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IRCTC not a catchy name, we're looking for a new one, says Piyush Goyal

IRCTC not a catchy name, we're looking for a new one, says Piyush Goyal

Known for coming up with easy-to-remember names for numerous schemes and applications that he unveils, Union Railway Minister Piyush Goyal on Thursday asked his department to come up with a new “catchy” name for IRCTC (Indian Railway Catering and Tourism Corporation).

The minister said that even he finds it difficult to remember it sometimes and would be better to have a name that is easy to remember while browsing the internet.

Bajaj Auto gains 3% on plans to expand 3 wheeler & quadricycle capacity

Bajaj Auto gains 3% on plans to expand 3 wheeler & quadricycle capacity

Shares of Bajaj Auto were up by 3% at Rs 2,875 per share on the BSE in an otherwise weak market after the company announced its plan to expand 3 wheelers & quadricycle capacity to 1 million per year as Government announced an end to permits.

At the Society of Indian Automobile Manufacturers (SIAM) convention on Thursday, the Minister for Transport,

Infosys to hold 60% stake in JV with Temasek, looks to expand in SE Asia

Infosys to hold 60% stake in JV with Temasek, looks to expand in SE Asia

India's second-largest software services exporter Infosys Ltd said on Friday it formed a joint venture with Singapore state investor Temasek as it expands its presence in Southeast Asia.

Temasek looks to enhance its IT services through the venture in which Infosys will hold a 60 per cent stake and Temasek 40 per cent, Infosys said in a statement.

Microsoft releases Indian language ‘Speech Corpus’ for researchers

Microsoft releases Indian language ‘Speech Corpus’ for researchers

To help researchers and academia build Indian language speech recognition for all applications where speech is used, Microsoft India on Thursday launched its Indian language “Speech Corpus”, offering speech training and test data for Telugu, Tamil and Gujarati. This is the largest publicly available Indian language speech dataset which includes audio and corresponding transcripts, Microsoft said in a statement.

Wipro gains for seventh straight trading day; stock up 16% in one month

Wipro gains for seventh straight trading day; stock up 16% in one month

Shares of Wipro were up for the seventh straight day, rising to Rs 322, up 1% on the BSE.

In past three trading days, the stock has risen 4% after the information technology (IT) services firm on Sunday announced that it has won its largest contract to date from US-based human resources (HR) and financial solutions company Alight Solutions LLC. The stock hit a high of Rs 328 during intra-day trade on Monday, September 3, 2018.

Isro wants private players to take over PSLV, satellite production by 2020

Isro wants private players to take over PSLV, satellite production by 2020

The Indian Space Research Organisation (Isro) wants private industry to take over responsibilities of developing and manufacturing small rockets, PSLV rockets and satellites from 2020. In the next three years, the industry is expected to get orders worth Rs 90 billion.

Speaking at the World Space Biz, organised by CII and Antrix Corporation, K Sivan, chairman, Isro said the space agency will now be mostly occupied with the manned space mission, which has to be launched within four years.

Telangana Assembly dissolved for early polls

Telangana Assembly dissolved for early polls

Nearly nine months before its term was to end, the Telangana Assembly was on Thursday dissolved by the Governor on a recommendation by the state cabinet.

Governor E.S.L. Narasimhan accepted a resolution of the cabinet recommending dissolution of the Assembly. He asked Chief Minister K. Chandrasekhar Rao and his Council of Ministers to continue in office as caretaker Government.

Sensex opens in green on value-buying, up over 150 points

Sensex opens in green on value-buying, up over 150 points

Mumbai: The BSE Sensex rebounded over 150 points in opening trade on Thursday on value-buying in select bluechip stocks, recovery in rupee and fall in global crude oil prices, but pared some gains on mixed Asian trend.

The 30-share BSE index recovered by 164.46 points, or 0.43 per cent, to 38,182.77 in opening trade. It, however, lost some steam and was trading 48.46 points, or 0.13 per cent, higher at 38,066.87 at 0940 hrs.

Amazon refund money of 1,500 customers siphoned off by hackers, here’s how

Amazon refund money of 1,500 customers siphoned off by hackers, here’s how

Refunds due to as many as 1,500 Amazon customers have been siphoned off by hackers, according to a legal complaint filed by the e-commerce giant. The incident came to light after the legal cell of Amazon filed a complaint in Lucknow yesterday. Based on the complaint, an FIR was lodged against unknown hackers at Vibhuti Khand police station. Notably, many customers had initially complained that refunds were not being credited to their bank accounts.

Mukesh Ambani’s RIL best performer in Sensex stocks; here is how much it has gained since Jio launch

Mukesh Ambani’s RIL best performer in Sensex stocks; here is how much it has gained since Jio launch

Reliance Industries Ltd.’s recent gains are helping one of India’s most-valuable companies catch up with the benchmark index, which it had trailed for much of the past decade. The company’s shares have surged 135 percent since it launched telecom services in 2016, nearly four times the advance in the S&P BSE Sensex, making it the best performer in the 30-stock index. It has climbed 26 percent so far this quarter.

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