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Tamil Nadu preferred state of work by women: India Skills Report 2016
The report is an initiative by Wheebox in association with CII, LinkedIn, PeopleStrong
 "Tamil Nadu preferred state of work by women: India Skills Report 2016")
Grofers raises $120 mn in Series C funding
According to reports, the hyperlocal delivery start up now is valued at $300 mn
 "Grofers raises $120 mn in Series C funding")
 "Edelweiss, Sun Global ink pact")
Sebi sets timeline for commodity exchanges
Directs national and regional exchanges to adhere to these in stipulated time
 "Sebi sets timeline for commodity exchanges")
GST most crucial economic reform, says new Assocham president
Sunil Kanoria says GDP can rise by 1-1.5% on the basis of implementation of GST itself
 "GST most crucial economic reform, says new Assocham president")
India to see 10.8% pay rise
Tower Watson report says net salary increase in 2016 is expected to be 4.7%, against 4.5% last year
 "India to see 10.8% pay rise")
Morgan Stanley, Birla MF pick up Bain Capital's stake in Hero Motocorp
The US-based private equity firm sold 2.75 million shares at Rs 2,591 apiece through block transactions
 "Morgan Stanley, Birla MF pick up Bain Capital's stake in Hero Motocorp")
Ashok Leyland bags $200 million contract from Cote D'Ivoire
The contract is being funded by Exim Bank of India and is pending final clearence
 "Ashok Leyland bags $200 million contract from Cote D'Ivoire")
MCL targets 250 mt coal production by 2020
The company is setting-up a 2 x 800 MW super critical thermal power plant at its Basundhara area in Sundergarh district
 "MCL targets 250 mt coal production by 2020")
Emirates contributed $849 million towards India's GDP annually: Study
The Dubai-based airline, which offers 60,200 seats a week to ten destinations in India, supports over 86,000 jobs in the country
 "Emirates contributed $849 million towards India's GDP annually: Study")
Bengaluru court for police probe on complaint against LG
Korean conglomerate is alleged to have arbitrarily ended a contract with an Indian distributor, cheated it of Rs 100 crore a decade ago
 "Bengaluru court for police probe on complaint against LG")
Existing industrial units in Odisha can now avail VAT reimbursement
IPR 2007 had provision for VAT reimbursement but it was applicable only to new industrial units
 "Existing industrial units in Odisha can now avail VAT reimbursement")
India shows highest growth in cross border shopping: PayPal report
The report also stated that US, China,UK, Singapore and Japan, in that order, were where countries Indians liked to shop from
 "India shows highest growth in cross border shopping: PayPal report")
Pipavav Defence to exit CDR: Reliance Infra
It'll be renamed as Reliance Defence
 "Pipavav Defence to exit CDR: Reliance Infra")
India to see a 10.8% salary increase in 2016: Towers Watson
Salary budgets in the APAC region are set to rise 6.8% in 2016, slightly higher than 6.6% in 2015
Central team meets Jaya, visits rain-hit areas in Tamil Nadu
In next 3 days, the team will visit flood-affected districts to calculate damages
 "Central team meets Jaya, visits rain-hit areas in Tamil Nadu")
Dr Reddy's says preparing response to USFDA warning
The US drug regulator has asked the firm to clarify specific steps it has taken to correct the problems
 "Dr Reddy's says preparing response to USFDA warning")
NEA, Cheetah Mobile invest $ 13.4 million in GOQii
GOQii has adopted a hardware agnostic approach in the wearable fitness space
 "NEA, Cheetah Mobile invest $ 13.4 million in GOQii")
LUMA Institute, Founding Fuel tie up for design thinking
This is the first time that this public workshop will be held in South Asia
