From drop in hiring at startups and IT sector to Tata Group set to becoming the first Indian iPhone maker, here's a rundown of 11 significant news stories to keep you in the know.

The Chandigarh bench of the National Company Law Tribunal (NCLT) recently cleared the merger of Max Ventures with the real estate arm Max Estates. Max Estates will be listed on the exchanges after this merger is complete.

Zuari Agro currently owns 54 percent stake in Mangalore Chemicals. It had bought Mangalore Chemicals in 2015 and is now looking to sell shares and majority control to raise funds to repay debt.

Speaking at the 58th Annual General Meeting (AGM) of mining giant Vedanta, billionaire Anil Agarwal also said that the company will begin its historic foray into semiconductor and display fab business this year. "Subject to nod, will foray into chip & display fabrication this year. This will open an entirely new avenue of rapid growth for the company in the sector that is strategic for the country," he said.