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REGULATORY APPROVALS
Elon Musk's Starlink responds to Reliance, says ‘ready to connect India’ with high-speed internetStarlink has said it is ready to provide high-speed internet services in India, asserting that it has spent over five years working with re...- Reliance Industries welcomes Starlink competition while urging compliance with Indian lawsReliance Industries expressed its openness to competition within India's satellite communications market. The company welcomed Starlink’s e...
- NITI Aayog explores policies to boost India's medical and dental device manufacturing industryNITI Aayog is exploring policy measures to improve the manufacturing capabilities of medical and dental devices in India. The meeting inclu...
- RBI approves merger of Emirates NBD's India branches with RBL BankThe Reserve Bank of India has approved the merger of Emirates NBD Bank's Indian branches with RBL Bank. This amalgamation will officially t...
- IGX gets PNGRB nod for LNG terminal capacity booking platformIndian Gas Exchange has received regulatory approval to develop a capacity booking platform for LNG terminals. This platform aims to facili...
- Will flyers get relief? Centre finalises aviation rules as SC examines steep airfaresCentre has received administrative approval for rules under the Bharatiya Vayuyan Adhiniyam, 2024, and expects to publish them within two w...
- Fairfax gets 15 years to reduce stake in IDBI Bank to 26%Fairfax Financial Holdings will acquire a 60.72% stake in IDBI Bank and reduce its ownership over 15 years. The Reserve Bank of India has a...
- Ather Energy gets Irdai licence, will distribute and service insurance policiesThe Insurance Regulatory and Development Authority of India granted the subsidiary a certificate of registration on October 15 to act as a ...
- CKK Retail Mart proposes a 5:1 bonus issue; increase in authorised capitalCKK Retail Mart has announced plans to issue bonus shares in a ratio of 5:1 for existing shareholders. The company intends to increase its ...
- Fairfax plans to bring Digit, IIFL Capital under IDBI BankFairfax Financial Holdings plans to bring its interests in Go Digit and IIFL Capital Services under IDBI Bank, creating a financial-service...
- Fairfax plans to fold IIFL Capital, Digit into IDBI Bank after Rs 52,878 crore India dealFairfax Financial Holdings plans to bring its Indian financial investments under IDBI Bank after India's approval of a Rs 52,878 crore ($5....
- Fairfax offers plan to resolve IDBI-CSB ownership overlappingA merger of the two lenders is emerging as the most likely option, potentially allowing the Canadian investor to consolidate its banking in...
- Biocon clears path for cancer drug launchBiocon has finalized a global settlement and license agreement with Genentech for its drug Pebrilzo. This agreement addresses all ongoing l...
- IDBI Bank strategic restructuring to attract FDI, boost banking sector, says FM SitharamanThe Cabinet Committee on Economic Affairs approved the strategic restructuring of IDBI Bank to attract foreign investments. The government ...
- Albertsons demands $8 billion from Kroger after $24.6 billion mega-merger collapses - Here's why the grocery giants are fightingAlbertsons has taken a bold step by suing Kroger for nearly $8 billion following a failed merger attempt. The lawsuit accuses Kroger of fai...
- Zydus moves closer to US market for Keytruda biosimilar as FDA accepts applicationZydus Lifesciences has received acceptance for its application regarding the biosimilar of Keytruda, which is a major cancer drug. The USFD...
- Biocon founder Kiran Mazumdar Shaw says India must shift pharma industry from generics to innovation-led growthKiran Mazumdar-Shaw emphasized the importance of building an innovation-driven pharmaceutical industry in India. She highlighted the need f...
- Info Edge board approves Rs 200 cr investment in two wholly-owned subsidiariesInfo Edge has announced an investment of approximately Rs 200 crore in its subsidiaries Startup Internet Services and Startup Investments. ...
- Elon Musk says India blocking Starlink, Rahul Gandhi responds: UPSC coach fact checks and explains why India shall not bend to bullying, says US also blocked Chinese BYDElon Musk has accused influential business interests of blocking Starlink's entry into India, prompting a response from Rahul Gandhi. UPSC ...
- Tesla is browbeating the EU to approve its 'Full Self-Driving' tech. The pressure is workingTesla is involved in a campaign to secure EU approval for its Full Self-Driving technology. The automaker faces criticism regarding the val...
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