The deal brings the two start-up stalwarts - Bansal and Ola co-founder and chief executive officer Bhavish Aggarwal - together in the backdrop of growing foreign control in this space.
A crackdown on shell companies, increased regulatory compliance and failure of companies to avail bank credit, and defaulting on loans are some of the reasons cited by accounting professionals for the closure of such a large number of companies
Real estate firm Parsvnath Developers' quest for a mobile licence seems to have hit a roadblock at the Department of Telecom (DoT). Parsvnath, which is one of the seven realty firms in the fray for mobile licences, hasn't mentioned the business of "telecommunications" in its memorandum of association (MoA).
The shares - close to 30% of the total holding - are expected to list on rival National Stock Exchange on or around February 3.
The Andhra Pradesh government is now the registered proprietor of the GI tag for the mango variety often hailed as "the king of fruits".
With a view to break the impasse over the governing of boxing in the country, newly-formed and registered Boxing Federation of India has called for elections in Mumbai on September 25.
The lab has been set up in collaboration with a US and Singapore-based software company 'Autodeck', and will be inaugurate by Dr Tom Joseph, Worldwide Programme Director of the software company tomorrow, said K V Satyamurthy, Associate Registrar of IIT-K.
The Central Bureau of Investigation on Friday submitted a report on its investigation into the March 14 police firing in Nandigram to the Calcutta High court.
Justice Gita Mittal asked AIIMS director P Venugopal and Union Health Minister Anbumani Ramadoss to file their replies by October 31 on the contempt petition of one Dr Manoj Kumar.
Goa Cricket Association has filed an FIR against its former office-bearers including president, in connection with an alleged fraud of Rs 28 lakh in 2008-09.
A committee has been set up to look into complaints of sexual harassment at the workplace in Allahabad high court, its bench in Lucknow and district courts across the state.
With the filing of this approval with the Registrar of Companies, the legal process for the merger have been completed, an official release said.
Andrews had cancelled the visa, saying Haneef had failed the character test provided by immigration laws because he had an association with people suspected of criminal activity, namely his second cousins Sabeel and Kafeel Ahmed.
The Rajasthan high court on Monday extended till September 28 the stay on the notification for shifting the trial in the rape case against Asaram to the central jail premises in Jodhpur and sought the state government's response.
Delhi University on Thursday suspended G N Saibaba, English professor at Ram Lal Anand College, following his arrest for alleged links with Maoists.
A section of members from the National Cricket Club (NCC), one of the affiliated voting units of the Board of Control for Cricket in India (BCCI), questioned as to how late Jagmohan Dalmiya's son Avishek represented the club at the Special General Meeting of the BCCI on Saturday.
Federal Opposition Leader Kevin Rudd said he is pleased with the way Australian Federal Police handled the case.
From disbursing Rs 25.11 crore to political parties in 2014-2015, the Tata group is learnt to have contributed Rs about Rs 600 crore towards the 2019 Lok Sabha election.
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