This news is a setback for big pharma companies as they were getting over the patent cliff but could be music for Indian drug makers who are in a race to launch copycat drugs.
According to sources, Patanjali, which has been declared as H2 (second highest bidder), has not yet submitted a revised bid to match or better the highest offer of Rs 6,000 crore by Adani Wilmar.
The agency named Mallya and his firms - Kingfisher Airlines Limited and United Breweries (United Breweries Holdings Limited) - in its voluminous prosecution complaint filed before a special Mumbai court under the Prevention of Money Laundering Act.
Almost one million people in India are "testing" WhatsApp's payments service, and the company is working with the Indian government, NPCI and multiple banks to further expand the feature to more users.
As part of the organisational changes, the company has also elevated Europe as regional headquarters as it plans to grant greater autonomy to each region in an effort to spur sustainable growth and enhance innovation, the South Korean company said in a statement.
Audi CEO Rupert Stadler was detained by German authorities leading to a leadership crisis at Volkswagen. Here's a list of some disgraced CEOs who had to either leave their job or were jailed.
Bullet train is very important for India says Railway Board chief Ashwani Lohani.
Jabong, which, was acquired by Myntra in 2016 is also participating in the sale this year. The sale will begin from June 22
According to Crisil, passenger vehicle (PV) makers will account for about 70 per cent of this Rs 58,000 crore additional capex, followed by commercial vehicle manufacturers at 20 percent and the balance by two-wheeler makers.
The delivery centre, which is located in the Parisian region, can accommodate up to 230 employees.
The meeting was attended by Piyush Goyal, who has been temporarily given the charge of finance ministry, Civil Aviation Minister Suresh Prabhu, Transport Minister Nitin Gadkari and other senior officials.
Homebuyers have requested that the regulations clearly lay down that the ‘first meeting of creditors’ would mean the first meeting of creditors after the coming in force of the regulations.
Sources have said that all of Mallya's assets attached in relation to the IDBI Bank-Kingfisher Airlines bank loan fraud case, will be auctioned under the new law.
The gadget will be available for purchase on amazon.in and on OnePlus.in. The device has been priced at Rs 3,990.
India joins The European Bank for Reconstruction and Development in the first-of-its-kind conference.
Nearly Rs 4 lakh crore has been disbursed as direct benefit transfer to poor people which has led to savings of Rs 90,000 crore by removing fictitious beneficiaries in the last four years.
IndiQube co-founder and Chairman Rishi Das said the company will use the funds to strengthen its execution capabilities and expand in cities like Pune and Hyderabad.
BSH Household Appliances, part of Germany's diversified group Bosch will be launching 17 models in the top loaders to start with the capacity ranging between 7 Kg and 12 Kg, at a price range of Rs 20,099 (7kg) upto Rs 37,999 (12kg).
Himalayan, is sourced from stream aquifer located at foothills of the Shivalik range in the Himalayas.
Mercedes-Benz to lunch all cars with only BS VI compliant diesel engines. The company also plans to upgrade its petrol models to BS VI going ahead.
KVIC Chairman Vinai Kumar Saxena said the latest order will also support in providing sustainable employment through micro enterprises to rural artisans.
About 35 percent of Intelenet's business comes from India, with the rest coming from the US and UK markets.
Domestic NBFCs are facing twin challenges in the form of narrowing options and increased borrowing cost for adequate debt raising.
Sources say, 'she comes to work on a "need basis" during her annual leave and was also present at the board meeting last week when the bank decided to dilute 2 percent more in ICICI Prudential Life'.
This will complement the bank's existing capital market offerings and enable it to play a larger role in channelising domestic and foreign investments into Indian financial market, Yes Bank said in a statement.