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Tag Archives: clears

Govt clears criteria to appoint 5 PSU bank chiefs

The Appointments Committee of Cabinet today approved the criteria and method for selection of managing director and chief executive officers in five public sector banks — posts that have been lying vacant for long. The Appointments Committee of Cabinet today ...

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Cabinet clears decks for spectrum auction in Feb

The Union Cabinet on Monday finalised the reserve prices for the 800-, 900- and 1,800-MHz telecom spectrum bands and said the 2,100-MHz band would be auctioned simultaneously with the other bands in February. The auction will possibly be one of ...

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Cabinet clears road for CIWTC sale

The Union Cabinet on Wednesday gave its approval to a proposal that will facilitate the Narendra Modi-led government’s first strategic sale of a public sector unit (PSU). It cleared an improved voluntary retirement scheme (VRS) for employees of the near-defunct ...

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CCI clears Novartis-GSK pharma deal

The multi-layered deal involves UK-based GlaxoSmithKline (GSK) acquiring the Swiss major’s vaccine business, while the latter would purchase GSK’s cancer drugs portfolio. Fair trade regulator CCI has approved a multi-billion dollar deal between global pharma giants GlaxoSmithKline Plc  and Novartis ...

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CCI clears Sun-Ranbaxy merger deal with riders

The fair trade regulator’s approval comes after the first ever public scrutiny carried out by it for a merger, which was announced in April and would create India’s largest and world’s fifth biggest drug-maker. The long-pending USD 4-billion merger between  ...

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