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Dr Reddy’s signs MoU for Skill Development in Life Sciences
Hyderabad, Dec 7: Pharma major on Monday said it has signed a Memorandum of Understanding (MoU) with the Life Sciences Sector Skill Development Council (LSSSDC) and Vishnu Institute of Pharmaceutical Education and Research (VIPER) to…
AIA Group to increase stakes in Tata AIA Life to 49 Percent
Chennai, Dec 7: Tata Sons and AIA Group Ltd. on Monday said the latter would increase its stakes by 23 percent to 49 percent in Tata AIA Life Insurance Company Ltd.
In a statement, the two joint venture partners said the stake hike…
Petroleum products to be under GST if states agree: Minister
New Delhi, Dec 7: The government wants inclusion of petroleum products under the proposed Goods and Services Tax (GST) but a decision on this would be taken only if state governments were agreeable, a union minister told parliament on…
Huge financial loss, costs for common people in Chennai floods
Chennai, Dec 7: The torrential rains and floods not only swamped Chennai and its suburbs but also turned upside down the lives of millions who have suffered huge financial loss and costs, residents said.
The loss and costs cut across…
Fitch says ‘stable’ India to grow at 7.5 Percent
Mumbai, Dec 7: Maintaining a stable outlook for India, ratings agency Fitch on Monday said the country's economy will grow by 7.5 percent in the current fiscal that will stand out globally, but warned that its business environment would…
Likely US rate hike subdues markets; BSE Sensex down 72 points
Mumbai, Dec 7: Heightened prospects of a US rate hike, coupled with slow progress in the Indian Parliament in approving a key economic legislation, subdued Indian equity markets on Monday, leading to a barometer index provisionally closing…
Iran to award $3 bn Farzad gas contract to Indian Firms: Report
New Delhi, Dec 7: Iran has agreed to award a $3 billion contract for developing the Farzad-B gas field in the Persian Gulf to a consortium of Indian companies led by state-run Oil and Natural Gas Corp (ONGC), Teheran-based Mehr news agency…
Bill on commercial courts introduced in the Lok Sabha
New Delhi, Dec 7: A bill which enables creation of commercial divisions in high courts and commercial courts at the district level was introduced in the Lok Sabha on Monday.
Law Minister D.V. Sadananda Gowda introduced The Commercial…
India’s key stock market indices open higher on Monday
Mumbai, Dec 7: Key Indian equity market indices opened in the green on Monday, tracking the Asian peers, as the sentiments were boosted by the likely movement forward in the passage of the long-awaited bill to introduce a pan-India goods…
India needs to create energy efficient buildings, says expert
Hyderabad, Dec 6: There is an urgent need for India to make energy efficient buildings by jumping to the latest technology, creating awareness among people and teaching building physics to next generation architects, says an expert in…