Clipped from: https://www.thehindubusinessline.com/opinion/pharma-industry-must-turn-more-innovative/article36345068.ece?homepage=true To go beyond generics, the industry needs policy support by way of R&D tax breaks, patent law tweaks and research talent Perhaps the
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Govt heeds telecom sector’s call: Major licence fee, AGR relief expected on September 8 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/govt-heeds-telecom-sectors-call-major-licence-fee-agr-relief-expected-on-september-8/article36346666.ece?homepage=true Cabinet seen re-defining AGR, giving moratorium on spectrum instalment payment In a major relief package for the telecom sector, the Cabinet is likely
bharti axa: ICICI Lombard gets final IRDAI approval for Bharti Axa acquisition – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/insure/icici-lombard-gets-final-irdai-approval-for-bharti-axa-acquisition/articleshow/85921963.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The insurance regulator IRDAI’s final approval for the merger of the two general insurance businesses comes over a year after ICICI Lombard bought
car sales: No Diwali discounts? Parts shortage, hefty freight may reduce price markdowns on cars, phones – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/this-year-discount-the-festive-discount/articleshow/85819188.cmsSynopsis Discounts and consumer promotion offers on cars, smartphones, televisions, laptops and refrigerators will be among the lowest ever in the upcoming festive season.
For every Rs 100 earned, Rs 35 goes to govt: Sunil Mittal on telecom woes | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/airtel-s-fund-raise-plans-give-power-to-tap-large-opportunities-mittal-121083000755_1.html Airtel’s Rs 21,000 crore fund-raising plans will give the firm the fuel to shift to a higher gear and tap large opportunities, its
Preserve competition | Business Standard Editorials
lipped from: https://www.business-standard.com/article/opinion/preserve-competition-121082900990_1.html Duopoly in telecom will hurt both consumers and govt The government is reportedly looking at a relief package for the stressed telecom sector while also
Fixing a floor price for telecom tariffs is a bad idea, from multiple points of view – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/no-floor-price-in-telecom-please/articleshow/85280755.cmsSynopsis Telecom would become unaffordable for those at the bottom of the income pyramid, just when Digital India offers them multiple ways to combat
Not able to comply with peak margin rules: Brokers tell SEBI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/not-able-to-comply-with-peak-margin-rules-brokers-tell-sebi/article35823153.ece Many components of margin levied or to be increased are excessive, bear low correlation to risk and, can damage the growth of the
Aditya Birla Sun Life AMC receives Sebi’s final approval for IPO | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/aditya-birla-sun-life-amc-receives-sebi-s-final-approval-for-ipo-121080600367_1.html Sources say that the IPO size could be around Rs 2,000 crore The fund house had filed its draft red herring prospectus (DRHP)
Enforcement Directorate threatens Flipkart, its founders with $1.35 billion fine, say sources – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/enforcement-directorate-threatens-flipkart-its-founders-with-1-35-billion-fine-say-sources/articleshow/85056916.cmsSynopsis India’s brick-and-mortar retailers say Amazon and Flipkart favour select sellers on their platforms and use complex business structures to bypass the foreign investment
Vodafone Group CEO Nick Read rules out fresh fund infusion in Vi | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/vodafone-group-ceo-nick-read-rules-out-fresh-fund-infusion-in-vi-121080302021_1.html Vi has a debt of about Rs 1.8 trillion, including deferred spectrum obligations and AGR dues Vodafone CEO Nick Read. PHOTO: BLOOMBERG Vodafone Group Plc
For swift remedial action on telecom – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/for-swift-remedial-action-on-telecom/articleshow/85016111.cmsSynopsis Make it clear government wants three players Dither will debilitate India’s telecom sector. The government needs to make it clear whether it wants three
HDB Financial IPO: HDB Financial: how Aditya Puri’s dream IPO is now HDFC Bank’s headache – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/fintech-and-bfsi/how-aditya-puris-hdb-financial-services-ipo-dream-has-now-become-a-headache-for-hdfc-bank/primearticleshow/84984737.cms SynopsisFrom aiming for an INR80,000 crore IPO to now engaging with investors for stakes, things have changed rapidly for HDB Financial Services. At
Cold chain logistics: Here’s how COVID 19 is impacting the cold chain logistics market – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/how-covid-19-is-impacting-the-cold-chain-logistics-market/articleshow/84970188.cmsSynopsis As the country grapples with one of its greatest challenges of producing enough vaccines to inoculate every Indian, ensuring delivery of the same
Kumar Mangalam Birla proposes to hand over stake in Vodafone Idea to govt – BusinessToday
Clipped from: https://www.businesstoday.in/industry/telecom/story/kumar-mangalam-birla-proposes-to-hand-over-stake-in-vodafone-idea-to-govt-303072-2021-08-02 Birla said investors are not willing to invest in the company in the absence of clarity on AGR liability, adequate moratorium on spectrum
Chai Waale raises ₹5 crore from angel investors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/chai-waale-raises-5-crore-from-angel-investors/article35648171.ece Current round of funding saw celebrity investors like Nayanthara and Vignesh Shivan Chai Waale, a Chennai-based quick service restaurant (QSR) start-up, has raised
Big Boys and their Toys — Jhunjhunwala & Akasa Air – BusinessToday
Clipped from: https://www.businesstoday.in/opinion/columns/story/big-boys-and-their-toys-jhunjhunwala-akasa-air-302859-2021-07-30 For billionaire Rakesh Jhunjhunwala, the investment in Akasa Air is a thought out play on India’s growth bouncing back. India’s most successful investor,
More than 3 GW solar projects held up due to rising module prices: Industry – The Financial Express
Clipped from: https://www.financialexpress.com/industry/more-than-3-gw-solar-projects-held-up-due-to-rising-module-prices-industry/2300405/ The rising prices and net metering cap have even impacted the ground-mounted players, with many taking a cut and working on margins as
Sound thinking on telecom sector – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/sound-thinking-on-telecom-sector/articleshow/84835233.cmsSynopsis A more innovative step would be for the government to convert, in part, at least, the debt the telcos owe it on account
Govt says 16,527 companies struck off during April 2020-June 2021 period – The Financial Express
Clipped from: https://www.financialexpress.com/industry/govt-says-16527-companies-struck-off-during-april-2020-june-2021-period/2297962/ In written replies, the minister said that terms ‘shut down’ or ‘closed unit’ or ‘corporate unit’ are not defined under the Act. Under
