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Mithali Raj bids adieu to T20I cricket to focus on 2021 ODI World Cup

Mithali Raj bids adieu to T20I cricket to focus on 2021 ODI World Cup

Former India women's team skipper Mithali Raj on Tuesday announced retirement from T20 Internationals in order to focus on the 2021 ODI World Cup to be held in New Zealand.

Mithali led India in 32 T20Is, including the three Women's WT20 World Cups in 2012 (Sri Lanka), 2014 (Bangladesh) and 2016 (India).

Sensex plunges over 500 points, PSU banks under pressure

Sensex plunges over 500 points, PSU banks under pressure

Mumbai: Domestic equity benchmark BSE Sensex dropped below the 37,000 level, plunging over 500points, in afternoon trade on Tuesday tracking heavy selling in financial sector and auto stocks amid weak domestic and global cues.

The 30-share index was trading 516.79 points, or 1.38 per cent, lower at 36,816.00 in afternoon trade, while the broader Nifty sank 151.95 points, or 1.38 per cent, to 10,871.

Pistol World Cup: Manu-Saurabh win gold, Yashaswini-Abhishek bag silver

Pistol World Cup: Manu-Saurabh win gold, Yashaswini-Abhishek bag silver

Manu Bhaker and Saurabh Chaudhary staged a remarkable comeback to claim the mixed 10m air pistol gold, ending India’s campaign on a rousing note in the World Cup.

Representing the other Indian team in the same event, Yashaswini Deswal and Abhishek Verma won the silver as India picked up the maximum possible medals on the final day of the tournament.

L&T Construction bags order for Navi Mumbai International Airport

L&T Construction bags order for Navi Mumbai International Airport

Infrastructure major L&T on Tuesday said its construction arm has bagged the contract for construction of the Navi Mumbai International Airport. The company did not provide value of the contracts but said the orders fall under “major” category which ranges between Rs 5,000 crore and Rs 7,000 crore as per its classification of contracts.

Air India says I am the Maharaja, not IndiGo; refutes report of losing international crown

Air India says I am the Maharaja, not IndiGo; refutes report of losing international crown

The state-run carrier Air India is still the market leader to fly on international routes with more than double the capacity of rival IndiGo, the airline said on Monday. The clarity on the matter comes a day after a report said that the Maharaja has been pipped by IndiGo as the later “now has the largest share of international seats to/from India”, a consultancy firm, Centre for Asia Pacific Aviation (CAPA), said in its report on August 31.

Small fashion e-tailers bank on Flipkart, Amazon, other big players for survival

Small fashion e-tailers bank on Flipkart, Amazon, other big players for survival

In the competitive fashion e-tailing segment, smaller e-tailers and online-first private labels are now flocking to the sector’s mega marketplaces in order to survive. Consider how fashion marketplace Voonik, which has pivoted its business model to become a fashion brand, recently launched 350 products on Snapdeal. The start-up also plans to introduce its products on Amazon and Flipkart-owned Myntra.

Jio Fiber likely to hit BSNL hard, Bharti Airtel not much

Jio Fiber likely to hit BSNL hard, Bharti Airtel not much

Reliance Jio may have big plans for its fibre-to-the-home (FTTH) services — to be commercially launched on September 5 — but analysts feel the launch of the new service would not be as disruptive for the incumbents as Jio’s mobile services had been when launched three years ago on the same date.

If at all, there’s any major disruption by the launch of Jio’s wireline FTTH services JioFiber, it will be for the state-owned Bharat Sanchar Nigam (BSNL), which is currently the market leader in this segment.

Cut GST before festival season: Carmakers to government

Cut GST before festival season: Carmakers to government

Auto industry body Society of Indian Automobile Manufacturers (Siam) on Monday sought immediate steps from the government, including reduction in GST rates and initiation of scrappage policy, as sales continued to fall with passenger vehicle makers witnessing a decline of 30% offtake in August.

Siam said even commercial vehicle and two-wheeler sales are significantly negative, indicating that the market has still not responded to the various steps initiated by the finance minister Nirmala Sitharaman last month.

RBI plans varnishing to increase note life

RBI plans varnishing to increase note life

Reserve Bank of India seems to have stopped pursuing the introduction of plastic notes which was one of the main agendas until last year.

Instead, it will come out with a varnished note. As a pilot the Central bank will varnish a few batches of Rs 100 notes.

Maruti cuts output by 34% in August

Maruti cuts output by 34% in August

Maruti Suzuki India, India’s top carmaker, has reduced its production by 33.99% in August, making it the seventh straight month that the country’s largest car maker reduced its output.

The company produced a total of 1,11,370 units in August as against 1,68,725 units in the year-ago month, it informed the BSE on Monday.

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