SEBI will likely approve raising the limit for retail investors to invest in IPOs to Rs. 2 lakh, cutting down on excess applications. The portions reserved for wealthy individuals and corporations are oversubscribed 20-25 times, while retail is 3-5 times. Coca-Cola India will start selling Nestle-branded iced tea in bottles within two months as it expands beyond carbonated drinks. A Pepsico veteran will take over as CEO of its India food division to add healthier foods and check falling snacks market share. Mahindra Rural Finance unit's balance sheet is projected to grow to Rs. 5,000-6,000 crore in 3-5 years from Rs. 90 crore currently

1. Presented By
Supriya Nayyar

2.  Retail Investors will get to double their bets on Initial
Public offerings as the market regulators is set to raise
the limit to Rs.2 lakh.
 The proposed likely to approved by the Board of SEBI
will cut the numerous applications investors.
 The portion reserved for wealthy individuals and
corporate treasuries have been consistently
oversubscribed by 20-25 times as they borrow heavily to
benefit from pop-up listing, while in the retail category
that depends on savings, it was 3-5 times.

3.  Coca-Cola is extending its global venture with
Nestle for ready-to-drink tea– Beverage Partners
Worldwide- to India.
 Coca-Cola India will start selling this iced tea under
the Nestle brand in bottles within the next two
months.
 Coca-Cola India has been making several efforts to
break into the non-aerated drinks segments to offset
a possible slowdown in its core fizzy drinks in line
with health and wellness trends.

4.  Varun Berry, a Pepsico veteran of 17 years, will take
over as CEO of its food division in India, where the US
foods and beverages major is adding healthier foods to
its portfolio to check eroding market share in snacks
business.
 He is an Alumni of Punjab Engineering College and an
MBA from Panjab University. He cut his marketing
teeth at Brooke Bond India in 1986.

5.  Mahindra & Mahindra Financial Services anticipates
that the balance sheet of its Rural housing finance
subsidiary will grow to around Rs.5,000-6,000 crore in
about 3-5 yrs.
 The Rural Housing business of MMFSL stood at Rs.90
crore.
 It holds a 87.5% stake in the subsidiary and the
remaining 12.5% is held by National Housing Bank.
 Its Profit stood at Rs.3.6 crore in this fiscal as against
Rs.40 lakh.

6.  A Panel formed by the Insurance council will probably
recommend that domestic healthcare systems such as ayurveda,
unani and siddha should be treated on par with allopathy when it
comes to medical insurance.
 The department of Ayush has approached the General Insurance
Council for looking at the possibility of accepting claims under the
non-allopathic means of treatment.
 The panel is comprising of CEOs of Star Health, Max Bupa &
Apollo to examine merits of department of Ayush proposal.

7.  The Colgate-Palmolive posted an 11.8% jump in
net profit to Rs.100 crore for the quarter on the
back of robust sales growth in the toothpaste
category.
 The company had registered a net profit of
Rs.89.7 crore in the same period last fiscal.
 The net sales of the company during the quarter
stood at Rs.551.77 crore, a 13% increase from
Rs.487.26 crore in the corresponding in the last
fiscal quarter.