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Jugnoo raises $3 million in series B funding

The funds will be invested in expansion plans and to streamline processes in new cities

10 buyers agree to let go Tilaiya power project

R-Power to get Rs 800-cr damages from them

IVRCL to get Rs 400 crore from sale of 3 road projects

The company said the sale consideration for divestment in the three road projects will result in an aggregate loss of Rs 327.6 cr

Professional jobs market seeing recovery

KKR picks 70% stake in financial adviser Avendus Capital

Besides its core businesses, KKR will help Avendus grow its NBFC business

BSNL reports Rs 8,234 crore net loss in FY15

Posts operating profit of Rs 672 cr for FY15

Now, withdraw cash from a retailer

Payworld has tied up with State Bank of India to operate the new facility

Mark Mobius says emerging market volatility will subside

EMs can't be ignored; Fed hike won't be disastrous, says the investment guru

SC seeks answers from Goa, Vedanta on renewal of 89 mining leases

When the issue was raised earlier before the Bombay high court, the petitions were dismissed on a technical ground

Tiger Global: Flipkart's largest investor and second largest stockholder in Amazon

With this, Tiger has significant stake in two of the three large e-commerce firms in India, who have combined control on over 80% of India's e-commerce industry

Biomatiques Identification Solutions eyes turnover of Rs 80-100 cr by FY16-end

The company has had a tremendous response from the market for its biometric iris recognition solutions

India, Bangladesh sign draft MoU on passenger & cruise vessel movement

Dhaka announces a highly competitive charge of 192.22 Taka per metric tonne for the trans-shipment operations at Ashuganj

Dr Sudarshan Ballal appointed as Manipal Health Enterprises chairman

Manipal is adding new hospitals in Mangaluru, Bengaluru and Malaysia by next year

Piramal Healthcare expands Scottish plant

Invests 2 mn pounds; expansion to yield additional 2-5 mn pounds in revenue over 5 years

VW opens bookings for new Beetle

Customers will be able to book the car either through select Volkswagen showrooms or at www.bookmybeetle.in

Persistent Systems to acquire CMS business of US-based Akumina

Also, Persistent VC arm invests $250,000 in Akumina's product business

Startup News: Online discovery platform Smytten raises $200K

Smytten is an online discovery platform for premium products and services

Fire accident at Shasun's Cuddalore facility claims one life

No significant loss in revenue or production due to the above accident, says company

ITC Infotech to expand aviation solutions in strategic tie-up with Ramco

The partnership will enable ITC Infotech to increase profitability through better cost management and enhanced customer experience

Canadian pension firm buys 49% in RInfra's Mumbai power biz for Rs 3,500 cr

Mumbai power business to be an SPV with enterprise value of Rs 15,000 cr