Ratan Tata invests in Snapdeal.com
Ratan Tata, Tata Sons Chairman Emeritus, has invested in online marketplace Snapdeal.com. “Mr. Tata has made a personal investment in the company,” Snapdeal co-founder and CEO Kunal Bahl said. The investment amount, however, was not disclosed. “This stands testimony to the growth and success... read more »
GVK-Oasis ink Rs. 580 crore pact for Mumbai airport land development
Mumbai International Airport Pvt. Ltd. (MIAL), a GVK-Led Consortium, on Wednesday awarded 1.16 million square feet of land parcel at the airport for Rs. 580 crore to Oasis Realty Pvt. Ltd. for commercial development. This transaction is part of the process of overall commercial development of 22... read more »
Tata Global to step up focus on water business
Continuing its thrust on the wellness segment, Tata Global Beverages (TGB) is planning to increase its business share in the water segment, which will contribute increasingly to the company’s turnover in future. Answering shareholders at the company’s annual general meeting here on Tuesday,... read more »
Alleged Serial Stowaway Marilyn Hartman Arrested for 3rd Time This Month
Repeat stowaway Marilyn Hartman was arrested today at Phoenix Sky Harbor International Airport on a criminal trespass charge, according to police. It was the third time the 62-year-old, who has a history of trying to board planes without a ticket, has been arrested this month. Airport employees... read more »
Many Indian athletes in Glasgow yet to get their daily allowance
One week into the Commonwealth Games, a sizeable chunk of Indian athletes participating at Glasgow are yet to get the full quota of their daily allowance. Most members of the 215-strong... read more »
India struggling to stay in Third Test
In a match that is within England’s grasp, India is struggling to stay afloat. When monumental occupation of the crease was needed, the visitors’ leading batsmen were a fleeting... read more »
Sensex down 61 points in early trade; L&T plunges 7.98%
The benchmark BSE Sensex fell over 61 points in early trade on Wednesday on selling by funds and retail investors ahead of monthly expiry in the derivatives segment amidst lower-than... read more »
Tata Group to invest $35 billion in three years
Tata Group has announced plans to invest $35 billion (Rs.2.10 lakh crore) in three years with an objective to emerge as one among the top 25 business groups in the world. This was stated by... read more »
Flipkart, Amazon announces $2 billion investment in India
A day after home-grown e-tailer Flipkart announced a $1 billion round of funding, global online retailer Amazon said that it would invest an additional $2 billion to support its rapid growth and... read more »
