Page 524 - Bs Reporter

Ola raises $500 million from Tiger, Softbank and Didi Kuaidi

The fresh round of funding takes Ola's valuation to $5 billion

Ashith Kampani and Joseph Bosco join GREX as advisors

Joseph Bosco has more than 40 years of participation and exposure in the financial sector domain

MCX permits change of membership class

The move is aimed at facilitating clearing members to save fees and other expenses

Cabinet approves more jobs for Kashmiri migrants

The provision of jobs will cost the exchequer Rs 1,080 crore while Rs 920 crore will be spent on provision of accommodation

150 start-ups and e-commerce firms to discuss success mantras at seminar

The seminar, "E-Commerce - Sustaining Business", is being put together by Snapdeal, Ah! Ventures and legal advisory firm Lakshmikumaran & Sridharan

Asset sale proceeds to aid NCC's bottomline in H2FY16

The company's total debt had come down to Rs 1,995 crore in the year 2014-15 from Rs 2,474 crore in the previous year

Parag Milk Foods ties with Rochland of Germany to launch cheese in India

Go Almette is a cream cheese made with pasteurized cow's milk

OYO Rooms partners with Airtel to provide WiFi and DTH services to customers

Service rolled out across OYO hotels in Gurgaon, Bengaluru and Chennai, will be embrace all rooms aggregated by online tech firm in coming weeks

Hiring activity sees 26% growth in Oct'15 over Oct'14: Naukri Job Speak

IT-Software and ITeS industries record maximum increase

Cabinet Committee approves Cochin Shipyard IPO

Money will be utilised to supports its expansion and setting up a ship-repair facility

PM Modi says govt committed to fighting corruption

Discloses government has reduced pension benefits of 45 senior officers for 'unsatisfactory performance'

Cabinet approves Rs 8,349-cr investment on rail freight lines in three states

These lines will be coming up in Odisha, Chhattisgarh, Andhra Pradesh

Medimix brand launched in Sri Lanka

Brand now available in 26 overseas nations

Shasun Pharma suspends operations temporarily at Cuddalore factory

Yesterday an employee died in a fire accident at the facility

Delivery service aggregator Hipship raises fund from Inara Capital

Partners with leading logistics companies to enable deliveries, giving users the ption to choose their vendor of choice

Modi govt clears clutch of moves to revive projects, boost revenue

Measures include revival of stalled road projects, 10% stake sale in CIL, and interest subvention for exporters

United India Insurance clocks Rs 356-cr PAT during H1 of 2015-16

Company receives claims intimation worth Rs 110 cr due to flood in Tamil Nadu

TAKE Solutions acquires Ecron Acunova in Rs 115-cr deal

Company says acquisition would enhance domain expertise & deliver differentiated value to its customers

Philips India appoints V Raja as VP & MD

In his new role, Raja will be responsible for driving and building the Healthcare and Consumer Lifestyle businesses for Philips in India

Zydus to start phase-II clinical trials for Saroglitazar in US

The drug is used for treatment of Hypertriglyceridemia and Diabetic Dyslipidemia