News and Current Affairs

Radiant Life Care Private Limited (“Radiant”), a leading Indian hospital management company promoted by Abhay Soi and backed by KKR, has completed the previously announced acquisition of a 49.7% stake in Max Healthcare Institute Limited (“Max Healthcare” or “MHC”) from South Africa-based hospital operator Life Healthcare.  Abhay Soi will now lead …

GoAir, India’s fastest growing airline, has recorded the best On-Time Performance (OTP) for the 9th consecutive month. GoAir recorded91.8% OTP according to the latest report released by the Director General of Civil Aviation (DGCA) for May 2019. This achievement is the result of GoAir’s continuous focus on enhancing customer experience without compromising …

The Economic Advisory Council to the Prime Minister today released a detailed notetitled ‘GDP estimation in India- Perspectives and Facts’. The note provides a clear rationale for India’s switch to an improved GDP estimation methodology in January 2015. The new methodology that uses 2011-12 as the base year includes two …

Union Minister of Commerce and Industry & Railways, Piyush Goyal, held a meeting with representatives of associations of kirana stores, traders and retailers in New Delhi today. Hardeep Singh Puri, Minister of State of Commerce and Industry and Som Parkash, Minister of State of Commerce and Industry were also present …

The Competition Commission of India (CCI) is conducting a Market Study on E-commerce in India (‘Study’). In view of the rapid growth of electronic commerce (‘e-commerce’) and the rising importance of online trade in a large number of goods and services in India, the study will allow the CCI to …

Dr. Harsh Vardhan, Union Minister of Health and Family Welfare chaired a meeting of a multi-disciplinary group of experts here today. The multi-disciplinary groupdiscussed and deliberated onthe factors causing high child mortality in the reported AES/JE cases in Muzaffarpur district of Bihar, andfurther immediate measures to be taken up to …

Union Minister of Commerce and Industry & Railways, Piyush Goyal, held an extensive consultation with tech industry and e-Commerce companies in New Delhi yesterday. E-Commerce and tech companies across all segments, who have businesses in India and foreign MNCs, participated in the interactive session with Commerce& Industry Minister, Secretary Department …

Life is stressful – work, traffic, targets, meetings, deadlines, crisis et al. Take a quick short break and FlySmart with your loved ones. When it comes to family vacations, sometimes short and sweet weekend getaways are the best way to go. Welcome Minications. Mumbaikars can now go on a Minication …

International telecom and technology service provider Vodafone Group plc is the newest member of SeeHer, the Association of National Advertisers’ leading global movement for gender equality in advertising and media. Vodafone joins a powerful collective of 1,000-plus top brands that control $100-plus billion in worldwide ad spend. Vodafone has mobile …

Aditya Birla Fashion and Retail Ltd. (ABFRL) is joining a unique and pioneering industry-led platform, ‘Circular Apparel Innovation Factory’ (CAIF) in collaboration with Intellecap. CAIF is India’s first industry-led platform, aiming to build a circular apparel and textile industry in India. Its mission is to search, seed, support, and scale circular textile and apparel …