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Flipkart acquires Cleartrip for $40 million, why Indian e-commerce players are diversifying into travel sector?

2 days ago
The acquisition move on the part of Flipkart comes during a time when the company was looking into new areas of growth and ways to foray into travel and hotel bookings on its platform.

Coronavirus India Live Updates: COVAXIN production to be ramped up to 100 million doses per month by September

3 days ago
Coronavirus Live Updates India: Prime Minister Narendra Modi today held a review meeting to assess the availability of Medical Oxygen Supply at hospitals and healthcare facilities across the country. With reports of COVID-19 hospitals running out oxygen supply, PM Modi today directed officials fr

Current Affairs Highlights: 2nd Phase of Polling in WB, Assam, Immunization Drive for 45 and Above Begins, Get Latest & Daily Current Affairs Updates Here

Apr 1, 2021
Current Affairs Live Blog: Today i.e. on 1st April, the 2nd Phase of Polling will commence for the on-going assembly elections and also the COVID-19 immunization drive will be opened to people of 45 years and above. To help UPSC, Banking, SSC and other government exam aspirants a

Union Budget 2021 Highlights: PM Modi terms Active and Not Reactive, Focused on Covid-related reforms to Atmanirbhar resolve

Feb 1, 2021
Budget 2021: Finance Minister Nirmala Sitharaman presented Union Budget 2021-22 today in the Parliament. Expectations from this year’s budgets were very high considering it had to provide much needed relief to the ailing economy and also address the traditional challenges or unemployment, f

Silver Lake to invest Rs 7500 crore in Reliance Retail for 1.75% stake

Sep 9, 2020
With the latest investment, Reliance Jio Platforms and Reliance Retail account for over Rs 9 Lakh crore of RIL valuation.

Reliance Retail to acquire Future Group's retail, wholesale businesses for Rs 24,713 crore

Aug 30, 2020
Under the new acquisition agreement, Reliance Retail and Fashion Lifestyle Limited will be taking over the retail and wholesale undertaking of Future Group.

Reliance Retail acquires majority stake in Netmeds for Rs 620 crores

Aug 19, 2020
Reliance Retail has invested to acquire 60 percent holding in the equity share capital of Vitalic and 100 percent direct equity ownership of its subsidiaries including Netmeds.

Flipkart acquires Walmart's Indian wholesale business

Jul 23, 2020
Flipkart has bought the parent company, Walmart Inc’s local Best Price wholesale cash-and-carry business.

Jio-ADIA Deal: Abu Dhabi Investment Authority buys 1.16% Stake In Reliance Jio Platforms; Check Details

Jun 8, 2020
Jio Investment deal: Abu Dhabi Investment Authority (ADIA) gets 1.16% stake in Reliance Jio Platforms through an investment of Rs 5,683.50 crore. Get here details of the Jio-ADIA deal.

Jio-Mubadala deal for 1.85% Stake in Jio Platforms: All you need to know

Jun 5, 2020
Mubadala Investment Company has tied-up with Reliance Jio to buy 1.85% stake in Jio Platforms. Know highlights of Jio-Mubadala deal here.

KKR-Reliance Jio Deal of Rs 11,367 crore for 2.32% stake: All you need to know

May 23, 2020
KKR-Jio Deal: Equity firm KKR to invest Rs 11,367 crore in Reliance Jio Platforms for 2.32% stake. This is fifth such deal in last 30 days after Facebook, Silver Lake, Vista and General Atlantic. Know everything here about KKR-Reliance Jio Deal.

Facebook-Reliance Jio Deal: Know why Mark Zuckerberg bought stake in Ambani's Jio|Explained

Apr 22, 2020
Facebook-Jio deal comes amid the outbreak of Coronavirus (COVID-19) that has impacted the economy worldwide. The partnership will help revive the Indian Economy and overcome the disruptions caused by the deadly virus.

Merger of National Institute of Miners’ Health with ICMR-NIOH

Jul 25, 2019
This merger will absorb all the working people with NIMH in NIOH in the similar post/pay scale as the case may be and their pay be protected.

Salesforce acquired analytics platform Tableu

Jun 11, 2019
Salesforce will play an even greater role in driving digital transformation with Tableau, enabling companies around the world to tap into data across their entire business.

Vodafone Idea Board approves merger with Aditya Birla Telecom

Sep 18, 2018
The amalgamation will give management control to Vodafone Idea to run businesses of the subsidiaries, strengthen its financial position and raise resources against the assets owned by ABTL such as investments in mutual funds, Indus Towers stake including monetisation of such assets.

Vodafone-Idea merger completed; creating India’s largest telecom service provider

Sep 3, 2018
The New Board of Directors comprises 12 Directors including six Independent Directors. Kumar Mangalam Birla is the Chairman.The Board appointed Balesh Sharma as the CEO of the Vodafone Idea Limited.

Union Cabinet approves acquisition of IDBI Bank’s controlling stake by LIC

Aug 2, 2018
The IDBI bank will get an opportunity to tap 11 lakh LIC agents for doorstep banking services, positioning it to improve customer services and deepen financial inclusion.

Vodafone-Idea merger gets final Government approval

Jul 26, 2018
The merged identity will be known as ‘Vodafone Idea’ that will create India's largest mobile-phone company. Kumar Mangalam Birla, Chairman of Aditya Birla Group, will be the Non-Executive Chairman of Vodafone Idea while Balesh Sharma, Chief Operating Officer of Vodafone India, will be the CEO.

LIC board approves acquisition of up to 51 per cent stake in IDBI Bank

Jul 16, 2018
The Life Insurance Corporation of India's (LIC's) board has approved acquiring up to 51 per cent stake in state-run IDBI Bank. Till end of June 2018, LIC owned about 8 per cent of IDBI Bank, while the federal government owned 86 per cent.

Sony to buy EMI Music Publishing in USD 1.9 billion deal

May 22, 2018
EMI is the second-largest music publishing company by revenue and holds the rights to 2.1 million pieces of music including classics by the likes of Queen, Sam Smith, Pharrell Williams and Drake.

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