Business

Two Indian military choppers set to stay back in Maldives with crew

Two Indian military choppers set to stay back in Maldives with crew

span.p-content div[id^=”div-gpt”]{line-height:0;font-size:0} The two Indian military helicopters, gifted to Maldives, are likely to stay back along with a 48-member crew and support staff for at least next few months as talks between the two countries on their continued deployment in the island nation were "positive", diplomatic and military sources said. The lease agreement of the two helicopters, given to in […]

Pricing pressures, regulatory worries for Dr Lal Pathlabs and Thyrocare

Pricing pressures, regulatory worries for Dr Lal Pathlabs and Thyrocare

A muted June quarter performance on the back of pricing pressures coupled with worries on regulatory action could hamper the near-term outlook for diagnostic companies. The largest listed diagnostic players, Dr Lal Pathlabs and Thyrocare Technologies have indicated that competitive intensity in the sector is high. Given the focus on higher volumes, some of the pressures on pricing could continue […]

Sebi planning to deploy technology to beef up monitoring activities

Sebi planning to deploy technology to beef up monitoring activities

span.p-content div[id^=”div-gpt”]{line-height:0;font-size:0} Eyeing a major technological leap in its and investigation functions, watchdog plans to build a private data storage cloud, automate its inspection of brokers and make greater use of data Besides, the regulator is looking to put in place new and advanced software tools to help in its monitoring of mutual funds and for sharing of information with […]

Fake news: Experts say asking WhatsApp to do govt‘s job a misplaced notion

Fake news: Experts say asking WhatsApp to do govt‘s job a misplaced notion

The government recently asked instant messaging (IM) platform WhatsApp to “comply with Indian laws”, “bring in accountability” and “facilitate enforcement of law” to prevent the spread of fake news and rumours. Legal experts agree that the government is well within its sovereign rights to ask any IM platform to comply with the law of the land or any such regulation […]

State scan: Yogi govt starts ringing the temple bells in Uttar Pradesh

State scan: Yogi govt starts ringing the temple bells in Uttar Pradesh

In October last year, a press communiqué by the Uttar Pradesh Ram Bhavan said the Yogi Adityanath government proposed to build a grand 100-metre Lord Ram statue near the banks of the river Saryu in Ayodhya. A few days later, Chief Minister Yogi Adityanath, accompanied by a battery of his cabinet colleagues, descended on the temple town on the eve […]

Arconic is reportedly in talks to sell itself

Arconic is reportedly in talks to sell itself

Aluminum products maker Arconic Inc is discussing acquisition offers for the entire company, even though it announced a sale process last month only for its building and construction systems unit, people familiar with the matter said. The move comes after Arconic, which was spun out of Alcoa Corp in 2016, said in February it would carry out a “strategy and […]