The purported conglomerate has signed a high-profile agreement to invest in SpiceJet’s cargo business, promised to set up a high-tech chip unit in Odisha and backed two Web3 startups to unicorn valuations. In reality, it is all smoke and mirrors.
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The rules require exporters of certain drugs to get an NOC from importing countries—a small but much-needed step to restoring India’s credibility in the global pharma market.
For a country aspiring to be a superpower, with more than 250 million children in schools, India’s reluctance to participate in an international student assessment study is confounding.
Spread across 159 companies, the 50,000 dirham-each fine is a clear statement of intent: no trifling with the rules. Separately, a new tech listing in Alpha Data.