Latest India Business News headlines 7th May 2019 – Tentaran

Latest India Business News headlines 7th May 2019
  • Bharti Airtel and Hughes Communications India have entered into an agreement to combine their VSAT operations in India, subject to approval from the relevant authorities.
  • Tiger Global is in talks to buy a significant minority stake in Sirion Labs, a SaaS provider. Sirion Labs helps large enterprises manage outsourcing and procurement services and provides contract management software.
Latest India Business News headlines 7th May 2019
  • As per an ICRA report, there were M&A transactions in the health sector to the tune of Rs.7615 Crores in FY19, highest in over five years.
  • Mastercard will invest $ 1 billion in India over the next five years.
  • McDonald’s and Vikram Bakshi have told NCLAT that they are working on an out-of-court settlement to end their dispute.
  • BookMyShow has entered into a five-year partnership with Dubai’s Coca-Cola Arena, the biggest multipurpose indoor arena of Dubai. BookMyShow will deliver international content and will sell tickets to all live events of the arena across UAE.
  • Ratan Tata has invested an undisclosed amount in the electric vehicle business of Ola.
  • Stanza Living, a student accommodation service provider, has entered Bengaluru with 5,000 beds. It plans to hit 1 lakh beds across India by the end of 2021. The company’s revenue stood at ₹20 crore in 2018-19.
  • L&T bought over 0.75 percent shares of Mindtree worth Rs.112.91 crores from the open market. It is reportedly planning to keep buying more shares to get a controlling stake in Mindtree.
  • Representatives of over 100 US companies are visiting India to explore business opportunities. The tour is part of US Deptt. of Commerce’s annual trade mission program.
  • Ambuja Cements have filed a complaint against a fake website being used to trick customers and get funds to a benami account from customers looking to buy online.
  • Curefit has received a funding of $75 million from Anand Piramal, Accel Growth, Kalaar Capital and IDG Ventures. The company is valued at over $500 million.
For more articles like ‘Latest India Business News headlines 7th May 2019’, do follow us on FacebookTwitter, and Instagram.

Leave a Reply

Your email address will not be published.

The content and images used on this site are copyright protected and copyrights vests with their respective owners. We make every effort to link back to original content whenever possible. If you own rights to any of the images, and do not wish them to appear here, please contact us and they will be promptly removed. Usage of content and images on this website is intended to promote our works and no endorsement of the artist shall be implied. Read more detailed ​​disclaimer
Copyright © 2019 Tentaran.com. All rights reserved.