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Indian Start-ups: Perks and sops aim to halt exodus

Aim of a new policy is to improve capital access, encourage innovation and urge states to act as incubators for ‘innovative start-ups’.


Traffic safety: Hyundai, govt launch campaign

The Safe Move traffic safety campaign will educate children on traffic safety and will engage through both online and offline channels.

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Railway plants in Bihar to boost manufacturing, jobs: Arun Jaitley

This is a win-win situation for Railways, Bihar, the country & Make in India: FM

Domestic investors are now allocating more money to equity than in the past.

Sebi clears listing of bourses, green bonds; exit for dissenting investors

The Sebi board, stipulated that 51 per cent stake in a stock exchange should be held by shareholders in the public category and the stake of brokers and their agents should not exceed 49 per cent.

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SWFs, pension funds can lend to Indian cos; small ECBs’ limit hiked to $50 mn

The RBI said a more liberal approach will be taken “for Indian rupee (INR) denominated ECBs where the currency risk is borne by the lender.

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Trai moots 700 MHz auction, operators say will be hit hard

Operators say they will urge Trai not to auction the 700 MHz band now.

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Warning letter: USFDA flags ‘serious violations’ at Dr Reddy’s

The US Food and Drug Administration was not satisfied despite Dr Reddy’s sending responses nine times from December 15, 2014, to September 15, 2015.

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Corporate Frauds: 80% from India Inc affected; $500 mn PE investments in legal disputes

India reported highest cases of corruption (25%), regulatory breach (20%) and IP theft (15%). India also ties for the highest national level of money laundering (8%).

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Moody’s questions Centre’s ability to bring in key reforms

Failure to enact legislation on unified GST and Land Acquisition Bill could hamper flow of investments.


Decision to compensate developers likely to unlock Rs 35,000 crore of investments

In all, 34 projects stretching across 3,500 km are expected to benefit immediately from the measure, said ministry sources.

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Govt to hire external consultant to plan SAIL’s turnaround

Its total income declined to Rs 9,387.55 crore during the said quarter against Rs 11,840.64 crore in the same period last fiscal.


Bupa to acquire extra 23% stake in Max Bupa

Max India’s shares closed at Rs 555.65 per share, down Rs 22.90 or 3.96 per cent.

Exempt power plants for now, says CoalMin

It reasons that the benefit of low price of coal is not passed on to the consumers but pocketed by the manufacturers as profits.

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Maruti rebuts proxy advisory firm’s call to vote against Gujarat plant

The 11-page IiAS report had recommended the shareholders of the firm to “see through the razzle dazzle” of the carmaker’s resolution and to vote “against” it.

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NPAs are pressures of the past, will improve in reasonable time: Arun Jaitley

Stressed assets of PSBs rose to 5.6% in Sept 2015 against 5% in March 2015.