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Google launches 'Internet Saathi' for women in rural India

Google launches 'Internet Saathi' for women in rural India

In July, Google paired up with Tata Trusts to launch an initiative to provide rural women in India with internet literacy. Named “Internet Saathi,” the initiative will use “internet cycle carts” (bicycles, basically) to reach rural villages and educate women on the basic benefits of using the internet.

Flipkart blends social with shopping, launches Ping

Flipkart blends social with shopping, launches Ping

Indian e-commerce giant Flipkart today announced that it launched Ping, which is designed as a fun new way to shop with friends. With this move, the seven-year-old start-up is attempting to make online shopping a more social affair.

“Shopping is primarily a social activity and going for it with friends and family has been the norm since time immemorial. Online shopping, on the other hand, has largely remained a solo experience. Ping aims to transform online shopping by allowing users to talk to each other [in] real-time in order to make decisions and decide on what to buy,” said Flipkart’s chief product officer, Punit Soni.

DTC Bus service: NGT slams DTC, notice to Tata, Ashok Leyland

DTC Bus service: NGT slams DTC, notice to Tata, Ashok Leyland

The National Green Tribunal today flayed Delhi Transport Corporation (DTC) for running its air conditioned buses without passengers for a major part of the day.

Irked at improper maintenance of the DTC buses, the green panel also issued notice to the Tata Motors and Ashok Leyland, which supply buses, and directed their senior-most official to be present on next date of hearing.

Microsoft’s Cortana assistant launched for Android mobile devices

Microsoft’s Cortana assistant launched for Android mobile devices

Microsoft said today its Cortana virtual assistant software was available to users of Android mobile devices.

Microsoft Cortana is tech giant’s answer to Apple’s Siri and Google Now, which respond to voice commands on mobile devices.

Power shares at multi-year lows; NTPC hits nine-year low

Power shares at multi-year lows; NTPC hits nine-year low

Shares of power generation companies are trading at multi-year lows on the bourses.

Reliance Power (Rs 33) and Adani Power (Rs 20) are trading at lifetime lows, while state-owned power major NTPC is quoting at Rs 107, its lowest level since July 2006.

BSE Smallcap index hits 52-week low

BSE Smallcap index hits 52-week low

Shares of small-sized companies continue to reel under pressure, with the Bombay Stock Exchange (BSE) S&P BSE Smallcap index hitting 52-week lows today.

S&P BSE Smallcap index was down 2.19% or 232 points at 10,355, also its 52-week lows, compared to a 0.64% decline in the S&P BSE Sensex at 25,577 points.

DLF gains on rasing Rs 375 crore via NCDs

DLF gains on rasing Rs 375 crore via NCDs

Shares of DLF were up over 3% at Rs 100, in an otherwise weak market, after the realty major said it has raised Rs 375 crore through issue of non-convertible debentures.

DLF has allotted 12.25% privately placed fully-paid non-convertible debentures of a principal amount of Rs 375 crore (comprising the second tranche out of an overall shelf limit of up to Rs 1,375 crore), redeemable for cash at par in separate series within a period of 4 years 11 months adn 18 days from the date of allotment, the company said in a release.

L&T wins orders worth Rs 1,563 cr in July & August

L&T wins orders worth Rs 1,563 cr in July & August

The Power Transmission & Distribution Business of L&T Construction has won orders worth Rs 1,563 crore in both the international and domestic markets in July and August.

As a strategic breakthrough in the ASEAN market, the company has received order from Tenaga Nasional Berhad (TNB) for the design, manufacture, supply, installation, testing and commissioning of a 500 kV double circuit transmission line in Malaysia. This is one of the three packages of the 500 kV overhead double circuit transmission line for TNB from Yong-Peng to Lenggeng in Peninsular Malaysia which will be critical for evacuating power from the power plants in the Johor state.

Have not received notice on excess lead in Yippee noodles: ITC

Have not received notice on excess lead in Yippee noodles: ITC

Domestic giant ITC Ltd today said it has not received any communication from the UP government regarding presence of excess lead in its instant noodle brand Sunfeast Yippee.

It said the company manufactures Yippee noodles to the highest standards of safety, hygiene and quality.

Sebi paves way for FMC merger

Sebi paves way for FMC merger

The Securities and Exchange Board of India (Sebi) on Monday paved the way for the merger of the markets regulator with the Forward Markets Commission (FMC). According to a press release issued by Sebi, its board has cleared the norms for commodity exchanges and brokers.

“Major compliances include norms related to net worth, shareholding, composition of the board, corporatisation and demutualisation and setting up various committees, turnover and infrastructure,” Sebi said.

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