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Nippon Life to buy 23% stake in Reliance Life for Rs 2265 crore

Deal values company at Rs 9,847 crore; joint venture to be renamed Reliance Nippon Life

Bank unions defer two-day strike temporarily

Conciliation meeting has been called; duties & powers of staff, allowances, working hours among the issues discussed in the recent bipartite settlement

Axis Bank, NSE-Sidbi combine to run trade receivable systems

It will allow SMEs to post their receivables on the system and get them financed

Automatic route for FDI to be widened: Kant

Changes to FDI policy notified

Railways sign Rs 2,500-cr pact for stainless steel freight wagons

The high class stainless steel freight wagons will cost of Rs 2,500 crore over ten years

OMCs inks 33% more ethanol supply deal with sugar mills

Data by ISMA show sugar mills signed 1,040 mn litres of ethanol supply contracts with OMCs for sugar year 2015-16 (Oct-Sept)

ONGC to move on to next cluster in KG block

The company however, expects the Indian government to make natural gas prices attractive

Lanco to scale up EPC business to sustain turnaround

The EPC revenues grew four-fold in the second quarter to Rs Rs 1,090 cr on a sequential basis because of the internal EPC work generated from restarted projects

Telangana govt seeks Rs 1,000-cr Central assistance

The state wants to undertake relief measures in the drought affected areas in the state

Odisha to raise Rs 1,000 cr through securities sale

Successful bidders would make payments on November 26

ISB Hyderabad wins YES Bank contest

Winning team, Rothschilds, receives prize money of Rs 1.5 lakh

HDFC sells Mahindra First Choice stake to Cox Automotive

Mahindra First Choice reported a profit of Rs 1.92 crore on revenue of Rs 44 crore during last financial year

Ratan Tata invests in Chennai-based Crayon Data

Crayon has previously raised approximately S$ 10 million in seed and Series A funding

Nearly $2.2 bn worth property funds raised after 2014 elections

Not only has the volume of investment increased but there has also been an increase in the average ticket size from $134 mn to $184 mn

Govt explores tying up with Changi airport to manage airports in India

AAI signs MOU with Singapore Co-operation Enterprise for planning and development of Ahmedabad and Jaipur airports

L&T-Daewoo JV to construct new six-lane bridge over Ganga in Patna

Bridge will be a great respite for commuters going towards north Bihar from Patna

Swan Energy-Exmar's FSRU-based LNG terminal in Gujarat to cost Rs 5,600 cr

They intend to invest around Rs 2,000 cr more on the second unit of what will be India's first floating LNG terminal

Airbus sets up BizLab in Bengaluru

Targets to establish global network of aerospace business accelerators

Home shopping company Naaptol raises Rs 343 crore

This is in addition to Rs 136 crore, which the company raised earlier in April

Federal Bank ties up with Edelweiss

EICML is one of the leading collateral management service providers with a pan-India presence