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Uttam Galva Metallics to deploy POSCO's tech at Wardha unit

Uttam Galva Metallics to use POSCO's fine ore reduction process at its 1.5 million tonnes plant

LatestOne gets additional funding from promoters

PTL has already raised Rs 9 crore through preferential share allotment

Tech accessories online store LatestOne.com gets Rs 20 cr funding

It raised the additional funding from existing investor Palred Technologies

Medi Assist invests $1 million in mobile fitness start-up MobieFit

MobieFit hopes to reach 5 million corporate employees in urban India

Do a jihad for independent internet, oppose Facebook Basics: Paytm's Vijay Shekhar Sharma

Paytm founder Sharma said India's digital independence is threatened by the world's largest social network

Bus aggregator Shuttl raises $20 mn in Series A funding

Shuttl offers about 15,000 rides a day in the Delhi NCR region for daily commuters; prices range between Rs 20 and Rs 100

Jet Airways' bus collides with Air India aircraft at Kolkata airport

No casualties have been reported, but the aircraft has sustained extensive damages making it unfit to fly for now

Aurobindo Pharma gets USFDA nod for conjunctivitis eye drops

The approved product, used in treatment of signs of conjunctivitis, is believed to have a market size of $235 m

Home cleaning startup SBricks acquires Melway

Acquisition of hands-on services player by SBricks to bring in 200 home cleaning professionals into its fold

Banks, insurance cos come up with measures to help flood-hit TN

Lenders come up with options to reschedule installments, extend moratoriums; insurance cos also look to smoothen claims process

Grocery delivery app PepperTap acquires Jiffstore

Raises another $4 mn; closes Series-B funding at $40 million

Cipla launches generic hepatitis C drug

About 12-18 million Indians are suffering from the disease while globally the number of patients is about 185 million

M&M to launch electric sedan, mini truck by Feb

The automaker is in talks with Ola to boost sales of the green cars in the country

4G beats 3G in smartphone sales

Samsung, Lenovo, Apple led the race according to data published by International Data Corporation

Lending rate guidelines to help policy transmission: ICRA

New MCLR, effective April 1, will impact the new borrowers immediately, while some old borrowers with better credit profile would want to shift to the new regime

Neemuchwala tipped to be next Wipro CEO

Moody's lowers Union Bank of India's credit assessment

Moody's said baseline credit assessment of "ba3" reflects the bank's poor asset quality and weak earnings performance

RBI plans to monitor peer-to-peer lending

Several online portals have sprung up in India to facilitate such lending, some even getting private funding from investors

Bandhan Bank plans to boost rural transport, start-ups

Will finance rickshaw-pullers who want to buy mechanised or battery-powered rickshaws

NBFCs are here to stay, says BCG

Says the sector is mastering use of digital surrogate data, in the absence of income proof documents, to improve credit penetration in India