Riding on the success of vehicles such as Nexon and Tiago, Tata Motors has lined up plans to increase its total addressable market to 90% by 2020, as part of its efforts to further expand network and grab more market share from close competitors. Total addressable market (TAM) is the overall revenue opportunity available for a specific product or service, taking into account the expansion scenarios.

US-based online retail giant Amazon on Wednesday announced a record-breaking holiday season as tens of millions of people have signed up for its Prime membership either by making paid service or on a trial basis.

“Prime membership continued to grow this holiday season… to benefit from FREE Same-Day, One-Day or Two-Day shipping, in addition to FREE two-hour delivery with Prime Now, and exclusive shopping and entertainment benefits,” Amazon said.

RIL share price: Shares of billionaire Mukesh Ambani-led Reliance Industries surged in trade on Thursday morning, to emerge as the biggest gainer in the Sensex. RIL share price zoomed by more than 2.2% to hit Rs 1,122.90. RIL is contributing the maximum to Sensex gains currently. Among other major bluechip gainers were TCS, Infosys and ITC. A look at top index contributors.

BSE benchmark Sensex rallied 391 points and NSE Nifty reclaimed the 10,800 level Thursday on positive cues from Wall Street as US stocks recovered from heavy losses after the White House assured that US President Trump had no intention of firing the Fed chairman.

Cash-strapped national carrier Air India should disclose its assets abroad and earnings from them, the Central Information Commission has ruled. It “summarily” rejected the contention of Air India that the information sought by activist Aseem Takyar regarding rent, lease fee fetched by it from April 01, 2008 with regard to its properties abroad; demarcation plan and total area of these properties, arrears attracts exemption of commercial confidence under the RTI Act.

Anil Ambani-led Reliance Communications Ltd said on Wednesday that it remains committed to paying its outstanding dues, even as the telco’s proposed deal with Mukesh Ambani-controlled Reliance Jio remains uncertain. RCom said it hopes to get long-awaited consent from DoT for its spectrum sale to Reliance Jio Infocomm.

With the coal demand from power sector exceeding the supply in 2018, the government is hopeful of higher output in the new year from already allocated mines and plans to further allot 10 mines to state-run behemoth Coal India Ltd (CIL) in 2019.

Of the 85 mines already allotted, 23 have already started production and the Coal Ministry expects 20 more mines to begin production in the current financial year ending March 2019 or early in the next fiscal.

After being ravaged by the Nirav Modi scam earlier this year, public sector lender Punjab National Bank (PNB) has decided that the national anthem will be sung in its Annual General Meetings (AGM) and Extraordinary General Meetings (EGM), which are held for discussing and approving key decisions by shareholders.

Buoyed by over 36 per cent of its procurement from micro and small enterprises (MSEs), power giant NTPC has pitched for their universal registration for supplies to all CPSUs in India.

“To promote ease of doing business for MSEs, NTPC Chairman Gurdeep Singh has proposed a single window registration for MSEs across CPSUs,” a senior company official told PTI.

Mumbai: Toyota Motor Corp. and Maruti Suzuki India Ltd’s parent Suzuki Motor Corp. are deepening their business partnership in all areas except an equity alliance as they seek to tap into each other’s expertise to take on the dynamic market for automobiles. The companies have expanded the scope of their ongoing discussions to include areas such as manufacturing and sales practices,

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