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Wed, 23 Aug 2017

‘Small Business Champions’ Initiative Launched

A joint effort to facilitate participation by smaller companies in international trade was launched by the Director-General of the World Trade Organization (WTO), Roberto...

Vodafone and Idea Merger Deal Approved

The Competition Commission of India has approved the merger of Vodafone India and Idea Cellular. The $23-billion transaction is the largest transaction by value in...

ONGC Buys Stake in BPCL

Union Cabinet approved sale of government’s stake in Hindustan Petroleum Corpration Ltd (HPCL) to Oil and Natural Gas Corporation (ONGC). The ONGC will buy government’s...

SBI Forms Subsidiary for Real Estate Services

State Bank of India (SBI) has created a wholly owned subsidiary “SBI Infra Management Solutions Pvt. Ltd.” for providing real estate services to them. The...

SEBI Bans P-Notes on Derivatives

The Securities and Exchange Board of India was established on April 12, 1992 in accordance with the provisions of the Securities and Exchange Board...

‘International Securities Identification Number’ in News

SEBI has decided to increase the liquidity in the secondary market for corporate bonds by way of minimal number of ISINs (International Securities Identification...

Submarine Cable System ‘AAE-1’

Asia-Africa-Europe 1 (AAE-1) is a 25,000 km submarine communications cable system from South East Asia to Europe across Egypt, connecting Hong Kong, Vietnam, Cambodia,...

Company Law Introduces ‘Start-ups’

The concept of “start-up” has been introduced in the company law by the Ministry of Corporate Affairs. MCA has defined “start-up” through an executive order...

Hyderabad Metro Enters Limca Book of Records

Hyderabad Metro Company has got 'three' records to its name in the Limca Book of Records. This is the first time that Limca Book of...

Flipkart-eBay India Merger Deal in News

Flipkart’s acquisition of eBay India has received approval from the Competition Commission of India. The transaction relates to the acquisition of 100 per cent share...

International Financial Services Centre Started

The National Stock Exchange of India launched its international exchange, NSE IFSC, at GIFT International Financial Services Centre (IFSC) at GIFT City in Gandhinagar. The...

Airtel-Telenor Merger Gets Nod

Bharti Airtel has received the approval of the Securities and Exchange Board of India (SEBI), BSE and National Stock Exchange for the proposed scheme...