Industry
49% FDI ceiling in defence not attractive: Airbus
15 Mar 2016
European aircraft manufacturer Airbus Group today cautioned that the 49 per cent foreign direct investment limit in the defence sector cannot fetch India the industry or the right original equipment manufacturer that it is eying under its ‘Make in India’ initiative
49% FDI ceiling in defence not attractive: Airbus
15 Mar 2016
European aircraft manufacturer Airbus Group today cautioned that the 49 per cent foreign direct investment limit in the defence sector cannot fetch India the industry or the right original equipment manufacturer that it is eying under its ‘Make in India’ initiative
China's Anbang launches hostile $12.84-bn bid for Starwood Hotels
14 Mar 2016
A consortium led by China's Anbang Insurance Group has launched an unsolicited $12.84-billion bid to acquire Starwood Hotels and Resorts, potentially derailing the already planned takeover of the US hotel operator by Marriott International
Waldorf's Chinese owner Anbang to buy Strategic Hotels for $6.5 bn
14 Mar 2016
The Beijing-based insurer has recently made a push into buying overseas assets and made some high profile acquisitions
India bans Pfizer, Abbot cough syrups; shares tank
14 Mar 2016
The centre has banned Pfizer’s Corex and Abbot Laboratories’ Phensedyl after a panel of experts found the codeine-based drugs had ‘no therapeutic justification’ and were leading to addiction as well as smuggling
India bans Pfizer, Abbot cough syrups; shares tank
14 Mar 2016
The centre has banned Pfizer’s Corex and Abbot Laboratories’ Phensedyl after a panel of experts found the codeine-based drugs had ‘no therapeutic justification’ and were leading to addiction as well as smuggling
India bans Pfizer, Abbot cough syrups; shares tank
14 Mar 2016
The centre has banned Pfizer’s Corex and Abbot Laboratories’ Phensedyl after a panel of experts found the codeine-based drugs had ‘no therapeutic justification’ and were leading to addiction as well as smuggling
Oil prices may have finally bottomed out: IEA
14 Mar 2016
The uptick in oil prices from a January low of $28.5 a barrel to around $40 now does not necessarily mean the worst is over, but supply and demand will probably find a balance in 2017, says the International Energy Agency
Telcos under scanner as CAG finds Rs12,489 cr ‘scam’
12 Mar 2016
A report by the Comptroller and Auditor General of India says understatement of revenues by all the major mobile operators has caused massive losses to the exchequer, but the telecom firms say the issues are all under litigation in various forums
India to pare down foreign defence contract payments
12 Mar 2016
India plans to reduce contracts with foreign defence equipment vendors to 30 per cent of the total procurement over the next two years, defence minister Manohar Parrikar said on Friday