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Volkswagen scam: Judicial custody for Jain

The Central Bureau of Investigation, probing the Rs 11.67-crore Volkswagen scam,brought Ashok Jain, former chief adviser for Volkswagen's Indian project, from Delhi on transit remand on Friday......

Zee: Padmalaya chief threatens defamation suit

A day after Zee Telefilms Ltd board decided to take legal action against G A Seshagiri Rao, chairman and managing director of Padmalaya Telefilms and Padmalaya Enterprises for alleged fraudulent......

Make in India? It's tough, say steel manufacturers

Govt continues to dither on anti-dumping duty against cheap Chinese steel imports; risk of steel sector NPAs looms large as production is unviable. The central government’s Make-in-India......

RBI opts for a strategic timeout on rate cuts

From inflation, central bank shifts focus to rupee stability and capital flows. Corporate India is caught between a rock and a hard place. It has been expecting sharper rate cuts as inflation (WPI)......

RBI makes debt recast norms more stringent

The Reserve Bank of India on Thursday said all loans recast after April 1, 2015, should be classified as non-performing asset.Also, from June 1, the provisioning requirement for fresh standard......

Rate cuts to spur growth, ease liquidity: India Inc

Reeling under slowdown, India Inc on Tuesday hailed Reserve Bank's move to reduce repo rate and cash reserve ratio by a quarter per cent, saying it will spur growth and ease the prevailing tight......

Srinivasan sweeps TNCA election

Former Board of Control for Cricket in Indiapresident AC Muthiah bit the dust in the Tamil Nadu Cricket Association elections as Board treasurer N Srinivasan and his team made a clean sweep,......
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Fresh duty hike soon to cut cheap steel imports

The government may jack up import duty on different grades of steel to up to 15 per cent to provide a cushion to the domestic industry, which is... ...

http://www.mydigitalfc.com/news/fresh-duty-hike-soon-cut-cheap-steel-imports-899
Core sector output jumps, growth fastest in 6 months

The eight core sector industries made a smart recovery in May, registering the highest growth rate in six months. That should give good reasons to... ...

http://www.mydigitalfc.com/news/core-sector-output-jumps-growth-fastest-6-months-898
Japan, S.Korea upset Indian steelmaker, eat local mkt share

Amid a global glut, steel imports jumped 72 percent in the last fiscal year to March to 9.3 million tonnes. South Korea and Japan together sent 3.5... ...

http://www.moneycontrol.com/news/business/japan-skorea-upset-indian-steelmaker-eat-local-mkt-share_1668381.html
JSW Steel to drastically reduce iron ore imports in FY16

JSW Steel, an integrated low-cost steel producer, is planning to drastically reduce import of iron ore during 2015-16 to feed its furnaces in... ...

http://wap.business-standard.com/article/companies/jsw-steel-to-drastically-reduce-iron-ore-imports-in-fy16-115062200662_1.html
Pedana Chairman Yarra Seshagiri Rao no more

l in Vijayawada today following prolonged illness, family sources said. He was 75. Rao(TDP) is survived by three sons and one daughter. He had been... ...

http://www.business-standard.com/article/pti-stories/pedana-chairman-yarra-seshagiri-rao-no-more-115062000549_1.html

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