Bengaluru: Paytm Money, one of India's largest online platforms for mutual fund (MF) investments, on Friday announced a new offering which allows users to subscribe to NFOs (New Fund Offers) of mutual funds. With this, the platform will allow investments in NFOs from all 40 AMCs in India.

State-run Bharat Heavy Electricals Limited (BHEL) on Monday said it has secured two orders worth Rs 2,500 crore from NTPC for setting up of emission control equipment at two of its thermal power plants. “Valued at around Rs 2,500 crore, the orders have been placed on BHEL by NTPC. The orders involve supply and installation of Flue Gas Desulphurisation (FGD) systems for 13 coal based units at 2,600 mega watt (MW) Korba STPS stage I, II and III in Chhattisgarh and 2,100 MW Ramagundam STPS stage I and II in Telangana,” BHEL said in a BSE filing.

Kanchipuram: At least one person died while four others were injured in a blast near Gangai Amman Temple in Thiruporur on Sunday, police said.

The 'mysterious' explosion sent shock waves among the people in the locality and they had immediately gathered around the temple. To their dismay, they noticed a portion of the temple's compound wall and that of the neighbouring structure were damaged due to the explosion.

St John's: As India registered a comprehensive 318-run win over West Indies in the first Test of two-match series, skipper Virat Kohli added yet another feather to his cap, becoming the most successful Indian captain in overseas Tests.

Kohli went past former captain Sourav Ganguly to achieve the feat. This was Kohli's 12th overseas Test victory. He broke the record in his 26th match as skipper on foreign soil on Sunday. Ganguly had 11 Test wins from 28 matches.

Korea’s Hyundai will continue to make diesel cars in India at least for another 10 years even as rival Maruti has decided to stop using diesel powertrains by 2020.

“Diesel will be sustainable. It will be available till 2030 at least. But if you ask me if it will be sustainable after 50 years from now, I cannot predict,” J.R. Chun, director, engine performance testing, Hyundai Motor Co, said at the launch of the Hyundai Grand i10 NIOS in New Delhi last week.

Senior Congress leader P Chidambaram on Monday moved the Supreme Court, saying his plea challenging the trial court’s order remanding him to CBI custody in the INX medica case has not been listed for hearing today despite the apex court’s direction on August 23.

Senior advocate Kapil Sibal, appearing for Chidambaram, mentioned the matter before a bench headed by Justice R Banumathi and said that during the hearing on Friday last, the court had said that the plea challenging the remand order would be taken up for hearing today but it has not been listed for arguments.

Infrastructure major Larsen & Toubro (L&T) on Monday said its power business has bagged a “significant” order from NTPC to set up flue gas desulphurisation system at Vindhyachal Super Thermal Power Station in Madhya Pradesh. L&T has received engineering, procurement and construction (EPC) order to set up flue-gas desulphurisation (FGD) system at Vindhyachal Super Thermal Power Station at stage-I & II (6×210 mega watt (MW) & 2×500 MW, the company said in a BSE filing.

Billionaire Mukesh Ambani’s Reliance Retail Ltd could launch its “new commerce" venture around Diwali, three industry officials aware of the plans said.

New commerce is Reliance Retail’s offline-to-online initiative, which would link producers, traders, small merchants, brands and consumers through technology. The company, the retail arm of Reliance Industries Ltd (RIL), has been working on its new commerce plan for nearly two years.

Domestic equity benchmark BSE Sensex rallied over 662 points in opening session on Monday after the government rolled back the enhanced surcharge on foreign portfolio investors, and unveiled a slew of measures to boost the economy.

The 30-share index, however, pared some gains as investors began booking profits at higher levels. The index was trading 245.71 points, or 0.67 per cent, up at 36,946.87 at 0930 hours.

Elated over P.V. Sindhu winning the World Championships crown on Sunday, her mother P. Vijaya said the ace shuttler always gave her birthday presents and this time she has given her and the nation a special gift.

Sindhu on Sunday became the first Indian to win the BWF World Championships, crushing Japan’s Nozomi Okuhara 21-7, 21-7 in just 36 minutes in a one-sided final in Basel, Switzerland. Sunday also happened to be Vijaya’s birthday.

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