Essar Global, the holding company of Essar Group, on Monday said that it has paid back last tranche of Rs 12,000 crore to its Indian and foreign lenders. Essar Global has now repaid Rs 1.37 lakh crore or 80 per cent of group debt in 2 years, the company said in a statement. The latest repayment is in addition to Rs 30,000 crore made in August 2017 from the proceeds arising out of the sale of Essar Oil to Russia’s Rosneft, the company said.

Emerging technologies such as artificial intelligence (AI) and machine learning will not render people jobless in the future, but rather create more opportunities for humans, Infosys co-founder N R Narayana Murthy said here. The renowned IT Industrialist noted that technology provides an opportunity for people to move from drudgery to tasks that require more human touch.

Mercedes-Benz’s is not aiming to be the first manufacturer to develop a self-driving car but it wants to be among the first two players able to scale up the technology, Mercedes-Benz executive Christoph Schroeder told German paper Welt am Sonntag.

Carmakers and tech companies like Uber, Google, General Motors, Volkswagen are vying to roll out robotaxi services for paying customers as a way to enter the ride-hailing business.

The BSE benchmark Sensex rose by about 288 points and the NSE Nifty claimed the 10,800 mark, in early trade Monday, extending gains for the second straight session on continued buying by domestic investors and positive cues in global markets.

Traders said, the domestic equities mirrored a firm trend at other Asian bourses, while market sentiments were also lifted by US-China trade talks.

While the country is being forced to import coal and domestic power plants run on low stocks, Coal India Ltd (CIL) has been able to spend just 30% of its capital expenditure plans for the year till November, report submitted by the company to the coal ministry shows.

India's top run accumulator Cheteshwar Pujara Monday described the current team which clinched the country's maiden Test series win in Australia as the best he has been a part of with lethal bowling attack complementing the batting.

Pujara, who scored 521 runs at an average of 74 with the help of three hundreds, was named Player of the Series in the historic series win.

When the spectre of dragnet online surveillance and grave violations of privacy looms large over India’s citizens, here is some news for cheer for those opposed to government surveillance.

In a decision which was recently uploaded, the Delhi high court held that the Telecom Regulatory Authority of India (TRAI) has to disclose, under the provisions of the RTI Act, information to a citizen whether his phone was under surveillance mounted by Vodafone – a private telephone services provider – on orders of the government.

Global Rating agency Standard and Poor's ( S&P) on Monday said the strain on IDBI Bank to meet regulatory capital requirement has eased after Life Insurance Corporation of India infused Rs 14,500 crore as fresh capital in ailing Indian banking entity.

"We are affirming our 'BB/B' foreign currency issuer credit ratings on the bank, and the 'BB' long-term issue rating on the notes issued by the bank's Dubai branch.

NEW DELHI: State-owned BHEL said it has successfully commissioned a 800 MW thermal unit within a record time of 46 months in Telangana.

"The 800 MW set has been commissioned at Kothagudem Thermal Power Station (KTPS) of Telangana State Power Generation Corporation (TSGENCO)," Bharat Heavy Electricals Ltd (BHEL) said in a statement.

A rebound in global sentiment on hopes of a likely thaw in US-China trade relations, coupled with value buying, aided the key Indian equity indices to end on a positive note on Friday. The Sensex and Nifty ended over 0.50 per cent higher.

Initially, the domestic equity market was subdued by the downtrend in global indices. However, as the day progressed, reports of a likely thaw in frosty US-China trade relations buoyed global and domestic sentiments.

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