Fosun Pharma looks to digest India’s Gland, eyes other markets

Fosun Pharma's chairman Chen Qiyu said the firm was focused on integrating the Indian injectible medicine maker to help tap US, European and Indian markets. Read more »

LeEco to host Epic 919 Superfan Festival

LeEco has been hosting this festival in China and in 2015, the Epic 919 festival had become the third largest B2C online shopping festival in China. Read more »

JLR to introduce new engines to reduce vehicle emissions

JLR says the new engine will deliver up to 25 per cent more power than the engines they replace and offer fuel consumption reductions of up to 15 per cent. Read more »

Railways considering introduction of Talgo type trains

The Talgo train completed its final trial between Delhi and Mumbai in less than 12-hours at a maximum speed of 150 km per hour speed yesterday. Read more »

SpiceJet in pact with Hahn Air for better global reach

With the interline agreement in place, SpiceJet's domestic and international services will now be available on all GDSs and will be issuable on the Hahn Air platform. Read more »

Axis, Yes Bank and Kotak Mahindra among new shareholders of National Payments Corporation of India

The new shareholders are 13 public sector banks, 15 private sector banks, one foreign bank, 10 multi-state cooperative banks and 7 regional rural banks. Read more »

India takes US renewable energy dispute to the World Trade Organization

The complaint alleges the states of Washington, California, Montana, Massachusetts, Connecticut, Michigan, Delaware and Minnesota prop up their renewables sector. Read more »

Government to set up agency to provide up to Rs 20k crore for research in IITs

The HRD Ministry's proposal to this effect was cleared at a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi today. Read more »

Fashion discovery app Findow raises seed round

The platform also has an in-built marketplace for registered brands to reach out to shoppers. Read more »

Confirmed seat on demand by 2020: Railways

Speaking on the sidelines of a function, Manoj Sinha said there is a huge gap between passenger requirement and the existing infrastructure. Read more »