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India’s pharma industry expected to grow to $55 bn by 2020

India's rapidly growing pharmaceutical market is expected to grow to $55 billion by 2020 and emerge as the sixth largest globally by size, said...

Meru Cabs raises from Rs 150 cr from Brand Capital

Taxi service provider Meru Cabs has raised Rs 150 crore (USD 25 million) from Brand Capital, the investment arm of Bennett Coleman and Co...

Essar may sell another 25% in oil subsidiary

NEW DELHI: Essar Group is exploring the sale of its 405,000 barrel-per-day oil refinery in Gujarat, as the conglomerate seeks funds to reduce its...

Bharti Group in talks to exit insurance business

The Bharti Group has many times in the past mulled selling its stake in Bharti AXA Insurance, though only now the Group believes it...

Cisco to partner startups, cos for smart solutions

Technology giant Cisco today announced its new 'LaunchPad' initiative under which it will partner with developers and enterprises in India to co-develop smart solutions. "Cisco's...

Cabinet clears recommendations of 7th Pay Commission

New Delhi, Jun 29 (PTI) Recommendations of the 7th Pay Commission got the Cabinet nod on Wednesday, which will benefit over one crore government...

Lendingkart raises Rs 205 cr in Series B funding

Lendingkart, Mumbai based financial institution which helps small and medium enterprises with their financial capital requirement, has raised $32 Million (INR 2050 Million) in...

ITC to invest Rs 4,000 cr to set up to nine plants

FMCG major ITC will invest Rs 4,000 crore over the next 2-3 years to set up 8-9 factories across the country for manufacturing of...

Ola to invest Rs 350 crore in Haryana over 5 years

Ola to work with the government to bring customised mobility solutions like Ola Auto, Ola Share, Ola Shuttle, Ola Bike and more across...

Tata Communications to sell subsidiary Neotel for Rs 2,904 cr

New Delhi, Jun 28 (PTI) Tata Communications today said Liquid Telecom, a privately-owned, pan-Africa telecom group,majority owned by Econet Wireless Global, has entered into...

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