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20 people injured in Assam as earthquake hits Northeast, buildings develop cracks

20 people injured in Assam as earthquake hits Northeast, buildings develop cracks

At least 20 people have been injured in Assam in the massive earthquake that hit the northeastern region this morning with scores of buildings developing cracks across the state.

"We have so far received reports of minor injuries to 20 people in Guwahati and other areas due to the earthquake.

M&M, Mercedes-Benz, Toyota move SC on New Delhi's ban on diesel vehicles

M&M, Mercedes-Benz, Toyota move SC on New Delhi's ban on diesel vehicles

Aggrieved carmakers have joined hands and moved the Supreme Court against Delhi government's order the ban on diesel vehicles registration.

On Monday, Mahindra & Mahindra, Toyota and Mercedes-Benz moved the Supreme Court seeking a modification in the order calling for a ban on the registration of diesel cars/ SUVs above 2,000 cc engine in the NCR region.

Tata Motors sales drop 4% in December; stock slips 1.5%

Tata Motors sales drop 4% in December; stock slips 1.5%

Shares of India's automobile major, Tata Motors have slipped by 1.5% to quote at Rs 396 after the company posted a 4% decline in sales at 39,973 units for December as against 41,734 vehicles in December 2014.

In addition, domestic sales of Tata Motors' commercial and passenger vehicles dropped by 6% at 35,416 units during the month as compared to 37,776 units sold in the corresponding month for the year 2014.

Bajaj Auto sales marginally down in December

Bajaj Auto sales marginally down in December

Bajaj Auto today reported a marginal decline in total sales in December at 2,89,003 units as against 2,89,244 units during the same month last year.

However, motorcycle sales during the month increased by 1% to 2,47,782 units as against 2,46,233 units in the same month in 2014, the company said in a regulatory filing.

SBI to buy 4 Air India flats

SBI to buy 4 Air India flats

In an all-cash deal, State Bank of India (SBI) is all set to buy four premium flats in Mumbai's posh Peddar Road area from the loss-making Air India (AI) for Rs 90 crore.

A legal team of Air India is preparing a draft sale agreement which will then be given to the counterparts from the SBI, the country’s largest lender. The Centre recently gave go-ahead to state-owned Air India to sell the flats to SBI for about Rs 90 crore as part the airline's asset monetisation plan.

IndiGo to launch Delhi-Doha flights this year

IndiGo to launch Delhi-Doha flights this year

IndiGo plans to launch a New Delhi-Doha flight this year. The Qatari capital is expected to be IndiGo's sixth overseas destination and its third in Gulf after Dubai and Muscat.

The airline has secured slots at Doha, but a launch date has not been finalised yet.

Saudi Arabia executes 47, including Shia cleric Nimr al-Nimr, father of 21-yr-old Ali al-Nimr

Saudi Arabia executes 47, including Shia cleric Nimr al-Nimr, father of 21-yr-old Ali al-Nimr

Saudi Arabia executed 47 people on Saturday for terrorism it said, an apparent message to both Sunni Muslim jihadists and Shi'ite anti-government protesters that the conservative Islamic kingdom will brook no violent dissent.

The deaths come amid a growing war of words between Saudi Arabia and the militant group Islamic State, which called for attacks in the kingdom. But it may also raise tensions with Iran over the execution of prominent Shi'ite cleric Nimr al-Nimr.

Ashok Leyland sales up 31.4% in December

Ashok Leyland sales up 31.4% in December

Hinduja Group flagship firm Ashok Leyland today reported a 31.4% increase in total sales at 12,209 units in December 2015.

The company had sold 9,290 units in the same month last year.

TVS Motor sales edge up 4% in December

TVS Motor sales edge up 4% in December

TVS Motor Company today reported a 4% increase in total sales at 2,02,086 units in December.

The Chennai-based company had sold 1,94,481 in the same month last year.

BSE launches portal for registrars, share transfer agents to file disclosures

BSE launches portal for registrars, share transfer agents to file disclosures

Mumbai: Bombay Stock Exchange Ltd on Friday today launched a web-based portal for registrars and share transfer agents (RTAs) to enable depositories as well as file disclosures.

The move follows the Securities and Exchange Board of India’s (Sebi) decision to initiate a system involving stock exchanges, depositories and RTAs for generating system-based disclosures required under takeover regulations and insider trading norms.

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