- Tiger Global Management sells 3.4% stake in classifieds website Justdial for Rs. 300 crore.
- Videocon d2h extends its association with Mumbai Indians for one more season of IPL (Indian Premier League).
- Oricon buys 70% of Oriental Containers for Rs. 105 crore.
- Pidilite to invest about Rs. 100 crore in Nina Waterproofing.
- Ashok Leyland sells its entire holding in Czech arm for $10.96 million.
- Coca-cola to buy 10% equity stake in Mahesh Bhupati promoted International Premier Tennis League.
- Suit filed against Vijaypat Singhania, owner of Raymond Group questioning a family settlement of 1998 by four of his grand children.
- Textile maker Arvind Lifestyle Brand Ltd. to pay $ 3.2 million to US based Ralph Lauren to settle a lawsuit.
- Huawei secures a 3 year worth Rs. 93 crore deal from Tata Teleservices to upgrade wireline network.
- Government approves IndiGo Airlines' plan to increase it fleet size by 400 planes by 2025.
Source: Economic Times
- HDFC Standard Life to raise Rs. 2400 crore by selling 10% stake to public through an IPO.
- PepsiCo launches 7UP Revive Brand in India.
- Shobana Kamineni appointed as an Independent & Non-Executive director in the board of Hero MotorCorp.
- Cummins to hire 500 engineers for global Research & Development centre in Pune.
- Indiabulls Housing Finance raises $150 million from Qatar National Bank Group under External Commercial Borrowings (ECBs).
- Amazon launches kirana stores calling it Kirana Now in partnership with mom-and-pop stores.
- Apple's Chief Executive Tim Cook to donate his estimated $785 million fortune to charity.
- Retro tax law not applicable on dividends by foreign firms.
- Barack Obama nominates Indian-American as the next US ambassador to Sri Lanka and Maldives.
- Balasubramanian Ganesh, a former Wipro executive joins HSBC as deputy global chief information officer.
- DGCA (Director General of Civil Aviation) gives flying permit to Banglore based Air Pegasus.
- Venture Capital Fund Accel Partners raise a new fund worth Rs. 1,890 crore.
- IRCTC launches RuPay prepaid debit card service.
- NBFC (Non Banking Financial Company) Capital First raises Rs. 300 crore through Qualified Institutional Placement.
- Singapore-based Parkway Hospitals acquire 51% stake in Hyderabad's Continental Hospitals for Rs. 282 crore.
- Amazon sets up its own logistics company in India for better delivery services.
- SpiceJet reaches an out of the court settlement with an Irish lessor.
- Syndicate Bank raises Rs. 400 crore by issuing bonds.
- Andhra Pradesh allots 592 acres land for Hero Motor Corp's new plant.
Source: Economic Times
- Uber signs strategic deal with Times Internet for India expansion.
- Amazon launches designer clothing store to take haute couture to streets.
- Quikr in talks with MobiKwik, Paytm for in-site payment options on its platform.
- Sun-Ranbaxy $4 billion deal: US anti-trust regulator FTC passes final order.
- Rajan Kolhi to head Wipro's digital business Wipro Digital.
- Fabindia plans to sell organic produce online.
Source: Economic Times
- Swati Mohan appointed as the new business head for Fox International Channels (India).
- Indian Railways' Innovation Council 'Kaya Kalp' to be headed by Ratan Tata.
- PM Narendra Modi appointed as the new Chancellor of Vishwa Bhartiya University.
- Mahindra Group's First Choice Wheels raises Rs. 94 crore from Valiant Capital.
- Ravi Shastri enters the board of board of India Resources.
Source: Economic Times
- National Green Tribunal announces Rs. 5000 fine for littering on railway property.
- ICICI Bank exits Russia; sells subsidiary IBEL to Sovcombank.
- IPL-8 gives Cricket World Cup a run for its advertising money; spots selling for Rs. 4.75-5 lakh.
- Meru Cabs in talks with Valiant Capital and Falcon Edge Capital to raise Rs. 627 crore.
Source: Economic Times
- Unilever's Tresemme overtakes P&G's Pantene in the shampoo market.
- Rs. 200 crore invested in Parksons Packing by Kedaara Capital.
- Confederation of India Industry (CII) entered into an agreement with Global technology firms Hiatachi and Siemens for Smart City initiative.
- Microsoft allows free updates to Windows 10 including non-genuine users to tackle piracy issues.
- Aamir Khan roped as the new brand ambassador for Snap Deal.
Source: Economic Times
- Shareholders of Indian Hotels approve Rs. 18.4 crore pay for MD Rakesh Sarna.
- Tata Motors to supply 4000 buses under national urban renewal mission.
- US-based Mirach Capital to file $ 400 million defamation suit against Sahara group.
- Supreme court permits Reliance Group to charge higher fares for Mumbai Metro.
- IndiaGo Airlines to launch 16 new flights on domestic routes.
Source: Economic Times
- Abid Ali Neemuchwala appointed as the new group president & Chief Operating Officer at Wipro.
- US shoemaker Crocs ends its exclusive deal with Chigori Retail; plans to open 60 stores in 3 years.
- Legal notice served to 300 firms by Mafatlal Industries alleging logo misuse.
- Air India questioned by CAG (Comptroller & Auditor General) regarding sale of its five Boeing 777s at loss to Etihad in 2013.
