Mumbai: In a major setback to Sebi, Securities Appellate Tribunal or SAT today overturned the markets regulator's order banning Price Waterhouse Coopers from auditing any listed company for two years for its role in the ₹7,800-crore Satyam scam. However, SAT partly allowed disgorgement of the ₹13 crore fee from the auditor.

Not losing hope, the Indian Space Research Organisation continued to make all-out efforts to establish link with Chandrayaan-2’s ‘Vikram’ lander, now lying on the lunar surface after a hard-landing.

Vikram, with rover ‘Pragyan’ housed inside it, hit the lunar surface after communication with the ground-stations was lost during its final descent, just 2.1 km above the lunar surface, in the early hours of Saturday.

The Country’s largest public sector bank – State Bank of India – sought issuance of 147 Look Out Circulars (LoCs) in the last five months in connection with bank fraud cases, an RTI response from the bank said.

Data shows that the bank started seeking LoC from the Bureau of Immigration from April this year.

Hinduja Group flagship firm Ashok Leyland on Monday announced non-working days at its various manufacturing facilities following weak demand. “Following are the non-working days at our various plant locations during September 2019 due to continued weak demand for our products”, the company said in a BSE filing.

Jeff Bezos’ Amazon is reportedly testing a new feature for its popular e-commerce platform to help shoppers discover newly released products. In the latest attempt, Amazon will help customers to decide what to buy, CNBC reported, and the company is testing the feature in select markets for certain customers, a company spokesperson told the news channel.

Infrastructure company Larsen & Toubro (L&T) on Monday said its construction arm has bagged contract from the City and Industrial Development Corporation of Maharashtra Ltd (CIDCO) to construct 23,432 dwelling units at various locations in Navi Mumbai. The company did not provide the value of the contract, but said the order falls under the ‘major’ category, which ranges between Rs 5,000 crore and Rs 7,000 crore according to the classification of contracts.

Jack Ma steps down next week as chairman of Alibaba, but the start-up he built into and online retail behemoth is expected to keep thriving into a new era thanks to a culture of innovation he helped nurture. A former English teacher whose often playful image shattered the stereotype of the drab Chinese executive, Ma officially leaves on Tuesday, his 55th birthday.

The Digital Communications Commission (DCC) is scheduled to meet on September 19 to finalise the pricing and other modalities for the upcoming spectrum auction. As per sources, an internal committee of the DoT has already approved the revised recommendations regarding the auction submitted by the Telecom Regulatory Authority of India (Trai).

The regulator has largely stuck to its recommendation on the reserve price of spectrum, including for the 5G band.

After her recent record-breaking achievement of bagging India’s first gold at the BWF World Championships, 24-year-old PV Sindhu is taking her time to pick and choose new brand endorsement deals. “We don’t want brands to suddenly get excited about Sindhu. She will choose credible and long-term partnerships that are not contingent to only her performance and wins,” says Ramakrishnan R, co-founder and director of Baseline Ventures, Sindhu’s talent management firm.

Taking a strong stance against Islamabad for using its consulate for anti-India activities, Iranian officials on 15th August forcibly removed banners from Pakistan's consulate in the northeastern city of Mashhad. The anti-India banners on so-called "Kashmir Solidarity day" were removed in the middle of the night from the walls of the Pakistani consulate by the local police.

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