LiveAIA group aims to raise stake in Tata AIA Life Insurance to 49 percent
On Monday, AIA group said that it will be raising stake in the life insurance venture with Tata group to 49 percent from the existing...
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Paytm has acquired Near.in for strengthening its presence in online to offline space
Paytm has acquired Near.in which is an online marketplace for hyper-local services. It has acquired Near.in in a cash-and-stock deal that is estimated at between...
Gilead Science aims to set up manufacturing unit in Hyderabad
Gilead Sciences, a research based company aims to set up a manufacturing unit in the proposed ‘Pharma City’. According to a press statement that has...
Tata Sons is going to acquire additional 0.22% stake in Titan
Tata Sons, which is the promoter of major operating companies of the Tata group, is going to acquire additional 0.22 percent stake in Titan Company...
Uber aims to raise $2.1 billion for investment in India, China
Uber, the app based taxi aggregator is planning to raise $2.1 billion in a funding round led by Tiger Global and other investors valuing the...
Telecom companies have suffered Rs 300 crore loss on Chennai floods
Telecom operators have suffered around Rs 300 crore of losses on account of unprecedented rainfall in Chennai and its surrounding areas. Rajan Mathews, director general...
SJVN signs MoU with Saurya Urja Co for solar parks
On Friday, SJVN has signed an agreement with Saurya Urja Company of Rajasthan Ltd for allocation of land in solar parks being developed by them...
GAIL has launched project for satellite monitoring of pipelines
The state run energy major GAIL and National Remote Sensing Centre, a unit of ISRO on the pipeline safety concerns, have launched an innovative surveillance...
PM modi announces the setting up of two railway engine factories in Bihar
On Friday, the Prime Minister Narendra Modi has announced that in Bihar, two railway engine factories will be set up. He said that “we are...
Sun Pharma has received USFDA approval for Gleevec
India’s largest drug maker Sun Pharmaceutical announced that it has got USFDA approval for generic copies of Gleevec, a drug that treats chronic myeloid leukemia...