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Coal India Q1 profit up 61 pc at Rs 3,786 cr

Coal India Q1 profit up 61 pc at Rs 3,786 cr

Coal India Ltd (CIL) today posted 61.07 per cent jump in consolidated net profit at Rs 3,786.44 crore for the June quarter of 2018-19 financial year.

It had reported a net profit of Rs 2,350.78 crore in the same quarter of 2017-18, the state-owned company said in a regulatory filing.

Air India Independence Day sale: Book flight tickets at ‘attractive’ discount; check details

Air India Independence Day sale: Book flight tickets at ‘attractive’ discount; check details

Air India Independence Day sale: On the occasion of India’s Independence Day, the national air carrier is offering an attractive discount on flight tickets across the airline’s network, Air India said on its official Twitter handle. The customers can avail full benefits of the offer by making an online booking at air carrier’s website – airindia.in. The latest discount offer is applicable till 15, 2018.

No more free insurance for train travel, opt out or pay up: Railways

No more free insurance for train travel, opt out or pay up: Railways

The Indian Railways will not provide free travel insurance to its passengers starting September 1, an official said on Saturday.

A senior Railway Ministry official said that the Indian Railways Catering and Tourism Corporation (IRCTC) has decided to stop free travel insurance starting September 1.

Tata Motors records 5% decline in global sales to 92,639 units in July

Tata Motors records 5% decline in global sales to 92,639 units in July

Tata Motors on Saturday reported 5 per cent drop in global sales, including that of Jaguar Land Rover (JLR), to 92,639 units in July.

Global wholesales of all Tata Motors' commercial vehicles and Tata Daewoo range last month were at 40,443 units, higher 29 per cent from the year-ago period, the company said in a regulatory filing.

PROFIT-BOOKING: SENSEX FALLS 155 PTS

PROFIT-BOOKING: SENSEX FALLS 155 PTS

The BSE Sensex tumbled over 155 points on Saturday to close below the 38,000-mark as investors booked profits amid lacklustre global cues.

SBI was the biggest loser in the Sensex pack, diving 3.79 per cent, after the lender reported a hefty loss of Rs 4,876 crore for the June quarter.

NO PROPOSAL TO WITHDRAW RS 2,000 NOTES: GOVT

NO PROPOSAL TO WITHDRAW RS 2,000 NOTES: GOVT

The government today said that there is no proposal to withdraw Rs 2,000 denomination note. RBI introduced Rs 2,000 notes following demonetisation of high value Rs 500 and Rs 1,000 notes in November 2016.

Replying to question whether the government is considering withdrawal of Rs 2,000 notes shortly, Minister of State for Finance Pon Radhakrishnan in the Lok Sabha said, “there is no such proposal.”

Thanks to Indian coach, words are not lost in translation anymore: Sardar Singh

Thanks to Indian coach, words are not lost in translation anymore: Sardar Singh

Senior players Sardar Singh and Manpreet Singh say having an Indian as the national team's head coach has broken all communication barriers and tactically too Harendra Singh is no less than any of his foreign counterparts.

Harendra, who was appointed in May, coached India to a second straight runners-up finish at the Champions Trophy last month.

Facebook tightens noose around fake accounts, demands authorization from users

Facebook tightens noose around fake accounts, demands authorization from users

The world’s largest social media network Facebook on Friday took measures to make it more difficult to run fake or compromised accounts on its platform as it demanded authorization from its users who have a large number of followers in the US. “Today we’re introducing Page publishing authorization starting with people that manage a Page with a large audience in the US,” Facebook said.

Microsoft CEO Satya Nadella sells $36 million in stock in biggest sale

Microsoft CEO Satya Nadella sells $36 million in stock in biggest sale

Microsoft Corp. Chief Executive Officer Satya Nadella has sold 328,000 shares valued at $35.9 million for financial planning reasons and is beginning a regularly scheduled trading plan for some of the equity awards he received.

Nadella will continue to divest shares in the next year through the structured plan in which he doesn’t control the timing or amounts sold, the company said Friday. He will sell fewer than half his Microsoft shares through the plan, according to the company.

IOC-Adani duo win bid for Burdwan piped gas

IOC-Adani duo win bid for Burdwan piped gas

New Delhi: A consortium of Indian Oil-Adani Gas on Friday won the bid to supply piped gas in Burdwan, the only city in Bengal in the latest round of bidding for this service to 78 cities.

The consortium outbid others such as GAIL Gas, Hindustan Petroleum Corporation, H-Energy East Coast and Bharat Gas Resources to win the rights to offer piped natural gas to the residents as well as CNG to autos and other vehicles in Burdwan.

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