New Delhi, Jun 26 () Tech giant Microsoft and Indian mobile ad tech firm InMobi have joined hands to offer artificial intelligence-powered marketing solutions to enterprises.

Under the partnership, InMobi is combining its advertising and marketing cloud capabilities with Microsoft Dynamics 365 on the back of the global Azure (Microsoft's cloud) infrastructure, including artificial intelligence (AI), machine learning and analytics, InMobi founder and CEO Naveen Tewari told .

Ashok Leyland's LCV business, originally floated as a joint venture with Japanese automajor Nissan and later bought over by the Indian partner, has turned around during the financial year ended March 2018.

Ashok Leyland Vehicles Limited, formerly known as Ashok Leyland Nissan Vehicles Ltd, has reported a profit of Rs 1.34 billion in FY18 as against a loss of Rs 24.9 million the previous financial year.

NEW DELHI: India’s largest private oil company, Reliance Industries Ltd, and state-run oil refiner-retailers are locked in a dogfight over selling jet fuel to carriers as India is poised to become the world’s third-largest aviation market by 2020.

Mumbai airport has become their latest battleground, with Reliance complaining to authorities and regulators that Bharat Petroleum and Hindustan Petroleum were creating entry barriers by not allowing other jet fuel sellers access to their pipelines feeding the airport.

NEW DELHI: Skills development firm NIIT on Tuesday announced its Talent Pipeline as a Service (TPaaS) offering, under which it will train one lakh people over the next three years in IT and banking and financial services sectors.

TPaaS is being launched to ensure reliable availability of specifically skilled talent to global organisations to match the pace of expansion in today's fast changing, uncertain business environment, NIIT Ltd CEO Sapnesh Lalla told PTI.

Kaliningrad, Russia: Spain snatched a 2-2 draw against Morocco on Monday to qualify for the World Cup last 16 and take the top spot in Group B ahead of Portugal.

Spain will play Russia in the last 16. Portugal finished second in the group with five points behind Spain on goals scored, and will meet Uruguay in the last 16.

The BSE Sensex fell over 132 points in opening trade as investors pared their bets, tracking sharp losses in global markets on worries about an intensifying trade conflict between the US and its trade partners.

Cutting down of positions by participants in view of approaching June derivatives contract expiry on Thursday added to the downward pressure, brokers said.

An anonymous whistleblower has raised concerns against Infosys for the delay in filing of Form 20F with the US Securities and Exchanges Commission. Form 20F contains the detailed financials statements and other key risks to the company.

The whistleblower has addressed his concerns to both Indian and US regulators. His letter, reviewed by FE, said, “Infosys has not yet filed its Form 20F, which is the annual filing as required under the SEC rules.

The government is nowhere close to coming up with a solution for distressed state-owned banks. It could consider merging some of them to cut costs, but, a year ahead of the elections, it would be hard to convince the trade unions as this would need to be accompanied by big layoffs. Moreover, without a big dose of capital, a merger would not really serve the purpose, and the government is very short on resources.

Punjab National Bank (PNB) has put up for sale its 3.33% stake in ratings agency Icra, according to a sale document. The bank has appointed PNB Investment Services the merchant banker for the sale. The last date for submission of bids is June 27.

Shares of Tata Motors closed in the red on Monday wiping out more than Rs 5,000 crore from its market valuation, partly because brokerages raised concerns over the firm’s free cash flows due to the higher-than-expected capex and lower volumes. Moreover, US President Donald Trump’s tweet on June 22 escalated the worries of investors. Trump threatened to impose a 20% tariff on all US imports of cars assembled in Europe unless it removed import duties and other barriers to US goods.

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