The current draft pharma policy may have a negative impact on growth and profitability of the industry due to continued emphasis on price control, say industry officials and analysts Source:…

Indian Oil and the Odisha government have amicably settled a tax dispute around the firm’s 15 million tonne Paradip refinery Source: Livemint.com (http://www.livemint.com/rss/industry)

RBI governor Urjit Patel calls for recapitalisation of PSU banks to help them resolve NPAs issue in a time-bond manner as bad loans at 9.6% of the system is not…

SBI has realised Rs235.06 crore as penalty from 388.74 lakh accounts for not maintaining monthly average balance in the 1st quarter of the current fiscal, an RTI query has revealed…

Along with the 12 cases where bankruptcy proceedings have already started, these would account for 60-65% of the bad loans clogging the banking system Source: Livemint.com (http://www.livemint.com/rss/industry)

COMIO India director launches 3 handsets priced between Rs5,999-Rs9,999 and says the smartphone maker plans to invest Rs500 crore in India over the next 2 years Source: Livemint.com (http://www.livemint.com/rss/industry)

CBDT says the number of individuals filing income tax returns has jumped to 2.79 crore this year, matching with the 56 lakh new taxpayer addition stated by Narendra Modi Source:…

RBI says the new Rs 50 denomination currency notes will be shortly issued under the Mahatma Gandhi series Source: Livemint.com (http://www.livemint.com/rss/industry)

A well-known but unnamed Chinese automaker has reportedly offered to buy Fiat Chrysler at a price supposedly above its current market value in July Source: Livemint.com (http://www.livemint.com/rss/industry)

Airtel has convened a meeting of its shareholders and creditors on 19 September to consider the proposed amalgamation of Telenor Communications with it Source: Livemint.com (http://www.livemint.com/rss/industry)