in implementing the Udangudi thermal power project had led to a higher project cost of Rs 15,000 crore, up from Rs 10,121 crore
 "Work on captive port for 1320-Mw Udangudi power project soon")
Union Bank expects its margins to improve next year
Bank aiming to imrpove CASA level to 31% in next two years
 "Union Bank expects its margins to improve next year")
Government to announce steps to boost pharma sector
A new pharmaceutical policy as well as measures to support the growth of bulk drug sector on the anvil
 "Government to announce steps to boost pharma sector")