Monday, 22 October, 2018

Economy

Sebi has given Malvinder Singh (L) and Shivinder Singh three months to repay the money | Getty Images

Singh brothers defrauded Fortis Healthcare of Rs 4 billion

Sebi found that brothers Malvinder and Shivinder Singh have defrauded Fortis Healthcare of Rs 4 billion and ordered them to repay the amount.
PrEP

This new blue pill is stopping HIV like never before, study shows

An anti-viral pill cut new HIV cases among men by almost a third to the lowest on record, study published in Lancet shows.
Netflix

Netflix plans to cut prices to cash in on boom in Indian viewers

Netflix is eyeing hundreds of millions of mobile phone subscribers in India as potential customers & plans shows in regional languages.
Mukesh Ambani | Simon Dawson/Bloomberg

Reliance Industries to buy two Indian cable TV operators to bolster digital push

Mukesh Ambani's company will purchase a 51.3 per cent stake in Hathway Cable & Datacom Ltd. and 66 per cent shares of Den Networks Ltd.
A man checks out the live index outside the Bombay Stock Exchange | Getty Images

Sensex turns bullish ahead of quarterly results

India’s equity index continues to rise for a fourth day as investors are expecting good quarterly earnings.
Representational image

How India can become global drone technology leader with new policy

India can show the world how drone technology can be used to bring about socially impactful services in agriculture and public health.
Mukesh Ambani | Pankaj Nangia/Bloomberg

How Mukesh Ambani shook up India’s mobile phone sector

India’s mobile industry has consolidated into 3 big service providers from more than 10 earlier after Mukesh Ambani’s Jio entered the market.
Gold necklaces hang on display at jewelry store in Pune | Dhiraj Singh/Bloomberg

It won’t be a Happy Diwali for gold as prices surge on back of weak rupee

Gold prices have surged to their highest in more than two years and that’s not good news in the Diwali festival season.
Punjab National Bank (PNB) branch in Mumbai

Serious lapses by banks are behind bad loans crisis: Central Vigilance Commission

CVC identifies 100 bank frauds to understand and prescribe solutions, so that the systemic failure which led to a surge in NPAs can be addressed.
Piramal Group Chairman Ajay Piramal | Dhiraj Singh/Bloomberg

Ajay Piramal plans to sell $1 billion contract pharma business

Piramal Pharma Solutions is a contract development & manufacturing organisation which is into drug discovery and commercial production.
Illustration by Soham Sen | ThePrint

Supreme Court cannot become the priest between Indians and their Gods

Sabarimala verdict is an example of why the Supreme Court shouldn't intervene in religion.