Samsung Galaxy On5 and Galaxy On7 smartphones in India at a price of Rs 8,990 and Rs 10,990 respectively on Tuesday. The smartphones will be available exclusively on Flipkart from midnight.

Featuring 5 inch and 5.5 inch HD display, Samsung Galaxy On5 and Galaxy On7 are powered with 2600mAh and 3000mAh battery. Both the new Galaxy smartphones come with an Exynos 3475 quad-core processor with 1.5GB RAM and 8GB storage, expandable to 128GB via microSD and run on Android 5.1.1 Lollipop.

Benchmark indices are off day’s high and are trading in a narrow range with positive bias after investors booked profits at higher levels.

The positive trend is led by select buying among IT, Power and Metal segments. However, the upside is capped due to mild selling among banks, capital goods and consumer durables sectors.

Mumbai: Ace footballer Lionel Messi will endorse Tata cars and utility vehicles (UVs) in India and globally, Tata Motors Ltd said in a statement on Monday. The decision to appoint a brand ambassador, for the first time, comes as the maker of Nano, Indica, Safari, Zest and Bolt brands struggles to connect with the young, upwardly mobile car buyers in a competitive car market, where rivals such as Maruti Suzuki India Ltd, Hyundai Motor India Ltd and Honda Cars Ltd have had greater success.

TVS Motor Company has surged nearly 7% to Rs 292 on the NSE after the two-wheeler maker reported 14% year-on-year (y-o-y) increase in total sales at 274,622 units in October 2015, the highest sales growth in past six months. The company had sold 241,044 units in the same month last year.

Earlier, in April 2015, the company had reported 14% y-o-y jump in total sales.

Bengaluru: India’s software trade lobby group National Association of Software and Services Companies (Nasscom) has submitted a memo to a UK panel of immigration advisors flagging concerns about the government’s proposed move to curb migration of skilled foreign workers into the country.

In the memo, submitted on 25 September in response to the Migration Advisory Committee’s call for comments from all stakeholders in the visa process, Nasscom argued any curbs will significantly increase the operating cost of businesses in the UK and force companies to export job overseas to stay competitive.

Ford India today reported 75.58% increase in its total sales at 20,420 units in October.

It had sold 11,630 units last year. The company's domestic sales were at 10,008 units last month, up 49% from 6,723 units a year ago, the company said in a statement.

Bengaluru: Growth in India’s manufacturing sector cooled to its slowest in 22 months in October as domestic demand softened, a private survey showed on Monday, adding pressure on Prime Minister Narendra Modi to usher in long-promised reforms.

The Nikkei Manufacturing Purchasing Managers’ Index (PMI), compiled by Markit, fell to 50.7 in October from September’s 51.2. The 50-mark divides expansion from contraction.

It is tempting to conclude that ITC Ltd is caught in a bad situation. Its cigarettes business is barely growing, its fast-moving consumer goods (FMCG) business is no longer the growth driver it used to be, and a weak business environment has hit its paper business. Even agricultural commodity trading revenues have declined because of weak trading conditions. The hotels division has done relatively better in recent quarters, but is not a significant contributor to revenue.

Wipro Ltd is turning to a start-up for technology which the country’s third largest software exporter believes will help it automate a lot of internal processes. The move is the first such engagement where a large Indian IT company is using the technology of a start-up to become a nimble organization.

Significantly, this move by Wipro could prompt other technology firms in the country to deploy technologies to improve the way they do business, according to a few experts.

State-run NTPC is looking to source low-cost re-gasified liquid natural gas (RLNG) from spot markets overseas to improve its margins that have taken a hit in recent quarters. While the cost of coal, on which over 90% of the company’s power generation depends, has remained flat, it is circumscribed by the norm that the revenue from power produced from subsidised gas can be used only to service debt.

The subsidy policy is basically aimed at running some stranded gas-based pants and ensure a mechanism for debt servicing, so that these assets don’t become NPAs.

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