Air India has taken delivery of its 20th Dreamliner from US manufacturer Boeing, a milestone which it said highlights their "successful partnership".

Boeing's delivery of the 20th 787 Dreamliner was made from its final assembly facility in North Charleston in the state of South Carolina.

Hinduja Group flagship company Ashok Leyland today reported a 24% increase in total sales at 12,754 units for March 2015, as against 10,281 units in the same month last year.

Sales for its heavy and medium commercial vehicles increased by 29.91% at 10,027 units in March as against 7,718 units in the year-ago period, the company said in a filing to the BSE.

Automaker Mahindra & Mahindra today reported a 12.44% decline in total sales at 45,212 units in March.

It had sold 51,636 units in the same month last year, the company said in a statement today.

State Bank of India (SBI) on Tuesday said it received board approval to divest up to 10 per cent of its stake in SBI Life Insurance.

SBI Life is a 74-26 joint venture between SBI and BNP Cardif, with the former holding 74 per cent and 26 per cent by the foreign partner.

Infosys, India’s second-largest information technology services company, was expected to see stronger revenue growth in 2015-16 and 2016-17, because of its offerings, as well as improved client mining, brokerage firm CLSA said in a report on Tuesday.

It predicted Infosys would more than double its dollar revenue growth in 2016-17 to 15 per cent from seven per cent in 2014-15. Infosys is yet to announce its 2014-15 results, but it had provided a revenue growth forecast of seven-nine per cent for the year.

Shares of public sector oil marketing companies (OMCs) such as Indian Oil Corporation (IOC), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) have rallied by up to 6% on the Bombay Stock Exchange (BSE).

BPCL surged 4% at Rs 801, also its record high on the BSE, during intra-day trade. IOC rallied 6% to Rs 375, while HPCL gained 4% to Rs 655.

Morgan Stanley has upgraded Reliance Industries to "overweight" from "underweight", citing confidence about the conglomerate's downstream projects and improving outlook for telecoms business.

Morgan Stanley said it expected earnings to grow 50% over the fiscal years 2015 to 2018.

Larsen & Toubro (L&T) today said it has bagged orders worth Rs 2,101 crore across various segments in March.

"The construction arm of L&T has won orders worth Rs 2,101 crore," the company said in a filing to the BSE.

ICICI Bank, the largest private sector lender in the country, on Monday said it had received capital repatriation from its subsidiaries in Canada and the United Kingdom this month.

“The bank has, in March, received further equity capital repatriation of Canadian $80 million from ICICI Bank Canada and $75 million from ICICI Bank UK,” the private lender stated.

Air India conducted a survey among employees earlier this month seeking feedback on their salary packages, the company’s promotion polices and the effectiveness of senior management, among others.

This was first such human resource (HR) exercise to gauge employee satisfaction after the merger between Air India and Indian Airlines in 2007. Integration of workforce has been a thorny issue and a cause of litigation and strikes. The survey also sought know what employees think about the merger.

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