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Paytm, Pine Labs, Mobikwik shares crash up to 7% as UPI MPR fee rollout delayed beyond DiwaliShares of Paytm, Pine Labs dropped after NPCI delayed the rollout of merchant discount rate (MDR) fees on select UPI transactions beyond Di...
ICICI Prudential AMC Q2 Results: Profit rises 6% YoY to Rs 889 crore; co declares Rs 30/share dividendICICI Prudential AMC reported a 6.1% year-on-year rise in Q2 FY27 net profit to Rs 889 crore, while revenue from operations grew 16.3% to R...
NCB seizes 53.9 kg methamphetamine worth Rs 43 crore in GuwahatiThe Narcotics Control Bureau in Guwahati carried out an operation resulting in a significant drug seizure. Officers intercepted two trucks ...
ED arrests two in trans-national narcotics syndicate operated by Salim Ismail DolaThe Enforcement Directorate (ED) has arrested two people in a money laundering investigation linked to the transnational drug trafficking s...
National Formulary of India lists drugs not approved by CDSCO, DCGI seeks explanation from IPCThe National Formulary of India released its latest edition amidst concerns regarding unapproved drugs included in it. The Drug Controller ...
Health ministry proposes curbs on prescription drug ads by retailers, wholesalers and distributorsThe union health ministry has proposed extending advertising restrictions on prescription drugs to retailers and distributors. This change ...
TRAI invites comments on draft DRM audit manual for IPTV servicesTRAI has released a draft audit manual for DRM-based IPTV systems and is seeking stakeholder comments by October 30. The draft outlines pro...
Dwayne Johnson launched Teremana Tequila in 2020; 6 years later, the brand was reportedly valued at about $3.5 billionDwayne Johnson launched Teremana Tequila in 2020 with three partners. Six years later, the brand was reportedly valued at $3.5 billion. Joh...
Pharmacies, drug distributors may need approval to advertise prescription medicinesThe Union health ministry aims to restrict advertising of prescription drugs by retailers and distributors, requiring prior government appr...
IRDAI may roll out insurance commission caps from January, overhaul distribution rulesIndia's insurance regulator is planning significant reforms to the insurance distribution system, aiming for implementation soon. Proposed ...
IRDAI and the avoidable art of regulatory jaywalkingThe recent policy adjustments by IRDAI have led to a marked decline in investor confidence and value within the insurance industry. The tra...
Govt set to cap trade margins on more cancer drugs before SC hearingThe Indian government plans to announce a new list of cancer drugs for trade margin rationalisation today. Union Health Minister JP Nadda w...
Paytm, Mobikwik, Pine Labs shares crash up to 10%. What’s behind the sharp plunge?Paytm, Mobikwik and Pine Labs shares fall sharply as reports of a possible delay in UPI MDR implementation raise concerns over the fintech ...
Insurance brokers oppose IRDAI's proposed reforms on caps on commissionsIndian insurance brokers are opposing regulatory proposals that include caps on commissions paid to various distributors. The Insurance Reg...
PB Fintech extends losing streak to 7 sessions, stock hits 32-month lowPB Fintech, the parent company of Policybazaar, has seen a significant decline in its stock value. Following a consultation paper from Irda...
KKR-owned Healthium, Temasek-backed Romsons in race to buy 70-80% stake in BL LifesciencesKKR-owned Healthium Medtech and Romsons Group are reportedly competing to acquire a significant stake in BL Lifesciences. The company is ex...
Reducing commissions may help curb mis-selling of insurance products; IRDAI’s role remains crucialThe Insurance Regulatory and Development Authority of India has announced new proposals to limit commission rates for insurance distributor...
IRDAI’s insurance distribution paper: Economics in focus, consumer protection gaps remainRules and caps can change behaviour. Incentives determine whether organisations merely comply with the rules or actually change the behavio...
BMC entertainment tax proposal likely to marginally increase ticket prices by Rs 5-10Mumbai movie tickets could become Rs 5-10 more expensive if the BMC raises its per-show entertainment tax from Rs 60 to Rs 400. Exhibitors ...
Irdai commission caps put insurance distributors' renewal income in focusInsurance distributors are expected to write to the regulator on this issue as part of their submissions to IRDAI's consultation paper, sou...