Uday Kotak, Executive Vice Chairman & MD of Kotak Mahindra Bank tells Govindraj Ethiraj that the new government should re-define India's priorities, including creating more jobs

Uday Kotak, Executive Chairman & MD of Kotak Mahindra Bank tells Govindraj Ethiraj that the new government should re-define India's priorities, including creating more jobs

Uday Kotak:The new government should re-define India's priorities, including creating more jobs

Uday Kotak: The new government should re-define India's priorities, including creating more jobs

Fintech firm One97 Communications on Thursday said its subsidiary Paytm Payments Services Limited (PPSL), has received authorisation from the Reserve Bank of India to operate as a Payment Aggregator for physical (offline) payments and cross-border transactions.
The approval is in addition to the authorisation for Online Payment Aggregation already granted by the central bank to PPSL last month.
"Reserve Bank of India (RBI) on December 17, 2025 has authorised Paytm Payments Services Limited (PPSL), a wholly-owned subsidiary of One 97 Communications Limited, to operate as a Payment Aggregator for Physical (offline) payments and Cross-Border transactions (both inward and outward), in addition to the online Payment Aggregator authorisation already granted by RBI on November 26, 2025, under the Payment and Settlement Systems Act, 2007, Paytm said in a regulatory filing.
With the new license, PPSL now holds Payment Aggregator authorisations across online, offline, and cross-border segment

The approval is in addition to the authorisation for Online Payment Aggregation already granted by the central bank to PPSL last month

Press Trust of India

Aurobindo Pharma on Thursday said the US health regulator has issued a Form 483 with five observations after inspecting Andhra Pradesh-based Unit-IV of its subsidiary APL Healthcare.
The US Food and Drug Administration (USFDA) inspected the unit from December 8 to December 17, 2025, the Hyderabad-based drug firm said in a regulatory filing.
"At the end of the inspection, a 'Form 483' was issued with 5 observations which are procedural in nature, and we will respond to the US FDA within the stipulated timelines," it added.
The company is committed to maintaining the highest quality manufacturing standards at all of its facilities across the globe, the drug firm said.
As per the US Food and Drug Administration (USFDA), Form 483 is issued to a firm's management at the conclusion of an inspection when the investigator has observed any conditions that may constitute violations of the Food Drug and Cosmetic (FD&C) Act and related Acts.
Shares of Aurobindo Pharma were trading 0.83 per ..

The company is committed to maintaining the highest quality manufacturing standards at all of its facilities across the globe, the drug firm said

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Business Standard

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Finance Minister Nirmala Sitharaman on Thursday introduced the Securities Market Code Bill in the Lok Sabha and proposed referring it to the department-related standing committee for greater discussion.
Arun Nehru (DMK) and Manish Tewari (Congress) opposed the bill at the introduction stage, saying that it gave excessive powers to one body which was against the principle of separation of powers. They described the bill as a case of excessive delegation of power.
Responding to their claims, the finance minister said since the government is referring it to the standing committee, such details can be discussed by the panel.
Krishna Prasad Tenneti, chairing the proceedings, said the Lok Sabha Speaker has the powers to refer bills to parliamentary panels and he will take a call on the issue.
The Securities Markets Code Bill 2025 seeks to merge the provisions of the Securities and Exchange Board of India Act, 1992, the Depositories Act, 1996 and the Securities Contracts (Regulation) Act,

Finance minister said since the government is referring it to the standing committee, such details can be discussed by the panel

As many as 27 flights of various airlines were cancelled and many more delayed at Delhi Airport on Thursday due to dense fog and subsequent drop in visibility, a DIAL official said.
"As of now, 27 flights are cancelled -- 16 departures and 11 arrivals -- at Delhi Airport due to dense fog and low visibility," the Delhi International Airport Ltd (DIAL) official said.
In a passenger advisory Thursday morning, DIAL said due to dense fog, "flight operations are currently under CAT-III conditions, which may lead to delays or disruptions."
For this type of operation, not only should the pilots be trained, but the aircraft must also be compliant.
CAT-III refers to a type of instrument landing system (ILS) approach that allows aircraft to land in conditions of very low visibility, such as fog, rain or snow, with a runway visual range (RVR) of 50-200 meters.

In a passenger advisory Thursday morning, DIAL said due to dense fog, "flight operations are currently under CAT-III conditions, which may lead to delays or disruptions

ICEGATE enables e-filing and customs payments by traders; RMS automates risk-based scrutiny; and ICES handles backend assessment and clearance workflows at Customs locations

Healthcare industry body NATHEALTH has asked the government to increase public spending on healthcare to over 2.5 per cent of GDP with urgent action to tackle non-communicable diseases, including tax deductions of up to Rs 10,000 on individuals for preventive health check-ups.
In its pre-Budget recommendations to the government, NATHEALTH said it outlined a roadmap to strengthen healthcare delivery, foster innovation, and expand insurance and preventive coverage.
The recommendations call for a balanced mix of fiscal support, structural reforms, and public-private collaboration to build a robust, future-ready health system, it said in a statement.
In its recommendations, NATHEALTH asked the sector to be declared 'core infrastructure' and create a healthcare infrastructure fund of Rs 50,000 crore, saying currently there is limited access to long-term, lower-cost capital for hospitals and diagnostic networks.
New projects have long gestational periods requiring flexible mid-term ...

In its pre-Budget recommendations to the government, NATHEALTH said it outlined a roadmap to strengthen healthcare delivery, foster innovation, and expand insurance and preventive coverage

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Uday Kotak: The new government should re-define India's priorities, including creating more jobs

Uday Kotak, Executive Vice Chairman & MD of Kotak Mahindra Bank tells Govindraj Ethiraj that the new government should re-define India's priorities, including creating more jobs

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