A US court has denied Computer Sciences Corp (CSC)’s application for temporary restraining order against Tata Consultancy Services (TCS) after CSC failed to prove its claims.

CSC, a US-based insurance platform provider to a TCS client, had last month filed for temporary restraining order in US against TCS after accusing them of misappropriating its trade secrets, of the Cyberlife and Vantage software platforms.

Amazon.com Inc is rolling out machines to automate a job held by thousands of its workers: boxing up customer orders.

The company started adding technology to a handful of warehouses in recent years, which scans goods coming down a conveyor belt and envelopes them seconds later in boxes custom-built for each item, two people who worked on the project told Reuters.

Mumbai: Domestic equity benchmarks BSE Sensex and NSE Nifty started on a choppy note Monday tracking weak cues from global markets as rising rift between the US and China kept investors on edge.

The 30-share index was trading 23.96 points, or 0.06 per cent, lower at 37,439.03. The broader NSE Nifty was also trading 7.85 points, or 0.07 per cent, down at 11,271.05.

One of the most famous advertising campaigns in the Indian commercial vehicle (CV) industry is ‘Tata Ka Chota Hathi’, which Tata Motors used as a branding for the Ace light CV (LCV) launched in 2005. The campaign connected well with the product—a reference to its compact size, yet superior strength to carry goods—and the customers. Because of the inherent strengths of the product and because there wasn’t an equally good last-mile transportation LCV in the market, the Ace was a runaway success—the Ace family, comprising of eight models, has sold over 23 lakh units.

Former ICICI Bank CEO Chanda Kochhar Monday appeared before the ED in connection with an alleged bank loan fraud and money laundering case registered against her. Kochhar arrived before the Enforcement Directorate’s office here in Khan Market shortly before her scheduled appearance time of 11 am, official sources said. Sources said Kochhar is required to assist the investigating officer of the case in taking the probe forward and her statement will be recorded under the Prevention of Money Laundering Act (PMLA).

Paytm’s e-commerce platform Paytm Mall has entered into a partnership with Ernst and Young before its touted global release, Paytm Mall said in a statement. With this, the company looks to build a fraud prevention system for its customers and partners alike. The 2016 founded company “will undertake frequent audits to identify, analyse and monitor various in-built and outsourced processes to recommend global practices,” which will be deployed in building “Technology-driven Fraud Prevention System”.

In an effort to attract more fliers in the domestic sector, national carrier Air India (AI) on Friday announced that starting Saturday, it offer a 40 per cent discount on tickets bought within three hours of the departure of a flight.

This is expected to bring some relief for fliers as after the shutting down of operations by Jet Airways, the capacity intake of the Indian aviation sector went down, leading to an increase in demand and as such, a hike of 20 to 40 per cent in ticket prices.

Richest Indian Mukesh Ambani-led Reliance Industries' entry into online retailing will help expand the current 15,000 digitised retail stores to over 5 million by 2023, a study of Bank of America Merrill Lynch said.As much as 90 per cent of India's USD 700 billion retail market is unorganised, made up mostly of neighbourhood kirana stores selling groceries and other sundries.

The board of tobacco-to-hotels major, ITC, will meet for the first time since the demise of its chairman and non-executive director, Y C Deveshwar, on Monday. The agenda before the board, circulated much ahead of Deveshwar’s demise on Saturday, was to approve the audited financial results for the quarter and financial year and recommendation of dividend. However, it was most likely that the issue of succession would come up for discussion at the meeting.

Shares of State Bank of India (SBI) were trading 2 per cent higher at Rs 314 during the early morning trade on Monday, after the bank reported healthy March quarter numbers for 2018-19. The stock extended its Friday's gain of over 5 per cent as it witnessed buying interest after the bank reported improvement in asset quality during Q4FY19.

The stock has rebounded 8 per cent from Friday’s low of Rs 292 on the BSE.

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