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Monthly News July 2014

Tata Group to invest $35 billion in thre...

Tata Group to invest $35 billion in three years

Tata Group has announced plans to invest $35 billion (Rs.2.10 lakh crore) in three years with an objective to emerge as one among the top 25 business groups in the world. This was stated by Tata Group Chairman Cyrus Mistry here at an internal meeting attended by CEOs of group companies on the... read more »

Flipkart, Amazon announces $2 billion in...

Flipkart, Amazon announces $2 billion investment in India

A day after home-grown e-tailer Flipkart announced a $1 billion round of funding, global online retailer Amazon said that it would invest an additional $2 billion to support its rapid growth and enhance its customer and seller experience in India. “After our first year in business, the... read more »

Deny India access to detainees: senator

Deny India access to detainees: senator

An Australian senator has criticised the government’s decision to allow the Indian Consular officials to assess the identity of 157 asylum seekers currently being held in a detention centre in the country. Senator Sarah Hanson-Young opposed the move on Monday, stating that “there is no basis... read more »

22 civilians reported killed in east Ukr...

22 civilians reported killed in east Ukraine

Local authorities in eastern Ukraine said at least 22 civilians have been killed in one day by shelling. City hall in Luhansk, which is under the control of separatist rebels, said on Tuesday that five people were killed when an old people’s home was struck by artillery fire. Russian television... read more »

Bayern Munich chairman: Club will never fire Guardiola

Bayern Munich’s chairman is giving coach Pep Guardiola a ringing endorsement as he prepares for his second season in charge, saying that the club will never fire him. Chairman Karl-Heinz... read more »

Pakistan players at ‘ProKabaddi League’ after all!

It was an open secret, only to a few though. The three Pakistan Kabaddi players and a technical official who were granted visa by the Indian High Commission in Islamabad last Thursday were... read more »

PayPal hires country manager for India

Online payment provider PayPal, which slowly phased out some of its services in India over the last few years, has appointed Vikram Narayan as the Country Manager of its India operations,... read more »

Amazon plans doorstep delivery by drones

Amazon India to expand same-day delivery capability with 5 new warehouses

Customers who shop on online retailer Amazon can expect faster shipping times and greater availability shortly as the e-commerce player plans on opening five new fulfilment centres in... read more »

New Jaguar XE to make global debut in September

Tata Motors-owned Jaguar Land Rover will hold the global premiere of the new Jaguar XE luxury sedan in London on September 8. The Jaguar XE will use a new grade of high strength aluminium called... read more »