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Hinduja merger brings both risks and benefits for Ashok Leyland

While merging Hinduja Foundries with itself will create greater synergies, it may set back its debt reduction plans

IIM-Trichy to become global institute in 10 years: Management

The institute will move to the new campus next year

Jayalalithaa is under constant monitoring, says Apollo Hospitals

Tamil Nadu Chief Minister is in the hospital since September 22

All major announcements in past 2 weeks had CM's nod: AIADMK

Statement follows rumours that Jayalalithaa may not be healthy enough to take such decisions

Ministers meet TN governor to discuss work

Meeting comes amid buzz that an interim CM may be appointed matters while Jayalalithaa is in hospital

US lawsuit could open Pandora's box for Cognizant

The suit will add pressure on the Cognizant management to complete investigations into bribery allegations and prepare for the legal challenge

US lawsuit could open Pandora's box for Cognizant

Rosen, a New York-based law firm, filed a case in US courts against Cognizant representing unnamed shareholders of the company

Matrimony.com to go for IPO by November

The company will raise Rs 350 crore as primary offering

Hiranandani Communities to set up another 4 townships in Maharastra

Initial cost of each project would be around Rs 400-500 crore for construction

Everstone, Sunrise BPO to buy CRM solution provider C3 for $150 mn

The company targets to double the revenues of C3 and reach $500 million

ISRO's GSAT-18 satellite launched by European Ariane

GSAT-18 will provide telecommunications services for India

India's M&A activity reaches highest on record in Q3, up 36.2% by value

The highest valued deal of the year was Grasim Industries' $8 billion acquisition of Aditya Birla Novo in August

Ventureast makes first closing of its new fund

Fund lines up investments in three new startups - Find Me A Shoe, OS Labs & a digital-health startup

Darjeeling tea will soon have a company of a sister beverage

Coffee Board looks to expand their production at Himachal Pradesh & Darjeeling, to reduce dependence on Karnataka

Vedanta considering revival of Malco unit

This comes as Vedanta plans to raise alumunium capacity utilisation from the current 900,000 tonnes annually to 3.3 million tonnes

Asian Development Bank to provide $500 mn to finance rooftop solar systems in India

Money will be provided to Punjab National Bank, which in turn will lend to various developers and end users to install rooftop solar systems

Cognizant widens bribery probe

Sources said more company executives based in India were likely to be probed over certain payments

PE investments drop 50% to $3.2 bn

VC investments also down 50% to 76 deals during July-Sept quarter

Vedanta to invest $250-300 million to expand Hindustan Zinc production

Other businesses focus would increase the capacity utilisation

TVS Motor two-wheeler sales up 30.1% in September 2016

Scooter sales grew by 12.7 per cent from 75,307 units in the month of September 2015 to 84,850 units in September 2016