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- Ola, operated by ANI Technologies Pvt. Ltd, has acquired online food delivery start-up Foodpanda India from its Germany-based parent firm, Delivery Hero Group, in an all-stock deal for an undisclosed amount and it will infuse $200 million in Foodpanda India’s operations.
- The Union Ministry of Skill Development & Entrepreneurship and Maruti Suzuki India Limited have signed Memorandum of Understanding (MoU) to support Skill India Mission in automobile industry.
- The Flexi MoU aims to provide high employment potential trades related to automobile and manufacturing industry to youth under Skill India Mission.
- Commerce and Industry Minister Suresh Prabhu announced that India will host meeting of World Trade Organisation (WTO) member countries in February 2018 to muster support for food security and other issues.
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