Page-15 of Business

Health Ministry releases draft rules for e-pharmacies to regulate online sale of medicines

September 3, 2018

Union Health Ministry has released draft rules on sale of drugs by e-pharmacies to regulate online sale of medicines across India. These rules also have been proposed to ensure accessibility and availability of genuine drugs to the people across India ..

Month: 

Mauritius remains top source of FDI into India in 2017-18: RBI

September 3, 2018

According to Reserve Bank of India (RBI) data, Mauritius was top source of foreign direct investment (FDI) into India in 2017-18 followed by Singapore. The total FDI in FY 18 stood at $37.36 billion in financial year which was marginal ..

Month: 

ITI Limited partners with startups to boost manufacturing of ICT, IoT and Defence Technology

September 3, 2018

State-owned ITI Limited has signed agreements with leading startups and original equipment manufacturers (OEMs) covering manufacturing of wide range of ICT-IOT (Information and communications technology- Internet of Things) based solutions. The agreements were signed on the sidelines of the first ..

Month: 

Vodafone Idea Ltd: Idea Cellular and Vodafone completes merger to create India’s largest telecom operator

September 1, 2018

The merger of Idea Cellular and Vodafone India has been completed after it was cleared by National Company Law Tribunal (NCLT). This merger has created India’s biggest telecom service provider. The merged entity is named Vodafone Idea Ltd and dislodges ..

Month: 

India, Singapore sign second protocol amending CECA

August 25, 2018

India and Singapore have signed Second Protocol amending Comprehensive Economic Cooperation Agreement (CECA) in New Delhi. Its provisions will come into effect on 14th September, 2018. Second Protocol amending CECA It will help to boost bilateral trade between India and ..

Month: 

Reliance Industries become first Indian company to cross Rs. 8 trillion market cap

August 24, 2018

Mukesh Ambani-led oil-to-telecom behemoth Reliance Industries Ltd (RIL) became first Indian company to cross Rs 8 lakh crore ($114 billion) market capitalisation. This record m-cap of RIL also bumped up Mukesh Ambani’s (India’s richest man) wealth to over $48 billion ..

Month: 

Insurers to cover mental illness under medical insurance policy: IRDAI

August 19, 2018

Insurance Regulatory and Development Authority (IRDAI) has asked insurers to cover mental illness under medical insurance policy from immediate effect, treating it at par with physical illness. At present, insurers exclude mental illness from ambit of medical insurance policies. Key ..

Month: 

Public sector banks to come out of PCA framework by end of 2018: Government

August 18, 2018

Union Government is expecting that public sector banks (PSBs) placed under RBI’s Prompt Corrective Action (PCA) framework will come out of it by the end of this year. As many as 11 out of 21 state-owned banks are currently under ..

Month: 

Investment in P-notes hits 9-year low at Rs 80,341 crore

August 18, 2018

Investments through participatory notes (P-notes) into Indian capital markets- equity, debt, and derivatives have plunged to over nine-year low of Rs 80,341 crore till July 2018-end. This is the lowest level since April 2009 when the cumulative value of such ..

Month: 

India to grow 7.2% in 2018-19 down from earlier projection of 7.4%: Ind-Ra Outlook

August 17, 2018

Rating agency India Ratings & Research (Ind-Ra) in its Mid-Year FY19 Outlook has revised down India’s growth to 7.2% from its earlier projection of 7.4% for 2018-19 (FY19). The downward revision comes as Indian economy to face headwinds from high ..

Month: