Azim Premji, most generous Indian in 2016 January 09, 2016 12:24
Chairman of Wipro, Azim Premji, 70, has ranked as the most generous Indian of the year for the consecutive third year with donations valued Rs. 27,514 crore towards the education sector, according to Hurun India…
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Volvo merges Indian bus operations with group arm Volvo India January 05, 2016 16:17
Volvo Group, Swedish auto giant, has merged Volvo Buses India (its Indian bus operations) with its group arm Volvo India Pvt. The merger came into effect form 31 December 2015. The move makes Bangalore-headquartered Volvo…
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TCS back on talks with Dell to buy Perot IT business January 05, 2016 11:32
Tata Consultancy Services (TCS) takes a u-turn by restarting talks to buy Perot IT business from Dell. Earlier, the talks were ended due to disagreement over price. TCS is locked in a bidding war with…
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Wipro names new CEO, Board member January 04, 2016 18:05
Wipro, India’s third largest IT exporter, named Abid Ali Z. Neemuchwala as the Chief Executive Officer as the Board member of the company. The current CEO T.K. Kurien is also named as the executive Vice…
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Wipro names new CEO, Board member January 04, 2016 18:05
Wipro, India’s third largest IT exporter, named Abid Ali Z. Neemuchwala as the Chief Executive Officer as the Board member of the company. The current CEO T.K. Kurien is also named as the executive Vice…
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New investment from Ratan Tata! January 04, 2016 16:23
Ratan Tata, one of the top industrialists, has invested in pet care portal DogSpot.in. With this, he is continuing the investments slew he has been making in startups globally. The value of the investment remains…
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New scheme cheers textile industry, A-TUFS January 02, 2016 19:14
The decision from the Union government to launch an amended technology upgradation fund scheme has lightened the textile industry. The new scheme is a replacement for the existing revised, restructured TUFS. The financial burden of…
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Bharat Forge, Rolls-Royce sign deal for aero engine parts December 30, 2015 16:17
Bharat Forge, homegrown auto components major, has entered into a deal with Rolls-Royce for a long term agreement to supply aero engine parts. A statement from Bharat Forge said, “The agreement envisages supply of critical…
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Greybull Capital to buy Tata Steel UK unit December 23, 2015 16:02
Tata steel is in discussion to sell its UK-Based Unit to Greybull Capital, an investment firm. The news is in accordance with the statements from two firms. This news gave a boost to troubled steel…
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Google, Ford discuss on autonomous cars December 22, 2015 17:57
Google is in discussions with Ford on building its autonomous cars, according to reports from Automotive News which cited a person with related project knowledge. If the contract manufacturing deal gets finalized, it would come…
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Medical device sector now delinks from Pharmaceutical sector? December 12, 2015 15:53
Good news for medical device sector, as its long standing demand for delinking from the Pharmaceutical sector was accepted by the government. The health ministry accepted to delink schedule M III of the Drug Rules…
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Global solar alliance plans by India, France November 30, 2015 18:16
Indian Prime Minister Narendra Modi and French President Francois Hollande are to launch a game changing international solar alliance, as an effort to bring affordable and clean solar energy to all.According to a statement from…
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