Markets regulator Sebi has ordered the attachment of bank and demat accounts as well as mutual fund holdings of Exelon Infrastructure and its three directors to recover dues of over Rs 46 lakh. In four separate but similarly worded orders dated July 12, the regulator said the four entities have not made payment of the dues within the stipulated time and there is sufficient reason to believe that they may dispose of the proceeds and securities in the respective bank and demat accounts.

Planning for its next three Olympic Games, the International Olympic Committee (IOC) has added seven medal events to the 2022 Beijing Winter Games, published a 2020 Tokyo Olympics schedule with no agreement on when to race swimming finals, and set a timetable to add new sports to the 2024 Paris Olympics.

Google received a record €4.3-billion ($5 billion) antitrust fine from the European Union and was ordered to change the way it puts search and web browser apps on Android mobile devices, reports Bloomberg. More significantly, Google was given 90 days to stop what the EU said were “illegal practices” on contracts with handset manufacturers that push Google services in front of users.

Shares of Ashok Leyland on Wednesday slumped nearly 14% as analysts expressed concerns over demand uncertainty and high competition after the government brought in new axle norms for load carrying capacity.

The stock plunged 13.93% to settle at Rs 110.60 on BSE. During the day, it tanked 14.90% to Rs 109.35.

The Nifty Smallcap Index has lost nearly a quarter of its value in 2018 so far, leaving investors with fairly large losses. While the index has yielded a negative return only once in the last six years through 2017, its 22.8% plunge this year is the biggest since 2011.

As the debt resolution of Essar Steel drags, Bank of Baroda (BoB), Federal Bank, IDBI Bank and Jammu & Kashmir Bank have sold part or all their loans to the Ruias-promoted steel company, totaling over Rs 2,000 crore, to overseas investors or asset reconstruction companies. SC Lowly bought the loans from Federal Bank, Bank of Baroda and Jammu and Kashmir Bank.

With the cost of imported coal touching a six-year high and rupee weakening against the US dollar, power generation companies are witnessing a crisis of sorts, with Essar group shutting down its 1,200-megawatt (MW) power project and the Adani group utilising only part of its installed capacity in Mundra, Gujarat.

Terming Trai's recent recommendations on data privacy and ownership as "timely and valuable", a top official on Wednesday said the Telecom Department will consider all suggestions related to the telecom sector while others will be looked into by Justice Srikrishna panel that is crafting the overarching data protection law.

The Supreme Court on Wednesday observed that banning the entry of women in Sabarimala by the temple authorities is unconstitutional and questioned the temple authorities regarding the same.

"On what basis you (temple authorities) deny the entry. It is against the Constitutional mandate. Once you open it for the public, anybody can go," observed the Chief Justice of India, Dipak Mishra.

Amazon.com's stock market value reached $900 billion on Wednesday for the first time, marking a major milestone in its 21-year trajectory as a publicly listed company and threatening to dislodge Apple as Wall Street's most valuable jewel.

After Jeff Bezos founded the online book-selling company in his garage in 1994, Amazon survived the dot-com crisis and then expanded across the retail industry, altering how consumers buy products and setting off a Darwinian struggle among brick-and-mortar stores.

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