Thursday, 12 February 2015

NEWS WRAP - FEBRUARY 12, 2015

  • 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

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