The revenue from Surface laptops increased 39 per cent in the second quarter and the category delivered strong double-digit growth in both consumer and commercial space, Microsoft CEO Satya Nadella has said. Nadella told analysts during the company’s earnings call late Wednesday that the Surface had its biggest quarter ever this holiday. It continues to innovate and expand the family of devices, setting the bar for the industry with the newest Surface Pro, Surface Laptop and Surface Go.

Lenders of the cash strapped Jet Airways will restructure loans given to the airline under the 'Sashakt' scheme, State Bank of India (SBI) Chairman Rajnish Kumar said on Friday.

Speaking at a concall after the third quarter earning results on Friday, Kumar said the debt recast proposal would go to the screening panel of Indian Banks' Association (IBA).

The government on Friday said the single window clearance system for ease of shooting films, available only to foreigners until now, will now be made available to Indian filmmakers as well.

Finance Minister Piyush Goyal announced key initiatives taken by the government for the entertainment industry in the interim budget in 2019-20.

There is no hike in passenger fare and freight charges in the Interim Budget announced by Finance Minister Piyush Goyal Friday, which also saw an allocation of Rs 64,587 crore and the highest ever capital expenditure of Rs 1.58 lakh crore for the national transporter.

Union Minister Arun Jaitley defended the detailed tax announcements made by Finance Minister Piyush Goyal on Friday, saying that there were precedents in the 2009 and 2014 interim budgets.

“Interim Budgets that are presented in the election year seek a Vote on Account for a limited period till the post-election government can decide the further direction of the economy.

State Bank of India beat expectations and posted its highest quarterly profit in nearly seven years on Friday, as the country’s biggest lender by assets set aside lower provisions for bad loans and asset quality improved.

Its net profit was 39.55 billion rupees ($556 million) for the third quarter ended Dec. 31, versus a loss of 24.16 billion rupees a year ago, and analysts’ expectations for a profit of 32.08 billion rupees, according to Refinitiv data.

TRAI’s New Rule for DTH: TRAI’s ambitious plan to usher TV viewing in new era has kicked in today and while a large number of the population has already switched over to the new plan, the service providers along with the authority are regularly working to prioritize the switch, TRAI said in a press release on 31 January 2019.

The country's largest carmaker Maruti Suzuki India Friday reported a marginal increase in its sales at 1,51,721 units in January.

The company had sold 1,51,351 units in January last year, Maruti Suzuki India said in a statement.

Reversing a four-session slide, market benchmark Sensex surged over 665 points on Thursday as investors piled into recently beaten down banking, auto, IT and FMCG stocks ahead of the Union Budget.

Trading sentiment was also upbeat following US Federal Reserve’s dovish policy stance, which propelled global equities.

Against stiff competitive bidding, Bharat Heavy Electricals Limited (BHEL) has won two orders for Primary side heat exchangers from Nuclear Power Corporation of India Limited (NPCIL).

Cumulatively valued at around Rs 97 Crore, the orders envisage manufacture and supply of four moderator Heat Exchangers and 18 D2O Heat Exchangers for the 2x700 MWe Pressurised Heavy Water Reactors (PHWRs) to be installed at Gorakhpur Haryana Anu Vidyut Pariyojna (GHAVP) in Fatehabad district of Haryana.

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