Tata Motors Saturday said it will increase prices of its passenger vehicles range by up to Rs 25,000 from April on account of rising input costs and external economic conditions.

The company joins the likes of Toyota and Jaguar Land Rover which have also stated that they would hike prices of select models from April.

New Delhi: The country's largest lender State Bank of India (SBI) on Friday said it has raised Rs 1,251.30 crore by issuing Basel III-compliant bonds.

"The Committee of Directors for Capital Raising at its meeting held today on 22 March 2019 deliberated and accorded approval to allot 12,513 non-convertible, taxable, perpetual, subordinated, unsecured Basel lll-compliant additional tier-I bonds,

New Delhi: Markets regulator Sebi on Friday imposed a total penalty of Rs 27 lakh on four entities for indulging in fraudulent trade in illiquid stock options segment of BSE.

Umapati Oil Mill and Ginning Factory, Yudhbir Chhibbar, Kasturbhai Mayabhai Pvt Ltd and Vimladevi Shyamsunder Khetan are the four entities, according to Sebi's separate orders.

IT company Infosys Friday said it would invest $10 million (nearly Rs 70 crore) in California-based artificial intelligence-focussed The House Fund II.

"The company announced today that it will be entering into an agreement with The House Fund II, LP, an AI-focused fund targeting start-ups from the University of California, Berkeley, committing to invest $10 million," the company said in a note.

Mukesh Ambani’s Reliance Industries has set up a company — in Reliance Navi Mumbai Infra (RNMIL) — for real estate development.

It said the company has invested Rs 5 lakh as initial capital in the newly incorporated entity, which is yet to commence its business operations. According to sources, RNMIL will develop properties in the special economic zone to be developed by Reliance Industries in Navi Mumbai.

A Delhi court has ordered attachment of liquor baron Vijay Mallya's properties in Bengaluru in a case relating to FERA violations.

Chief Metropolitan Magistrate Deepak Sherawat issued fresh directions after the Bengaluru Police, through Enforcement Directorate's special public prosecutor N K Matta and advocate Samvedna Verma, sought more time to execute its earlier order in this regard.

Internet giant Google is readying a service that will allow Indians to buy gold on its mobile payments app Google Pay. The plan is to launch ‘Gold Account’ — a gold-linked savings scheme — for users to purchase gold at prevailing market prices, maintain gold balance virtually and redeem at a later stage as gold coins or cash.

As many as 41 people have died due to swine flu in Madhya Pradesh's Indore.

"From January till date, we sent 644 samples for tests, out of which 152 were positive and reports of 10 are yet to come. 41 deaths reported out of which 20 were from Indore city. Currently, 19 patients with swine flu are admitted," Praveen Jadiya, chief medical and health officer, Indore told ANI.

The Reserve Bank of India (RBI) has postponed roll out of the new accounting standards (IndAS) for the second time.

It is awaiting amendments to the banking laws before adopting the norms. The central bank, however, did not specify the new date for its implementation.

German luxury car maker Mercedes Benz is planning to bring in a range of new technologies in order to increase their foot print in India. Starting from upgraded internal combustion engines to battery-powered electric vehicles and plug-in hybrids, the company is looking out for all the viable options that make sense for the Indian luxury-car market

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