ItzCash’s parent Ebix has agreed to acquire the money transfer business of YouFirst Money Express Source: Livemint.com (http://www.livemint.com/rss/industry)

Yamaha launched its 250-cc motorcycle, Fazer 25, priced at Rs1.28 lakh (ex-showroom Mumbai) in India, which will hit the road next month Source: Livemint.com (http://www.livemint.com/rss/industry)

Shell is in talks to buy natural gas from Israel’s Leviathan field, combine it with output from Cyprus’s Aphrodite and pump it to an LNG plant in Egypt Source: Livemint.com…

Any Fed tightening will suck capital away from Asia and send currencies lower, prompting central banks to respond through either defending their currencies or hiking interest rates Source: Livemint.com (http://www.livemint.com/rss/industry)

The ordinance will allow the government to hike GST cess on luxury cars and SUVs to restore tax revenue from the auto industry Source: Livemint.com (http://www.livemint.com/rss/industry)

The completion of Rosneft’s Essar Oil acquisition deal paves the way for the Essar group to reduce its debt Source: Livemint.com (http://www.livemint.com/rss/industry)

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…