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20 February, 2018 4:40 PM 37 companies get land to set up units under DMIC project

Alkesh Sharma, CEO and MD, DMICDC said that across the DMIC, large, contiguous, litigation-free parcels of land are being offered to set up industries. As many as 37 companies, including South Korean conglomerate Hyosung Corporation and Micromax, have been allotted land to set up units under a node of the DMIC project, the Delhi Mumbai Industrial Corridor 24

20 February, 2018 1:01 PM SpaceX Falcon 9 Rocket To Send First Test Internet Satellites To Space: All You Need To Know

SpaceX Falcon 9 rocket will send first batch of two Starlink broadband satellites to test out the technology needed to beam down internet from the space. New Delhi: Helmed by Tesla CEO Elon Musk, SpaceX Falcon 9 rocket will launch on Wednesday, after a delay of four days from its original scheduled date of February 17. The rocket will send first batch 22

19 February, 2018 1:40 PM Orient Electric eyes 25% share in fan market

Orient Electric, part of the CK Birla Group, is aiming to corner around 25 percent share of the domestic fan market in the next two years, a top official said today. Besides, Orient Electric is aiming to double its market share in the premium fan segment to 70 percent by 2020. The company expects premium fans to contribute to 10 percent of the total 43

19 February, 2018 11:24 AM IIFL aims to double home loan book to Rs 28,000 crore by 2020

IIFL Home Loans today said it aims to more than double its loan book to Rs 28,000 crore by 2020, primarily due to focus on affordable housing segment. A subsidiary of India Infoline Finance Limited, IIFL Home Loans has a loan book of Rs 12,000 crore currently. "We are targeting urban middle and lower income population which has a monthly income of Rs 25,000-40,000. The reason 28

18 February, 2018 8:57 AM Law Ministry Silent On Poll Panel Query Whether PIOs Can Campaign In Indian Elections

New Delhi: Will people of Indian origin violate any law or visa rule if they campaign in elections in the country? The law ministry has maintained silence on this question posed by the Election Commission after the Punjab assembly elections. It has, on the other hand, asked the poll panel whether it has any particular suggestion to make on the issue 55

17 February, 2018 5:33 PM How MNCs tackle the diversity called India

For them, manufacturing in the country is a ‘challenge’ For multinationals in India, manufacturing in the country is a “challenge”. Erich Nesselhauff, MD, Daimler India Commercial Vehicles, had on hand a long list of problems that companies such as his face here. “When you start in India you think there is a rule book. But the rulebook isn’t real. This makes 41

17 February, 2018 8:20 AM Digital payment drama: MobiKwik & Medianama discuss mobile money battle

WhatsApp's entry into the Indian digital payments space has ruffled Paytm's feathers. CNBC-TV18 spoke to Paytm’s Founder Vijay Shekhar Sharma on February 15th. In that conversation a visibly miffed Sharma hit out at retail payment regulator National Payments Corporation of India (NPCI) for allowing WhatsApp Pay to rollout in India without password 13

16 February, 2018 4:52 PM Zoomcar raises $40 million from Mahindra, others

‘Funds to be used to accelerate marketplace supply growth’ Self-drive car rental start-up Zoomcar said it had closed $40 million (₹256 crore) in a series C investment round led by automaker Mahindra & Mahindra. It said a variety of existing investors had also participated in this round. The company would use the funds for accelerating its marketplace 36

16 February, 2018 7:51 AM Mahindra to invest up to ₹176 crore in car-rental startup Zoomcar

“We are confident that this partnership with Zoomcar will help further our vision to transform mobility in the country, thereby creating a more connected ecosystem,” said Dr. Pawan Goenka, managing director of Mahindra & Mahindra Ltd, in a statement. The investment, converted to common stock of Zoomcar Inc on a fully diluted basis, would constitute approximately 20

16 February, 2018 6:48 AM Amazon now world's third-most valuable company

San Francisco: With a market cap of $702.5 billion, Amazon has become the third most valuable company in the world, racing past Microsoft, which has a market cap of $699.2 billion. According to a report in The New York Post, Amazon stock surged 2.6 per cent on Wednesday, taking the company's market cap ahead of Microsoft for the first time. Apple tops the list with $849.2 billion 36