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Dr Reddy’s eyes fresh foray into Japanese market

Monday, 31 Mar 2014 | PTI | Hyderabad

After shrugging off its proposed joint venture with Fujifilm which was a non-starter, Dr Reddy’s Laboratories Limited is back on the drawing board and is keen to make a fresh foray into the Japanese market. “We are exploring all options in the sense we have product profile. We have already gone...

Sensex continues to make new highs as FIIs continue to invest

Saturday, 29 Mar 2014 | PNS | New Delhi

Continuing to breach to new record highs, Sensex yet again surged as foreign institutional investors (FII) continued investing in the Indian stock markets. The benchmark Sensex scaled a new high for the fifth straight day on Friday but ended a little lower at 22,339.97, at its new record closing with...

HSBC, RBS see RBI leaving rates unchanged on Tuesday

Saturday, 29 Mar 2014 | PTI | Mumbai

The Reserve Bank may keep status quo on key policy rates on Tuesday, although it may not be fully done with the tightening as core inflation continues to be sticky, foreign brokerages HSBC and RBS said on Friday. “In its forward guidance at the January meeting it had signalled a pause,...

OilMin defers new price regime, RIL to sell gas at existing rate

Saturday, 29 Mar 2014 | PNS | New Delhi

With the Government deciding to abide by the Election Commission’s directive to defer the notification of a new gas price regime which was to come into effect from April 1, 2014 till the Lok Sabha polls are over, the Petroleum Ministry on Friday approved the continuation of the Reliance Industries...

DGCA cracks down on private air charters

Saturday, 29 Mar 2014 | PTI | New Delhi

Cracking down on private air charters, DGCA on Friday refused to allow a private aircraft to take off from Delhi for violating safety norms and dismissed the pilot of Reliance Industries who was not carrying his license while on duty. In Mumbai, officials of the aviation regulator also held up two...

New companies law: Govt notifies rules for ten more chapters

Saturday, 29 Mar 2014 | PTI | New Delhi

Rolling out the new Companies Act, the Government has notified rules for ten more chapters, including those related to powers of boards and appointment of directors. Most parts of the Companies Act, 2013, that replaces the nearly six-decade old law that governs corporates in the country, would come into effect from...

Ajay Shriram takes over as new CII President

Saturday, 29 Mar 2014 | PNS | New Delhi

CII has elected Chairman and senior Managing Director of DCM Shriram Limited Ajay Shriram as its President. Shriram succeeds Infosys Executive Vice Chairman Kris Gopalakrishnan as the new President. Shriram obtained a Bachelors degree in Commerce from Sydenham College, Mumbai. He has attended various training & management development programmes in India...

Regulators clamp down on MFs’ assets window-dressing efforts

Saturday, 29 Mar 2014 | PTI | New Delhi

Some mutual funds have come under scanner of the capital markets watchdog Sebi and industry’s front-line regulator AMFI for allegedly window-dressing their fiscal-end assets base through illicit trades. The funds houses have also been asked by AMFI to “desist from entering into undesirable trades/transactions which are not in conformity with regulation”. The...

Sahara staff offer to collect Rs5,000 cr for Roy’s release

Saturday, 29 Mar 2014 | PTI | New Delhi

In a fresh dramatic twist to the Sebi-Sahara saga, an innovative idea was on Friday floated for collection of at least Rs1 lakh each from Sahara employeesand ‘well-wishers’ to garner at least Rs5,000 crore and secure group chief Subrata Roy’s release from Tihar Jail. The money has been proposed to be...

Indian groups urge Govt to resist US pressure over economic policies

Saturday, 29 Mar 2014 | S Rajagopalan | Washington

A host of Indian groups have urged the outgoing Manmohan Singh government to resist and challenge US pressures to change its economic policies at the behest of Corporate America and its “misleading allegations”. As a counter-move to the intense lobbying by US business groups that want India to be designated...


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L-G inspects Anand Vihar ISBT

15 Apr 2018 | Staff Reporter | New Delhi

Lieutenant Governor Anil Baijal on Saturday inspected Anand Vihar ISBT area and reviewed issues related to traffic, parking, encroachment and sanitation. He directed Delhi Integrated Multi-Modal Transit System Ltd (DIMTS) and East Delhi Municipal Corporation to remove all unauthorised encroachments near the entry point of Anand Vihar ISBT and surrounding footpaths to facilitate easy movement of pedestrians...

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INBRIEF

21 Apr 2018 | PNS | New Delhi

Earth Day at DPS, Ranchi Students of DPS, Ranchi of Class II celebrated Earth Day on Friday. It was a day to remind that the planet we live on is not our property, but responsibility...

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