State-run telecom service provider Bharat Sanchar Nigam Ltd (BSNL) will invest Rs.6,000 crore over the next three years to set up some 40,000 Wi-Fi hotspots across the country, its chairman-cum-managing director Anupam Shrivastava has said.

"We are now thinking of rolling out wi-fi hotspot through capital expenditure model also. We are in the process of having our tender ready. We will be floating our tender and put our own equipment. We will be doing everything," Shrivastava told IANS in an interview.

German carmaker Mercedes-Benz today launched three ultra luxury vehicles -- S500 Coupe, S63 AMG Coupe and SUV G63 AMG 'Crazy Colour' edition -- priced between Rs 2 crore and Rs 2.60 crore (ex-showroom Delhi).

The company also introduced its exclusive 'designo' platform that allows customers to choose exclusive paints, high quality interiors, trims and features.

NTPC Ltd, the country's largest power generator, today reported a 3% decline in net profit for the first quarter ended June on the back of lower generation and Plant Load Factor (PLF), a measure of power plant efficiency and output.

The company reported a net profit of Rs 2,135 crore for the quarter as compared to Rs 2,201 crore for the same quarter last financial year (2014-15). Gross generation for the June quarter stood at 58.69 billion units (BUs), a 7% decline from 63.15 BUs in the year ago period, the company said in a statement.

Private sector lender Kotak Mahindra Bank posted a 26% drop in its consolidated net profit for the first quarter ended June 30, 2015. The bank posted net profit of Rs 516.57 crore compared to Rs 698.31 crore in same quarter previous fiscal.

The bank witnessed higher provisioning towards non-performing assets, which came mainly from the portfolio of ING Vysya Bank which was merged with Kotak Mahindra on April 1, 2015.

Shares of Yes Bank Ltd rallied 3% on Wednesday following the June quarter earnings announcement, which was more or less in line with the estimates. Net profit grew over 27.7% to Rs.551 crore compared with the year ago period.

The positive stock reaction could be attributed to buying at lower levels after the recent sell-off.

Nagpur: Yakub Memon, the lone 1993 Mumbai serial blasts convict facing gallows, was hanged to death on Thursday after his last ditch attempts to get a reprieve failed early this morning in the Supreme Court. Memon was hanged shortly before 7am at the Central Jail in Nagpur, top official sources said.

Earlier during the night, Supreme Court dismissed his last-minute attempt to escape the gallows by rejecting his plea for a stay on the death warrant. “Stay of death warrant would be a travesty of justice.

Expanding its footprints across avenues, Uber Technologies has introduced its own auto leasing subsidiary to sign up more drivers. The step has led the company directly into financial services sector for the first time.

The launch of this pilot project follows the end of its partnership with Banco Santander’s U.S. lending unit earlier this year. The latter, declined to comment on why Uber broke the deal.

Country’s largest carmaker Maruti Suzuki India (MSI) today said sales of its compact sedan DZire have hit the 10 lakh mark in the domestic market.

Launched in 2008, Maruti Suzuki DZire has been a category leader and has helped MSI strengthen its presence in the entry sedan segment.

ITC Ltd on Thursday posted a subdued 3.61 per cent rise in net profit at Rs 2,265.44 crore for the first quarter ended June 30, due to pressure on cigarette sales and sluggish demand for other FMCG products.

The Kolkata-based company had posted a net profit of Rs 2,186.39 crore during the same period of 2014-15 fiscal.

Homegrown auto major Mahindra & Mahindra will launch its new compact SUV named TUV300 in mid September as it looks to enhance its position as a leading manufacturer of utility vehicles in India.

“The TUV300 is a compact sub-four metre SUV. This will be a true blue SUV and not a crossover that is mainly the case in the market now,” M&M Executive Director Pawan Goenka told PTI.

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.