Tata Motors on Friday reported 13.9 per cent decline in group global wholesales, including that of Jaguar Land Rover (JLR), at 1,00,551 units in December 2018.

Tata Motors’ group global wholesales in December 2017 stood at 1,16,677 units. Global wholesales of all Tata passenger vehicles last month stood at 59,898 units, lower by 14 per cent from the year-ago period, Tata Motors said in a statement.

Washington: President Donald Trump said on Friday he is planning changes including a possible pathway to US citizenship to foreigners holding H-1B visas, issued temporarily to highly educated immigrants who work in specialty occupations such as technology or medicine.

“H1-B holders in the United States can rest assured that changes are soon coming which will bring both simplicity and certainty to your stay, including a potential path to citizenship,” Trump said in a Twitter post.

We like Siemens India as a unique bet on the digitisation & automation opportunity alongside the traditional domestic transmission and distribution play. The company will be one of the key beneficiaries of the gradual adoption of new technologies by Indian companies, leveraging on the R&D support provided by the parent and the scalable nature of some digitisation solutions.

The Supreme Court on Friday gave further three weeks time to Reliance Communications (RCom) and Reliance Jio Infocomm (RJio) to resolve among themselves as to who will be liable for the past dues of the former once the spectrum trading deal between the two is cleared by the government.

At its last hearing on January 7, the court gave time to the two sides till Friday to resolve the matter after RJio refused to give an undertaking that it would pay the dues of RCom, if any came to light, once the trading deal was through.

Satisfied with the steps that have been taken by the government in compensating victims of faulty implants manufactured by US-based pharma major Johnson and Johnson (J&J), the Supreme Court on Friday accepted the principles of the formula that have been recommended to pay damages between Rs 30 lakh and Rs 1.22 crore to the patients fitted with the controversial hip implants between 2004 and 2010.

Former bureaucrat Ashok Chawla Friday resigned as chairman of the National Stock Exchange with immediate effect, the bourse said, hours after the CBI said the Centre has granted sanction to prosecute him in the Aircel-Maxis case.

The exchange while making the announcement Friday night did not provide specific details.

RBI Governor Shaktikanta Das Friday met representatives of NBFCs to discuss liquidity and other issues facing the sector.

A high-level delegation of Assocham met the RBI Governor here to highlight the issues on liquidity being faced by non-banking financial companies (NBFCs) and housing finance companies (HFCs), the industry chamber said in a statement.

Continuing with the programme it started in FY18, Infosys on Friday announced buyback of shares worth up to Rs 8,260 crore at Rs 800 per share. The firm is offering the repurchase price at a 16.89 per cent premium over Friday’s closing price of Rs 684.35 on the NSE.

“The board has approved a proposal for buying back equity shares for an amount aggregating up to Rs 8,260 crore, which is less than 15 per cent of the total paid-up share capital and free reserves of the company,” Infosys said.

The Indian Space Research Organisation (Isro) is setting up a ‘Human Space Flight Centre’ in Bengaluru, which will support its quest of making country’s maiden manned space mission a success.

“This centre will help in carrying out the job related to all the human space programmes,” said Isro chairman K Sivan.

Lending major Yes Bank on Thursday submitted the names of the potential candidates for its Managing Director and Chief Executive post to the Reserve Bank of India (RBI).

According to the bank, the Board has submitted an application to the RBI to seek its approval for the names of the selected candidates.

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