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BULK LICENCES
Foreign whisky sales slow for second straight year as post-pandemic boom fadesGrowth in imported whisky sales slowed for a second consecutive year in 2025 across Scotch, Irish, Japanese and American categories, reflec...- Government prescribes end to over-the-counter sale of cough syrupsEven in small villages with a population of less than 1,000, where certain remedies including cough syrups were allowed to be sold without ...
- To stay shipshape, cut regulatory flabIn a bid to invigorate the Indian economy, Prime Minister Narendra Modi advocates for a shift towards deregulation. This initiative is desi...
- Born out of microfinance, Bandhan Bank now bets big on AI and digital bankingAs Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Executive Director & COO Ratan Kumar ...
- Import tariff values for gold, silver raisedIndia's customs board has increased import tariff values for gold and silver. This move aims to manage import costs due to global commodity...
- Peak XV fully exits Mobikwik in Rs 130 crore block dealVenture capital firm Peak XV Partners has fully exited fintech firm One MobiKwik Systems. The firm sold its stake for over Rs 130 crore. Th...
- Foreign universities drive hiring boom in IndiaIndia's educational landscape is on the cusp of transformation as NEP 2020 invites a host of foreign universities to set up campuses here. ...
- Gold loan fintech companies build own loan books as RBI tightens normsGold loan fintech startups are pivoting from loan sourcing to building their own loan books due to tightened RBI regulations. Companies lik...
- Hyderabad laid-off techie turns 'ganja engineer' on terrace; 17 plants that could yield 10 kg seizedExcise officials in Hyderabad arrested a former software engineer for cultivating cannabis plants on his terrace. Investigators linked the ...
- War preparedness: Why India must spend smarter, not just moreIndia's journey towards a modernized defense sector is fraught with obstacles. While military budgets are on the rise, the country's over-d...
- Paytm’s cap table turns Indian: What changes now?Domestic investors now own 50.3% of the digital payment firm's equity, marking a transition to majority Indian ownership and control. This ...
- Govt relaxes export norms for dual-use telecom equipment, information security softwareThe government has issued a new policy for the export of certain telecom and information security-related items. Under this policy, one-tim...
- DGFT notifies policy for general authorisation for export of certain goods under SCOMET categoryCommerce ministry's SCOMET policy allows bulk licences for telecommunication and info security items. DGFT outlines the detailed applicatio...
- Minimum Rs 500 crore net worth must for licence to sell petrol, diesel to retail, bulk usersLast year, the government had relaxed norms for retailing of auto fuels, allowing non-oil companies to venture into the business - a move t...
- ArcelorMittal challenges Gujarat Government, Essar Group over Hazira port licenceEssar Steel owns a 10 million tonnes per annum steel plant at Hazira in Gujarat, which is serviced by a captive jetty constructed at port.
- Easier norms likely to pump-prime fuel retailing segmentAramco, France’s Total & Trafigura could be the immediate beneficiaries of a change in the licence rule.
- Panel for eliminating investment rule for fuel marketing licenceThe panel wants companies to seek separate licences for retail and bulk business. Bulk is defined as minimum 12,000 litres per delivery to ...
- Idea under scanner for 3,640 connections to one personIn a major breach of licence terms and conditions, Idea Cellular has issued 3,640 connections to one person and his company, endangering na...
- Private security agencies will be allowed to possess armsPrivate security agencies will soon be allowed to possess arms for use by the security personnel employed by them, the Union home ministry ...
- Centre examining issue of bulk arms licence for pvt agenciesIn a letter sent to the states late last month, MHA has sought their views and suggestions on the how the outdated Arms Act, 1959, can be r...
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