Shares of YES Bank have rallied 6% to Rs 255 on the BSE in early morning trade after the private sector lender appointed US-based headhunter Korn Ferry to assist the bank’s committee in its selection of the new managing director & chief executive officer (MD & CEO).

The bank had announced that it would find a successor to MD & CEO Rana Kapoor whose term was cut short by the Reserve Bank of India (RBI).

A Dubai-bound Air India Express flight with 133 people on-board brushed against a wall at the airport Friday, officials said.

All passengers are safe.

The plane lost contact with air traffic control officials and landed in Mumbai after around four hours, they said.

Facebook has removed 559 Pages and 251 accounts that consistently broke its rules against spam and coordinated inauthentic behaviour related to upcoming US mid-term elections.

Many were using fake accounts or multiple accounts with the same names and posted massive amounts of content across a network of Groups and Pages to drive traffic to their websites, the social networking platform said late on Thursday.

The government has told coal companies to immediately ramp up production even as it slammed their executives for not reviewing production regularly, as coal availability remains a worry.

The normative coal stock at power units — which used to be for 20-25 days — is down by half to 10-12 days. There are currently 10 units which have zero coal stock, 46 with just one-day stock and 31 with coal stock ranging from seven to 15 days.

The domestic cyber insurance market is slowly gaining traction, with India bracketed alongside the US and China as among the world’s most cyber attack-prone countries.

“Although the cyber insurance market is still miniscule, Indian corporates have started to show interest in such products and have realised the prospective threats emanating from cyber hacking,” SBI General Insurance managing director and CEO, Pushan Mahapatra, told Business Standard in Lucknow.

Microsoft investigated isolated reports of users missing files after updating. (Reuters)[/caption]Microsoft is pulling back support for its popular game “Minecraft” from Apple TV given the small number of people who accessed the game via Apple TV.

The decision went into effect on September 24, but no one really seemed to notice until this week, The Verge reported on Wednesday.

The Centre is likely to finalise a revival package for the ailing Air India in a month, a top official of the Civil Aviation Ministry said on Tuesday assuring “need-based” support to the debt-laden carrier.

Civil Aviation Secretary, RN Choubey also said the safety audit that the Director General of Civil Aviation ordered on domestic airlines “did not find any backlog of any safety steps that they should have taken.”

New Delhi: As the nine-day long festival to honour Goddess Durga is here, the Indian Railway Catering and Tourism Corporation (IRCTC) is offering special 'vrat ka kahan' as a part of its e-catering menu, to make the journey of the people comfortable.

These special meals offered by the IRCTC will be available through selected restaurants and at hand-picked stations on the Indian Railways network.

Lucknow: Seven passengers were killed and 60 others injured as six coaches, including the engine, of the New Farakka Express derailed in Rae Bareli district on Wednesday morning.

The condition of nine injured persons is stated to be critical.

After acquiring Wipro’s Hosted Data Centre Services business in US, Europe and Singapore, US-based Ensono has now completed its acquisition of the company’s Indian assets. It has also moved into its own facility with its headquarters in Pune.

“Enson acquired Wipro’s business from for $405 million. Post this acquisition, the company has invested millions of dollars more on the new facility and will continue to invest on resources over the next two to three yeas,” Jeff VonDeylen, CEO of Ensono said.

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