Government policies
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`
Govt redefines `control’ under FDI policy
01 Aug 2013
India eases FDI norms for multi-brand retail business
01 Aug 2013
The government has liberalised norms regarding infrastructure investment, sourcing from local small units and location of retail business
Govt clears RIL's $1.5-bn KG-D6 capex; Moily sees gas output rising by 2016-17
19 Jul 2013
RIL expects the $1.5 billion investment to push up gas production at the KG-D6 field from the current 19.178 million standard cubic metres per day to 19.781 mscmd by 2016-17
2G case: Court allows CBI to examine Anil and Tina Ambani
19 Jul 2013
Anil Ambani, who is facing trial in the case along with Swan promoters Shahid Usman Balwa and Vinod Goenka, is planning to move the Delhi High Court against the order
Ponzi schemes: SEBI gets powers to authorize search and seizures
19 Jul 2013
SEBI would also have powers to seek information, such as telephone call data records, from any persons or entities in respect of any securities transaction being investigated by it
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