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IRDAI sets up committee to decide order of preference in reinsurance

The committee will look into laying down the procedure and modus operandi for order of preference for cessions in respect of all life

Govt of Kerala scraps orders related to Aranmula airport project

National Green Tribunal has earlier decided against the environmental clearance issued to the project

Nusli Wadia sends another defamation notice to Tata Sons

Wadia had come out in full support of Mistry in the company's board meeting held on November 10

Gujarat govt yet to take a call on Saurabh Patel's conflict of interest

A newspaper report said he had financial interests in eight onshore oil blocks in Gujarat through a web of companies

Health issues related to GM Mustard adequately addressed: Govt

Environment minister says the bio-safety dossier, which had been made public, has received over 700 comments

Wadia serves another defamation notice to Tata Sons

Asks Tata Sons to withdraw remarks made against him

Allow co-operative banks to deal with demonetised currency: Bank staff to govt

District central co-operative banks are dealing with over Rs 6 lakh crore towards working capital in the country

Suven bags 2 patents in China and Mexico

The patents are for new chemical entities used in the treatment of Alzheimer's and Schizophrenia

Vodafone to soon launch 4G network in Tamil Nadu

Initially, the 4G services will be launched in select towns of Tamil Nadu

Zydus Cadila CMD Pankaj Patel becomes new FICCI president

Will take over from Harshavardhan Neotia, Chairman of Ambuja Neotia Group

Demonetisation impact: Ambit cuts FY17 GDP growth estimate to 3.5% from 6.8%

Brokerage says cash crunch due to demonetisation will 'paralyse economic activity'

Sovereign gold bonds worth 14 tonnes in six tranches

5.7 tonnes collected under gold monetisation scheme

Jayalalithaa recovered from her ailment, says Apollo Hospitals chairman

The 68-year-old Jayalalithaa was admitted to the hospital for fever and dehydration on Sept 22

MCX to levy concentration margin from December

This will be based on contracts in which the open interest value exceeds the threshold value of Rs 250 crores

IDFC Bank facilitates cashless transactions at local mandi

Visitors were given tokens of various values against electronic payments made, which they could use to buy vegetables

Planys Technologies launches second underwater robot

This is partly to provide portable, cost-effective, customizable inspection solutions for oil and gas, shipping and port sectors

SC refuses to stop various courts from hearing pleas on demonetisation

The bench presided by Chief Justice T S Thakur asked attorney general Mukul Rohatgi if there's a shortage of Rs 100 notes

Early start to sugar season

Production, at 787,000 tonnes is a marginal 15,000 tonnes higher as compared to last year on the same date

Sebi tightens insider trading norms at AMCs

The regulator says fund houses must have a 'cooling off' period of 15 days during which employees can't sell or purchase securities in which the fund house has dealt