Tag Archives: transportation

Sebi seeks SC permission for arrest of Sahara chief

The Securities and Exchange Board of India (Sebi) on Friday moved the apex court, seeking the detention of Subrata Roy Sahara, chairman of the Sahara Group, and directors Ravi Shankar Dubey and Ashok Roy Choudhary. The market regulator has also … Continue reading

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Top banks come under black money cloud

Online media firm Cobrapost today alleged managers of the country’s top-three private banks by market capitalisation — ICICI Bank, HDFC Bank and Axis Bank — had been offering ‘money laundering’ as products to people looking to park black money. “They are offering … Continue reading

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Ahmedabad student tops CMAT

All Indian Council for Technical Education (AICTE), which conducts the Common Management Admission Test (CMAT), has declared the results of the examination held in February 2013. Mikin Shah, 32, a faculty member with a coaching institute at Ahmedabad, topped the … Continue reading

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FDI policy set for revamp

In its bid to bring more clarity on the definition of ‘control’ in the country’s foreign direct investment (FDI) policy, in sync with that in the Companies Bill, the Department of Industrial Policy and Promotion (DIPP) would soon move a … Continue reading

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Markets open marginally higher as realty, IT stocks gain

Markets have opened flat this morning, taking cues from global bourses. All eyes are now on the RBI policy review slate d for March 19, 2013. The Sensex has opened at 19,375 – up around 12 points. Nifty is down … Continue reading

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OMCs made to share aviation fuel facilities

In what could open the aviation turbine fuel (ATF) market for private companies, the state-run oil marketing companies (OMCs) have agreed, in-principle, to share their storage facilities to feed Asia’s largest terminal at New Delhi. The decision was taken during … Continue reading

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Imported insulin to cost more

The department of pharmaceuticals has asked the National Pharmaceutical Pricing Authority (NPPA) to review Eli Lilly’s imported insulin prices, kept in check in recent months. The move could result in prices of imported insulin rising, against the regulator’s attempt to … Continue reading

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