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India to be in Top-3 pharma manufacturing countries by 2020: Study

Harish Padh, vice-chancellor, Sardar Patel University, says innovation must be allowed to flourish and the IPR rights must be properly recognised, respected and rewarded

Jayalalithaa seeks PM's intervention to recommence Kudankulam Unit I

The factory, opened on December 31, 2014, has been shut down for maintenance for the past 90 days

Singareni coal production rises 27% in 6-month period

The achieved production was 8% higher than the target fixed for the period

Govt to engage private cos for Rs 1,438-cr mechanisation at Paradip port

The work will be undertaken under the build, operate and transfer mode, said Shipping Minister Nitin Gadkari

Redington to acquire Turkey based Linkplus

Entered into agreement to acquire 70%; rest will be acquired in three years

DSP BlackRock bets on IFAXpress to drive growth

IFAXpress will enable advisors to grow, monitor and manage their business more efficiently by leveraging the power of the internet

Bajaj Allianz Life, Dhanlaxmi Bank partner for insurance sales

The bank will continue to be a corporate agent for nine years and sell life insurance products

e-learning services provider Schoolguru raises Rs 20 cr from HNI investors

The funds will be used to impove the company's mobile and web-based platform

IMF cuts India's growth forecast for FY16 to 7.3%

Growth expected to bounce back to 7.5% in FY17 on the back of reforms

Dadri-like cases hurt India's image: Jaitley

Arun Jaitley was speaking at a lecture at Columbia University, New York

ICICI Bank increases spread on new home loans by 10 bps

With this change, the interest rate on home loans has come down to 9.65% for new borrowers and 9.6% for women borrowers

Labs at ports to check beef export

Bajaj Finance gets nod for housing finance firm

The company had applied for a licence to NHB through its subsidiary Bajaj Housing Finance last year

SBI's $300-mn credit line with Germany's KFW

Funds will be used for on-lending to rural & micro sectors; loan has maturity of 15 years

Risk-based capital to assess solvency: Irdai

The committee, however, says adopting this will take time as it will have to be discussed with insurance sector stakeholders

IGATE CEO Ashok Vemuri quits

IGATE was sold to Capgemini for $4 bn earlier this year

Bankruptcy code to be enabler for banks' growth: Mundra

RBI deputy governor says it will help banks to deal with bad loans instead of delaying its recognition

G-sec limit for foreign investors to be raised to Rs 1,79,500 crore

For state development loans the limit will be enhanced to Rs 7,000 cr by Jan 1 while currently it is nil

CARE downgrades Jaiprakash Power Ventures term loans

The amount of loans involved in this downgrade is Rs 11,885 crore

China's slowdown may not be good news for India: Rajan

He, however, added a further slowdown in China would have a silver lining in that it might lead to more foreign investment into India