- 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.
