Page 526 - Bs Reporter

Tiger Global: Flipkart's largest investor and second largest stockholder in Amazon

With this, Tiger has significant stake in two of the three large e-commerce firms in India, who have combined control on over 80% of India's e-commerce industry

Biomatiques Identification Solutions eyes turnover of Rs 80-100 cr by FY16-end

The company has had a tremendous response from the market for its biometric iris recognition solutions

India, Bangladesh sign draft MoU on passenger & cruise vessel movement

Dhaka announces a highly competitive charge of 192.22 Taka per metric tonne for the trans-shipment operations at Ashuganj

Dr Sudarshan Ballal appointed as Manipal Health Enterprises chairman

Manipal is adding new hospitals in Mangaluru, Bengaluru and Malaysia by next year

Piramal Healthcare expands Scottish plant

Invests 2 mn pounds; expansion to yield additional 2-5 mn pounds in revenue over 5 years

VW opens bookings for new Beetle

Customers will be able to book the car either through select Volkswagen showrooms or at www.bookmybeetle.in

Persistent Systems to acquire CMS business of US-based Akumina

Also, Persistent VC arm invests $250,000 in Akumina's product business

Startup News: Online discovery platform Smytten raises $200K

Smytten is an online discovery platform for premium products and services

Fire accident at Shasun's Cuddalore facility claims one life

No significant loss in revenue or production due to the above accident, says company

ITC Infotech to expand aviation solutions in strategic tie-up with Ramco

The partnership will enable ITC Infotech to increase profitability through better cost management and enhanced customer experience

ICICI Bank to sell 6% stake in Pru Life for Rs 1,950 crore

Premji Invest to pick 4%, Temasek arm Compassvale to get rest

Exports fall for 11th straight month, down 17.53% in October

Imports decline 21.15% to $31.12 bn; trade deficit narrowed to $9.76 bn

Wholesale prices drop for 12th straight month in October

Wholesale price falls by 3.81% even as exports downtrend continues

Canadian pension firm buys 49% in RInfra's Mumbai power biz for Rs 3,500 cr

Mumbai power business to be an SPV with enterprise value of Rs 15,000 cr

Revenue-share mode for energy exploration

Ministry's consultation paper also proposes pricing & marketing freedom for gas

Apollo acquires German tyre distributor for Rs 322 crore

Reifencom GmbH is one of the leading tyre distributors, which operates 37 stores and service centres across Germany

Infosys to bank on large deals to get back in shape

To focus on improving employee utilisation to 85%; expects to achieve industry growth average in FY17

Patanjali to launch baby-care products

Company, founded by yoga guru Ramdev, lining up television advertisements

Financial inclusion focus can give banks $380-bn biz: Report

But, not many lenders in emerging markets looking at this section seriously

Spike in pulses prices every third year between 2004-05 and 2014-15: CRISIL