The license will mean that the payments firms can now start onboarding of new merchants to their platforms. Neobank Open, Enkash and Paymentz has also received the final nod.
Rao also encouraged the states/UTs to expedite the identification and implementation of 100 Healthy and Hygienic Food Streets across the country, with the assistance of the Government of India.
On liquidation, every depositor would be entitled to receive a deposit insurance claim amount of his/her deposits of up to Rs 5 lakh from DICGC.
A few additional changes have been made to the existing provisions, while some have been done away with.
The licence of the pilot was suspended for three months by the Directorate General of Civil Aviation (DGCA) on January 20.
The bench observed that the law mandates that an aggregator cannot operate without a license and Uber cannot continue to operate on the basis of the SC’s earlier interim order
The liberal-leaning TV Rain, or Dozhd, shifted to broadcasting from Latvia and other countries in July, after being forced to shut its Moscow studio following Russia's invasion of Ukraine.
The central’s bank response also said that PPSL is required to take to re-submit its PA application with 120 calendar days, and outlined two steps to fulfil
Among the documents are driving licences, registration certificates, fitness certificates and all kinds of permits.
The liquor shops were shut between 38 days to 190 days during the lockdown period and the concessions were granted considering the losses due to the lockdown.
Sale of medicines through unlicensed online platforms is prohibited until draft rules to regulate e-pharmacies are finalised and put in place.
This will help new vehicle buyers save on extra registration costs charged by dealers for this service.
Section 10 of the Motors Vehicles Act, 1989, allows minors to obtain a driving licence for "motorcycles without gear" that have engine power up to 50cc.
Previously, it was required by all transport vehicles to have a commercial licence after the drivers got their private licences
Telecom minister, Ravi Shankar Prasad, says telecom companies should either spend on improving their network or face grave consequences.
This comes after the two tech giants disagreed between over level of cross license and payments. The license agreement ended in mid-January 2015.
Telecom players like Vodafone and Airtel have dragged the government to Supreme Court on the issue of calculation of gross revenues.
UAE offers startups the right environment with its easy-to-handle procedures and Free Zones
The RBI issued guidelines for licensing of new banks on February 22 and issued clarifications in the first week of June. In the past 20 years, the RBI licensed only 12 banks in the private sector in two phases
Health officials in India have revoked Johnson & Johnson's license to make cosmetics at a plant outside Mumbai after they discovered the company had used an unauthorized process for sterilizing its baby powder.
Department of Telecommunications is learnt to have told Vodafone and Loop Telecom that their licences cannot be extended and they will need to bid for airwaves to continue their services.
It‘s a set back for Bharti Airtel and Vodafone. The Department of Telecom (DoT) has rejected the representations of these two companies seeking an extension of their licenses along with their existing 900 mhz band spectrum.
MB Mahesh of Kotak Institutional Equities, talking to CNBC-TV18, feels that given the challenging environment, it will be difficult for the Bank Nifty to outperform the broader markets
Morgan Stanley intends to allow its banking licence in India to lapse as part of its changed business strategy, the Economic Times newspaper reported on Saturday.
The telecom ministry is looking at options to protect the interests of companies whose 2G licences will stand cancelled after January 18 but are willing to continue operations in India.