BS Reporter
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Infosys complete acquisition of Kallidus
In April, Infy had announced to acquire the San Francisco-based company, which operates under brand name Skava, for $120 mn
 "Infosys complete acquisition of Kallidus")
Kejriwal ignores threats from Centre, moves ahead to strengthen Delhi ACB
Asserts aim to make Delhi first corruption-free state even as MHA not to pay salaries of cops brought from other states
 "Kejriwal ignores threats from Centre, moves ahead to strengthen Delhi ACB")
Medwell secures $10 mn Series-A funding from Fidelity
The company plans to raise up to $50 mn in the next five years to fund nationwide expansion
 "Medwell secures $10 mn Series-A funding from Fidelity")
CFA exam registration in India jumps by 38% in June 2015
With 12,820 registrations, India has the third largest number of exam takers for this year's cycle
Lemon Tree founder joins Tata-run Ginger Hotels
Rahul Pandit had earlier spent six years at the Mumbai-based Indian Hotels Company before switching to Lemon Tree Hotels
Aditya Birla Nuvo signs JV for health insurance foray
To partner with South Africa's MMI Holdings for venture
 "Aditya Birla Nuvo signs JV for health insurance foray")
Newshunt e-book platform partners with Graphic India to launch digital comics' section
Majority of the comics will be made free for users of the app and supported through advertising
Zopper raises Series-B funding of $20 mn
The hyper-local marketplace app had earlier secured Series-A funding from Tiger Global and Nirvana Ventures Advisors also
 "Zopper raises Series-B funding of $20 mn")
Prabhu denies fixed date for launch of India's fastest train
Says Gatimaan Express is still under technical trial
 "Prabhu denies fixed date for launch of India's fastest train")
Monsoon: Damage control begins
Plan ready for more than 600 districts; price stabilisation on for pulses, grains
 "Monsoon: Damage control begins")
Services contract in May for first time in 13 months: PMI
But firms hire additional hands even as inflation rises, justifying RBI's cautious stance
 "Services contract in May for first time in 13 months: PMI")
UTI picks up 8% voting rights in UB after default
The stake is worth Rs 1,950 crore
 "UTI picks up 8% voting rights in UB after default")
Maruti launches Celerio diesel at Rs 4.65 lakh
Celerio's engine (793cc) is smallest diesel engine in the country and claims to offer a mileage of 27.62 km a litre
 "Maruti launches Celerio diesel at Rs 4.65 lakh")
Air India shelves plans to induct longer range Boeing 787 planes
Decision to stick to original model of inducting Boeing Dreamliner aircraft was taken at airline's board meeting held recently
 "Air India shelves plans to induct longer range Boeing 787 planes")
Wipro raises salary 7% in step with TCS, Infosys
Increases onshore staff salary by 2%; high-performers' raise substantially better
 "Wipro raises salary 7% in step with TCS, Infosys")
Markets hammer debt-laden firms
Unitech, JP Associates, IVRCL crash 17-35%
 "Markets hammer debt-laden firms")
 "FDI inflow dips 40% in March")
Warburg Pincus to invest Rs 850 crore in Ecom Express
Logistics capacity needs are growing fast in the e-commerce sector
 "Warburg Pincus to invest Rs 850 crore in Ecom Express")
India joins global pact for automatic exchange of financial data
Platform of 60 nations to help curb tax evasion and black money
 "India joins global pact for automatic exchange of financial data")