- China's FESCO selects Infosys to develop an innovative HR services platform.
- Hyundai to hike prices by up to Rs. 20,000 from Jan.
- GoAir regains at top spot, Indigo loses market share.
- States requested to provide free space for Mahila Bank's branches.
- India puts Tesco's multi brand FDI proposal on fast track.
- ADB approves $176 million loan for Jaipur Metro extension.
Source: Economic Times
- Tesco seeks nod to buy 50% in Trent, approaches DIPP to invest $110 million in Tata Co.
- Hitachi unveils Rs. 4,700 crore expansion plan by 2016.
- Blackstone restructures India operations, appoints Akhil Gupta as non-executive Chairman.
- Ashok Leyland sold 18 lakh equity shares in IndusInd Bank worth Rs. 75 crore.
Source: Economic Times
- Reliance Retail entered in partnership with Samsung to manage its after sales service.
- Snapdeal to launch own payment gateway.
- BSE to launch interest rate, equity derivatives with capital formation in mind.
- Railways may announce safety surcharge on tickets in coming budget.
- With growth in international travel, Rail Europe 4A expects 20% higher revenue in India.
Source: Economic Times
- Narayana Murthy may cut stint to 3 years if new Infosys CEO is named.
- Higher ATM security to push up bank costs.
- Air India likely to join Air Alliance within next 6 months.
- Torrent Pharma to buy Elder's drug business for Rs. 2000 crore.
- RBI restricts FIIs from purchasing shares in TATA as its foreign shareholding reaches trigger limit.
Source: Economic Times
- Delhi High Court asks Income Tax to unfreeze Nokia's Chennai plant.
- India's private airport developer GMR set to exit Istanbul Airport JV for Rs. 2,500 crore.
- Hilton Worldwide Holdings raises $2.35 billion in biggest-ever hotel IPO.
- Facebook will replace Teradyne in benchmark S&P 500 index.
- Bombardier and American Airlines in deal for up to 70 CRJ900 NextGen Aircraft.
Source: Economic Times
- HTC to launch mid to high range 4G phones in 2014.
- Japanese auto-maker Isuzu earmarks Rs. 3,000 crore in Chennai plant.
- Walmart to expand tech center at Bangalore as it takes on e-commerce rival Amazon.
- Increase in dealer's commission hiked LPG price by Rs. 3.46.
Source: Economic Times
- Alstom T&D India surges on bagging two orders worth Rs. 151 crore in Gujarat.
- ITC gears up for big FMCG sales push via paanwallahs.
- Nissan to kick-start online car sales in India.
- Dunkin' Donuts to renew menu to attract the younger crowd.
- PepsiCo ropes in exNokia MD Shivakumar as its Chief.
- SEBI revokes market access ban against 9 companies in Ruchi Soya share case.
- ArcelorMittal South Africa CEO to step down next year.
Source: Economic Times
- Capital market watchdog SEBI issues notice to 33 entities for alleged irregularities.
- SEBI to ease delisting norms for publicly listed companies desiring to go private.
- UP ranked as the biggest exporter of meat, pushing India to the top.
- Boardroom battle in the milk federation may disrupt marketing of Amul and Sagar.
Source: Economic Times
- GoAir takes Indigo to court over
name of booking site, claims business loss.
- Boardroom Battle: Amul chairman
voted out by 15:3.
- Birla anxious on Foreign Retail
Partner in retail sector.
- Emirates slashes fares by up to
20% for Indian honeymooners.
- Ashok Leyland offers VRS to 500
senior executives.
- Mahindra to build full-scale
hybrid SUV.
- Debt-laden Dubai World sells
Atlantis hotel to state firm.
Source: Economic Times
- Flipkart tops hiring charts at IITs, makes 118 offers
in three-and-half days.
- Reliance Retail to shut 16 of its 20 Apple iStores over
design row.
- Government likely to approve UK Sinha's second term as
SEBI chief.
- Aadhaar
project draws Investigation bureau's attention over issuing cards to refugees, foreigners.
- Wipro to exit hardware manufacturing business.
- Reliance Communications raises 3G internet rate by 26%,
cuts benefits by about 60%.
- India Infoline Housing to raise up to Rs 500 cr via
public issue of bonds.
- Promoter seeks to convert $262-mn FCCBs into Equity shares:
Essar Oil
- Windows based phones, tablet sales to touch 39.3 mn units by 2017: IDC
Source: Economic Times
