Industry
Assam to be an oil & gas hub as Modi pushes energy security
11 Feb 2019
The North East Gas Grid will ensure uninterrupted availability of natural gas across the region and boost industrial growth in the region, Modi said while laying the foundation stone for the project
US may end GST preferences for India: report
08 Feb 2019
While the immediate cause for the US move could be India’s new rules on e-commerce that restrict the way Amazon.com Inc and Walmart-backed Flipkart do business in India, Modi has also annoyed global card payment companies such as Mastercard and Visa by forcing them to move their data to India
Qatar, EU set to sign open skies agreement
06 Feb 2019
South Korea to merge HHI and Daewoo in $2 bn share deal
05 Feb 2019
Hyundai will acquire a 55.7 per cent stake currently owned by state-funded Korea Development Bank (KDB) to create a global leader controlling over 20 per cent of the global shipbuilding market
All Nippon to expand with 48 new aircraft and a 9.5% stake in PAL
04 Feb 2019
ANA last week announced plans to place orders for 48 narrow-body aircraft, including 30 Boeing 737 MAX 8s and 18 Airbus A320neo besides acquiring a 9.5 per cent stake in PAL Holdings, the parent of Philippine Airlines Inc to expand in Asia
Canada’s Sunrise Records joins bid for HMV
04 Feb 2019
Sunrise Records, which had previously taken over around 70 HMV store sites in Canada in early 2017, will now vie with billionaire Mike Ashley, who controls British sportswear retailer Sports Direct International Plc, in the HMV rescue effort
NITI Aayog delegated NPPA role of drug price regulation
24 Jan 2019
A NITI Aayog-led body will now recommend prices to the NPPA on drugs and other health products, which relegates NPPA to a mere implementing body
EU regulators likely to derail Siemens-Alstom merger plan: report
21 Jan 2019
`We can’t build those champions by undermining competition,” EC’s Margrethe Vestager said in Berlin, adding, “We can’t build them with mergers that harm competition, or by looking the other way when Europe’s businesses break our rules”
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