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Reuters

US bans Divi's Laboratories factory; shares hit three-year low

Healthcare

22 March, 2017

US bans Divi's Laboratories factory; shares hit three-year low

U.S. health regulators have banned a drug production site in India belonging to Divi's Laboratories Ltd due to manufacturing violations, ......

Govt may exceed revised tax target this fiscal, says finance minister Jaitley

Finance

22 March, 2017

Govt may exceed revised tax target this fiscal, says finance minister Jaitley

India's finance minister Arun Jaitley on Wednesday said he expected the country to exceed the upwardly revised tax collection target ......

Government curbs cash transactions after demonetisation

Finance

22 March, 2017

Government curbs cash transactions after demonetisation

The Lok Sabha on Wednesday approved a ban on cash transactions above 200,000 rupees ($3,055), enacting tax measures from last ......

Idea leaves I-bankers out in $23 bn deal with Vodafone

TMT

22 March, 2017

Idea leaves I-bankers out in $23 bn deal with Vodafone

Investment banking business in India should be enjoying bumper fees after a record year of dealmaking. It's not, and big ......

India stocks fall; Idea Cellular plunges after Vodafone deal

TMT

20 March, 2017

India stocks fall; Idea Cellular plunges after Vodafone deal

Indian shares snapped a two-session winning streak to end lower on Monday as software service exporters took a hit on ......

How India and other nations are floating sovereign wealth funds–without the wealth

Finance

20 March, 2017

How India and other nations are floating sovereign wealth funds–without the wealth

Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new ......

India cabinet clears draft GST bills

Economy

20 March, 2017

India cabinet clears draft GST bills

India's cabinet has approved four bills to implement a planned Goods and Services Tax (GST) bills, a government official said ......

Bullish investors drive Nifty to record high

Finance

17 March, 2017

Bullish investors drive Nifty to record high

India's broader NSE stock index hit a record high on Friday, as bets on improving earnings and additional economic reforms ......

Indian drugmakers face squeeze in US on fears of tougher rules

Healthcare

17 March, 2017

Indian drugmakers face squeeze in US on fears of tougher rules

India's small and medium-sized generic drugmakers say the threat of tougher rules and higher barriers for outsiders in the U.S. ......

Govt to examine if foreign airlines can fully own India carriers via investment partners

Infrastructure

17 March, 2017

Govt to examine if foreign airlines can fully own India carriers via investment partners

India's civil aviation secretary said on Friday it was not possible for a foreign airline to fully own an Indian ......