Government policies
Government decides to sell 10% IOC stake to ONGC, OIL
17 Jan 2014
A ministerial panel yesterday opted to go in for a block deal on the exchanges to divest the stake, modalities for which are being worked out
Coalgate: Maharashtra, AP join opposition states to blame centre
09 Jan 2014
The Supreme Court said any investment made in anticipation of clearances cannot be justified and such blocks cannot be protected if the companies fail to get clearances within a time frame fixed under the law
New price norms for RIL’s D6 gas not beyond review: SC
06 Jan 2014
The Supreme Court today observed that the matter of the government allowing RIL to hike prices of gas from its D6 block in the offshore Krishna-Godavari Basin is not final and is subject to review
No non-compete clause in pharma sector takeovers: govt
02 Dec 2013
Promoters of a company would be free to invest in a similar pharma unit after they sell-off an existing unit
Cabinet refuses to peg pharma sector FDI at 49%
29 Nov 2013
Despite an alarming rate of rejection of Indian pharmaceutical manufacturing and R&D facilities by foreign acquirers, the union cabinet has refused to revisit the pharma sector FDI policy
Reliance to gain as Moily swears by gas price hike
27 Nov 2013
The revised pricing formula allows RIL and other producers to sell domestically-produced natural gas at $8.66 per million British thermal units from April 2014, against $4.22 per mmBtu at present
Full diesel price deregulation in 6 months: Moily
20 Nov 2013
Moily did not explain how PSU oil retailers will cover the Rs9.58-per litre shortfall in diesel price recovery in another six months with monthly hikes of 45-50 paise
Commerce ministry bats for limiting pharma FDI at 49%
15 Nov 2013
A cabinet note prepared by the Department of Industrial Policy and Promotion has sought stricter R&D and investment norms for FDI in pharma sector
Centre announces creation of Telangana state
04 Oct 2013
The new Telengana state will share the city of Hyderabad as common capital with the truncated Andhra Pradesh for a period of ten years
Durga effect: Green Tribunal bans sand mining across country
05 Aug 2013
Any removal of sand from riverbeds or riverbanks would now need clearance from environment authorities at the central or state level
India revokes patent of GSK’s breast cancer drug Tykerb
02 Aug 2013
The Intellectual Property Appellate Board, however, upheld the patent granted to the drug’s active pharmaceutical ingredient `lapatinib`