LIC approved Rosneft’s acquisition of Essar Oil after Essar Group agreed to pay some of the money it owes to the insurance firm before closing the transaction Source: Livemint.com (http://www.livemint.com/rss/industry)
Samsung announced the spending plans as it started mass production of chips from the Pyeongtaek facility just over two years after breaking ground on the plant Source: Livemint.com (http://www.livemint.com/rss/industry)
Microsoft is implementing rejig in sales and marketing teams as well as executives to better serve its customers and partners Source: Livemint.com (http://www.livemint.com/rss/industry)
Footwear companies are looking to increase prices of their products, particularly leather shoes, by 5-7%, in a bid to compensate for a higher GST rate Source: Livemint.com (http://www.livemint.com/rss/industry)
The Indian pharma industry is likely to witness a slowdown in growth because of pricing pressure and regulatory interventions in the US, according to an Icra report Source: Livemint.com (http://www.livemint.com/rss/industry)
IndoStar Capital will pay Rs2,000 crore for 67% stake in ICICI Home Finance, ICICI Bank will continue as a minority shareholder with a 33% stake Source: Livemint.com (http://www.livemint.com/rss/industry)
Indian consortium willing to spend as much as $11 bn to develop Farzad-B gas field and build the infrastructure to export the fuel as long as Iran guarantees a ‘reasonable…
Pharma companies spent the first two days of the GST regime migrating data to the new billing system and updating the HSN codes for medicines Source: Livemint.com (http://www.livemint.com/rss/industry)
The plan to launch cheaper biosimilar drugs is in congruence with the govt’s affordable healthcare policy and makes India’s biotech industry globally competitive Source: Livemint.com (http://www.livemint.com/rss/industry)
The Tata Realty and Standard Charted PE joint venture will use the plot in Thane-Belapur industrial area for developing an IT park Source: Livemint.com (http://www.livemint.com/rss/industry)