Twentyfour Airports Identified for Domestic Cargo Terminals
Spain furnishes Draft MoU for Smart City Cooperation; Proposes to develop Delhi as global and smart city
Capgemini acquires IGATE for $4 bn in all-cash deal
GDP will grow at 7.7% in 2015-16, India Ratings says
Care Hospitals acquires property in Hyderabad
Mumbai: Care Hospitals Pvt Ltd has acquired a new property in Hyderabad from the US-based Alexandria Medical Center. The property, a new building with 300,000 sq ft built-up area near Hyderabad’s IT hub HITEC City, will be converted to a 250-bed hospital.
Crompton Greaves to sell stake in consumer products division to Advent, Temasek
Mumbai: Avantha Group has sold its 35 per cent stake in Crompton Greaves’ consumer products division to private equity (PE) firms Advent International and Temasek for Rs 2,000 crore (US$ 314.14 million).
Infosys acquires m-commerce platform for $120 million
Bengaluru/ Chennai: Infosys has acquired US-based digital experience provider Kallidus for US$ 120 million.
Indian biotech firm Stempeutics Research gets China Patent for its novel stem cell drug
Bengaluru: Stempeutics Research has been granted a process patent for its stem-cell based drug Stempeucel by the State Intellectual Property Office of the People’s Republic of China. Stempeutics has become the first company in the world to be granted a patent by the Chinese patent office.
PM: India makes transformation from a country worried about its “brain-drain,” to a country that thinks of “brain-gain.”
Govt will set up fund to guarantee student loans
New Delhi: The Government of India plans to set up a fund that will provide surety to banks against loans given to students for higher education.