DOMESTIC DRIVING LICENCE
Q-comm audits; modest Q1 for IT firms
Happy Wednesday! Due to recent hygiene lapses by quick commerce, the government has intensified surprise inspections of their warehouses. This and more in today’s ETtech Morning Dispatch.
India one of fastest-growing markets globally for Nestle, to focus on innovations
Nestle India, led by Chairman & Managing Director Suresh Narayanan, is experiencing rapid growth in the Indian market. The company is investing in new areas, including setting up a factory in Odisha, to drive long-term value.
UPI boosts RuPay market share; cost pressure for gaming firms
Happy Thursday! The integration of UPI with RuPay credit cards has pushed up new issuances but transaction growth hasn’t kept up. This and more in today's ETtech Morning Dispatch.
Combating dark patterns; declining VC funds for female founders
Happy Thursday! The government will soon release a tool to help consumers fight manipulative ‘dark patterns’ used by websites. This and more in today’s ETtech Morning Dispatch.
Cross-border payments platform BriskPe raises $5 million seed funding from PayU
Fintech Briskpe will use the capital to strengthen its product and service offerings, build up its team, and scale its reach to enable more Indian businesses to set off on their global journey with seamless cross-border payments.
Fintechs push for cross-border payments; Chiratae’s $70 million portfolio sale
Happy Wednesday! Razorpay, Cashfree, PayGlocal and other fintech startups are seeking a licence for facilitating cross-border payments from the RBI. This and more in today’s ETtech Morning Dispatch.
- Go To Page 1
Lens on cos making drugs, supplements in same facility: Pharma body hopeful of a rethink on govt action
In a recent diktat, the government said action will be taken against pharma units that are flouting the norms by manufacturing nutraceuticals, health supplements and drugs in the same facility. Executives of Fope recently met the health secretary and the Drug Controller General of India (DCGI), seeking an exception to select units as was given earlier.
Pharma companies producing drugs, supplements in same unit under lens
The government, DCGI, and state authorities are cracking down on pharma units manufacturing nutraceuticals, health supplements, and drugs in the same facility. The industry is worried about the impact on exports, domestic market, spurious drugs, and foreign exchange.
Tata Pay bags payment aggregator licence; Binny Bansal’s new startup OppDoor
Happy 2024! Welcome to the first edition of ETtech’s Top 5 in the new year. Tata group’s digital payments business, Tata Payments, has secured a payment aggregator licence from the Reserve Bank of India (RBI). This and more in today’s edition of our daily evening newsletter.
UK says will issue 'hundreds' of new oil, gas licences in North Sea
The UK government plans to grant "hundreds" of new oil and gas licences in the North Sea to bolster the country's energy reserves while still aiming for net zero carbon emissions by 2050, according to a statement by Prime Minister Rishi Sunak's office. The licences will be subject to "a more flexible application process" but still need to pass a "climate compatibility" test for carbon reduction goals.
Govt to sell wheat and rice in open market to control prices
The Food Corporation of India (FCI), the government's nodal agency for procurement and distribution of foodgrains, will conduct an e-auction of wheat on June 28 and that of rice on July 5 to boost domestic supplies and control prices. The tenders will be floated soon.
Foxconn looks to ramp up workforce on higher Apple orders, key licence
Apple has got the government’s clearance for denotifying 40 acres inside Foxconn plant premises near Chennai, which would allow the company to ramp up production for the domestic market.
Want to book a test drive? Chat with a bot
As the world locked itself down and work came home, one industry gained: Conversational AI, which uses voice or chat bots to interact with customers.
No badge needed for tourists driving rented cab, bike
Cabs and motorcycles under 'Rent a Motorcycle' and 'Rent a Cab' schemes are not required to carry badges, the ministry said in an advisory to transport secretaries and commissioners of the states.
Sensex jumps 350 pts: Stimulus, rate cut hopes among 5 factors driving rally
RBI Governor said growth has become the highest priority for the MPC.
4 gas distribution companies stocks likely to benefit from clean fuel drive
According to a report, the demand for natural gas in India will get a boost from the government’s plans to revitalise more than 10,000 kilometres of gas pipelines.
From Oz to UK, many countries are now allowing Indians to drive with desi DLs
In countries like Australia and England you now don't need an international driving licence.
Unique ID to enable paperless boarding for domestic flyers
Only those who want a paperless boarding experience will need to get this unique ID as the existing procedure will continue to remain in place.
Government's medicare drive pinches pharma, private hospitals in 2017
Summing up 2017, Indian Pharmaceutical Alliance (IPA) Secretary General D G Shah said that the industry was never up against so many challenges in one single year before.
Vodafone India may surrender payments bank licence
Industry insiders said that since Aditya Birla Nuvo, which owns Idea Cellular, also has a banking licence, Vodafone would give up its right after the merger.
Surrendering of payments bank licences not a worry, says RBI Governor Raghuram Rajan
“Don’t just go for a licence because it is a valuable property to have,” said RBI governor Raghuram Rajan.
UK's BP aims for the sky again, seeks licence to sell jet fuel in India
Co’s application has been rejected once for not having made the minimum investment in the country’s oil and gas sector to qualify for a licence.
Why money lenders will be as relevant despite the small bank licencing scheme
Nearly more than four decades of bank nationalisation, and numerous attempts to take finance to the poor have led to little improvement in their conditions.
Bharti Airtel, SKS Microfinance eye niche bank licences
Private sector lender Kotak Mahindra Bank will have a 19.9 per cent stake in the proposed banking venture of Bharti Airtel.
Haryana government fixes price of affordable homes for middle segement buyers
The prices of the affordable houses have been fixed by the Haryana government keeping in mind the lower-middle and middle segments of the society- Parveen Jain
Government extends validity of industrial licences to 7 years
These announcements are part of government’s plan to promote indigenisation of India’s defence production and cut its large import bill on this count.
Elder Pharma to enter new therapeutics areas to drive growth
The company plans to further strengthen its in-licence portfolio and increase its presence in CNS therapeutic and cardio-vascular segments.
Better governance & meaningful reforms, such as removing subsidies, will drive growth
While UPA had two distinct phases as far as the macro is concerned, lack of meaningful reforms & economic governance has been a common failing.
Strong domestic demand will keep India's growth story ticking: Stuart A Davis, CEO, HSBC India
In an interview with Anita Bhoir, Davis spoke on HSBC’s business plans in India and on the impending acquisition of the assets of Royal Bank of Scotland in the country.
Load More
