UpFront
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Japan's JERA enters India, picks up 10% stake in ReNew Power Ventures
The investment values the company at 2 billion as it prepares for the next phase of growth through the IPO route
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New Honda City 2017 launched at a starting price of Rs 8.5 lakh
The vehicle will compete with Maruti Ciaz and will be available in both petrol and diesel variants
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AAI to spend $2.61 billion in airport upgradation: Civil Aviation Minister
Ashok Gajapathi Raju says the current double-digit growth that the sector is witnessing would put a strain on the existing infrastructure
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India needs around 400 fighter jets, 1,000 helicopters: Defence Minister
Manohar Parrikar says the country's private sector and aviation industry can hugely benefit from indigenous production
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Nearly three-fold increase in M&A deals y-o-y in Jan
Total M&A stood at $2,364 mln in January this year as against $827 mln in Jan 2016. PE activity declines by over 40 percent during the same period
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L&T and MBDA in JV for development of sophisticated missile systems
Joint venture will start with development and supply of anti-tank guided missiles
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Flutura raises $7.5 million in funding led by Vertex Ventures
The series A funding will help the industrial internet-of-things startup to develop its technology further and add customers
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Will Vodafone's new Idea work?
Analysts are certain joining hands will enable Vodafone and Idea to withstand competition in telecom sector, though competition itself unlikely to ease
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M&M posts strong market share growth in tractors
At 44 percent it is the highest quarter share since 2007
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IT spending in the banking and securities industry in India to reach $8.9 billion in 2017: Gartner
The study estimates a 9.7 percent increase from the previous year