- CCI (Competition Commission of India) says no overlaps in SpiceJet - Ajay Singh deal.
- Bhushan Steel Ltd enters into sale & lease back agreements of its oxygen plants in Odisha.
- Tata Motors announces voluntary retirement scheme for its workers.
- SEBI cancels Sahara AMC (Asset Management Company) registration as portfolio manager.
- 800 KV HVDC (High Voltage Direct Current) plant in Vadodara to aid power-starved states, says Gujarat CM Anandiben Patel.
- IRCTC ties up with Amazon for online shopping.
Source: Economic Times
- Standard Chartered reshuffles its board; CEO Peter Sands and Asia head Jaspal Bindra among the executives quitting.
- WHO lauds India for its anti-smoking mechanisms.
- SEBI imposes Rs 86 crore penalty on DLF on account of failure in necessary disclosures in its IPO (Initial Public Offer) in 2008.
- Sudhir Valia, executive director of Sun Pharma plans to offer loans to strapped companies.
- Thai firm Onyx Hospitality enters into JV with hotel asset management firm Kingsbridge for setting 7 hotels in India.
Source: Economic Times
- SpiceJet receives Rs. 500 crore funding from new owner Ajay Singh as part of Rs. 1500 crore revival plan.
- Panel gives nod to Tata Motors, Mahindra & Mahindra's defence manufacturing proposals.
- Flipkart, Snapdeal, Myntra and others in talks with IPL team franchises for sponsorship opportunities.
- Bharti Airtel to raise $ 415 million through sale of shares of Bharti Infratel.
- BSNL invests Rs. 11000 crore to improve services: Telecom Minister Ravi Shankar Prasad
Source: Economic Times
- Creador Advisors buy 3.4% stake in P C Jewellers for Rs. 143 crore.
- Spouses of H-1B visa holders to get work permit in US.
- Snapdeal's Chief Technology Officer Amitabh Misra quits, plans to start his own venture.
- Supreme Court allows RBI to act against Sahara Group.
- K Inoue succeeds Hironori Kanayama operations to head Honda Cars India oprations
- Hitachi to buy Italy's Finmeccanica for over $ 2 billion.
- Mitsubishi acquires 34% stake in Indo Nissin Foods,the maker of Top Ramen noodles.
- HSBC Bank gets Income Tax notice; fears effect on its profitability.
- TRAI (Telecom Regulatory Authority of India) slashes 30% amount for inter-network calls.
- World Bank tells government not to interfere in power sector working.
Source: Economic Times
- iBall beats Samsung in the Indian Tablet Market.
- Future Group's Future Consumer Enterprise fully acquires Aadhar Wholesale.
- Hero Motor Company's Chief Executive Takanobu lto to step down; will be succeeded by Takahiro Hachigo.
- Private power utility Tata Power signs pact with Siberian Coal Energy Company.
Source: Economic Times
- Kotak Mahindra-ING Vyasa Rs. 15000 crore merger deal gets CCI (Competition Commission of India) nod.
- Central Bank to raise capital of Rs. 1617 crore by issuing equity to Government on preferential basis.
- Public Sector Unit (PSU) bank unions threaten 4-day nationwide strike from February 25 for wage-related demands.
- Indian-American Dhanurjay 'DJ' Patil named first US chief data scientist.
- PM Narendra Modi's pinstripe suit auctioned for Rs. 4.31 crore.
Source: Economic Times
- Nandan Nilekani, Rakesh Jhunhunwala jointly invest Rs 100 crore in an entity that owns Cafe Coffee Day.
- Power Grid Corporation bids for two transmission lines worth Rs. 6000 crore.
- YouTube to release Android app for kid friendly viewing on February 23, 2015.
- Demerger plan of Crompton Greaves consumer products business gets board's approval.
- Hero MotorCorp promoter Hero Group further divests shares worth Rs. 945 crore.
Source: Economic Times
- Employees' Provident Fund Organization (EPFO) launches drive to help activate over 8 crore inoperative accounts.
- Snapdeal buys fashion portal Exclusively.com, expands in luxury segment.
