India: News

13 Sep 2016

Tamil Nadu

Dixcy Textiles looks to raise Rs.300 crore from investors

Innerwear brand Dixcy Textiles is looking to raise funding of about Rs.300 crore from a pool of private equity investors, according to reports.

13 Sep 2016

LinkedIn

LinkedIn eyes India expansion, introduces three new products

The social networking site LinkedIn announced that it would be launching three new services in India to help expand its access to the market.

12 Sep 2016

Infosys

Nandan Nilekani's impetus to a dozen startups

Nandan Nilekani, co-founder of Infosys, has invested $50 million in 11 start-ups in a little more than a year and has committed to investing $25 million more.

Three IPOs to hit Indian markets in September

Three Indian firms are set to be listed this month, helping raise a whopping Rs.7,000 crore during their initial public offering (IPO).

12 Sep 2016

Ravi Shankar Prasad

Rajnath Singh to visit Hungary in outreach initiative

India's Home Minister is scheduled to visit Hungary as part of an outreach initiative that the government has adopted to help strengthen bilateral ties.

10 Sep 2016

Dawood Ibrahim

Call intercepts indicate Dawood laundering money for eminent Indians

Indian intelligence officials have discovered telephonic intercepts that implicate Dawood of round-tripping money for white-collared people of India.

SEBI issues circular against crowdfunding platforms

SEBI has reportedly issued an investor-warning circular to equity crowdfunding platforms that help start-ups, questioning their legality.

09 Sep 2016

ICICI Bank

ICICI Bank deploys 200 robots for internal jobs

ICICI Bank announced the launch of robotics within the bank's services, to support and process transactions for the bank.

09 Sep 2016

Anand Mahindra

Ola strikes Rs.2,600 crore deal with Mahindra

Online cab aggregator, Ola Cabs, announced a partnership with Indian automaker Mahindra and Mahindra on Thursday.

Top IT firms lose Rs.47,000 crore in market capital

India's top five IT firms saw a whopping Rs.40,000 crore loss in their market value during 8th Sep's trade.

08 Sep 2016

Narendra Modi

India, Russia likely to sign another mega defence deal

Bilateral talks between India and Russia gained momentum as another mega defence deal between them seems likely.

08 Sep 2016

Business

Ashok Leyland exits partnership with Nissan Motors

After a marriage of nearly nine years, Japanese automotive giant Nissan and Hinduja-led Ashok Leyland decided to exit the partnership that was formed in early 2008.

07 Sep 2016

Delhi High Court

Delhi HC orders Britannia to pack up digestive biscuits

The Delhi High Court ordered Britannia Industries to withdraw from the market its range of NutriChoice Digestive Zero biscuits.

07 Sep 2016

UNICEF

Education to propel progress towards global goals

UNESCO's latest Global Education Monitoring Report reflects education's massive potential to propel progress towards the SDGs and a major transformation that's currently lacking.

07 Sep 2016

Tamil Nadu

Vedanta Group set to invest Rs.3,000 crore in Tuticorin unit

Indian metals and mining behemoth, Vedanta Group, is set to invest a massive Rs.3,000 crore at its Tuticorin unit.

06 Sep 2016

India

Rajasthan's copper mine auction finds few takers

The first auction in the country held for copper mines in Rajasthan saw few takers during the auction.

RBI looks to explore Islamic banking and finance

The Reserve Bank of India proposed measures to adopt interest-free banking that will open Islamic finance in India, tackling banking exclusions pitched under religious reasons.

04 Sep 2016

KPMG

Report predicts boom in Indian music industry

Consultancy firm KPMG and the Federation of Indian Chambers of Commerce and Industry (FICCI) released a report based on information provided by the Indian music business sources predicting a boom in the industry.

04 Sep 2016

Narendra Modi

PM Modi meets Xi Jinping to discuss bilateral ties

India's Prime Minister Narendra Modi met China's President Xi Jinping ahead of the G20 leaders summit at Hangzhou.

DLF exits the cinema business

India's largest real estate firm, DLF has been offloading its cinema business in tranches.

03 Sep 2016

Narendra Modi

India and Vietnam increase cooperation across various sectors

Prime Minister Narendra Modi, who is on a two day visit to Vietnam, said both countries recognized the growing need for cooperation in order to respond to emerging regional challenges.

02 Sep 2016

Tata Power

Tata Power signs deal with Lockheed Martin JV

Lockheed Martin's joint venture company with Raytheon, Javelin Joint Venture, signed a deal with Indian power conglomerate Tata Power.

02 Sep 2016

New Zealand

Invest Rs.10 crore, get Indian residency

In a policy aimed at wooing foreign investors, the Indian government announced that foreign investors bringing in a minimum of Rs.10 crore capital will be be eligible for permanent residence status.

31 Aug 2016

Business

India's largest spectrum auction slated for 1 October

India's largest telecom spectrum auction by far is slated for 1 October, postponed from the previous date of 29 September.

Brexit heat hits India's corporate giants

After Britain's exit from the EU, there was much talk about the impact of the referendum on Indian companies.

30 Aug 2016

eBay

India beating China in the world of operating systems

While China has failed to come out with a successful regional operating system, India's indigenous Indus OS has shown phenomenal growth in the last 2 years.

30 Aug 2016

Independence Day

Drones deployed to ease traffic on Mumbai-Pune Expressway

In a first, the Maharashtra Government has deployed drones to monitor traffic on the Mumbai-Pune Expressway over the weekend on a trial basis.

29 Aug 2016

Arvind Kejriwal

Union Minister's advice for female foreign tourists

Union Minister, Mahesh Sharma, advised female foreign tourists to be aware of cultural differences between India and the Western world and be mindful of their clothing.

29 Aug 2016

Sachin Tendulkar

Hockey legends protest, demand Bharat Ratna for Dhyan Chand

On Sunday, several former hockey legends assembled at Jantar Mantar to reiterate the demand of awarding Bharat Ratna to Dhyan Chand posthumously.