A day after the Centre clears proposal to form joint ventures with the states for rail projects, Railways Minister Suresh Prabhu today said the government will soon sign an agreement with Karnataka to form such an...
Formation of JV with states for rail projects
The Union cabinet chaired by Prime Minister Narendra Modi today approved a proposal for formation of joint venture companies between Indian Railways and state governments to mobilize resources for executing rail...
Jugnoo raises $5.5-million in Series-B funding led by Paytm
Chandigarh-based auto rickshaw aggregator Jugnoo has raised $5.5 million (Rs 37.5 crore) in a Series-B round of funding, led by Paytm, with participation from Snow Leopard Technology Ventures. Jugnoo had raised $3...
IRCTC ties up with TravelKhana.com for providing food
NEW DELHI: Expanding the e-catering base, Indian Railways Catering and Tourism Corporation (IRCTC) has tied up with TravelKhana.com for providing food to passengers at rail premises. TravelKhana.Com services will soon...
Lenders drive M&As at debt-laden companies
MUMBAI: About six months ago, a large Indian corporate with substantial debt on its books had several rounds of discussions with a few suitors to sell certain assets. The discussions, however, never materialized into...
Eicher Polaris JV launches nano UV at Rs 2.32 lakh
The joint venture company of Eicher Polaris today launched a compact utility vehicle Multix priced at Rs 232,850 (ex-showroom, Jaipur), which makes the five-seater compete directly against the Tata Nano. Powered by a...
Softbank, Alibaba form global alliance to take on Uber
Ola, India’s largest app-based taxi aggregator, has gone global, partnering with China’s Didi Kuaidi, US-based Lyft and southeast Asian GrabTaxi to offer seamless access to cabs on their apps in these countries. The...
Eicher Polaris JV launches nano UV at Rs 2.32 lakh
The joint venture company of Eicher Polaris today launched a compact utility vehicle Multix priced at Rs 232,850 (ex-showroom, Jaipur), which makes the five-seater compete directly against the Tata Nano. Powered by a...
