Rail travellers from Mumbai will have a matchless opportunity to experience the spectacular and fun-filled 'Goa Carnival' as Indian Railway Catering and Tourism Corporation Ltd (IRCTC) launches the first of its kind rail tour package for the picturesque coastal state, scheduled for February 5.

The five nights-six days all-inclusive package, which will also include sightseeing and cruise ride in Goa capital Panaji, has been chalked out by IRCTC's West Zone in collaboration with Goa Tourism Development Corporation (GTDC).

Is scooter market leader Honda losing share to former partner Hero MotoCorp? A look at the company-wise scooter market data for the past six months points to the rising market share of Hero and a somewhat corresponding dip in Honda’s market share. From a low double-digit market share around mid-2015, Delhi-based Hero has touched 21 per cent in December. In doing so, it has also replaced Chennai-headquartered TVS Motor as the second-largest seller last month.

Reliance Industries (RIL) has dipped 4% to Rs 999 on the BSE on profit booking after the stock had gained ahead of its third quarter earnings.

The company late Tuesday announced a 39% increase in its consolidated net profit at Rs 7,290 crore for the third quarter of this financial year (Q3FY16).

The heavy civil infrastructure business of L&T Construction, along with its joint venture partner, Daewoo E&C of South Korea, has won an order worth Rs 3,115 crore from the Bihar State Road Development Corporation Limited (BSRDCL).

The engineering, procurement and construction (EPC) contract involves design and construction of greenfield six-lane extra-dosed cable bridge over Ganga river near Kachchi Dargah in Patna district on NH-30 to near Bidupur in Vaishali district on NH-103.

The highways ministry has identified 104 toll roads for monetisation. The government plans to earn Rs 80,000-1,00,000 crore over a period of 20-25 years from monetisation of these completed public funded national highway (NH) projects.

The ministry intends to give out these projects to private companies in toll-operate-transfer mode. The private companies entrusted for the purpose will collect toll as well as will be responsible for the maintenance of the stretch for which they are collecting toll.

On a technical overhaul drive, domestic coal giant CIL will spend Rs 200 crore initially on various areas including electronic fencing of mines on the lines of practices in advanced nations like US and Australia.

The technical upgradation includes fitting all trucks meant for carrying coal with GPS tracking devices within a month to check plunder of the dry-fuel.

Petrol price in Delhi was today hiked by 96 paise per litre and diesel by 53 paise after the state government raised VAT or local sales tax on the two fuels.

The Delhi government last night raised VAT on petrol to 27% from 25%, resulting in a 96 paise a litre hike in retail pump rates.

Hyderabad: Fresh protests erupted on the University of Hyderabad campus on Tuesday over the alleged suicide by a dalit scholar even as members of a social outfit tried to hold a demonstration outside the residence of Union minister Bandaru Dattatreya, who has been accused in the suicide case.

Students gathered in the administrative block of the university and shouted slogans, seeking ‘justice’ for the dalit student.

The capital market regulator may reduce the total expense ratio (TER), or the sum of all fees charged by an asset management company (AMC) for managing investor monies, in an attempt to curb any misselling in the industry, said two people familiar with the regulator’s thinking.

Three other people from the industry confirmed that the matter was under discussion.

Bengaluru: Cognizant Technology Solutions Corp. has done more business or added more incremental revenue in calendar year 2015 than India’s three largest software firms, including Tata Consultancy Services Ltd (TCS), Infosys Ltd and Wipro Ltd, put together—a fact which underlines why last year was bad for the poster boys of India’s $146 billion outsourcing sector.

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