- Kansai Nerolac Paints take Noel Tata of Tata Group and 2 others on board as Independent Directors.
- As per TRAI, maximum billing disputes arise against Vodafone, Idea, Tata & BSNL.
- SpiceJet's 'Super Sale' a huge success; extended further by two days.
- Samsung Electronics to buy Brazil printing solutions firm.
- Board of Adani Group approve de-merger of ports, power, transmission and mining business.
Source: Economic Times
- Corporate Debt Restructuring Cell clears Venus Remedies debt recast proposal.
- E-commerce to be regulated by nine government agencies including RBI, Home Ministry and Finance Ministry.
- French vaccine manufacturer Sanofi to set an insulin production facility in Telangana worth Rs. 460 crore.
- SpiceJet board approves upto $ 243 million share sale plan.
- GlacoSmithKlein's consumer president Emma Walmsley makes a pitch for Swasth Bharat.
- Rico Auto board approves transfer of investment in 3 units.
Source: Economic Times
- Amazon to offer Business E-mail directly competing with Microsoft.
- HDFC bank gets CCEA (Cabinet Committee on Economic Affairs) nod to raise Rs. 10,000 crore.
- Olacabs to buy TaxiForSure for around Rs. 1250 crore to have a competitive advantage.
- S Jaishankar made the new Foreign Secretary replacing Sujatha Singh.
- Infrastructure Finance Company IDFC & IDFC Bank get approval for a scheme of arrangement from RBI.
Source: Economic Times
- Advertising industry watch dog ASCI (Advertising Standards Council of India) upholds complaints against 62 advertising campaigns including that of Bajaj Auto, Snap deal and P&G.
- Rights shares worth Rs. 7500 crore to be issued by Tata Motors.
- Kunal Jeswani is the first CEO at Ogilvy & Mathews India.
- Vishakhapatnam Port Trust outlines a Rs. 3000 crore plan with PPP (Public Private Partnership) model to expand its cargo-holding.
- Auto classified portal - CarDekho launches Rs 307 crore in its fresh round of funding.
- RBI signs MoU with Banco Central do Brasil on information exchange.
- AirAsia India & SpiceJet offer lowered advance fare.
Source: Economic Times
- Third Shangri-La Hotel worth Rs 600 crore to be built by Adarsh Group in Bengaluru.
- Uber to pay Rs. 90,000/- monthly as guaranteed incentive to its drivers.
- CBI registers a fresh case against Hindalco under the coal scam investigation.
- Norway's Telenor and Britain's Vodafone to apply for payment banking permits in India.
- Same day express parcel service launched in Jammu & Kashmir by Department of Posts.
- Jet Airways & Etihad Airways launch discounted fares on account of Republic Day.
Source: Economic Times
- Dreamworks Animation to cut 500 jobs to make 2 movies per year.
- Flipkart to invest $ 10 million in new servers from Dell to revamp its technology.
- UltraTech Cement directs portals to stop selling its brands online with big discounts.
- Government to offer free wifi with an investment of Rs 7000 crore in 2500 cities and towns over a 3 year period.
- Uber resumes its services in Delhi after a 1.5 month ban.
- US based FDA bans Ipca labs due to violations of standard production practices.
- As a debt reducing measure, Suzlon agrees to sell its German unit for $ 1.16 million in an all-cash deal.
- Government not to auction any additional 3G Spectrum.
- Mobile messaging App WhatsApp now accessable from Web Browser.
- Federal Aviation Authority (FAA) gives nod for upgrading Indian Aviation Industry from category II to category I considering Obama's visit in India.
- Mumbai Airport Authority asks SpiceJet to clear its dues worth Rs. 25 crore along with a bank guarantee of Rs 15 crore.
- Twitter to buy ZipDial in first Indian start-up acquisition.
- A new social savings bank account named JiFi Saver launched by Kotak Mahindra.
- Increasing E-commerce business creates a significant demand for ace delivery boys.
- Government directs Air India to hire 800 cabin-crew members.
- Lafarge India to buy-back its 14% stake from Barings Asia.
- Maharashtra Government waives off stamp duty on affidavit and domicile certificate.
- SEBI imposes a fine of Rs. 11 lakh on 7 companies for non-compliance of investor related matters.
- India & South Africa sign a pact for developing youth enterprise.
- IITs and ONGC to collaborate for Research and Development on Energy.
- TCS is the first IT corporate to have the highest net profit; overtakes RIL.
- GIC & IFC commits to invest Rs. 1600 crore in soon to be launched Bandhan Bank.
Source: Economic Times
- Fields Medalist Manjul Bhargava to lead Prime Minister's teach in India programme.
- Taxi agreegator Olacabs hires background verification firm Authbridge for drivers verification.
- Advertising Club's Effie Awards name Ogilvy & Mather as the agency of the year.
- Xiomi to buy Tencent's stake in software company Kingsoft.
- Indian American Frank Islam presented with prestigious Marthur Luther King Award.
- Top fashion designers including J J Valaya and Rohit Behl to now go online with affordable ready to wear.
- Bajaj Electricals & Cisco to bid jointly for Government's Smart City Initiative.
Source: Economic Times
