India
Vai alla Scheda Paese »Live as if you were to die tomorrow. Learn as if you were to live forever.
— Mahatma Gandhi
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Pay dues honourably or face coercive action: FM to Mallya
New Delhi, Mar 28 () In a stern warning to wilful defaulters like Vijay Mallya, Finance Minister Arun Jaitley said they should settle their dues honourably with the banks or else be ready to face "coercive action" by lenders and investigative agencies.
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Tatas to hike stake in JV airline AirAsia India to 49%
The Tata Group will increase its stake in the JV airline AirAsia India (AAIPL) by eight percent. With the deal announced by Tata Group on Monday, Arun Bhatia of Telestra Tradeplace Pvt. Ltd has exited the airline.
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Biocon’s Insulin Glargine gets approval in Japan
Biopharmaceutical company Biocon said it got approval from Japan’s health ministry to sell its bio-similar Insulin Glargine in the country. The move will help Biocon capture a significant share of the Japanese market which is the second largest market outside of North America & Europe.
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Indian firms to showcase investment opportunities in China
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Excise duty on jewellery: Jewellers not to withdraw strike
New Delhi, Mar 27 () Traders body CAIT and All India Bullion Jewellers and Swarnkar Federation (AIBJSF) today said they will not withdraw their strike till the time government rolls back the proposal to impose 1 per cent excise duty on non-silver jewellery.
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Kia Motors, Hyundai’s sibling, set to enter India
Kia Motors, a subsidiary of Korean auto giant Hyundai, is all set for an India entry. The company, which sells cars across Europe, China, US and in home market Korea, feels that a play in India is critical as the country gains volumes and races towards becoming the third-biggest car ...
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SBI to set up special desk to attract Chinese investors
The special China desk, to operate from Monday, will be largely based on the lines of the Japan desk set up in New Delhi, SBI officials attending the 'India-China Business Forum' being held in the Chinese city of Wuxi said. The special desk will provide advisory services, they said.
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Time to win on Kurukshetra of execution
Large-scale policy changes seldom go unnoticed in a democracy. But the transformation underway in India’s defence policy landscape has slipped quietly under the radar.
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Kirloskar sells stake in Sakra Hosp
The Kirloskar Group has sold its majority stake in Bengaluru-based Sakra Hospital to the two Japanese companies who were part of the joint venture, making it perhaps the first hospital in the country to be owned fully by foreign entities since India permitted 100% FDI in the sector in 2000.
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Essar Steel offers fresh equity for debt recast
Under pressure from banks, Essar Steel has offered equity contribution of around Rs 4,500 crore from the promoters in return for upfront concessions and a promise to “recompense” lenders on mutually agreed terms and date to restructure its debt.
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Govt banks on unlisted PSUs to mop up Rs 5k cr this week
The government is targeting to raise around Rs 5,000 crore over the next four days with unlisted public sector companies such as Hindustan Aeronautics Ltd (HAL) and Ireda agreeing to buy back the Centre’s shares by dipping into the surplus cash at their disposal. The last-week rush is meant to ...
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Largest DefExpo to boost Make in India
Set to be inaugurated on Monday at Quitol, Goa the event also provides a platform to boost joint ventures in the defence industry, ministry of defence officials said.
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Jewellers protesting excise duty levy not to withdraw strike
New Delhi, March 27 (IANS) The Confederation of All India Traders (CAIT) and All India Bullion Jewellers and Swarnkar Federation (AIBJSF) said on Sunday that they will not withdraw their strike, which entered its 26th day, till the time the government withdraws the proposed one percent excise duty on non-silver ...
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Yoga guru rewrites India’s marketing rules
Baba Ramdev’s rapidly expanding goods portfolio poses challenge to multinationals
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Govt to walk extra mile to see jewellers are not harassed: FM
New Delhi, Mar 27 () As the jewellers' strike against levy of excise duty entered fourth week, Finance Minister Arun Jaitley today offered to walk the extra mile to ensure that small traders were not harassed but made it plain that luxury items cannot go untaxed.
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Demand for VC insurance rises as startups go through tumult
With the startups ecosystem booming in India, venture capitalists are pouring funds in the hopes of high returns. With the startup culture still in the process of evolution, the buck stops with the VC when the startup fails.
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Govt not to coerce Vodafone, Cairn on retro tax case: FM
New Delhi, Mar 27 () The government will not "coerce" companies like Vodafone Group and Cairn Energy to avail of its one-time offer to settle their retrospective tax cases and it was for them to take a call on it, Finance Minister Arun Jaitley said today.
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MSMEs can reap Rs 2 trn business from Budget boost: Report
Mumbai, Mar 27 () MSMEs are set to receive incremental business worth around Rs 2 trillion out of the Rs 3 trillion allocated to the sector in the Budget, a report says.
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Detailed norms on FDI in food processing soon: Nirmala
New Delhi, Mar 27 () Government will soon come out with detailed norms to operationalise the decision to permit 100 per cent foreign direct investment (FDI) in the food processing sector.
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Cost of cochlear implant operation may go down to Rs 1 lakh
The government is planning to put the high-cost Cochlear implant surgery within the reach of most citizens, with talk of experimental trials of an indigenous version estimated to cost as less as Rs one lakh.
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Cost of cochlear implant op may go down to Rs 1 lakh
The government is planning to put the high-cost Cochlear implant surgery within the reach of most citizens, with talk of experimental trials of an indigenous version estimated to cost as less as Rs one lakh.