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Microsoft India and Tata Trusts have signed an agreement to jointly work for the development of handloom clusters in the Eastern and North-Eastern parts of the country. The two entities will provide business and communication skills, design education and digital literacy to handloom weavers in order to improve their business prospects. https://www.thehindubusinessline.com/todays-paper/tp-info-tech/article26801893.ece

DP World-operated International Container Transshipment Terminal (ICTT) in Kochi added a new weekly mainline service — the China-India Express 2 — operated by Wan Hai Shipping Line. The maiden vessel called on Vallarpadam Terminal and the service is expected to strengthen direct connectivity from Kochi to Far East locations. https://www.thehindubusinessline.com/todays-paper/tp-news/article26788465.ece

The Competition Commi­ssion of India (CCI) approved engineering and construction major Larsen & Toubro’s (L&T’s) proposal to acquire up to 66.15 per cent stake in Mindtree. With this nod, L&T has overcome the first major regulatory hurdle in its bid for ‘hostile’ takeover of the Bengaluru-headquartered IT services firm. https://www.business-standard.com/article/companies/cci-approves-l-t-s-proposal-to-acquire-up-to-66-15-stake-in-mindtree-119040600049_1.html

Alphabet’s Google, along with investors such as Alteria Capital, Blume Ventures, and Greyhound Capital (a new investor), are investing Rs 80 crore in delivery start-up Dunzo. The proceeds are expected to help the firm take on larger players such as Swiggy, Zomato and Grofers. https://www.business-standard.com/article/companies/dunzo-set-to-raise-rs-80-crore-from-google-others-in-fresh-funding-119040500073_1.html

India’s 12 State-owned ports loaded 9.876 million TEUs (20-foot equivalent units) in FY19, 8.08 per cent more than in the previous year. In FY18, they handled 9.138 million TEUs. Containers handled at major ports are expected to cross the 10-million TEU mark this fiscal. https://www.thehindubusinessline.com/todays-paper/tp-info-tech/article26729041.ece

Home-grown white-goods maker, Detel, plans to expand its portfolio and gain a pan-India presence. The focus will be “affordable segment” and price-sensitive markets. The company’s current portfolio includes mobile phones, accessories (SD cards, earphones, Bluetooth speakers) and television sets. It is aiming to close the year with a turnover of Rs. 100 crore. https://www.thehindubusinessline.com/todays-paper/tp-others/tp-states/article26708323.ece

DHL SmartTrucking has signed up with Sneha Farms, a leading conglomerate engaged in poultry integration, feeds, premixes, solvent extractions and refining of edible oils, to streamline their business operations with logistics. https://www.thehindubusinessline.com/todays-paper/tp-others/tp-states/article26649174.ece

The University of Chicago has tied up with the Tata Centre for Development for taking up 27 research projects that aim to provide new evidence-based solutions to certain development and policy problems. https://www.business-standard.com/article/companies/uchicago-tata-centre-tie-up-to-rate-india-s-most-polluting-industries-119032500306_1.html