As it completes one month in office, the CM Arvind Kejriwal-led Aam Aadmi Party (AAP) Delhi government today came out with a list of its “achievements” which included slashing power tariff by 50 per cent, free water up to 20 litres per month and simplification of VAT payment among others.

On the eve of completing one month of AAP government, Deputy Chief Minister Manish Sisodia said that they had a good experience and government is working with full confidence.

The government is unlikely to go for any dilution of its stake in national carrier Air India in the near future and divestment may be “looked at” once the airline improves its balance sheet.

Noting that Air India has seen a marked improvement in its on-time performance, which is being monitored by the Civil Aviation Ministry on a day-to-day basis in the last few weeks, highly-placed sources said that the reason for flight delays like shortage of flight and cabin crew is being addressed by the management.

BSE Sensex and NSE Nifty closed more than 1% lower on Friday as the retail inflation data dampened hopes of a rate-cut by the Reserve Bank of India (RBI) in April and fear of a US Fed rate-hike in June put emerging market currencies under pressure.

“There are no key triggers for the markets, currently. While markets opened higher amid optimism from the passage of the insurance bill in the Rajya Sabha, it doesn’t come across as a great surprise as it was a long-pending issue.

Microsoft is working on an advanced version of its competitor to Apple’s Siri, using research from an artificial intelligence project called “Einstein.”

Microsoft has been running its “personal assistant” Cortana on its Windows phones for a year, and will put the new version on the desktop with the arrival of Windows 10 this autumn. Later, Cortana will be available as a standalone app, usable on phones and tablets powered by Apple Inc’s iOS and Google Inc’s Android, people familiar with the project said.

The State Bank of India (SBI) is preparing to turn down a $1-billion loan request from Adani Enterprises intended for a coal project in Australia, scrapping an agreement signed last year, sources said.

The sources said the SBI had not yet given Adani official notice of the internal ruling but the decision was now due to be communicated to the group.

Mumbai, March 13 (PTI): After mentoring 11 start-ups, the venture investment arm of Reliance Industries is now looking forward to investing in new companies which will be crucial to its growth, a top official said today.

Eleven start-ups completed a mentoring programme, launched by RIL's arm Gennext Ventures and Microsoft Ventures recently. Both the partners today announced that they had started inviting applications for the second batch, where around a dozen start-ups will be mentored.

MUMBAI: In a major relief for DLF, the Securities Appellate Tribunal on Friday quashed a Sebi order against the realty giant that had barred the company and its six top executives from capital markets for three years.

Soon after the tribunal pronounced its order, the shares of DLF soared higher by about 8 per cent. The stock was trading 7.75 per cent up at Rs 160.5 at the BSE in early afternoon trade.

The CBI on Thursday night arrested a Mumbai-based chartered accountant and two government officials for allegedly selling confidential documents related to foreign investment policy to corporate groups after it carried out searches in offices of Finance and Commerce Ministries here and in Mumbai.

CBI’s action came after registering a case of criminal conspiracy, theft under IPC and misuse of official position under the provisions of the Prevention of Corruption Act against Chartered Accountant Khemchand Gandhi, Under Secretary in Department of Disinvestment and Grievances Ashok Kumar Singh and Section Officer in the Department of Economic Affairs Lala Ram Sharma.

India and Sri Lanka on Friday signed four agreements during Narendra Modi's maiden visit to the country, the first bilateral tour by an Indian premier in 28 years, with the Prime Minister announcing a slew of measures aimed at resetting ties with the strategic neighbour.

Reliance Industries Ltd , which operates the world's biggest refining complex, will shut half of its 660,000 barrels per day (bpd) refinery in India for a four-week planned maintenance from Sunday, a source familiar with the matter said.

Reliance, controlled by billionaire Mukesh Ambani, has two advanced refineries at Jamanagar in western Gujarat state which can jointly process 1.2 million bpd of oil, or about 28 percent of India's overall capacity.

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.