- YouTube to launch paid music service YouTube Music Key in a few months.
- High Net worth Individuals (HNIs) get notices from taxman to pay advance tax before March 15.
- Multi-city accelerator GSF partners with Cisco to speed up cloud and Internet-of-Things (IoT) startups.
Source: Economic Times
- Reliance Jio beats Bharti Airtel, Vodafone and Idea Cellular in Earnest Money Deposit for Spectrum Auction; puts in the maximum amount of Rs. 4500 crore.
- Supreme Court moots separate Prasar Bharati channel for live telecasting of World Cup.
- Maharukh Adajania named Director in the Equity Research team of IDFC Securities.
- World Cup 2015: Dinner with Sachin Tendulkar in Sydney Restaurant priced at 1500 to 3000 Australian Dollars.
- Blackberry sues Ryan Seacrest's keyboard startup typo again.
Source: Economic Times
- India born Punit Renjen to be Deloitte Global CEO.
- Indian Oil Corporation to invest Rs. 7812 crore for expansion.
- Madhuri Dixit & Salman Khan roped for Global Endorsements by Pune based P N Gadgil Jewellers.
- Delhi Metro to go paperless.
- Government to infuse Rs. 870 crore in Punjab National Bank.
- Lance Armstrong loses $ 10 million in arbitration ruling.
- Directorate of Revenue Intelligence (DRI) issues show cause notices to Canon, Nikon, Sony alleging tax evasion.
- Tatas face objection over registration of 'Vistara' trademark.
- Infosys buys automation tech company Panaya valued at $ 200 million.
- Zee group firm Ten Sports bags the broadcast rights for the world championship of motorcycle racing 'MotoGP' in 5 years.
Source: Economic Times
- Sun Pharma founder Dilip Sanghvi to invest $ 290 million in turbine maker Suzlon.
- Uber launches chopper service for couples on Valentine's day.
- Snapdeal looks to raise Rs. 2500 crore at a valuation of $ 5 billion.
- Johnson & Johnson's 'Savlon' & 'Shower to Shower' brands acquired by ITC.
- Cipla awarded $ 188.95 million tender by GlobalFund for ARV drugs to treat HIV/AIDS.
- Radio Mirchi to buy Oye FM from TvToday Network.
- Ashok Goel, promoter of ItzCash commits Rs. 100 crore investment for payment bank forays.
- Big Pharma grouping urges US to ask to India to change its IPR (Intellectual Property Rights) policies.
- 100-mw wind power project awarded to Gamesa in MP by CLP India.
- ICICI bank ties up with UAE to offer an instant money transfer.
- Aditya Birla Group set to launch online fashion retail venture.
Source: Economic Times
- Anil Ambani led Reliance Group forays into defence manufacturing sector.
- Mahindra & Mahindra to acquire Pipavav Defence in Rs. 3000 crore deal.
- SpiceJet announces 'Flash Sale', tickets starting from Rs. 599 for domestic flights & Rs. 3499 for international flights.
- Zomato invests Rs. 300 crore in online food business.
- Volkswagen closes two India sales offices to cut costs.
- E-tailers turn sponsors: Amazon to sponsor India Fashion Week.
- Infosys makes its first start up investment , puts $15 million in Dreamworks spin-off.
Source: Economic Times
- Bookmyshow buys majority stake in Banglore based start-up Eventifier for $ 2 billion.
- Supreme Court allows Doordarshan to show India-Pakistan World Cup match; stays Delhi High Court order.
- Star India's wholly owned subsidiary Novi Digital Entertainment bags media rights for next three IPL seasons.
- Adani Reality in partnership with US' Brahma Management to build a 150-acre township in Gurgaon.
- Punjab National Bank, Oriental Bank of Commerce raise Rs. 1500 crore to meet Basel III norms on capital adequacy.
- MakeMyTrip's Amit Somani joins AngelPrime,a seed stage venture capital fund.
Source: Economic Times
- Government starts the sale process of helicopter operator Pawan Hans; hires SBI Caps as its advisor.
- Star India seeks Rs. 25 lakhs for a 10 second ad-slot during India-Pakistan ICC World Cup tie.
