The Hindu
A view of the Reserve Bank of India in Mumbai. File photo: Vivek BendreWeak balance sheets, bad loans increase risks for banks: RBI
Industrial sector accounts for major share of overall credit and stressed loans. »
TRAI calls on RCom to submit details about ‘Free Basics’
The Telecom Regulatory Authority of India (TRAI) on Wednesday sent a reminder to Reliance Communications (RCom) to submit details about its proposed Facebook Free Basics service, as the operator h... »
Cancer drug: Natco, Celgene settle case
Revlimid had sales of almost $3.4b in the U.S. market for the year ended September 2015 »
Lenovo charts three-pronged strategy for PC growth
Lenovo, the world’s biggest maker of personal computers, is embarking on a three-pronged plan to boost its market share in personal computer (PC) segment in India over the next few years. It is sh... »
Central bank calls for review of PSU banks’ dividend policy
Public sector banks recorded the highest level of stressed assets at 14.1 per cent »
NEW DELHI, December 24, 2015
Govt. hikes tatkal ticket charges for AC, sleeper class
The government has increased the tatkal ticket booking charges by up to 33 per cent. The Indian Railways has increased the tatkal booking charges for travel in sleeper class, AC-III tier, AC-II ti... »
NEW DELHI, December 24, 2015
Parliament clears backdated bonus hike
Prime Minister Narendra Modi signed off on a ‘retrospective’ bonanza for employees through a last-minute ‘direction’ to change the effective date for a hike in statutory bonus payments to April 1,... »
BENGALURU, December 23, 2015
Wipro to buy Viteos Group for $130 mn
India’s third largest IT exporter,Wipro, said it has signed a definitive agreement to acquire the U.S.-based Viteos Group, a business process provider, for a purchase consideration of $130 million... »
BENGALURU, December 23, 2015
Indian startup grows human liver in lab
Pandorum Technologies, a Bengaluru-based biotech startup, has developed an artificial tissue that performs the functions of the human liver. Pandorum said these 3D-printed living tissues... »
NEW DELHI, December 23, 2015
Facebook campaigns to defend ‘Free Basics’
Facebook has started an aggressive campaign in India to gather public support for its free Internet platform ‘Free Basics’. “Free Basics by Facebook is a first step to connecting one bill... »
NEW DELHI, December 23, 2015
Natco settles patent case with Celgene
Natco Pharma and its US partner Allergan have settled a pending litigation with biopharmaceutical firm Celgene regarding generic Lenalidomide capsules used for treatment of multiple myeloma. ... »
MUMBAI, December 23, 2015
Rupee rises for 7th session to 66.21, up 12 paise
The rupee today continued its upward march for the seventh day by surging 12 paise to close at 66.21 against the American currency on sustained selling of dollars by banks and exporters amid forei... »
NEW DELHI, December 23, 2015
Over 48,000 including top industrialists sign petition for GST
Over 48,000 people, including prominent industrialists, have supported a signature campaign launched by industry body CII urging Members of Parliament to allow the passage of the GST bill, even as... »
December 23, 2015
Alkem Lab, Dr. Lal PathLabs make spectacular debuts
Drug maker Alkem Laboratories and diagnostic chain Dr. Lal PathLabs listed their shares on the stock exchanges on Wednesday. The equity shares were listed on the BSE as well as the NSE.... »
MUMBAI, December 23, 2015
Rupee gains 9 paise against U.S. dollar
Extending its gains for the seventh day in a row, the rupee strengthened by 9 paise to 66.24 against the U.S. dollar in early trade on Wednesday at the Inter-bank Foreign Exchange. Beside... »
