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Telangana pitches for Giga-scale battery plant, is ready with 200-acre land

Battery-making was seen a key pre-condition to develop the ecosystem around EVs, as the battery accounts for almost half the EV cost, which can be brought down if batteries are made locally

63% Indian IT decision makers see cyber security as major M&A hurdle: study

Survey covered over 2,700 respondents from US, France, United Kingdom, Germany, Australia, Singapore and India

Odisha plans new industrial policy to focus on creating 3 mn jobs

State govt will harvest the gains from two editions of its showpiece conclaves -- Make in Odisha staged in 2016 and 2018 - to bolster investments and enhance employability of youth

Tax break to land reforms: 10 things wished from Sitharaman's first budget

Common people, industry groups and economists have given Nirmala Sitharaman their recommendations for the union budge. Here is a look at a few common things that everybody wants.

BSR & Associates resigns as auditor of IL&FS Financial Services

'We received a notice on May 13 seeking an explanation on our removal as auditors'

Sundaram Finance acquires BNP Paribas' stake in two joint ventures

Sundaram BNP Paribas Home Finance Limited was incorporated on July 2, 1999, as a subsidiary of SFL to offer specialised housing finance services to the retail sector in India

pi Ventures, Kae Capital back AI-based mental health start-up Wysa

The conversational bot has raised $ 2 mn in pre-series A round of funding

Amazon opens 20,000 sq ft delivery station in Hyderabad, eyes smaller towns

The new station will power Amazon's last-mile delivery capabilities to speed up deliveries for customers in and around the city

Dr Reddy's sells US rights of branded neurology products to Upsher-Smith

The closing of the transaction is subject to various customary closing conditions including antitrust review under Hart-Scott-Rodino Act of the US government

Online grocery marketplace Jumbotail raises Rs 90 cr in Series-B funding

The entity was founded by S Karthik Venkateswaran and Ashish Jhina, MBA classmates at Stanford

Adani Green Energy first to issue $500 mn Green Bonds on India INX

Firm raised the funds at a coupon of 6.25 per cent in an overseas debt sale which was oversubscribed three times

Mercedes-Benz appoints Santosh Iyer as head, sales and marketing for India

Iyer succeeds Michael Jopp, who assumes the new responsibility of heading the sales & marketing function of Mercedes-Benz in Malaysia

Mercedes-Benz appoints Santosh Iyer as India head of sales and marketing

Currently heading Customer Service & Corporate Affairs, he will replace Michael Jopp who moves to Malaysia to head sales and marketing there

Medanta's northern presence compliments Manipal's southern footprint

Together, Manipal and Medanta would have a bed count of around 7000-8000 beds once the ongoing expansion projects are completed

No tariff hike for Odisha's power consumers in 2019-20, says OERC

The commission has also enhanced the rebate for digital payment to two per cent from one per cent since last year

Naveen meets PM Modi, roots for 'special category' status for Odisha again

Odisha's topography makes its coastline vulnerable to recurring natural disasters

RBI imposes Rs 2 crore penalty on Kotak Mahindra Bank

The RBI issued a show cause notice to the bank for failing to convey its course of action to achieve dilution of promoters' shareholding as per the timeline set by the regulator

Embassy Blackstone looks to buy promoter stake in Indiabulls Real Estate

The Blackstone Embassy duo would buy promoter Gehlaut's stake in IBREL for around Rs 2,700 crore at an equity valuation of Rs 7,000 crore, reports said on Friday

Advent International may put more capital in India after raising $17.5 bn

Advent has raised $17.5 billion for its ninth global PE fund. This increases the amount of capital that may be deployed in India

SBI to decide on interest rate revision this week after central bank cut

SBI charges between Re 1 and Rs 5 for transactions through NEFT and between Rs 5 and Rs 50 for RTGS route.