Brokers Forum awaits BSE direction on Aadhaar implementation

The BSE Brokers Forum today said it will await direction from the stock exchange on mandatory implementation of Aadhaar for capital market transactions.
The reaction comes following the Supreme Court's landmark ruling today that privacy is a fundamental right under the Constitution.
The ruling was given on a batch of petitions challenging the Centre's move to make Aadhaar mandatory for availing the benefits of various social welfare schemes. The petitions also argued that Aadhaar, when used by commercial organisations, is a breach of privacy.
"In 2004, when PAN card was made mandatory for every transaction, we, as brokers, had to comply with it and the same applied when Aadhaar was linked to avoid violation of regulatory norms. Following today's judgement on right to privacy, we await direction from the exchange and till then, we will have to comply with it," BSE Brokers Forum spokesperson Kamlesh Shroff said in a statement. ------------------------------------------------------- DPLI signs Dhanlaxmi Bank as its bancassurance partner

DHFL Pramerica Life Insurance Company (DPLI) today announced its Bancassurance tie-up with Dhanlaxmi Bank for distribution of its extensive portfolio of products.
According to an agreement between the two sides, Dhanlaxmi Bank will become the Corporate Agent of DPLI and make life insurance products more accessible to its customers, the private life insurer said in a release here.

"With this tie-up, we are in a strong position to consolidate presence in the states of Kerala, Tamil Nadu, Andhra Pradesh and Karnataka.
"The southern region is an important market for DPLI and this strong distribution channel is a strategic move towards further strengthening our presence in the region and enhancing our distribution footprint across the country," DPLI Managing Director and CEO Anoop Pabby said. ------------------------------------------------------------ Eisai Pharma introduces new anti-epileptic drug in India

Eisai Pharmaceuticals India, a leading Japanese pharmaceutical company, today announced the launch of Fycompa (perampanel), a new anti-epileptic drug, in the country.
Approved in more than 55 countries worldwide, Fycompa is indicated as an adjunctive therapy for the treatment of partial-onset seizures (POS) with or without secondarily generalised seizures in patients with epilepsy aged 12 and older.
"Nearly 12 million patients in India suffer from epilepsy and 95 per cent of these patients do not receive adequate treatment.
"Abiding by our core philosophy of human health care we strive to change this by developing a drug that can significantly improve the quality of life of epileptic patients and give them hope to live a seizure free-life," said Eisai Pharmaceuticals managing director Sanjit Singh Lamba. -------------------------------------------------------------- Perfect Infra ties up SunTrac to bring hybrid climate systems

Perfect Infraengineers today entered into an agreement with SunTrac USA to manufacture hybrid climate systems and smart panels in the country.
Perfect has been appointed the exclusive manufacturer of SunTrac systems in India, and will be marketing and distributing SunTrac products under the "Perfect-SunTrac" name.
With this collaboration, Perfect will be the only manufacturing unit of SunTrac outside of the USA, said Perfect Infraengineers chairman and managing director Nimesh Mehta.
Perfect will be positioned to fulfil SunTrac's global order flow, including the Middle East/North Africa regions, Australia and Asia, he said.
------------------------------------------------ Esha Media seeks strategic alliance to restructure operations

BSE-listed India's premier media monitoring company Esha Media Research said it is in talks with both global and domestic players for strategic alliance in a bid to expand its product basket in the space of media measurements including the print, social media, digital advertising and over-the-top (OTT) platform to capture a pie in the global market space.
The move to seek strategic alliance also includes fund raising initiative, if required, by offering issue of fresh equity that will also aid in restructuring the current operations, Esha Media managing director R S Iyer said.
"Tax reforms ushered in India through GST have given organised players like us a boost over the unorganised players and we hope to build upon this momentum by going beyond the Indian market in providing media monitoring service beyond the conventional TV space to print and social media.

"The changing digital landscape for consuming content over OTT platforms too is set to be the revenue growth driver in years to come," Iyer said.