Daily Sector News Today – 04.09.2017
* AUTOMOBILE: Skoda Auto India launched the 'Octavia RS 230' at an ex-showroom price of 2.5 mln rupees. Hyundai Motor India's domestic vehicle sales in August were up 9% on year at 47,103 units.
* BANKING: Aditya Birla Group's proposed payments bank is expected to start operations by December 2018, group head Kumar Mangalam Birla said.
* ECONOMY: The Department of Economic Affairs has cleared four foreign direct investment proposals worth 5.03 bln rupees between Jul 1 and Aug 31.
* PHARMACEUTICAL: The Drug Controller General of India is preparing a plan to ensure that drug testing laboratories meet the prescribed good laboratories practice norms.
- The National Pharmaceutical Pricing Authority has sought a statutory status under a new law aimed at fostering affordable healthcare, and has also sought the creation of an appellate tribunal to review its decisions.
* REGULATORY: The Securities and Exchange Board of India has allowed debt securities to be listed on the stock exchanges in International Financial Services Centre, even if these papers are issued elsewhere.
* TELECOMMUNICATION: There has been a "substantial improvement" in call drop rates, and the Department of Telecommunications has asked operators to ensure further improvement by December.
* TRANSPORTATION: The Delhi government ap
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* BANKING: Aditya Birla Group's proposed payments bank is expected to start operations by December 2018, group head Kumar Mangalam Birla said.
* ECONOMY: The Department of Economic Affairs has cleared four foreign direct investment proposals worth 5.03 bln rupees between Jul 1 and Aug 31.
* PHARMACEUTICAL: The Drug Controller General of India is preparing a plan to ensure that drug testing laboratories meet the prescribed good laboratories practice norms.
- The National Pharmaceutical Pricing Authority has sought a statutory status under a new law aimed at fostering affordable healthcare, and has also sought the creation of an appellate tribunal to review its decisions.
* REGULATORY: The Securities and Exchange Board of India has allowed debt securities to be listed on the stock exchanges in International Financial Services Centre, even if these papers are issued elsewhere.
* TELECOMMUNICATION: There has been a "substantial improvement" in call drop rates, and the Department of Telecommunications has asked operators to ensure further improvement by December.
* TRANSPORTATION: The Delhi government ap
