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Kotak General Insurance gets IRDAI licence to commence business

It can now underwrite all classes of general insurance business Including health insurance

Zydus launches affordable diabetic drug Tenglyn

Drug-maker wants to make this important therapy affordable and accessible to diabetic patients

Facebook most preferred social network for Hyd GenZ: TCS Youth survey

84% respondents across city have registered with it; however Google+ more popular among girls

How 7th Pay Commission travelled 'seven seas' for its recommendations

The Justice Mathur-led panel spent 94 days traversing the length and breadth of the country, apart from Australia and New Zealand, to meet stakeholders and expert groups

Former Google India head Lalitesh Kattragada invests in startup Betterplace

Betterplace has database of 100,000 largely blue collar workers, verified for companies such as Doormint, HouseJoy, Commonfloor, Swiggy and Parcelled.in

7th Pay Commission announces bonanza for central govt staff

The Commission has proposed a 23.55% hike in salary, allowances and pension for serving staff and pensioners

Staff protest hits RBI activity in morning, normalcy later

Employees' stir against Centre's intervention in RBI's autonomy and pension-related issues

Hindalco, Birla Carbon to raise $2.4-bn via bonds

Both companies looking to restructure loans

More e-commerce firms under ED lens

Delhi HC wants report in 4 weeks, on plea by footwear makers to ban such entities for breach of FDI rules

Two US law firms threaten class action law suit against Dr Reddy's

Company dismisses allegations about alleged misrepresentation of facts

India Inc's cheer to report muted

Harsh Mariwala, chairman, Marico Industries' said that it might not lead to any immediate uptake in demand in the fast-moving consumer goods (FMCG) sector

Tax sops for NPS on cards

The pay panel said it felt that tax neutrality should be ensured across various avenues for long-term savings for post-retirement incomes so that the employees covered by the NPS are not at a disadvan

Dissent on pay, position parity in bureaucracy

The chairman of the committee, A K Mathur, sought abolishment of the two-year edge accorded to the IAS officers for empanelment, compared to other services, saying it was an 'archaic concept'

Abolishing PlanCom 'harmful' to India: Manmohan Singh

Empowered panel on GST to meet on today

Proposed revenue-neutral rate, selection of new chief likely on agenda

Pay panel recommendations to make an annual dent of Rs 28,450 cr on Indian Railways' expenditure

This is roughly 70% of the national transporter's budgeted wage bill of Rs 40,435 crore for the current financial year

RBI nod mandatory for buying 5% in private banks via convertible bonds

Domestic air traffic up 18% in October

Airlines fly 7 mn passengers, IndiGo leads with 36.8% maket share followed by Jet Airways-JetLite combine (21.2%)

Govt plans dedicated portal to support innovative ideas

Under the scheme innovators can register themselves on the portal, and could then avail themselves of help, including funding

Rahul dares PM to jail him

Urges Modi not to use his cronies to 'throw mud' at him and his family