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Urjit Patel's resignation: What RBI, Modi govt locked horns over

During Urjit Patel's tenure as governor, RBI had run-ins with the government on numerous issues

Aavishkaar-Intellecap Group raises Rs 2.25 billion investment from Nuveen

Nuveen offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors

Ahead of Telangana result, Congress front tells Governor it is one entity

The counting of votes in Telangana and in the other four states that went to polls will take place on Tuesday

Bharti AXA Insurance posts Rs 3-mn profit in H1 after 10 years of operation

There was overall growth across all product segments such as health insurance, personal accident and travel, and commercial products and crop insurance

Insolvency code has improved recovery significantly: Top bank CEOs

Top bank CEOs in a panel discussion at the Business Standard Annual Banking Forum 2018

Growth and margin compression ahead for NBFCs and HFCs, say experts

Top experts discuss the way ahead for NBFCs in BS Round Table

Banks, fintechs must collaborate to improve financial inclusion: Experts

Experts agreed that banks cannot avoid disruption but can leverage reach, technology and economies of scale of new-age players

Chola MS, IndusInd Bank renew bancassurance partnership for 5 years

Chola MS offers a wide range of insurance products across motor and non-motor lines of business through IndusInd Bank's outlets across India

Sajjala Bio to launch generic Liraglutide for diabetes, obesity by Dec 2019

Liraglutide has become a bio-generic in the markets where Novo Nordisk's patent has expired

Jet Airways to pay second 25% instalment of September salary today

A 25 per cent instalment was paid last month

Two-wheeler major TVS Motor's sales jump 26% in Oct to 398,427 units

Motorcycle sales have seen a growth of 20% to 150,429 units, from 125,409 units in Oct 2017

Driven by stake sale, HDFC Q2 net profit jumps 25% to Rs 24.67 billion

Profit on sale of investments grew substantially to Rs 10 billion in Q2 FY2019, whereas during Q2 FY2018 it stood at Rs 630 million

After Qatar, VA Tech Wabag bags Rs 10 bn order from Saudi Arabia

Deep Raj Saxena, CEO Middle East & Africa Cluster, VA Tech Wabag, said the order was a major breakthrough for the company in Saudi Arabia

Strides Pharma Q2 net loss at Rs 87 million on poor operating income

Consolidated revenue also saw a marginal degrowth of 4.6 per cent at Rs 7.3 billion

Lupin's Q2 net profit falls 41% to Rs 2.66 bn as sales slip in US

Net profit stood at Rs 2.68 billion compared to Rs 4.53 billion in the year-ago period

NIIF to acquire controlling interest in IDFC Infrastructure Finance

The acquisition will enable NIIF to provide private debt funding to infrastructure projects

India needs 100 million new jobs by 2026 for country's growth: PwC

80% of the new employment requirements over the next decade would arise in the 10 states

Falling rupee to boost pharma top lines, margins in Q2: India Ratings

However, drug firms focussed on domestic market would post muted growth in Q2FY19 on a year-on-year basis

Hyderabad-based startup AnyTimeLoan.in receives NBFC license from RBI

AnyTimeLoan.in has a minimum net owned fund of Rs 20 million

Dr Reddy's sells Hyderabad API unit to Neopharma JV in lump sum deal

Therapiva Private Limited is a joint venture between Omnicare Drugs India Private Limited, a subsidiary of Neopharma LLC, Abu Dhabi and Laxai Life Sciences Private Limited