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Anshu Jain to step down as co-CEO of Deutsche Bank; India innings on the cards?

General

08 June, 2015

Anshu Jain to step down as co-CEO of Deutsche Bank; India innings on the cards?

Anshu Jain and Jurgen Fitschen, co-CEOs of German financial powerhouse Deutsche Bank, have decided to step down from their roles ......

Kotak Mahindra inks pact with ING Bank for cross-border investment advisory

General

05 June, 2015

Kotak Mahindra inks pact with ING Bank for cross-border investment advisory

India’s fourth-largest private bank Kotak Mahindra Bank Ltd (KMBL) and Dutch lender ING Bank have signed a Memorandum of Understanding ......

Burman family become franchisee partner for Taco Bell in north India

Consumer

05 June, 2015

Burman family become franchisee partner for Taco Bell in north India

Gaurav Burman, a scion of the group running consumer goods maker Dabur India and co-founder of India-focused PE firm Elephant ......

Starlit Power to form JV with China's Guangdong Dynavolt to manufacture batteries in India

Manufacturing

05 June, 2015

Starlit Power to form JV with China's Guangdong Dynavolt to manufacture batteries in India

Delhi-NCR-based Starlit Power Systems inked a joint venture with a Chinese motorcycle and UPS battery manufacturer, Guangdong Dynavolt Technologies to ......

Infosys names R Seshasayee as non-executive chairman; KV Kamath steps down

TMT

05 June, 2015

Infosys names R Seshasayee as non-executive chairman; KV Kamath steps down

IT services major Infosys Ltd has appointed R Seshasayee, a veteran with Hindujas-controlled commercial vehicles manufacturer Ashok Leyland, as non-executive ......

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Delhi pips Mumbai again as top Indian city as magnet for FDI; Mauritius back as top route

General

05 June, 2015

Delhi pips Mumbai again as top Indian city as magnet for FDI; Mauritius back as top route

Foreign Direct Investment (FDI) in India rose by a quarter to $44.88 billion last fiscal, the second-highest level ever as ......

Vishal Bali co-founded Medwell raises $10M from Fidelity Growth, Fidelity Biosciences

Healthcare

04 June, 2015

Vishal Bali co-founded Medwell raises $10M from Fidelity Growth, Fidelity Biosciences

Bangalore-based specialty home healthcare services company Medwell Ventures Pvt Ltd has raised $10 million (Rs 64 crore) in its Series ......

Flipkart promotes marketplace head Ankit Nagori as chief business officer

TMT

04 June, 2015

Flipkart promotes marketplace head Ankit Nagori as chief business officer

India’s largest e-commerce firm Flipkart has appointed its marketplace operations head Ankit Nagori as chief business officer, a new role ......

Bharti Airtel raises $1B in oversubscribed debt issue

TMT

04 June, 2015

Bharti Airtel raises $1B in oversubscribed debt issue

Bharti Airtel Ltd, the country's top and the world's fifth largest telco by subscriber numbers, has raised $1 billion by ......

Aditya Birla Nuvo forms 51:49 health insurance JV with South Africa's MMI

General

04 June, 2015

Aditya Birla Nuvo forms 51:49 health insurance JV with South Africa's MMI

Aditya Birla Nuvo Ltd (ABNL), part of Kumar Mangalam Birla-controlled diversified business conglomerate Aditya Birla Group, has entered into an ......

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