NEW DELHI: The home ministry's new year gift to its foreign tourists from 161 countries will be a pre-loaded sim card at 12 major airports of the country after home minister Rajnath Singh formally launches the scheme this weekend.

The ready-to-call sim cards will be available to foreign tourists arriving at airports in Panjim, Ahmedabad, Amritsar, Jaipur, Bengaluru, Chennai, Mumbai, Lucknow, Delhi and Varanasi to start with.

When other Indian tycoons were greedy, the richest of all was hesitant, even fearful. But now that most of his rivals have fallen on the swords of their debt-fueled hubris, Mukesh Ambani is preparing to pounce.

Ambani, 59, has all but completed massive investments in his petrochemicals empire, whose cash flows give him the firepower to promote and expand his new fourth-generation mobile service. He hopes to turn the network into a payments gateway:

The benchmark BSE Sensex firmed up further by 117 points in late morning trade on sustained buying in consumer durables, healthcare, IT, and energy stocks.

The Sensex opened higher at 25,815.43 and hovered in a range of 25,954.81 points to 25,803.19 points in morning trade. At 1145 hrs, the 30-share barometer was higher by 117 points, or 0.46%, at 25,924.80 points with 24 of the index constituents trading in the green.

Private sector lender ICICI Bank Tuesday said it has launched mobile app 'Eazypay' that enables merchants, retailers and professionals to accept instant cashless payments on mobile phones from their customers through multiple digital modes.

A first-of-its kind application, Eazypay offers customers the improved convenience of paying by using their mobile phone through Unified Payment Interface (UPI), any credit or debit card or Internet banking, ICICI Bank said in a statement.

The $26.2 billion acquisition of LinkedIn can propel technology giant Microsoft to be the first tech company to attain a market value of $1 trillion, an analyst has said. A report in GeekWire on Monday quoted Michael Markowski, who writes for Equities, as saying that Microsoft will reach that threshold before other big companies like Amazon, Google, Facebook and Apple.

“Microsoft will do it by leveraging LinkedIn to become a leader in social media and the emerging crowdfunding industry,” the report said.

The Railways has sent a letter to the West Bengal government stating that from now on the state has to take responsibilities of all ongoing and upcoming projects of the suburban system as well as Metro Railway.

According to a highly-placed source at the state secretariat Nabanna, the letter addressed to the Chief Secretary, the Transport Secretary and the Urban Development Secretary, was sent last week from the Railways Works Planning Directorate.

We believe better deal win rates have improved the outlook for banking & financial services (excluding RBS impact), telecom and utility verticals. However, H2FY17 outlook continues to be weaker than H1FY17, both in terms of revenue and margin. Nevertheless, we expect CY17 outlook to improve on better client satisfaction, strong deal wins and reduced geopolitical uncertainty. We continue to see guidance (both cc revenue and margin outlook) as conservative. Maintain Outperformer.

It took long but automobile major M&M has brought its South Korean subsidiary, SsangYong, on the road to financial turnaround.

SsangYong, acquired by the Indian utility vehicle and tractor major for Rs 2,100 crore in 2010, has reported a net profit of 23 billion South Korean won (Rs 128 crore) during the nine months ended September — the first time since 2007. In 2015 (Jan-Dec), the loss was 61.9 billion won.

The country’s largest lender, State Bank of India (SBI), is in talks with Microsoft to utilise technology that will enable digital banking in rural areas with little access to telecom networks.

Microsoft’s India-born Chief Executive Officer Satya Nadella is looking at the country as a major market to implement its so-called “white space” and “wide area WiFi or Wide-Fi” technologies — a concept that taps unutilised spectrum of television stations and cable TV network for internet access.

NEW DELHI: Larsen & Toubro (L&T) today said its construction arm has bagged orders worth Rs 3,039 crore across various business segments, including power transmission and distribution, and heavy civil infrastructure.

In the water and effluent treatment sector, the company won orders worth Rs 1,422 crore, L&T said in a filing to BSE.

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.