Mumbai: Falling for the eighth straight session, the BSE Sensex plunged over 311 points on Monday on heavy selling in banking, FMCG, IT, auto and pharma stocks amid sustained foreign fund outflows.

The 30-share index settled 310.51 points, or 0.87 per cent lower at 35,498.44. The broader NSE Nifty fell 83.45 points, or 0.78 per cent, to 10,640.95.

Hyundai car owners rejoice. The South Korean carmaker has started a new initiative wherein it will carry out repair services at a location of customers’ choice. Periodic services, minor repairs, dry wash and car cleaning are some of the services covered under this initiative.

Customers can book and pay for the doorstep services online.

New Delhi: Infrastructure major Larsen & Tourbo (L&T) Monday said its construction arm has won a contract for building a major airport.

The engineering and construction company, however, did not provide the exact value of the contract; but specified that as per its classification, the mega project is in the range of over ₹7,000 crore.

Mumbai: Yes Bank Ltd. fell after India’s central bank reprimanded it for selectively revealing a “confidential" report by the regulator that led to a 30 percent surge in the lender’s shares Thursday. The regulator called the disclosure a “deliberate attempt" to mislead the public.

Surat: Gujarat's 'diamond city' Surat has made it to the international aviation map with the first Air India Express flight arriving here carrying 75 passengers from Sharjah, the airline said on Sunday.

The maiden Air India Express flight IX 172 from Sharjah touched down atthe Surat airport at 11.30 pm on Saturday with 75 passengers on board the Boeing 737-800 aircraft, the airline said in a statement.

Punjab National Bank (PNB), post three quarters of muted profitability (losses), reported PAT of `2.5 bn in Q3FY19. This was led by better-than-expected asset quality even as business momentum continued to remain soft.

(a) slippages were restricted at sub-Rs 40 bn (3.7%). This, with better recovery, led to dip in GNPL; (b) that said, business momentum continued to be soft (albeit improving), which with sustained NIM pressure restricted core operating profitability; and (c) improved coverage led to dip in NNPL & sequential traction in domestic growth was encouraging.

Two years after a change of leadership at the Tata Group, it is abundantly clear that whether it’s Cyrus Mistry or Natarajan Chandrasekaran, cleaning up after Ratan Tata is not easy. Today, the sprawling conglomerate is even more about TCS than when Mistry left it.

The software major accounts for 73% or nearly three-fourths of the combined market capitalisation of ten top 10 companies; this share was just 59% in February 2017, when Chandra took over the reins at the group as chairman, Tata Sons.

It’s been a rough few weeks for the world’s wealthiest man. Amazon.com CEO Jeff Bezos announced his divorce. He became engulfed in a tabloid scandal complete with blackmail allegations. And, on Thursday, his company abruptly scrapped plans to invest $2.5 billion and hire 25,000 people for a giant new office in New York City.

Both the incumbents changed their subscriber definition and plan to focus on revenue-generating users, who will go for a minimum recharge plan every month. Earlier, in one recharge, a subscriber could receive incoming calls for six months. No doubt, the incumbents are moving cautiously to improve their Arpus, and subsequently revenues through such measures.

Actor turned politician Kamal Hassan has made a shocking comment demanding plebiscite in Jammu and Kashmir. According to reports, Kamal Hassan made this statements while talking to reporters in Chennai.

He not only called for a plebiscite in J&K, he also asked what India is afraid of. He accused the country of not taking Kashmiris into confidence. Hassan also branded the terrorists operating in the Valley as 'jehadi fighters' and also called Pakistan occupied Kashmir as 'Azad Kashmir'.

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