In a bid to boost the dormant primary market, regulator Sebi said it is ready to review the mandatory grading of initial public offers.
'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.
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.
'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.'
FIXES BY THE GOVERNMENT: Energy price fixed, tax issues linger.
'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.'
Inviting private sector in Indian Railways is a good idea.
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.
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.
Nestl is facing its worst crisis ever. Can it learn from its peers?
Govt depts, banks prone to information leakage.
The employment structure of India's organised manufacturing sector has undergone substantial changes over the last decade.
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.
'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.
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.
India can become a better place to do business only when exports begin to boom.
Any delay in passing the coal bill may cause a crisis in the coal sector which would also affect the power sector.
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
The Supreme Court on Wednesday refused to expand the eight-hour night-time ban period on bursting of crackers and voiced unhappiness over the government's failure to run a campaign to create public awareness during Diwali time on the ill-effects of fireworks.
Communist China has recently developed a great expertise in 'soul reincarnation', feels Claude Arpi
Roche said the Indian regulatory authorities had approved Biocon and Mylan's products as Trastuzumab, but it was unclear if these met the criteria for biosimilar products.
The project is awaiting clearances from the DGCA.
After raising $2.5 billion from SoftBank's Masayoshi Son and his Vision Fund, Sachin Bansal and Binny Bansal are back in the driving seat at Flipkart, the company they founded over a decade ago.
'In each hartal, enormous amount of public money is wasted. The entire state comes to a standstill. How long can this go on?' 'Every year 3 crore people sit at home not because they support hartals, but because they are forced to do so.' 'This is part of a larger measure to curb democratic rights.'
If the new governor can think out of the box even as he signals that he can bat for the RBI cadre and respect its institutional memory, that will go a long way in getting out of the current impasse.
Sensex, Nifty under pressure on weak global cues.
Four Canadian ministers of Indian origin are traveling with Prime Minister Trudeau.
In addition to the attack helicopters, the contract also includes fire control radars; Hellfire Longbow missiles; stinger Block I-92H missiles; night vision sensors and inertial navigation systems.
Section 45, which says no claim can be rejected after three years of a policy being in force, remains a bone of contention
'We have promised to ensure reduced tax rates.'
Arvind Panagariya speaks about climate change, globalisation and India's economy.
The flawed response to the crisis has fed a us-vs-them mentality in which the banker, the expert, the coastal entrepreneur, the immigrant, the foreigner are all villains. The crisis was not that much of a problem; the response -- the over-reaction, the sovereign debt build-up and the lasting anger -- is the problem, says Mihir S Sharma.
The dead include 10 women and seven men, another fire official said, noting that a man and woman were injured.
Keki Mistry, vice chairman and CEO, HDFC tells Joydeep Ghosh and Chirag Madia that unlike some other players it never went for excesses and never took unreasonable risks.
Once tipped to emerge as the biggest exporter, the pharmaceutical industry is yet to acquire the scale of those in software services, says Krishna Kant.
Beijing now fears that the fallout of the NSG outcome could have an impact on a crucial verdict expected soon from the Permanent Court of Arbitration in The Hague in a case brought by the Philippines concerning China's territorial reclamation activities in the South China Sea.
The chief of America's Federal Communications Commission is not a fan of net neutrality. So what's his vision of communications and digital policy in these times?
The PNB fiasco falls into a family line that involves non-fund limits - read contingent liabilities which are off-books. Harshad Mehta did it with bankers' receipts in 1992. Ketan Parekh exploited the ignorance of bankers who did not know the difference between a cheque and a pay-order. And the RBI blinked when it failed to insist the SWIFT platform be linked to the core banking solution. Raghu Mohan & Abhijit Lele trace the banking mess that was just waiting to happen.
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