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NEWS FLASH

D Uber has introduced Business Profiles, through which D Indirect tax collection jumped from 34.3% to Rs

it looks to get more corporate customers 4,38,291 crore as against Rs 3,26,273 crore in 2014

D Railway to create an online database of missing and D India's GDP is expected to grow by 7.9% next fiscal

runaway children rescued at railway stations driven by rising domestic demand and higher capital

D Vijaya Bank opens its 1777th branch at Yelahanka Old spending by the govt

Town, Shivanahalli, Bengaluru D Govt to set up SETU mechanism to support startups

D Vijaya Bank adopted a girl child to support her business

education till her grads as a CSR activity D India has 3rd largest base of technologies startups:

Google

D Union Bank and K. V. Sangathan join hand for online
fee collection of around 12 lakh students in 1122 KV D CAG raps ONGC for Rs 7,995 crore losses due to poor
drilling rigs management
Schools

D SBI has reported an increase in net profit by 25.12% D NSE entered into a pact with London Stock Exchange
for research centre at Gujarat
to Rs 3,879 crs in Q2FY16 from Rs 3100 in Q2FY15

D European Central Bank to cut benchmark rate by 10 D DHL to invest $ 16.3 million in India to introduce
basis points to provide impetus to the beleaguered drones and new technologies for deliveries and
Euro economy managing logistics

D India's exports fell 24.4% in November, while imports D Infosys invests $ 4 million in Israeli startup

shrink further to 30.3% CloudEndure

D Proxy Advisory firm SES favours Maruti's Deal with D RBI can now intervene in currency market, if required

Parent Suzuki and data to be published in monthly bulletins

D Value of banking transactions via mobiles jumps 90%

D SpiceJet becomes world's Top-performing Airlines in January-July

stock surging about 340% D DIPP notifies relaxation of FDI rules in 15 sectors

D EPFO revisiting decision to invest Rs 6,000 crore in D I-T Dept launches PAN-based litigation management

equities in FY16 system

D Hyundai to hike vehicle prices by up to Rs 30,000 D Companies getting into tax rows with India will not

D Centre to allow states to extract and sell coal to be able to invoke the treaty with their parent
medium and small industries within boundaries countries

Cheaper power for Railways

The Railways will save Rs. 1,000 crore every year as it starts procuring electricity
from gas-based power plant at Ratnagiri Power Ltd. It will procure electricity at Rs.
4.70 a unit against the present rate of Rs. 8.70 a unit which it procures from
Maharashtra, said railways' official sources.

Every year, the Railways will procure 500 MW from Ratnagiri plant. Out of this, 300
MW or 1.8 billion units will be consumed in Maharashtra, while the remaining will be consumed in other States like
Madhya Pradesh and Chhattisgarh.

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