- With FDI (Foreign Direct Investment) in Railway, Canada's transportation giant Bombardier eyes key projects worth $7-8 billion in India.
- Amazon to start its own fashion labels to compete with rivals including Myntra & Jabong.
- Facebook to launch free mobile net app for Reliance Communication users.
- Government moves to Supreme Court for World Cup 2015 telecast rights for DD.
- Inox Wind bags 116 mw contract from Green Infra.
- Damyant Singh appointed as the new Brand Director in Addidas India.
- Jet Airways takes on Vistara offering more free miles on similar routes.
- Ashiana Housing launches Rs. 200 crore via QIP to fund new projects.
- Ravi Jaipuria's RJ Corp to acquire health startup iClinic to merge it with Diagno Labs.
- Uber cabs to introduce new 'panic button' safety feature in India.
- Aditya Birla Group sues Indian Express for Rs. 1000 crore alleging serious reputation damage.
- Sumit D. Chowdhury exits as Reliance Jio Infocomm president.
- SBI to partner with RIL to apply for payments bank license.
- Jet Airways to clear Rs. 120 crore pilot salary arrears.
- Companies set to back 20,000 megawatts of solar energy as a part of Government's Clean Energy Initiative.
- Britannia to enter into new non- biscuit businesses; CEO Varun Berry to finalise the plan.
- iGate's chief accounting officer Prasanth Idgunji quits.
- Stringent penalties including imprisonment up to 10 years in the Companies Act, 2013 leads Statutory Auditors to ask companies to keep their records up to date.
- Alibaba enters India's e-commerce space with 25% stake in Paytm owner One97.
- US President Barack Obama appoints Indian CEO Ajay Banga to a key managerial position.
- Online mobile recharge platform Freecharge raises $ 80 million from Valiant Capital, Tybourne Capital and Sequoia.
- Twitter & Google strike a deal to show tweets in Search Results.
- Manoj Kohli resigns from Board of Bharti Airtel.
- Big Brand Houses including Shoppers Stop, Lifestyle International & Spencer's planning to sell their products on E-commerce sites like Amazon & Flipkart.
- Indian Jewellery store Kalyan launches its first Goldback card in UAE.
- Mahindra Group completes the acquisition of Accel Partners & Tiger Global backed BabyOye.
- Now, no Certificate of Commencement required for private companies to commence business.
- Petrol price cut by Rs. 2.42 per litre; Diesel by Rs. 2.25 per litre.
- Electronic majors including Sony & Panasonic lift ban on online sale of their products with huge discounts.
- Tata Group - AirAsia Joint Venture plan to launch red eye flights shall operate during midnight & early morning to bring down the air fares.
- Micromax leads the mobile market in India beating Samsung.
- Ex-Ford India MD Arvind Mathew replaces Chetan Maini as Reva's CEO.
Source: Economic Times
- Top executives from Google, Facebook, Twitter & Salesforce to be hired by Snapdeal.
- Haldiram's leads Indian snack market with a revenue of Rs. 3,500 crore; beats the combined sales of McDonald's and Domino's.
- HDFC Bank to raise Rs. 10,000 crore through a combined approach of Qualified Institutional Placements (QIPs) & American Depository Receipts (ADRs).
- As a part of Jan Aushadhi Initiative low cost generic government drugs to be available from July 1.
- Reliance Industries, Aditya Birla Group, Bharti Airtel & others seek RBI license to set up payment banks.
- MRPL (Mangalore Refinery and Petrochemicals Limited) buys Iraqi Basra oil to replace Iran oil.
- Ashok K. Agrawal is the new General Manager of Southern Railways.
- Baby care products e-tailer raises $ 26 million funding from Valiant Capital.
- Adani Power aims for all 6 coal mines reserved for power sector.
- Healthcare entities including Manipal Hospitals & Narayana health go together to accelerate Health Tech start ups in India.
- US based firm Rentrack to guide Indian filmmakers about accurate movie ticket sales.
- CCI directs Price Waterhouse & Co. to monitor the divestment process of Sun-Ranbaxy drug brands.