India's largest private sector lender ICICI Bank is set to expand its Chinese presence with the opening of a branch this weekend in Shanghai, China's biggest city and a major global financial hub.

The branch is likely to be inaugurated on Saturday by Prime Minister Narendra Modi, who is on a three-day visit to China. ICICI Bank's Managing Director and CEO Chanda Kochhar will also be present.

The Supreme Court on Thursday dismissed a batch of petitions filed by various telecom companies, including Vodafone and Bharti Airtel, seeking extension of their spectrum licences.

"We see no merit. The petitions are dismissed," a bench headed by J Chelameswar said.

The rupee ticked up 9 paise to 63.91 against the dollar in early trade today at the Interbank Foreign Exchange after the American currency weakened overseas on disappointing retail sales report.

Besides, increased selling of the US dollar by exporters supported the rupee, but a lower opening in the domestic equity market capped the gains, forex dealers said.

Google has updated its News and Weather app for the Apple Watch.

According to the Verge, Google News & Weather offers news on the Apple Watch, but only you to read the headlines. The screen is far too small to read the entire article on the watch.

At least one gunman attacked a guest house popular with foreigners in Kabul on Wednesday killing at least five people, including an American and two Indians, in a bold assault that showed Afghanistan still faces security challenges. Authorities cordoned off the area around the Park Palace guest house in Kabul's Kolola Pushta, a diplomatic enclave in the Afghan capital that includes a number of guest houses used by foreigners, immediately after the attack began at about 8:30 p.m. local time (1600 GMT). A standoff with police ended about five hours later as ambulances raced out of the area.

No one immediately claimed responsibility for the attack, although similar brazen assaults in the past have been carried out by the Taliban and the al Qaeda-linked Haqqani network. The brutal assault was reminiscent of two attacks by Taliban fighters in Kabul last year, one on a restaurant and another on a hotel. Kabul Police Chief Abdul Rahman Rahimi told reporters early on Thursday morning that at least five people had been killed and five wounded in the attack. A spokeswoman for the U.S. Embassy confirmed that one American was killed in the attack.

A year after Reliance Industries Limited (RIL) moved Delhi High Court seeking to quash an FIR registered against them by Anti-Corruption Bureau, the CEO of the same firm on Wednesday was finally questioned by the probe agency.

According to senior officials of the ACB, PMS Prasad, CEO of RIL and two senior officials of the firm were questioned at their Civil Lines office in the Krishna-Godavari Basin case, which was rechristened as the "gas pricing scam" by the current chief minister of New Delhi, Arvind Kejriwal.

The Cabinet Committee on Economic Affairs (CCEA), led by Prime Minister Narendra Modi, on Wednesday approved the disinvestment department’s plan to sell stakes in Indian Oil and NTPC as part of the Centre’s Rs 41,000-crore divestment target for public sector undertakings. At current share prices, a planned 10 per cent stake sale in oil marketing company Indian Oil could fetch Rs 8,120 crore, while a five per cent stake sale in power producer NTPC could get the exchequer Rs 5,689 crore.

The Centre had last divested part of its stake in Indian Oil in March last year and in NTPC in February 2013.

Tata Consultancy Services, the IT arm of the Tata Group, has been ranked fifty-seventh in valuation firm Brand Finance's latest list of the top 500 brands in the US. TCS's brand value has jumped nearly four times in the last five years to touch $8.7 billion now, Brand Finance said. In 2010, TCS's brand value was $2.3 billion, it said.

Interestingly tech companies have made it to the top three spots in the list. Apple is number one, followed by Google and Microsoft.

Aditya Birla group telecom major Idea Cellular was planning a capex of around Rs 5,500 crore in the current fiscal to strengthen its infrastructure.

State-owned Indian Oil and GAIL (India) Ltd have inked a pact with Adani Enterprises firm Dhamra LNG Terminal to reserve regasification capacity at Dharma Terminal for supplying gas in the east.

As per the agreement, Indian Oil and GAIL would also have the option to hold equity in DLTPL at a later date.

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