Amit Khanduja, CEO, Reliance Games, wants to tap into the gaming startup ecosystem and may look at establishing an accelerator programme for gaming entrepreneurs.

Khanduja, who took over the helm of Reliance Games, the mobile gaming division of Anil Dhirubhai Ambani promoted Reliance Entertainment Group, a year back is also bringing back the India focus within the company and re-entering the Indian market after a hiatus of almost three-years.

India with a low leverage score looks promising among emerging Asian countries, which can deliver a solid growth rate and where the potential for a significant expansion is maximum, says an HSBC report.

According to the global financial services major, emerging Asia falls into two blocs — the first is highly export-sensitive market (Korea, Taiwan, Hong Kong, Singapore, Malaysia, and Thailand) and the second is of more closed economies, where leverage is much lower, like India, Indonesia and the Philippines.

Reserve Bank is expected to cut policy rate by 25 basis points in August meet as inflation at around 6% remains in the “benign” zone and forecast of good monsoon is also expected to help, says a BofA-ML report.

According to global financial services major Bank of America Merrill Lynch investors should not read much into the higher May CPI inflation at 5.76% as it was entirely drive by higher agricultural inflation.

Ashok Sachdev, a New Delhi-based Toyota dealer, is losing his market fast — but what adds to the pain is the loss of employees.

The cause of both, directly or indirectly, is the ban on the registration of diesel vehicles with engine capacity of more than 2,000 cc in the National Capital Region.

Bharti Airtel Ltd, India’s largest telecom service provider, reported a decline in its revenue market share in quarter ended 31 March, according to an IDFC Securities note.

Vodafone India Ltd and Idea Cellular Ltd, the nation’s second and third largest telecom operators, gained revenue market share in the same quarter, according to the IDFC Securities note, citing data compiled by the Telecom Regulatory Authority of India (Trai).

Start-ups want markets regulator Sebi to ease minimum institutional ownership criteria to qualify for launching an initial public offering (IPO). Currently, regulations mandate a company to have a 50% institutional ownership in order to launch an IPO.

However, many small start-ups are funded by angel investors who don’t qualify as institutional investors as per the Securities and Exchange Board of India (Sebi).

Though you could argue with the 49.5% premium, given Microsoft’s mixed luck with mergers/takeovers such as the one with Nokia, the $26.2billion being spent on acquiring LinkedIn probably makes the most sense on the face of things.

Though Microsoft has 1.2 billion Office users—LinkedIn has over 400 million professionals on its network—it has been losing relevance for a variety of reasons, many of which are related to what is called the power of the network.

Mahindra and Mahindra’s truck and buses division aims to double its market share in the heavy commercial vehicles (HCVs) space in the coming two years, beside strengthening its buses business.

In the short run, the company is set to enter the intermediate CV (ICV) space, a category it is absent in, and is putting aside Rs 700 crore for this, over three years. “We will come up with 11 different products in the six to 16-tonne category and, thereafter, will focus on our buses business,” said Nalin Mehta, chief executive officer of the truck and bus division.

Tata Power's acquisition of Welspun Renewables' solar and wind power assets is the biggest deal in India in the renewable space.

Tata Power said the acquisition was strategic and won't burden its financials. But some experts begged to differ, pointing to a couple of contentious issues.

Last week, Mint reported that Reliance Industries Ltd (RIL) will be withdrawing from its ongoing arbitration with the government on natural gas pricing. In March, the government approved pricing and marketing freedom for natural gas produced from difficult terrain (albeit capped with a ceiling price). It also said the new rules will be applicable only on conclusion/withdrawal of pending arbitration or litigation pertaining to gas pricing.

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