BS Reporter
BS Reporter
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HC relief for Sesa, Sarda; coal auction underway
Bids from these companies were earlier rejected by the technical committee
 "HC relief for Sesa, Sarda; coal auction underway")
Telangana govt to promote 'Photonic Valley'
Signs MoU with US-based PhotoniC Corporation
DoT moves SC against any stay on the spectrum auction
Case to come up for hearing on Monday; govt expects to earn Rs 1 lakh cr from spectrum sale
 "DoT moves SC against any stay on the spectrum auction")
Tamil Nadu govt allocates land for M&M's Rs 4,000 cr project
Company will set up a test track and automotive plant in the state
 "Tamil Nadu govt allocates land for M&M's Rs 4,000 cr project")
CBI arrests Deccan Chronicle chairman and his brother
Accused allegedly submitted forged documents for availing loans from Canara Bank
 "CBI arrests Deccan Chronicle chairman and his brother")
Narendra Modi opens GE unit
GE is planning the second phase of expansion at Chakan
 "Narendra Modi opens GE unit")
 "Kejriwal cautioned against tariff cuts")
Mamata clips Mukul Roy's wings
West Bengal CM appoints Subrata Bakshi as additional all-India general secretary, move seen as a bid to sideline Roy
 "Mamata clips Mukul Roy's wings")
R-Power posts 5% drop in net; R-Infra reports flat profit
R-Infra's total income rose to Rs 4,788 cr from Rs 4,218 cr in the year-ago period
 "R-Power posts 5% drop in net; R-Infra reports flat profit")
ONGC third quarter profit down 50% at Rs 3,571 cr
Slump in crude oil prices drive numbers down; total income lower by 9% at Rs 18,924 cr
 "ONGC third quarter profit down 50% at Rs 3,571 cr")
Sun Pharma Q3 net profit down 7%
Sun Pharma's branded generic drug sales in India rose to Rs 1,150 cr from the same quarter a year ago
 "Sun Pharma Q3 net profit down 7%")
Suzlon loss widens to Rs 6,538 cr on higher provision
Loss in the year-ago period was Rs 1,075 cr
 "Suzlon loss widens to Rs 6,538 cr on higher provision")
HDFC Bank Q3 profit increases 20% to Rs 2,794 cr
Increase in profit came from other income and net interest income, bank sees pickup in retail growth
 "HDFC Bank Q3 profit increases 20% to Rs 2,794 cr")
Indian Bank Board nod for Govt Rs 280 cr capital infusion
Bank to hold shareholders EGM on March 23
 "Indian Bank Board nod for Govt Rs 280 cr capital infusion")
Organic cotton textile park in Maharashtra
Increasing use of Bt cotton has reduced cultivation of organic cotton, which is considered eco-friendly
 "Organic cotton textile park in Maharashtra")
Rail ministry sets up committee to review freight, passenger traffic growth
Will suggest plan of action for traffic optimization in the short and long term
ITC inks pact to buy Shower to Shower, Savlon
This will be ITC's first brand acquisition in the personal care segment
 "ITC inks pact to buy Shower to Shower, Savlon")
SBI profit rises 30%, NPAs under check
Net interest income grows 9.2%, owing to 6.9% annual growth in loans
 "SBI profit rises 30%, NPAs under check")
Exports fall 11.2% in Jan, most in 3 yrs
Imports dip 11.4%; trade deficit at an 11-month low of $8.3 billion
 "Exports fall 11.2% in Jan, most in 3 yrs")
Sensex back at 29,000 levels
SBI results, moderate inflation and global cues help markets gain the most in three weeks
 "Sensex back at 29,000 levels")