Gurgaon-based online healthcare marketplace Healthians.com has raised funding from cricketer Yuvraj Singh’s YouWeCan Ventures, an early stage venture fund which was launched in April this year. This is the fourth investment by YouWeCan Venture since its inception. Its other investments include beauty and wellness segment Vyomo, on-demand logistics service provider Moovo, and education marketplace Edukart.

Launched in 2014 by Deepak Sahni, Healthians is one-stop destination for all kinds of Preventive Health check-ups & related information. Healthians.com preventive check-up programs are specifically designed to detect, monitor and prevent potential health problems.

Kolkata-headquartered ITC has snapped up 38 apartments in Crescent Bay, located in Parel, central Mumbai, for close to Rs 140 crore. The purchase comes as a bit of a surprise given most companies prefer to lease apartments rather than buy them.

While the going rate for flats in the area is anywhere between R25,000 and R27,000 per sq ft, the cigarette major is understood to have got itself a good deal, paying around R23,000 a sq ft. The residential complex, promoted by Larsen & Toubro, houses flats with both two and three bedrooms covering between 1,320 sq ft and 2,100 sq ft, priced at R3-5 crore.

Continuing its upward journey for the ninth consecutive day, the benchmark BSE Sensex gained over 72 points and the NSE Nifty inched towards regaining 8,400-mark in early trade today as investors indulged in enlarging positions driven by positive domestic as well global cues.

Nifty reclaimed its 8,400 mark around 9.52 am.

Infosys Ltd has allotted over 124,000 shares valued at Rs 5 each at par to its first non-founder chief executive Vishal Sikka, the global software major said on Tuesday.

“The board granted 124,061 restricted stock units (shares) to Vishal Sikka at a price of Rs 5 per share, as per the provisions of the 2011 plan,” the company said in a regulatory filing to the Bombay Stock Exchange (BSE).

MUMBAI: "Have you seen the Matrix? Remember the scene where Neo and Trinity get into a helicopter and don't know how to fly it. So Neo just downloads the instructions into his brain and they're off ? This product is exactly like that," says Harrick Vin, vice-president and chief scientist at Tata Consultancy Services, describing the company's latest product.

The description itself is a shift for the industry. Indian IT firms, known more for their labour arbitrage model than innovative technology, rarely get to compare products to something seen in cult sci-fi films.

Start-ups have welcomed Sebi's decision to ease rules for listing on domestic exchanges saying it will provide them the much needed access to funds.

Sebi's move is mainly aimed at helping start-ups to raise money locally by tapping the capital market rather than going overseas.

Wipro Enterprises and Heinz India are locking horns over the trademark of their glucose-based chewable tablets. Wipro, which owns Glucovita Bolts brand of chewable tablets, has filed an appeal in the Madras High Court against a single-judge order, which dismissed its plea for an interim injunction against Heinz’s usage of the trademark Glucon-D Volt. Wipro says its product Glucovita Bolts was a market leader between 2012 and 2015.

Wipro claims Heinz’s product is phonetically and visually similar to its trademark. T V Ramanujun, senior counsel for Heinz India, said the allegations of Wipro are baseless.

GMR Infrastructure has joined a long list of Indian companies that have asked banks to restructure their loans under the 5/25 scheme as they are unable to meet their debt servicing commitments due to an economic slowdown.

Aimed at providing relief to the infrastructure sector, the 5/25 scheme allows banks to extend the repayment schedule of loans to 25 years with an option to refinance them at the end of five years. A slew of Indian companies setting up power, pipeline and road projects have sought extended repayment.

State-run equipment maker BHEL today said that it has commissioned a 250 MW unit of NTPC's Bongaigaon thermal power plant in Kokrajhar district in Assam.

"Bharat Heavy Electricals Limited (BHEL) has achieved one more milestone by successfully commissioning a 250 MW coal-based thermal plant in Assam. The unit has been commissioned at the upcoming Bongaigaon Thermal Power Station (TPS) in Assam," BHEL said in a press released.

Wipro Enterprises Ltd and Heinz India Pvt Ltd are locking horns over trademark of their glucose based chewable tablets. Wipro, which owns Glucovita Bolt brand of chewy tablet, has filed an appeal in the Madras High Court against a Single Judge order dismissing its plea for an interim injunction against Heinz's usage of the mark Glucon-D Volt.

Wipro, which claims that its product Glucovita Bolt has been present in the market from 2012 and between the years 2012-2015, it was a market leader having a turnover of Rs 22.3 crore with an advertisement expenditure of Rs 11.2 crore, alleged that the Glucose based chewable tablet, manufactured and marketed by Heinz India and Candico (I) Ltd is phonetically and visually similar to the trademark.

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