Page 928 - Bs Reporter/workspace/business Standard Web/video

Govt suspends ONGC director Shashi Shankar

The govt is considering disciplinary proceedings against him

Mufti to be sworn in as J&K chief minister on March 1

It will be the first time the BJP will be a part of a government in J&K

HSBC bullish on India, increases headcount by 1,000

By its annual report, the India head count stands at 32,000, the second highest after the UK's

BUDGET WISHLIST: Retail firms want a definite timeline for GST rollout

In the run-up to Union Budget for 2015-16, Business Standard looks at major developments and industry expectations in key sectors of the economy

Apparel industry underperforms GDP, growth slows in Dec quarter

Poor performance by smaller players resulted in huge inventories, which was double than sales in many cases

Kejriwal re-unites with mentor Anna to launch attack on Modi govt

Kejriwal launched a scathing attack on the NDA government calling it a property dealer of the corporate houses

Swine flu toll rises to 841 in less than 2 months

Total number of swine flu cases has risen to 14,673 since January

Sahara talks of raising money from Aamby Valley

Says two more foreign deals at exploratory stage

Assam tea industry demands reduction in green leaf cess

The green leaf cess was increased with effect from January 1, 2010 from 32 paise and 29 paise to 40 paise and 35 paise per kg of green leaf, respectively

Ortel Communications' Rs 200 cr IPO to open next week

Public issue, priced between Rs 181 and Rs 200 per share, will remain open till March 5

Badal announces incentives for allied farm sectors

The beneficiaries of allied farming sector will have to pay power rate of Rs 4.57 a unit from the coming cycle, against the existing Rs 7.75 a unit

Tax imposed on technical textiles; reduced on ATF, imitation jewellery, isabgul in Gujarat

State govt has decided to impose 5% VAT on technical textile, The levy is estimated to increase state's tax revenue by Rs 80 cr

DHFL launches QIP with floor price of Rs 494.95

However, it did not indicate how much amount it is going to raise from institutional investors

Nasscom, Telangana govt to jointly churn out 15,000 industry-ready engineers

An MoU was signed between Nasscom, Jawaharlal Nehru Technological University (JNTU) and the state government's Academy of Skill and Knowledge in this regard

US-based Digital Intelligence to invest $10-15 million in 3-5 yrs (ACCENT SOUTH)

Company inaugurates new facility in Chennai

Vodafone Gujarat aiming to add M-Pesa customers

M-Pesa, a money transfer service, has a pan-India distribution network of 85,000 agents and more than 2.5 mn customers

Maxx Mobilink plans to achieve 10-12% market share in three years

Plans to commence manufacturing of mobile handsets from April 2015

Blue Star to set up manufacturing unit in south

The company proposes to set up a manufacturing unit either in Andhra Pradesh or Telangana at a cost of Rs 150-crore to cater to the markets of south and east India

Janalakshmi raises Rs 125 cr via bond issue

Janalakshmi intends to use the proceeds to fund its business expansion

ABB India achieves sales of 1Gw of solar inverters

The company commenced local manufacturing of solar inverters in 2012 and partnered with several customers