Clearing the deck for sale of Reliance Communications Ltd's spectrum to Reliance Jio Infocomm Ltd, the Supreme Court on Friday asked Reliance Communications to furnish a corporate guarantee of Rs 14 billion within two days to get the No Objection Certificate (NOC) from the government.

Bajaj Auto on Thursday introduced the all new Pulsar 150 Neon collection. The all new Pulsar 150 Neon 2019 collection comes with a young and peppy styling along with the sporty appeal and is for customers looking at a bike with size and performance above the 100/110 cc offerings. The new Pulsar 150 Neon is made available at an exciting introductory price of Rs 64,998/- ex showroom Delhi and is available across all Bajaj Auto dealerships in India.

India’s second largest IT firm Infosys said Thursday it has bagged a deal from Citizens Energy Group to enhance the latter’s customer service experience.

As part of this engagement, Citizens will transform its customer service by leveraging ‘Infosys Preconfigured Accelerator for Customer Experience (PACE)’, Infosys said in a statement.

India on Thursday successfully launched its latest earth observation satellite HysIS, the data from which can be used in wide-ranging areas including agriculture, from the Satish Dhawan Space Centre here onboard ISRO’s trusted workhorse Polar Satellite Launch Vehicle (PSLV).

The rocket, PSLV-C43, successfully injected state of the art HysIS and 30 other co-passenger satellites from eight countries into their designated orbits.

Shares of Indian automaker Tata Motors Ltd’s fell on Friday after its British unit Jaguar Land Rover said it is going to cut 500 jobs temporarily at its plant in central England.

Shares fell as much as 3.9 per cent to 170.35 rupees, their lowest level since Oct 29, in early trading session. More than 3.9 million shares changed hands by 0411 GMT, compared to the 30-day average of 15.8 million shares.

Mumbai: The benchmark BSE Sensex gained over 150 points and the NSE Nifty began the December derivatives series by hitting the 10,900 mark in early trade on Friday on positive cues from other Asian bourses ahead of the two-day G20 Summit.

Rupee's rally to a three-month high also supported the upmove in the domestic stock market. The domestic unit gained 21 paise to 69.64 against the US dollar.

In a major victory for Tata Consultancy Services (TCS), a California court passed a verdict in its favour on a petition which alleged the IT services giant discriminated against non-South Asian workers.

A class action suit was brought against TCS in 2015 in the US District Court, Northern District of California, Oakland division, by a US law firm on behalf of three former employees, alleging a pattern and practice of discrimination against the people of non-South Asian origin in the US.

ICICI Prudential Asset Management and its CEO Nimesh Shah have settled a probe initiated by the Securities and Exchange Board of India into the alleged violation of mutual fund norms over their investments in the initial public offering of ICICI Securities.

While the fund house has paid Rs 89.96 lakh, managing director & CEO Nimesh Shah has remitted Rs 6.8 lakh towards settlement fees, the market regulator said on Thursday.

Chak de phatte! That was Vineet Nayyar’s triumphant response to reporters’ queries after Tech Mahindra snapped up Satyam Computers. It was the summer of 2009. Nayyar may have been a bureaucrat for much of his life but in that moment he was an entrepreneur. It had taken him just 10 slides to convince the Mahindra and Mahindra (M&M) board to throw its hat in the ring; in the very last one he went for the kill. It said: “We simply cannot afford to not buy Satyam.”

Seven months after the Supreme Court (SC) ordered the maintenance of status quo on insolvency proceedings against manufacturing firm Jayaswal Neco Industries, State Bank of India (SBI) on Thursday sought bids from asset reconstruction companies (ARCs) for the company. The lender said it already has a bid in hand from an investor interested in buying the asset and the auction will be through the Swiss challenge method, based on the existing bid.

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