Western drugmakers, including Pfizer Inc, Novartis AG, Roche Holding AG and Sanofi SA, covet a bigger share of the fast-growing Indian drugs market.
Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company
The vertical will be based out of Bengaluru.
The curious thing is that savings instruments have not really kept pace with changing needs, although people have access to a wider variety than before.
'It is absolutely critical on pure economic terms, but it's also smart politically, because a recent survey reported that 73 percent of Indians view climate change as the most pressing global concern,' US Secretary of State John Kerry tells a high-power audience in Washington, DC.
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Senior company officials said the funds would be used to expand its financial services business in rural India where the group would be opening more branches.
Customs and excise duty rates have been amended mainly to promote Make in India.
The 30-share Sensex dropped 298 points to end at 27,209 and the 50-share Nifty has lost 93 points to end at 8,174.
'Mr Modi has inherited a system that taxes businessmen and fritters the money away over ministries.'
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Tata Sons, India's biggest business group, and firms controlled by billionaires Anil Ambani and Kumar Mangalam Birla are among the 26 companies that have applied for licences to open banks.
'Research shows that customers want their loans instantly.' 'So the team asked can we reduce the time for approval from 5 days to 30 seconds?' 'It took the company two years of hard work to tear apart our operations and processes and rebuild them through fresh ideas and by leveraging technology.' 'We reduced the time of loan approval to 3 hours and another year to get it down to 30 seconds,' Sanjiv Bajaj tells Surajeet Das Gupta.
Bankers have decided to fight back against 'arbitrary arrests' and 'harassment' by probe agencies.
The prime minister spoke about women's empowerment, equality and good governance.
"When Modiji undertakes a trip abroad, thousands of Indians wait to welcome him and foreign nations are eager to do business with India," he added.
'In the time I have been an Indiawallah, I have seen three US Presidential visits to India, nuclear sanctions, nuclear cooperation, a border conflict with Pakistan, the growth of IT services, a government losing a confidence vote, and so much more,' Rick Rossow, the new Wadhwani Chair in US-India Policy Studies tells Rediff.com's Aziz Haniffa.
While Renault reported an over 12 per cent decline in sales and lost market share, Market leader Maruti Suzuki grew over 19 per cent.
The PM also told his party's leaders that their responsibility has risen as public support has increased for the BJP.
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The cap on FDI in retail has been totally removed, while the limit in insurance sector has been enhanced to 46 per cent.
Disclose foreign assets, redesignate NRO a/c and open a Resident Foreign Currency a/c to park forex earnings
Over the years, Mr Singh has got in and out of innumerable businesses, cutting across sectors. He is one businessman who I have always found to be in a start-up mode, says Bhupesh Bhandari.
These investors are not only betting on little-known stocks, but also sectors that the market participants are not paying much heed to. Some of these stocks can be potential multi-baggers, while others may not live up to the expectations of these stock-pickers, says Jash Kriplani.
The RBI wants to include shares and options within the variable salary of the CEOs, proposed to be capped at 200 per cent of their fixed salary; the floor for it is 50 per cent.
'This may be good news for Rahul Gandhi, for no matter how Modi performs, there will always be some degree of dissatisfaction with his performance among large sections of voters,' says R Jagannathan.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
The next step is the charter, which aims to safeguard consumer rights and address criticism about the government not doing enough for passengers.
'It is in the interest of both sides that the visit of the US President is seen as being successful. Both sides have invested considerable political capital in it. This rapid exchange of visits and the decisions taken have to be justified, beyond the symbolism, which is no doubt important in itself. This opportunity to impart a fresh momentum to ties should not be missed,' says former foreign secretary Kanwal Sibal.
Lines up seven OFS issues along with half a dozen IPOs for the next few months
A government panel examined the records of employees surveyed by Labour Bureau's quarterly enterprises surveys and mapped it with the EPFO's subscribers and found "unexplained variations" between the two.
Indeed, this is one policy area where the Modi-led government is different from the one that was headed by Atal Bihari Vajpayee.
He is betting on emerging firms to generate ideas and build wealth through Premji Invest
Modi government has to come up with a robust economic agenda to impress the masses.
The company is pursuing the early scheduling of gas with the Centre to restart generation.
The Congress said arrogance of the BJP has touched its zenith as it turned 'blind' to farm distress.
The students of Marjory Stoneman Douglas and other United States schools, Tim Cook, India's Indira Jaising and Mukesh Ambani. The names mentioned above have nothing in common... until now. They have all been named as Fortune's World's 50 Greatest Leaders. Here are some of the prominent names mentioned in the list.
As the Jan-Dhan scheme completes a month since its official launch, reports coming in from various parts of the country suggest the stated target of 75 million new accounts will be achieved much before January 26 next year.
Congress termed the raids as highly vindictive and said it is part of "PM Narendra Modi's hate agenda and political vendetta against the Congress and its leaders".
An investor would pay much less when he invests through a registered investment advisor than a distributor.
The three main regulators have different approaches to grievance redressal and different standards to stop harmful from coming pitched at the consumer.
Each 'adarsh village' should have piped drinking water, connectivity to the main road, electricity supply to all households, library, telecom and broadband connectivity including CCTVs in public areas. Emphasis will also be on e-governance, says Sheela Bhatt/Rediff.com.
10 central trade unions have called a nationwide shutdown against 'anti-worker policies' of the central government. Apart from being successful in Bengal, Kerala and NE states, the bandh has also got support from Cong leader Rahul Gandhi and Shiv Sena in Maharashtra.
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