Feb 20, 2017 at 18:02 | Source: PTI
All departments will have to mandatorily take permission of the Appointments Committee of Cabinet headed by Prime Minister Narendra Modi before terminating services of senior officials in Central Public Sector Enterprises (CPSEs).
Feb 20, 2017 at 15:38 | Source: PTI
Irdai had expressed reservations about the deal structure in the proposed merger of the two entities. An application was filed on September 21, 2016, by Max Life and HDFC Life, seeking in-principle nod for the amalgamation scheme.
Feb 20, 2017 at 14:09 | Source: Moneycontrol.com
The government is looking to quickly fill up top-level positions lying vacant at two of its public sector insurance firms -- United India Insurance and Oriental Insurance. These chairs of Chairman and Managing Directors have remained unoccupied for since June last year.
Feb 20, 2017 at 10:04 | Source: CNBC-TV18
The company's networth stands at USD 12.4 billion. According to buy back rules, if TCS wants to avoid a shareholder nod, it can opt for a 10 percent buyback of shares which would be arounf USD 1.24 billion. With a shareholder approval, the company can go upto a 25 percent share buyback which will be USD 3.1 billion.
Feb 20, 2017 at 09:31 | Source: Moneycontrol.com
Despite receiving a nod for a broad-based listing two weeks ago from its public sector bank stakeholders, namely State Bank of India, Punjab National Bank and Bank of Baroda, UTI AMC will not get listed until its fourth major PSU shareholder, LIC, agrees for a listing.
Feb 20, 2017 at 09:00 | Source: PTI
Within two weeks of the Budget announcement of listing all profitable central public sector enterprises, the Department of Investment and Public Asset Management (DIPAM) has issued guidelines detailing the mechanism and procedure for time-bound listing of CPSEs on Stock Exchanges.
Feb 17, 2017 at 19:52 | Source: PTI
A special court here has allowed the Enforcement Directorate to invoke the India-UK Mutual Legal Assistance Treaty (MLAT) to bring back embattled liquor baronVijay Mallya to the country to face money laundering probe.
Feb 17, 2017 at 14:26 | Source: PTI
Drug firm Zydus Cadila has received approval from the US health regulator to market fluconazole tablets used for the treatment of fungal infections.
Feb 17, 2017 at 11:12 | Source: Moneycontrol.com
Insurance companies will soon be required to have their new policies examined by a panel of actuaries before they hit the market. This will be in addition to an initial round of screening of the policies which will be undertaken by the insurance regulator.
Feb 16, 2017 at 18:24 | Source: PTI
The approval for the product was received by company's wholly owned subsidiary firm from the European Medicines Agency, Sun Pharmaceutical Industries said in a filing to BSE.