Paytm Mall on Tuesday announced ‘Republic Day Sale’ which offers exciting discounts and cashback to the buyers. The attractive deals can be availed by the customers until January 26. The customers can buy laptops, sports shoes, smart TVs, headphones, home appliances and others in the sale.

Up to Rs 8,000 cashback can be availed on the purchase of iPhones using the offer, the company said in a statement.

Microsoft CEO Satya Nadella on Tuesday asked world leaders to ensure that technology addresses the challenges facing humanity, including access to education and healthcare. Address a press conference here as a co-chair of the World Economic Forum Annual Meeting 2019, the Indian origin business leader said computers have become embedded in the fabric of everyday life.

Shares of Ashok Leyland continued under pressure, hitting a 20-month low of Rs 86.55 apiece, down 4.5 per cent on the BSE, on concerns of a slowdown in vehicle sales.

The market price of the country's second largest commercial vehicle (CV) manufacturer was trading at its lowest level since May 25, 2017.

The country's largest carmaker Maruti Suzuki India (MSI) Tuesday said it has commenced bookings for an updated version of its premium hatchback Baleno.

The new Baleno can be booked with an initial payment of Rs 11,000, MSI said in a statement.

Bajaj Auto Ltd released its new brand identity on Monday — “The World’s Favourite Indian” to announce its dramatic transition from a domestic scooter maker to a global motorcycle maker.

Commenting on company’s journey, Rajiv Bajaj, Managing Director, said, “Our international performance is validation of our strategy of focus and differentiation.

State-owned Oil and Natural Gas Corp’s (ONGC) Rs 4,022 crore share buyback programme will open on January 29 and close on February 11, the company said in its offer letter to shareholders.

ONGC’s board had on December 20 approved buyback of 25.29 crore shares for Rs 159 apiece as part of the Government plan to get cash-rich PSUs to part with their surplus.

The Government may consider reducing customs duty on certain medical devices in the forthcoming budget with an aim to boosting domestic manufacturing of such goods, sources said.

The move would also help promote the Government’s ambitious Make in India initiative, said the source.

The delay in timely completion of Coal India projects worth Rs 11,000 crores is a matter of concern, not just because it aggravates the coal shortage but also leads to increasing project costs. India, for instance, imports over 200 million tonnes of coal a year, with a huge outgo of foreign exchange. It’s a Catch-22 situation, because while India has a lot of coal resources, other issues like getting environmental clearances and land acquisition, among other things, are monumental hurdles.

The Life Insurance Corporation (LIC) on Monday became the owner of a bank when it completed the acquisition of a 51 per cent controlling stake in IDBI Bank. The insurer will have five nominees on the bank’s board, while the government will have two.

IDBI Bank is now a subsidiary of LIC after allotting 82,75,90,885 equity shares to the insurer at a price of Rs 60.73 per share, aggregating Rs 5,025.96 crore in the final tranche of the preferential issue.

The rejection of Larsen and Toubro’s (L&T) share buyback plan by Sebi has led to questions on whether the standalone or consolidated financials of a company should be considered. However, proxy advisory firm IiAS feels the latter is a more prudent method of defining parameters.

On Saturday, L&T had announced that the market regulator had denied it permission for a Rs 9,000-crore share buyback programme.

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