Business

August 7, 2014 9:11 AM

Assam Corporation to streamline procurement in health sector

The Assam government has proposed to set up an Assam Medical Services Corporation Limited to streamline and improve the system of procurement and logistics relating to the health sector. Official sources said, the State Health Department has proposed an amount of one crore rupees in the current fina...

August 7, 2014 9:05 AM

Assam govt to set up Corporation to streamline procurement in health sector

The Assam government has proposed to set up an Assam Medical Services Corporation Limited to streamline and improve the system of procurement and logistics relating to the health sector. Official sources said, the State Health Department has proposed an amount of one crore rupees in the current fina...

August 7, 2014 8:42 AM

India will not lift caps on FII inflows: Rajan

Reserve Bank Governor Raghuram Rajan has said India will not give up all limits on investments in bonds by Foreign Institutional Investors as a precondition for inclusion in global indices for bonds. The major indices of the world are insisting that India should lift caps on foreign institutional mo...

August 6, 2014 10:09 PM

LS passes Securities Laws (Amendment) Bill, 2014 <br/>

The Lok Sabha today passed the Securities Laws (Amendment) Bill, 2014 by voice vote. In his brief reply to a discussion on the bill, Finance Minister Arun Jaitley said, the Securities Exchange Board of India, SEBI has been given more powers to stringently deal with the fraudulent schemes involving f...

August 6, 2014 6:45 PM

RBI to cut down 'pre-emptions' for more efficiency : Raghuram Rajan

A day after lowering SLR, the mandatory government bond holding requirements for banks, Reserve Bank of India Governor, Raghuram Rajan today said, RBI is all set for reducing pre-emptions over a longer horizon for more efficiency in the financial system. The broader, longer term programme is of five...

August 6, 2014 2:34 PM

Govt nod for 14 FDI proposals worth over Rs 1500cr

The Government has approved 14 FDI proposals of 1528.38 crore rupees. An official release issued in New Delhi today said these proposals were recommended by the Foreign Investment Promotion Board, FIPB on the 4th of last month. Proposals included Rs 600 crores in Laurus Labs Private Limited followed...

August 6, 2014 1:39 PM

No need to send Insurance Bill to select Committee: BJP

The BJP has said that there is no need to send the Insurance Bill to the select committee, as it has already gone through the standing committee.Speaking to reporters outside Parliament, BJP spokesperson Mukhtar Abbas Naqvi alleged that the Congress is not against the Bill but its opposition stems f...

August 6, 2014 1:15 PM

No need to send Insurance Bill to select Committee: BJP

The BJP has said that there is no need to send the Insurance Bill to the select committee, as it has already gone through the standing committee. Speaking to reporters outside parliament ,BJP spokesperson Mukhtar Abbas Naqvi alleged that the Congress is not against the Bill but its opposition stems ...

August 6, 2014 12:16 PM

India puts on hold all new defence procurements from Finmeccannica

India has put on hold all defence procurements from the Italian company Finmeccannica and its affiliate firms in the wake of an alleged chopper scam. In separate circulars, the Department of Defence and the Department of Defence Production have said that all procurements/acquisition cases in the npi...

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