Friday, 13 March 2015

NEWS WRAP - MARCH 13, 2015

  • 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

Thursday, 12 March 2015

NEWS WRAP - MARCH 12, 2015

  • 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

Wednesday, 11 March 2015

NEWS WRAP - MARCH 11, 2015

  • 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

Tuesday, 10 March 2015

NEWS WRAP - MARCH 10, 2015

  • 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

Monday, 9 March 2015

NEWS WRAP - MARCH 03, 2015

  • 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

Saturday, 7 March 2015

NEWS WRAP - MARCH 7, 2015

  • 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.
Source: Economic Times

Thursday, 5 March 2015

NEWS WRAP - MARCH 5, 2015

  • 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

Wednesday, 4 March 2015

NEWS WRAP - MARCH 4, 2015

  • 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

Tuesday, 3 March 2015

NEWS WRAP - MARCH 3, 2015

  • 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

Monday, 2 March 2015

NEWS WRAP - MARCH 2, 2015

  • 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