Anuradha Verma
Consumer
Samsonite eyes acquisition of local brands in India
Global luggage products maker Samsonite International is setting its sights on acquisition of local brands in India to boost its ......
Manufacturing
Bharat Forge sells entire 51.85% stake in Chinese JV to local partner for $28.2M
The world's second-largest forgings company Bharat Forge Ltd, a part of diversified business conglomerate Kalyani group, has offloaded its entire ......
General
Govt defers decision to dismantle SUUTI
The Union Cabinet has decided to defer the earlier decision to wind up operations of Specified Undertaking of UTI or ......
Others
Aam Aadmi Party floats mass membership programme, targets 10M members by January 26
Arvind Kejriwal, Delhi's new chief minister and leader of Aam Aadmi Party, has launched nation-wide free membership drive under 'Main ......
TMT
BSNL and MTNL to get $1.8B refund for surrendering 4G spectrum
The Union Cabinet has allowed the cash-strapped state-run telecommunications firms Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd ......
Healthcare
Govt retains 100% FDI in pharma but says non-compete clause for sellers only in special cases
The Indian government has decided to retain the existing policy for foreign direct investment (FDI) which allows 100 per cent ......
TMT
Carnival Group plans to invest $65M to expand multiplex chain
Multiplex chain Carnival Cinemas, which is a part of Carnival Group, is planning to invest around Rs 400 crore ($65 ......
General
RBI raises loan-to-value ratio for gold loan firms to 75%
The Reserve Bank of India (RBI) has raised the loan-to-value (LTV) ratio for the non-banking finance companies lending money against ......
General
Milestone Capital ropes in Alok Aggarwal as head of real estate investment vertical
Private equity fund house Milestone Capital Advisors has roped in Alok Aggarwal from SUN-AREA Property Partners, as a managing partner ......
TMT
Telenor appoints Morten Karlsen Sorby as CEO of Uninor; Indian arm achieves cash break-even
Norwegian telecommunication giant Telenor has appointed Morten Karlsen Sorby, currently the head of strategy and regulatory affairs of the group, ......
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