- Adani Group's Carmichael coal project in Australia faces legal challenges from aboriginal landowners of the said land.
- Veena Jain posted as the Director General(News) of Doordarshan.
- Railways' IT department to be headed as Ex-NASSCOM chief Som Mittal.
- Workers at Tata Steel's UK unit vote in favour of strike against the change in pension policy.
- Chanda Kochhar of ICICI gets a 12% salary hike.
- FDA serves notice on actress Madhuri Dixit for her claims in Maggi Advertisement.
- Idea Cellular's CEO Himanshu Kapania elected as the chairman of Cellular Operators Association of India (COAI).
- Vodafone's stake in Bharti Airtel sold for Rs. 1280 crore in order to fulfill regulatory requirements.
- Lighting business of Philips India demerged to focus on LED business.
- Pushpanjali Crosslay's 76% stake acquired by Max Healthcare for Rs. 287 crore.
- Airlines asked to reserve 2 window seats for disabled people.
- Future Group hires Manjula Tiwari, Jabong's fashion unit head as a senior executive.
- Ministry of Corporate Affairs issues a notice for inspection of books to United Spirits; also a notice u/s 131 issued by Income Tax Department.
- GAIL (India) sells some of its US LNG to Europe's Royal Dutch Shell.
- Parag Kulkarni named as the Managing Director of AO Smith Corporation for Indian operations.
- Daimler India inaugurates its bus plant near Chennai; to export buses under the brand Mercedes Benz.
Source: Economic Times
- Chinese solar products maker JA Solar Holdings enters into an agreement with Essel Infra projects to set up a 500 MW solar power unit in India.
- UrbanPro, a local online service provider raises Rs. 100 crore from Nirvana Venture.
- Future Group to buy consumer products business of Grasim Industries on a slump sale basis.
- Indian Oil Corporation to infuse Rs. 1000 crore in Chennai Petroleum Corporation Limited for expansion.
- ICICI Bank launches voice password facility for users of phone banking facility.
- Manoj Mishra appointed as the Chairman & Managing Director for state owned National Fertilizers.
- Reliance Retail to borrow Rs. 4500 crore through term loans & debentures to built its e-commerce business.
- Central Board of Secondary Education (CBSE) gets legal notice from Sanskrit Shikshak Sangh (SSS) as private schools shun 3-language formula.
- SpencerStuart's chief executive India Anjali Bansal resigns; to be replaced by an internal successor.
Source: Economic Times
- ArcelorMittal & SAIL (Steel Authority of India Limited) sign a Memorandum of Understanding to set up an automotive steel manufacturing facility in India.
- Cipla enters into a pact to acquire 51% stake in Uganda Quality Chemicals for over USD 30 million.
- Honda Cars announce an investment of Rs. 380 crore to expand its production facility at Rajasthan.
- CCI (Competition Commission of India) orders probe against telecom major Ericson for an alleged abuse of its dominant position.
Source: Economic Times
- Investment worth Rs. 10,500 crore on urea plants in Assam & Jharkhand gets government approval.
- Punit Soni, Flipkart's chief product officer makes a personal investment in RazorPay, a payment gateway company.
- Mahindra & Mahindra signs a definitive agreement to purchase 33% stake in Mitsubishi Agricultural Machinery Company.
- Private Power producer CESC considers to invest Rs. 2000 crore to strengthen its distribution network.
- Cadila Healthcare in final stage of acquiring Claris Lifesciences for near Rs. 3400 crore.
- SBI ties up with Amazon to access financing for $ 22 billion Indian e-commerce market.
- Gaurav Gupta appointed as the Vice President Engineering for Snapdeal.
- Nipman Fastener enter into an agreement for auto-components with IC-Ryung.
- Honey well & Tata Power Delhi Distribution successfully implement first ever automated demand response project in India.
- Big Retailers including Shoppers Stop & Reliance Retail file a case against Central Government demanding equality on FDI (Foreign Direct Investment) with e-tailers.
- BSNL to allow customers to use their unused mobile data on next recharge.
- Essar Foundation enters into an agreement for Job Training with National Skill Development Corporation (NSDC).
- Union Textile Ministry to come out with schemes worth Rs. 427 crore to promote geo-technical textiles in North East India.
Source: Economic Times
- IRCTC enters into a Memorandum of Understanding with UPICO to impart catering training.
- Airtel raises $ 2.5 billion to expand data networks from Chinese banks.
- Centre allocates Rs. 5000 crore for development of AYUSH (Ayurveda, Yoga & Naturopathy, Unani, Siddha & Homeopathy).
- Haresh Mariwala of Marico joins TISS (Tata Intitute of Social Sciences) initiative to create awareness on mental health.
- Minerals & mining major Vedanta to refinance loans worth $ 1.6 billion in Indian Markets.
