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BIG STORY
IndiGo reports marginal rise in Q4 net profit

According to InterGlobe Aviation, the mother company of IndiGo, the net profit during the quarter under review inched up by 0.3 percent to Rs.579.31 crore from Rs 577.33 crore in the like period of 2014-15.
EPF interest rate raised to 8.8% for 2015-16

Labour Minister Bandaru Dattatreya announced the decision to raise interest rate on a day employee unions had called nationwide protests against fixing interest rates lower than 8.8 per cent decided by the retirement fund body EPFO as well as 8.75 per cent paid for the previous fiscal.
Investors frustrated by RJio launch delay: Report

The delay is expected to be on the account of the company's chase for "perfection", a Citi Group report said. "The ensuing delay could be testing investors' patience. It raises concerns of Jio further eroding its first mover advantage. The capital expenditure targets also continue to go up," it added.
Operation of 'Indian GPS' will take some more time

"For civilian usage to bloom and the cost to come down, more manufacturers have to start making the navigation signal receivers. That will happen once the IRNSS is formally declared operational," A.S. Ganeshan, retired programme director of ISRO's Satellite Navigation Progamme said.
Mallya says in forced exile, no plans to return

Mallya, whose passport was revoked this month, said he wants a "reasonable" settlement with creditor banks for his defunct airline, but they "are not getting any money" by taking his passport or arresting him.
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Industry
RBI allows up to 60% foreign holding in YES Bank
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IndiGo reports marginal rise in Q4 net profit
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MANAGEMENT
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