State-owned Coal India is considering hiking salary of its executives, which may cost the company about Rs 800 crore.

“The salary revision of CIL employees is under consideration and it will be done after observing due formalities,” a company official privy to the development said.

After repeated successful satellite launches over the past five decades, the Indian Space Research Organisation has now set its sights on the next mission: to tap the growing international demand for products and services for outer space.

The Indian space agency wants to build on its growing reputation for low-cost yet effective satellite launching capabilities to become a key player in the global space arena. “Globally, the demand for small rockets is growing and we want to capture this market by offering cost effective solutions,” says K Sivan, director, Vikram Sarabhai Space Centre, Isro.

India might soon be involved in shaping global shipping and trade movement rules as it hopes its membership in the International Maritime Organization (IMO) would be upgraded to Category-A.

Government officials said India, a Category-B member, was hopeful of breaking into the top category due to the numerous initiatives taken by the Ministry of Shipping for the promotion of maritime industry, such as the Sagarmala programme and plans for coastal economic zones.

All have welcomed the Telecom Regulatory Authority of India’s (Trai’s) recommendations on net neutrality but internet activists are not over the moon with this development. They claim it’s not hard to see this as a lost opportunity for the regulator to bring down transit costs for operators that would have translated into lower data costs for consumers.

Pranesh Prakash, policy director, Centre of Internet and Society, said when dealing with other forms of equality, there is a clear distinction between affirmative action and discrimination.

Reliance Communications has got into a "binding share purchase agreement" with Pantel Technologies and Veecon Media & Television for sale of its DTH arm Reliance BIG TV for an undisclosed amount.

The move is aimed at reducing debt and benefiting all stakeholders, including lenders and shareholders, of RCom, the company said in a statement.

Hyundai Motor India Ltd (HMIL) today said it crossed the 5 million production milestone for the domestic market.

The company, which is a wholly-owned subsidiary of South Korea's Hyundai Motor Company (HMC), today rolled out its 5 millionth car for domestic market — a next-gen Verna, from its Chennai facility.

Prime Minister Narendra Modi on Tuesday inaugurated first phase of 30-km stretch Hyderabad Metro Rail project, touted as the world's largest public-private partnership (PPP) in the sector. Commercial operations of the Metro project will begin November 29, Hyderabad Metro Rail officials said.

After inaugurating the first leg of Hyderabad Metro project from the Miyapur metro rail station on Tuesday, PM Modi took a ride in the metro.

Infosys share buyback is all set to open on Thursday, 30 November 2017, after India’s second largest IT company Infosys announced 1 November as the record date for the repurchase of shares. In the Infosys buyback offer, all the investors who held Infosys shares as on 1 November 2017 are eligible to participate in Infosys buyback process. The record date for Infosys buyback was announced on 10 October 2017. The second largest IT company — Infosys — is coming up with the second largest share buyback in the history of Indian stock markets. Earlier in May 2017, India’s largest share buyback to date was offered by the country’s largest IT company — Tata Consultancy Services.

State-run engineering firm BHEL has bagged an order worth over Rs 64 crore for setting up six sewage treatment plants in Raipur, Chhattisgarh.

As part of its strategy to diversify into new areas, Bharat Heavy Electricals Ltd (BHEL) has won an order for setting up six decentralised sewage treatment plants (STPs) in Raipur, Chhattisgarh, a BHEL statement said.

A Supreme Court Bench, headed by Chief Justice Dipak Misra, dismissed a fresh petition seeking an order to restrain the producers of movie Padmavati from releasing it abroad.

Lawyer M L Sharma also sought a direction to the CBI to register a case against film director Sanjay Leela Bhansali and others for various 'offences', including defamation and violation of the Cinematography Act.

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