Source: Economic Times
- Abid Ali Neemuchwala appointed as group president & Chief Operating Officer at Wipro.
- US shoemaker Crocs ends its exclusive deal with Chigori Retail; plans to open 60 stores in 3 years.
- Legal notice served by Mafatlal Industries to 300 firms for logo misuse.
- Air India questioned by CAG (Comptroller & Auditor General) regarding sale of its five Boeing 777s at loss to Etihad in 2013.
Source: Economic Times
- Securities Appellate Tribunal rules in favour of DLF; slams SEBI for 'miscarriage of justice'.
- Last chance to Sahara to raise Rs. 6000 crore to negotiate deal for Subrata Roy's release: Supreme Court
- Twitter buys livestream app maker Periscope.
- Wipro ties up with Nexthink for enhanced compu-tech solutions.
- Non-executive director, Sanjay Nayar resigns from Bharti Infratel Board.
- Facebook buys shopping search engine TheFind to boost advertising business.
- 'Skill up India' online education portal launched in Gujarat.
Source: Economic Times
- Kalyan Jewellers to go for expansion worth Rs. 800 crore.
- Mawana Sugars close down all of their mills in Uttar Pradesh.
- Dr. Datson Lab bags Rs. 120 crore order to produce cancer drugs.
- Rohan Murthy to set an innovation lab in Boston to work on automation & artificial intelligence.
- New Guidelines issued by IMA (Indian Medical Association) on the use of pain killers.
Source: Economic Times
- India to develop strategic assets in two of Mauritius & Seychelles islands in the Indian Ocean .
- Indian Premier League's strategic timeout to be sponsored by CEAT Tyres.
- Paytm & Mahindra Two wheelers tie up for online selling of Mahindra's Bike & Scooter.
- Supreme court resumes hearing on six Hydropower projects in Uttrakhand.
- Bangalore based Moonfrog Labs raises $ 15 million from New York based Tiger Global Management & Sequoia Capital.
Source: Economic Times
- Star India acquires film magazine 'Screen' from Express Group.
- Super speciality eye care chain Eye-Q receives Rs 60 crore funding from IFC, Helion and Nexus.
- Pawan Hans to spend about Rs 560 crore to raise fleet size to 12 aircrafts.
- Air India leaves 200 passengers stranded in Delhi Airport with its flight getting cancelled.
- Adani & GVK get Australian Government's approval for expanding their coal port.
Source: Economic Times
- Private equity firm Xander Advisors India invests Rs. 280 crore in Pune realty project.
- Sajjan Jindal-led JSW Steel to shut Chile mines for some time owing to low profitability.
- Honda stops dispatches at Greater Noida factory on account of car damage due to the paint fumes from adjoining plant.
- Bharat Biotech unveils its first India-made Rotavirus vaccine.
Source: Economic Times
- Reliance Entertainment to form joint venture with Phantom Films.
- KPMG acquires Indian arm of Spanish boutique advisory firm AF- Mercados.
- Cairn India gets Directorate General of Hydrocarbons approval for gas production in Rajasthan block.
- Hukuhodo Percept bags Maruti Suzuki's advertising campaign for their new launch worth Rs. 100 crore.
Source: Economic Times
- Flipkart aquires mobile ad network AdlQuity to beef up its advertising muscle.
- National Payments of Corporation of India (NPCI) links 15 crore bank accounts with Aadhar number.
- Bar Council of India issues show causes notices to lawyers for anti-women remarks.
- Microsoft seeks US injunction against Kyocera cell phones.
- Reliance Infra enters into defence sector with the acquisition of Pipavav Defence for up to Rs. 2,082 crore.
- Coke to sell Maaza & other products in small sachets.
- Indian Bio Tech firm Stempeutics Research gets US Process Patents for its novel stem cell drug.
- Government launches public contest for suggestions for PMO mobile app.
- Viacom 18 to license its brand colours to five ETV Regional Channels; gets ministry's approval.
- Reliance Industtries seeks Shareholders approval to make major forays into the online retail space.
Source: Economic Times
- Essel group buys Rs 304-crore bunglow in Lutyens' Delhi.
- Apollo Hospitals brings in external consultants to spell out roles for third generation of Reddys.
- Bharti Airtel enters into partnership with China Mobile to develop 4G technology, buy devices & equipments.
- SAIF Partners raises $350 million for New India Fund.
- Home appliances maker Orient Electric appoints Rakesh Khanna as CEO.
Source: Economic Times
- India's first swine flu diagnostic kit developed by Bengaluru based Molbio.
- YouTube bans content creators from tying up with advertisers without intimating the company.
- Airtel extends its service contract with Ericsson by another two years.
- China and South Korea to buy coal from Adani Group's Australia Mine.
- Hyderabad based Natco Pharma ties up with Gilead Sciences for Hepatitis C drug.
Source: Economic Times
- McKinsey director Saikiran Krishnamurthy hired by Flipkart as Chief Operating Officer of commerce division.
- Delhi Metro adds 17 trains, daily trips up by 104 and waiting time down by 15 seconds.
- Hike in excise duty leads handset makers like Lava & Intex to increase prices by up to 5% .
- State-run oil firms including ONGC & Oil India to invest over Rs. 76,565 crore on project expansion during 2015-16.
Source: Economic Times