BUSINESS NEWS (NATIONAL & INTERNATIONAL)
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S.No
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Companies
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Key Points
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DOMESTIC COMPANIES
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1.
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Gurgaon-based online pharmacy
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Acquired
diagnostic labs aggregator Medd (HolaMed Healthcare Technologies Pvt. Ltd
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1mg
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2.
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Aditya Birla Fashion& Retail
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Acquired global clothing
brand ’Forever 21’
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3.
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Myntra Designs Pvt. Ltd
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Acquired Bangalore-based
Cubeit
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4.
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Tech Mahindra Ltd (TechM)
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Acquired UK-based digital
transformation firm The BIO Agency Ltd
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5.
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Exide Life Insurance
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Announced Mahendra Singh
Dhoni as its brand ambassador.
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6.
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E-commerce major Flipkart
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Entered into collaboration
where flipkart will sell complete range of accessories of
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Royal Enfield
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Royal Enfield
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7.
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Tata Power Renewable Energy Ltd
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Acquired
the renewable energy (RE) subsidiary of Delhi-based Welspun Renewables
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(TPREL)
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Energy Pvt Ltd (WREPL).
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8.
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Mahindra & Mahindra (MandM)
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Incorporated its
agricultural equipment rental services arm Trringo.com as a wholly-
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owned subsidiary.
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9.
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National
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Buildings
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Construction
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Takeover of Hindustan
Steel Works Construction Limited (HSCL)
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Corporation Ltd (NBCC)
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10.
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Tata Group
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Launched 'Tata CliQ', an
online & app-based platform to let users buy apparel &
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electronics.
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11.
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Online marketplace Snapdeal
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Established
a data sciences centre in San Carlos, California, which will help it to get
top
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global talent & build
high-value solutions.
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12.
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Reliance Industries
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Sold
its stake in African fuel retailer Gulf Africa Petroleum Corporation (GAPCO)
to Total
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S. A. of France.
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13.
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Tech Mahindra
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To acquire UK based Target
Group to strengthen its BFSI portfolio.
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14.
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Tata Communications Ltd
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Sold 74% stake in its data
centre business in India & Singapore to ST Telemedia
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15.
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Tata
Sons Chairman
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Emeritus
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Invested in San
Francisco-based medical emergency response startup MUrgency Inc.
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Ratan Tata
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16.
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Snapdeal
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Acquired Targeting Mantra,
a move that will help the ecommerce major enhance
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personalisation of
shopping experience of customers
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17.
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Infosys
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co-founder
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Nandan
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Invested in train travel
app, RailYatri.In.
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Nilekani
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18.
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Reliance Jio Infocomm
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Launched its digital
wallet service, called as JioMoney Wallet, for Indian consumers.
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19.
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Snapdeal App
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Tied up with UrbanClap to provide over 80 personal
& home services on the online
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retailer's android app.
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20.
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Union Govt. has approved
Infosys to
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set up an IT/ITeS special economic zone
(SEZ) in Bengaluru in an area spread over 4
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hectares.
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21.
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E-commerce giant Flipkart
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Partnered
with a Bangaluru based social technology company 'MapUnity' to launch its
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map services
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22.
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Paytm,
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India's largest
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mobile
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Partnered with the Wipro
ltd to implement technology infrastructure for its upcoming
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payments
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Payment bank business
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23.
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Bharti Airtel & networking player
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Announced partnership to
increase its direct reach in West Asian countries.
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GBI
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24.
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Bharat
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Petroleum
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Corporation
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To invest Rs. 3,000 in
Bharat Oman Refineries Limited (BORL)
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Limited (BPCL)
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25.
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Isuzu Motors India
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Opened its new
manufacturing plant in Sri City, Andhra Pradesh
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26.
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Reliance Power
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Govt. of Bangladesh has
granted in-principle approval for the first phase of Reliance
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Power’s gas-based power
project in Bangladesh at Meghnaghat (Narayanganj district),
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Dhaka
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27.
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Mondelez India
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Inaugurated
a plant in Tada, SriCity, Andhra Pradesh. This is the largest plant in the
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Asia-Pacific region.
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28.
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Videocon d2h
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Tied Up With Vodafone
M-pesa through which Vodafone customers can recharge using
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the proven m-pesa platform
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29.
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Housing.com
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Former
KPMG Director Dilip Tuli appointed as the new Senior Vice President -
Strategy
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& New Business
Initiatives of Housing.com
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30.
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Mahindra & Mahindra
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Became the first Indian
company to join a global energy campaign, EP100, led by an
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international non-profit
group, The Climate Group.
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31.
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Golden Tobacco Ltd.
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Became
the first company in India to implement the Union Health Ministry’s
Cigarettes
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Packaging Amendment Rules,
2014.
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32.
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Flipkart
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Has acquired payments
startup PhonePe Internet Pvt. Ltd.
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33.
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Future Group
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Acquired Rocket Internet’s
online furniture platform Fab Furnish
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34.
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Bharti Airtel
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Acquisition of 20 MHz
spectrum in eight circles from Aircel.
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35.
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Hero Cycles
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Acquired 60 % stake of Sri
Lanka' BSH Ventures
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36.
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Oil & Natural Gas Corporation Limited (ONGC) took over the infrastructure of abandoned
Tapti gas field in western offshore
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from its joint venture
partners Reliance Industries & BG.
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FOREIGN COMPANIES
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37.
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Search giant Google
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Acquired a French startup
called Moodstock
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38.
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European aviation major Airbus
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Awarded
contract to Mahindra Aerostructures to supply airframe parts for its AS565
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Helicopters
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MBe Panther copter
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39.
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Microsoft
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To acquire professional
social platform LinkedIn for $26.2 billion.
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40.
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Coca-Cola Company
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Will set up a bottling
plant in Sitarganj, Uttarakhand
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41.
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Google
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Won a major US court
battle with software firm Oracle
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42.
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ONGC Videsh Ltd (OVL)
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Signed
a pact with the trading arm of Azerbaijan's state energy company SOCAR (State
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Oil
Company of Azerbaijan Republic) to foray into oil trading.
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43.
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Finland-based companies, Nokia
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Signed a 10-year licensing
deal to market Nokia-branded phones & tablets.
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& HMD Global Oy (HMD)
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44.
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Pfizer Inc
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Acquire biopharmaceutical
firm Anacor Pharmaceuticals
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45.
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Blackstone Group
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Buying Hewlett Packard Enterprise
Co.’s majority stake in Indian outsourcing firm
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Mphasis Ltd
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46.
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E commerce company, Amazon
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Launched its online video
service, called Amazon Video Direct
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47.
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Asia’s leading cloud telephony
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Announced the acquisition
of Delhi-based Smartwards, a customer engagement
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company, Knowlarity
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platform that simplifies
loyalty for local businesses & their customers.
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Communications
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48.
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The Global data services
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Launched
its 'Hunter Fraud Score' in India. The mechanism will help to measure the
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company, Experian
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probability of fraud in a credit application across
banking & insurance industries. It will
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help the country to
increase their efficiency in fraud detection.
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