Today’s India Business News Headlines – 9th June 2017 –

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Here are the Business News Headlines as on 9th June 2017:

  • IRDAI has rejected merger deal between (HDFC Life and Max Life Insurance on Wednesday violates law that bars merger of insurance, non-insurance firms. However, both companies have decided to continue to work towards a merger and an IPO.
  • Real estate developer Mahagun has raised Rs325 crore from Piramal Finance for Delhi NCR projects. Funds will be used to refinance existing debt and as construction finance.
  • Flipkart has started planning to enter into AI and machine learning to customers in smaller cities and towns.
  • Coursera, an Online education platform has raised $64 million in a series D funding round. The company has raised a total of $210.3 million till date.
  • Diesel and Petrol prices would be revised daily from June 16 onwards.
  • After FMCG, Retail and Healthcare sector, now Realtors are moving towards big data Analytics. A few companies have already tied up with Accenture with many more working on it.

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