Barcelona calls itself the mobile capital of the world. That is not because this Catalan city has more mobiles than the rest of the world, but because every year it is here that the biggest mobile brands converge to showcase their roadmap for the rest of the year. The sprawling venue at the new Fira on the outskirts of the city also sees a lot of closed door meetings where the big partnerships of the business are forged and new technologies seen and acquired.

As always, the big brands all lined up to launch their new flagships at dazzling events at the stunning venues this beautiful city has to offer.

Indian markets today logged their biggest drop in 2 months with BSE benchmark Sensex tanking 604 points to close below 29,000 mark and the Nifty index slipped 181 points to fall below 8,800 level on fears that an earlier-than-expected rate hike by US will hit fund inflows.

It was a sea of red in domestic markets today. Nearly 1900 shares on the BSE fell while less than 1,000 managed to rise.

Anti-corruption crusader Anna Hazare will set off on a month-long 'padyatra' (foot-march) to Delhi to mobilise public opinion against the land bill on March 25 from Sevagram, which houses an ashram of Mahatma Gandhi, here.

The 77-year-old activist, who reached here last night, held discussions with his close associates over the details of the yatra and announced later that the campaign would start on March 25 and conclude on April 27 at the Ramlila Maidan in Delhi.

Tata Consultancy Services has been named as the top employer in Europe for the third consecutive year by a top employers certification agency, citing the Indian IT major as an "exceptional performer" in nine core human resources areas.

TCS, the leading IT services, consulting and business solutions organisation, has been certified as top employer in eight European countries - the UK, Belgium, the Netherlands, Germany, Switzerland, Sweden, Denmark and Norway by Top Employers Institute.

State-run BHEL has commissioned another 660 MW super-critical or energy efficient unit of NTPC's Barh thermal power project in Bihar.

Meanwhile, the company said it is currently executing orders for 36 sets of super-critical boilers and 31 sets of super-critical turbine generators, which are in various stages of execution.

The second phase of the e-auction of 11 coal mines proved to be a bonanza for mineral-rich states, whose revenues increased to Rs 2.05 lakh crore from Rs 1.35 lakh crore in the first phase. Out of the received bids worth Rs 71,027 crore for 30 years (mines' life), Rs 59,736 crore is towards royalty and the rest is the auction amount.

The second phase was almost similar to the first with sector majors grabbing richer coal blocks at high price. The only exception was Jindal with the lowest bid to get a rich coal block with power generation as end-use. While operational coal blocks were auctioned in the first phase, the second phase auctioned off about-to-produce mines.

Enthused over the allocation of Rs 1,300 crore in the Union Budget, Export-Import Bank of India is now planning to raise an additional Rs 13,000 crore in the next fiscal, a top official said on Thursday. Export-Import Bank of India Deputy Managing Director David Rasquinha said the bank was "soundly capitalised" and the capital adequacy ratio was around 15%.

During the Budget presentation made by Union Finance Minister Arun Jaitley last week, a sum of Rs 1,300 crore of capital has been earmarked for the EXIM Bank.

The government has proposed to amend the Reserve Bank of India (RBI) Act to take away money market regulatory powers from the central bank and bring it under the purview of the Securities and Exchange Board of India (Sebi).

Though the proposal wasn’t mentioned in Finance Minister Arun Jaitley’s Budget speech, the Finance Bill proposes to amend sections 45U and 45W of the RBI Act, which effectively takes away the central bank’s powers to regulate government securities and other money market instruments.

Hundreds of millions of Windows PC users are vulnerable to attacks exploiting the recently uncovered “Freak” security vulnerability, which was initially believed to only threaten mobile devices and Mac computers, Microsoft Corp warned.

News of the vulnerability surfaced on Tuesday when a group of nine security experts disclosed that ubiquitous Internet encryption technology could make devices running Apple Inc’s iOS and Mac operating systems, along with Google Inc’s Android browser vulnerable to cyberattacks.

Even as it closed February with a 12 per cent rate of growth, surpassing its monthly target, achieving the annual production target of 507 million tonne may remain elusive for Coal India Ltd (CIL), available indications show.

Enquiries revealed that CIL may just be able to scrape past the 490-million tonne mark by around a couple of million tonne. It closed 2013-14 with 462 million tonne and indications are that this year the figure may touch just 492 million tonne against the targeted 507 million tonne. The company, which has been tasked to raise 1,000 million tonne coal by 2020, has produced 436.9 million tonne between April and February 2014-15, against the targeted 450.1 million tonne.

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