Competition Commission of India (CCI) begins public scrutiny of Sun-Ranbaxy...
In the first-ever public scrutiny of an M&A deal in India, fair trade watchdog Competition Commission of India (CCI) on Thursday invited comments from all stakeholders, including general public, on finer details of $ 4-billion merger of Ranbaxy Labs into rival drugmaker Sun Pharmaceuticals. The... read more »
Andhra Pradesh capital to be station “around Vijayawada”: Naidu
Putting an end to months of suspense, Andhra Pradesh Chief Minister N Chandrababu Naidu on Thursday announced that the new capital of the state would be located “around Vijayawada”. Making a statement in the Legislative Assembly amid a din caused by opposition YSR Congress, Mr. Naidu said,... read more »
Tony Abbott Visit to India, nuke deal likely on agenda
Amid indications that a nuclear deal could be in the offing, Australian Prime Minister Tony Abbott arrived in Mumbai this morning on a two-day India visit during which the two countries would look at ways to deepen strategic ties and strengthen two-way trade and commerce. Mr. Abbott landed in the... read more »
Blocking of Greenpeace funds High Court issues notice to Centre
Aggrieved by the Union government’s “financial scrutiny” that led to blocking of its foreign funds, environmental group Greenpeace India has challenged in the Delhi High Court the prohibition on transfer of foreign contributions to its FCRA bank account. The non-governmental organisation has... read more »
