Shares of three companies – Bharat Heavy Electricals Limited (BHEL), Bharat Electronics (BEL) and Bharat Forge – will turn ex-bonus at their respective ratios on Thursday, September 28, 2017.

BEL has fixed Friday, the 29th September, 2017, while BHEL and Bharat Forge have fixed September 30, 2017 as the record date to determine the eligible shareholders to receive bonus shares.

BENGALURU: The Reserve Bank of India will hold policy steady at its October 4 meeting, and well past next year, amid weak economic growth and signs inflation may soon overshoot its target, a Reuters poll found.

Asia's third-largest economy started losing momentum after the government scrapped 86 per cent of currency in circulation late last year, hurting demand in India's cash-reliant economy, and the slowdown was compounded by the implementation of a new tax system.

Unlike Uber and China’s Didi, Lyft isn’t developing its own self-driving cars. But the U.S. company sure is signing up major names to help it bridge the gap.

This week it announced Ford as its latest autonomous car partner. Ford joins big names Jaguar, GM and Alphabet’s Waymo as well startups Nutonomy and Drive.ai as Lyft allies.

New Delhi: The National Highways Authority of India (NHAI) plans to tweak its newly introduced project for monetizing public-funded national highways, also known as Toll-operate-Transfer (ToT) roads, to give Indian bidders a level playing field.

At present in the ToT model, a raft of toll roads would be auctioned for 30 years; potential buyers would have to make an upfront payment of around $1 billion, making it a challenge for Indian firms to bid.

New Delhi: Bharti Airtel Ltd will invest up to Rs20,000 crore this year in digital infrastructure, the company’s chairman Sunil Bharti Mittal said on Wednesday.

Speaking at the India Mobile Congress, Mittal—who shared the dais with arch industry rival Mukesh Ambani (Reliance Industries chairman)—advocated a collaborative approach to overcome challenges and unleash the growth potential of the sector.

The next version of Microsoft Office — Office 2019 — will be released in the second half of 2018 and its previews will start shipping mid-year. The release will include perpetual versions of the Office apps including Word, Excel, PowerPoint and Outlook and servers including Exchange, SharePoint and Skype for Business, Microsoft said in statement late on Tuesday. Office 2019 will add new capabilities for customers, including improved inking features like pressure sensitivity, tilt effects and ink replay. “New formulas and charts will make data analysis for Excel more powerful.

The Securities and Exchange Board of India (Sebi) may allow mutual funds to trade in commodity derivatives, the capital markets regulator’s executive director SK Mohanty said on Tuesday. “The participation of mutual funds is in an advanced stage of examination,” Mohanty said, while interacting with reporters on the sidelines of a conference on commodities markets organised by Federation of Indian Chambers of Commerce and Industry (Ficci).“We have taken the feedback. On the basis of that, we will finalise the regulatory mechanism,” he said. The executive director said that a decision on allowing mutual funds could be taken in the next six months.

Even as South Korea’s second-largest automobile manufacturer, Kia Motors is looking to foray into the Indian markets by rolling out its first car by the end of 2019, global research and brokerage firm CLSA says that India’s largest car maker, Maruti Suzuki will not be affected, given its competitive advantage. The Korean car-maker is looking to make a foray into the Indian markets, and has plans to roll out its first car by the end of 2019.

MUMBAI: L&T Finance Holdings, a Larsen & Toubro subsidiary, has invested around Rs 150 crore in Pune-based Saarthi Group's two residential projects, said two persons in the know.

The capital is being infused as debt for construction finance, while some of the money will be used to repay old loans. Both the projects entail around 1 million sq ft of residential projects.

The Sensex rose 198 points and the Nifty recaptured the 9,900 mark in the opening trade today after buying in realty, oil and gas and banking stocks took a high speed up.

The BSE 30-share barometer went up 197.70 points, or 0.62 per cent, to 31,797.46. The gauge had lost 824 points in the previous six sessions, in line with a general weakness across the globe fuelled by escalating worries related to North Korea.

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