At its heart, the issue is more than compliance. It is the risk of possible breakdown of a strong nexus between insurance firms and motor car dealers that makes the business the top earner for the former.
Sun Pharma open to large acquisitions post Ranbaxy.
The new device, building by a team of Indian Institute of Science, Bengaluru, will keep the heart in good condition for about eight hours.
FDA allows Teva to launch Nexium generic; Cipla, which supplies formulation, to gain
'The Modi government believes the industrialist, the capitalist, has to pay for the assets of the government which belong to the people of India.'
Details on prices sought as 10 generic drugs become up to 83 times costlier in 6 months
Formula One faces its biggest shake-up in decades with the announcement on Wednesday that US cable TV mogul John Malone's Liberty Media has agreed to take control of the cash-generating glamour sport.
Finance ministry considers tax sops, regulation of hospitals to make health care affordable.
How sustainable and prudent is the policy of boosting services without commensurate growth in infrastructure in the relevant sectors, asksA K Bhattacharya.
The sudden exit of Yogesh Agarwal as the chairman of the Pension Fund Regulatory and Development Authority, or PFRDA, has once again brought the relationship between financial sector regulators and the finance ministry into sharp focus.
Make in India needs policy support for access to markets.
Indian promoters Poddars to relinquish control for severance package.
Commodity futures market's dream run came to a halt in 2013 as a Rs 5,600 crore scam in Jignesh Shah-led spot exchange NSEL and imposition of transaction tax on non-farm items hampered the growth of business, with turnover estimated to dip by 30 per cent to Rs 125 lakh crore.
Immediately after taking over as the Board of Control for Cricket in India president for the second time, Shashank Manohar stressed that his priority is to address the conflict of interest in the BCCI, prevent corruption and make the functioning of the Board transparent.
And since social media platforms benefit from it, shouldn't they too be held responsible for the hate and fake news they spread, asks Vanita Kohli-Khandekar.
'Although I am from a different party, I would support this government if they draft an unambiguous section to replace 66A. That is the need of the hour, not from the government's point of view, but from the netizens's point of view,' says former IT minister Milind Deora, in this column exclusive to Rediff.com
According to the US Securities and Exchange Commission, Ramesh "Sunny" Balwani and the founder Elizabeth Holmes raised money by deceiving investors about the company's technology, business and financial performance, raising more than USD 700 million in years-long "massive fraud".
Dr Prashanth Rangan was among the 22 outstanding early-career researchers who were named Pew Scholars in the Biomedical Sciences. Rediff.com's George Joseph reports
To plug claims mismanagement, the Insurance Regulatory and Development Authority of India (Irdai) is bringing reforms in the mediclaim segment.
The challenge will be to force the officials of his government to own this vision.
In a bid to boost the dormant primary market, regulator Sebi said it is ready to review the mandatory grading of initial public offers.
Ranbaxy's US factory, Ohm Laboratories, is learnt to have got a clean chit from the American regulator. This US facility was under surveillance of the Food and Drug Administration (FDA) since the end of 2012.
FIXES BY THE GOVERNMENT: Energy price fixed, tax issues linger.
'It's still very early. I have just been handed over the matter and therefore I haven't formed any views on it as yet,' Justice B N Srikrishna tells Pavan Lall.
Inviting private sector in Indian Railways is a good idea.
Row also provides an opportunity for key competitor ITC (Yippee noodles) to step up market share in the prepared dishes segment
A day after death toll due to swine flu crossed 700, Union Minister of State for Health Shripad Naik said the Centre is sending special ayurvedic medicinal syrups to all states as part of its efforts to combat the influenza.
Govt depts, banks prone to information leakage.
'In the last six years, there have been 29,140 fire incidents in Mumbai in which 300 people have died and 925 people have been injured.' 'So, at least 10 to 12 fire accidents take place in Mumbai every day.'
Nestl is facing its worst crisis ever. Can it learn from its peers?
The employment structure of India's organised manufacturing sector has undergone substantial changes over the last decade.
'As of this moment, we have 1,173 ventilators, 2,695 ICUs and about 10,408 plus isolation beds.' 'But this number keeps changing with every passing hour as we incorporate more private as well as government hospitals in our fight against the pandemic.'
Any delay in passing the coal bill may cause a crisis in the coal sector which would also affect the power sector.
India can become a better place to do business only when exports begin to boom.
'You can never bring about a change if you only bring in outsiders. Consultants will never feel what changes are necessary and where,' says Railway Minister Suresh Prabhu.
Unless the judges factor in the ungovernability of technologies and their beneficial owners, present and future Presidents, prime ministers, judges, legislators and officials handling sensitive assignments may become redundant with reference to their age-old roles for securing 'national resources and assets', warns Dr Gopal Krishna.
Despite the rating agency CARE withdrawing the ratings assigned to the bank facilities of FIPL "with immediate effect" following the receipt of a no-objection certificate (NOC) from the banks, Modi's company received uninterrupted letters of undertaking (LoUs) from PNB, which were honoured by other banks until a few weeks ago.
If Indian storytelling can deliver, it can make the entertainment industry an engine of economic growth and a substantial contributor to GDP, says Vanita Kohli-Khandekar.
The main concern among industry and market experts is that the governance in these companies needs to be strengthened and the focus on social insurance has to come down.
As per revised rules every four tribals is likely to be displaced or affected by projects, as their habitations were rich in natural resources