- 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
