BS Reporter
BS Reporter
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RummyCircle embraces TechProcess' new-age payment gateway to enhance customer experience
RummyCircle has over 2.5 million registered users
 "RummyCircle embraces TechProcess' new-age payment gateway to enhance customer experience")
Alkem, Dr Lal IPOs oversubscribed a day before close
Rs 1,300-crore Alkem IPO subscribed 1.41 times; Dr Lal PathLabs gets nearly three times subscription
 "Alkem, Dr Lal IPOs oversubscribed a day before close")
NSE, LSE join hands to set up trading platform in Gift City
Collaboration includes new product developments, research
 "NSE, LSE join hands to set up trading platform in Gift City")
Comeback on the cards
rime Minister Narendra Modi's old rival Sanjay Joshi has resurfaced
Wipro opens office in UK to offer digital services to clients
Company also said it is planning to step up its hiring in the country for its digital business
 "Wipro opens office in UK to offer digital services to clients")
India needs to work on challenges of defence manufacturing sector: Experts
India needs to strengthen its vendor base to fulfill its 'Make in India' dream for defence sector, felt experts at the Defence Conclave organised by CII
 "India needs to work on challenges of defence manufacturing sector: Experts")
SBI to extend Rs 500 cr worth home loans in Odisha
Public sector lender had advanced home loans worth Rs 400 cr in 2014-15
 "SBI to extend Rs 500 cr worth home loans in Odisha")
CII forms STF to undertake Tamil Nadu flood relief works
STF, to be headed by former Infosys boss, will focus on providing livelihood opportunities also
 "CII forms STF to undertake Tamil Nadu flood relief works")
Aurobindo gets USFDA approvals for two products
Eptifibatide injection is used in the treatment of acute coronary syndrome and Levonorgestrel tablet is an oral contraceptive used for prevention of pregnancy
 "Aurobindo gets USFDA approvals for two products")
Optiemus Infracom acquires brick & mortar mobile seller UniverCell
According to sources, the deal happened 3-4 months ago; deal value is undisclosed
 "Optiemus Infracom acquires brick & mortar mobile seller UniverCell")
Canadian auto-component player Magna starts two plants at Sanand
To supply seats, body and chassis parts to Ford; plans to cater to other auto OEMs in area
 "Canadian auto-component player Magna starts two plants at Sanand")
Thomas Cook expands reach in tier II towns
Sets up 33 service centres; will use app and tablets to sell products
 "Thomas Cook expands reach in tier II towns")
Numaligarh refinery inks MoU to secure feedstock supply for bio-refinery project
The MoU was inked with Nagaland Bamboo Development Agency
 "Numaligarh refinery inks MoU to secure feedstock supply for bio-refinery project")
Travel portal Cleartrip makes inroads in Lucknow
Lucknow is amongst the top 15 places in India for Cleartrip's clientele
 "Travel portal Cleartrip makes inroads in Lucknow")
Tamil Nadu's coastal districts receive heavy rains, expected to continue for a week
Meanwhile, Chennai airport operations are back to normal, all essential services restored in city
 "Tamil Nadu's coastal districts receive heavy rains, expected to continue for a week")
Electropreneur Park to expand nationally: IESA
First electropreneur park setup on Delhi University at Rs 21 cr currently incubating 10 startups
 "Electropreneur Park to expand nationally: IESA")
NeoBiocon partners with Novartis to offer anti-diabetes drug Vildagliptin in UAE
This partnership will help NeoBiocon expand its product offerings in the metabolics segment and will benefit diabetics in UAE, the firm said
 "NeoBiocon partners with Novartis to offer anti-diabetes drug Vildagliptin in UAE")
Central Water Commission to set up 40 flood forecasting stations
Development comes at a time Tamil Nadu, especially Chennai, witnessed one of the worst floods; 14 stations to come up in TN