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RBI issues draft norms for novation of OTC derivative contractsThe Reserve Bank on Wednesday issued draft guidelines for novation of OTC derivative contracts with a view to rationalising the related reg...09 Jul, 2025, 07.59 PM IST- Alkem Labs acquires two companies specialising in skin care, medtech to bolster domestic businessAlkem Laboratories has announced two strategic acquisitions totaling Rs 287 crores to strengthen its domestic market presence. The company ...07 Feb, 2025, 09.24 PM IST
- RBI fixes Rs 300 cr net worth criteria for entities applying for central counterpartyThe Reserve Bank of India set a minimum networth of Rs 300 crore for entities seeking authorisation as Central Counterparties (CCP). The RB...28 Oct, 2024, 08.31 PM IST
- Alkem Labs diversifies into medical devices bizAlkem Laboratories has become the first Indian drugmaker to diversify into medical devices after partnering with US-based Exactech to manuf...23 Aug, 2024, 12.26 AM IST
- Alkem arm ties up with Exactech for knee, hip replacement implantsAlkem Laboratories has announced a partnership through its subsidiary, Alkem MedTech, with US-based Exactech Inc to manufacture and market ...22 Aug, 2024, 05.32 PM IST
- Air India leases 620,000 square feet in Gurgaon for training centreThe airline will pay an annual rental of about Rs 60 crore, and it has leased the property for a period of 21 years, said people close to t...10 Dec, 2023, 06.04 PM IST
- SPJIMR receives Rs 10 Crore commitment from alumnus Sunil Bhatia to fuel innovation and startup initiativesSunil Bhatia, an alumnus of the 1989 batch, has pledged Rs 10 crore ($1.4m) to the S.P. Jain Institute of Management and Research's Sunil B...12 Jul, 2023, 03.56 PM IST
- Civil Aviation Ministry launches UDAN 5.0 to further enhance connectivity to remote areasThe Indian government has begun inviting bids from airlines for its fifth round of the Regional Connectivity Scheme (UDAN), which aims to p...22 Apr, 2023, 01.09 PM IST
- Lithuania's Nord Security raises $100 million at $1.6 billion valuationFounded in 2012 by Tom Okman and Eimantas Sabaliauskas, Nord Security plans to use the new funds to hire more staff, invest in research and...07 Apr, 2022, 01.00 PM IST
- SoftBank-backed Better to go public in $7.7 billion SPAC dealAs part of the deal with Aurora Acquisition Corp, SoftBank will invest $1.5 billion, giving Better a pre-money valuation of $6.9 billion. N...11 May, 2021, 05.05 PM IST
- Bombay High Court directs two Essar firms to deposit over Rs 82 crore over ArcelorMittal suitArcelorMittal (formerly Essar Steel) had approached the court for urgent protective interim orders before the commencement of arbitration p...22 Dec, 2020, 11.16 AM IST
- RBI proposes comprehensive framework for sale of loansThe stakeholders can send their comments on the draft framework to the RBI by June 30.08 Jun, 2020, 08.18 PM IST
- Tata Sponge to carry out acquisition of Usha Martin's steel businessThis pertains to Tata Steel's announcement on September 22, 2018 that it had executed definitive agreements for acquisition of the steel bu...24 Oct, 2018, 10.43 PM IST
- RBI lays down norms for CCPsThe framework aims at ensuring that these entities function in an efficient and effective manner.15 Oct, 2018, 10.56 PM IST
- Air India gives away Rs 20 crore per year profit to AIATSLThe ailing carrier Air India has handed over its profitable 'aircraft ground handling' business in Thiruvananthapuram (TVM) airport and a p...08 Sep, 2012, 09.41 AM IST
- ET in the Classroom: Reserve Bank ‘oversight’ functioningThe Bank for International Settlements defines oversight as “central bank function , whereby the objectives of safety and efficiency are pr...11 Jan, 2011, 05.34 AM IST
- No misselling, shadow deals in derivativesBanks will be held responsible for misselling derivatives if they enter into deal where a contract is not consistent with the user’s busine...12 Dec, 2006, 01.32 AM IST
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