Matrimony.Com, which operates under BharatMatrimony brand, and Quick Heal Technologies have received markets regulator Securities and Exchange Board of India (Sebi) approval to launch their Initial Public Offers (IPOs) and may raise around Rs 1,000 crore.

Matrimony.Com had filed its Draft Red Herring Prospectus (DRHP) with Sebi in August, while Quick Heal had submitted its draft documents in September.

The government has taken steps to prevent poaching of pilots of Air India by its competitors with the national carrier facing a shortage of 180 trained pilots due to resignation and natural attrition, Rajya Sabha was informed today.

"There is a shortage of approximately 180 trained pilots due to resignations/attrition in the recent past and ensuing fleet augmentation," Minister of State for Civil Aviation Mahesh Sharma said in reply to a questioning Rajya Sabha.

With quality determination of fossil fuels posing as a challenge to the government, the state-owned Coal India Ltd (CIL) has roped in additional third-party agencies to do the job.

"CEA (Central Electricity Authority) has recommended empanelment of additional third-party sampling agencies in pursuance to which... Agencies are being empanelled in addition to the existing third-party agencies," Coal India said in a letter.

Reliance Communications (RCOM) has entered into discussions with promoters of Aircel for a possible merger, after over a month of announcement of a similar deal with MTS, Indian unit of Russia's Sistema Group.

RCom has entered into a 90-day exclusivity period with Maxis Communications Berhad (MCB) and Sindya Securities and Investments Private Limited, who are the shareholders of Aircel Ltd.

Google and Ford will announce a new autonomous vehicle joint venture at next month’s Consumer Electronics Show in Las Vegas, says a report in Yahoo Autos. If it goes through, the partnership would represent a significant collaboration between two of the biggest names in the tech and automotive industries.

A Google spokesperson said the company had no comment. TechCrunch has also contacted Ford.

Bengaluru: Nike Inc.’s October announcement of a partnership with DreamWorks Animation-backed Nova to tap 3D technology to change the way it designs its athletic gear, was cheered in the Bengaluru office of Infosys Ltd.

The Indian software services firm invested $15 million in Nova earlier this year, its first investment from a $500 million innovation fund created to back start-ups focused on disruptive technologies.

On Monday the world witnessed the successful landing of SpaceX rocket Falcon 9 at its pad. Launching it after 6 months after the explosion of its last rocket, and after three failed attempts, this marks major victory for Elon Musk and SpaceX.

The last attempt reportedly destroyed two tons of NASA cargo when the unmanned spacecraft crashed. Due to weather conditions and several other reasons the launch was delayed but SpaceX without a hesitation launched Falcon 9 from Florida’s Cape Canaveral Air Force Station on Monday evening.

India, with a projected annual growth rate of 7 per cent, has the potential to be the world’s fastest growing economy over the coming decade, surging ahead of its South Asian economic rival China that will continue to see a slowdown, according to Harvard researchers.

“India has the potential to be the fastest growing economy over the coming decade… India tops the global list for predicted annual growth rate for the coming decade, at 7.0 per cent,” new growth projections presented by researchers at the Centre for International Development (CID) at Harvard University showed.

Consider these numbers. Vodafone has 1.56 million sq ft under retail, with 9,880 exclusive stores. The country’s largest private telecom operator Airtel has 2,350 branded stores covering approximately 1.41 million sq ft.

Idea Cellular has 800,000 sq ft of retail space in the market, putting together 7,200 stores in 5,200 towns. Telenor, which currently operates in six circles, has 2,000 small format stores each measuring 130 to 150 sq ft, covering approximately 280,000 sq ft of retail space.

NEW DELHI/BENGALURU: Infosys, which a few months ago won a landmark Rs 1,380-crore contract from the government to develop a stateof-the-art technology platform for the proposed goods and services tax (GST), is going ahead with the project despite the delay in the GST Bill getting passed, according to ministers and executives directly familiar with the matter.

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