Companies don't have to be in the field to nudge people to return money they owe lenders.
The Securities and Exchange Board of India (Sebi) has cleared the draft red herring prospectus (DRHP) of the state-owned Life Insurance Corporation of India (LIC). According to investment banking sources, the so-called final observations were issued by the market regulator on Tuesday evening. Following the market regulator's nod to the IPO papers, the insurer can launch its share sale. However, LIC may not launch its IPO immediately given the current volatile market conditions.
Trade generic drugs (medicines that are sold directly through distributors) are fast becoming a key segment for domestic pharma firms as volume growth slows in the overall market. Big companies like Cipla and Alkem have a significant presence in the segment but recently, players like Torrent Pharmaceuticals and Dr Reddy's Laboratories (DRL) have also entered this market. What is driving big pharma's focus on trade generics? The volume growth in the Indian Pharma Market (IPM) has come down from 5.6 per cent in FY16 to 0.1 per cent in FY23.
What is the effect of the report of a commission of inquiry that has been rejected or not accepted by the government, and whether the empirical data which formed the basis of the report can be looked at while determining a constitutional issue, the Supreme Court wondered on Wednesday while considering the question of quotas for Dalit Muslims and Dalit Christians.
As the death toll in the country from coronavirus jumped by a record 445 to 13,699, the Centre maintained that the number of infections per lakh population was among the lowest in the world. The new cases surged by over 10,000 for the 11th day in a row and rose by 14,821 to take the total to 4,25,282, according to health ministry data.
The Opposition parties need to spell out how exactly they will protect the citizen from government excess, asserts T N Ninan.
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The Union Cabinet on Wednesday had approved the proposal to amend the Sebi Act and other relevant regulations that would give greater powers to the regulator in its efforts to tackle all kinds of money-collection schemes, as also to effectively crackdown on defaulters in the stock markets.
'I have received Rs 5 lakh from the Jammu and Kashmir administration. Is that the price of my innocent son and others killed in cold blood'
Billionaire Gautam Adani's embattled conglomerate said its balance sheet is "very healthy" and is laser focused on continuing business momentum, as it looked to reassure investors to keep faith in the conglomerate despite a share rout triggered by a damning report by a US short-seller. Group CFO Jugeshinder (Robbie) Singh in an earnings call said the group is confident of its internal controls, compliance and corporate governance. Separately, it released a compendium of group companies to highlight that it has adequate cash reserves and has ability to refinance debt.
Guadalupe Jaimes, a Chicago roofing supply salesman, calls the $100 pay-per-view price tag for a high-definition broadcast of Saturday's boxing mega-match "ridiculous."
If all 102 grounded planes could fly, there will theoretically be 400 more Delhi-Mumbai flights every day.
About 300 fintech firms are under investigation by the ED for allegedly partnering 38 non-banking financial companies for predatory lending practices to charge borrowers high interest rates.
India has recorded 1,134 new coronavirus cases, while the active cases increased to 7,026, according to the Union health ministry data updated on Wednesday.
NewsClick founder Prabir Purkayastha, arrested in a case lodged under anti-terror law Unlawful Activities (Prevention) Act (UAPA) for allegedly receiving money to spread pro-China propaganda, told the Delhi high court on Monday that the allegations against him were "false" and "bogus", and "not a penny has come from China".
Market regulator scours platforms to establish link between traders and those who share info.
All sorts of box office figures have been thrown around, so we decided to investigate the matter.
India is the fourth worst-hit nation by the pandemic after the United States, Brazil and Russia.
The mercury at the Safdarjung Observatory is expected to breach the 43-degree mark on Thursday and touch 44 degrees Celsius by Friday, according to the India meteorological department.
It would seem that Indrani's application was not something prepared or maybe even sanctioned by her lawyers and was a courtroom enterprise she had embarked on by herself, perhaps not realising it distracted from the main business of the trial and didn't help her cause.
In a world without politics, time zones would change by an hour for a shift of 15 degrees of longitude. But, of course, political considerations apply, explains Devangshu Datta.
The authorities have called the families of the crew for carrying out DNA tests for identification of the deceased and collecting the remains and personal effects.
The Special Investigating Team probing the murder of rationalist and Left leader Govind Pansare suspects role of two more Sanatan Sanstha members, who are absconding in connection with the 2009 Madgaon blast, in the case, police sources said on Monday.
Senior Bharatiya Janata Party leader Arun Jaitley on Tuesday launched a sharp attack on the Aam Aadmi Party terming it as a "party of pathological liars" and alleging it creates falsehood and then convinces itself of its truth.
It is not clear as to whether we are in a bubble in technology stocks. What is clear, however, is that there is no reason why this potential bubble will pop anytime soon, notes Akash Prakash.
A post-mortem report stated that Singh had sustained 40 injuries over her body due to the drag. Her "brain matter" is missing and she had multiple contusions, abrasions and lacerations, the doctors found.
Biometric authentication is based on the unscientific and questionable assumption that there are parts of human body that does not age, wither and decay with the passage of time.
About half of the students, who have been affected by the war, have taken admission to universities in other countries.
According to an IMD forecast issued on Thursday, a heatwave spell will persist over northwest and central India during the next five days and over east India during the next three days.
Prasanna D Zore discovered an electrifying atmosphere as the Yatra passed through Balapur in Maharashtra's Akola district.
It turned out that Indrani, who was wearing the Navratri Day 2 green, was fasting for the festival. That caused the impish CBI prosecutor Badami to ask her police detail, "looking for salvation?".
The government on Thursday gave more powers to market regulator Securities and Exchange Board of India to crackdown on ponzi schemes, access phone call records to check insider trading and carry out search and seizure operations.
The move is aimed at dealing with any possible emergency situation on account of a spurt in coronavirus cases.
Imagine a world in which a human only thinks, and a robot cooks the whole meal.
One in eight adults who are infected with SARS-CoV-2 experience long term symptoms due to Covid-19, according to one of the most comprehensive studies on the viral disease to date published in The Lancet journal on Friday.
There's a certain amount of drama to the profession. Sample these taglines: 'We can see the unseen'; 'I can plant my detective in your guest bedroom.' One agency has even ensured that all its phone numbers end in '007'.
With speculation rife that Rio Olympics silver medallist Venus Williams was allegedly allowed to use prohibited substance under Therapeutic Use Exemptions (TUEs) clause, Indian tennis ace Sania Mirza on Friday rubbished reports suggesting that she has demanded the All India Tennis Association (AITA) to raise the matter with the appropriate authorities.
Lei Jun, founder and CEO of Xiaomi, in an internal letter on Wednesday, announced that the company has sold one million smartphones in the first 18 days of this month in India, state-run China Daily reported.
The recovering valuations, will lead to enhanced optimism among investors about funding startups.
'The finance ministry and the RBI will never admit to the difficulties in the economy because if they do so, it will adversely impact the financial markets, etc.' 'They like to present a rosy picture that everything is fine and under control.'
'Society deals with you the way they do, or forms an opinion, depending on if your family is with you every step of the way.'
