The Competition Commission of India (CCI) has imposed penalties on 10 cement companies and their umbrella association – Cement Manufacturers Association (CMA) for cartelisation. The CCI has levied...
The Union Cabinet has given its approval for simplification and liberalisation of the Foreign Direct Investment (FDI) Policy, 2016 in various sectors announced in June, 2016. The radical...
The Union Cabinet has approved the scheme for granting of Permanent Residency Status (PRS) to foreign investors. However, this status will be subject to the relevant conditions in...
The Union Cabinet has given its approval to proposal for dissolution of Central Inland Water Transport Corporation Limited (CIWTC). CIWTC was incorporated in February 1967 as Public Sector...
Automobile manufacturer Mahindra & Mahindra Ltd (M&M) has introduced DiGiSENSE, a cloud based technology solution to track vehicle information in real time. With this, Mahindra has become the...
India’s premier container port, Jawaharlal Nehru Port Trust (JNPT) in Navi Mumbai has signed 400 Million US Dollar agreement with State Bank of India (SBI) and Development Bank...
India has ranked 66th in the 2016 Global Innovation Index (GII). In this edition, India has jumped up by 15 spots from 81st position in 2015 GII. The...
The State Bank of India’s (SBI’s) board of directors has approved merger of its five associate banks and Bharatiya Mahila Bank (BMB) with itself. These five subsidiaries are...
The Union Government has constituted a National Committee on Trade Facilitation (NCTF) to develop the pan-India road map for trade facilitation. It has been constituted in line with...
The Rajya Sabha has passed the Maternity Benefits (Amendment) Bill, 2016 to raise maternity leave for working women from 12 weeks to 26 weeks for two surviving children....