New Delhi, May 15 () Food regulator FSSAI will finalise the labelling standards on packaged food products in the next 2-3 months and is open to make changes in the draft rules to address the industry's concern, its CEO Pawan Kumar Agarwal said today.

Last month, the Food Safety and Standards Authority of India (FSSAI) had issued a draft of Food Safety and Standards (Labelling and Display) Regulations, 2018 and sought comments from stakeholders.

New Delhi: India’s largest IT services firm TCS said on Tuesday it has expanded operations in Arkansas, US with over 200 employees joining the company as part of the Transamerica deal.

In January, Tata Consultancy Services (TCS) had signed a deal worth over $2 billion with Transamerica to administer the latter’s life insurance, annuity, supplemental health insurance, and workplace voluntary benefits products, and manage the administration of more than 10 million policies.

Global investors have priced in a "Modi win in 2019", and the government may consider various stimulus options to support the rural economy in the run-up to Lok Sabha elections next year, says a UBS report.

"Our discussions with investors and the market's multiples suggest that Prime Minister Narendra Modi winning 2019 is being priced in," UBS Securities Head of India Research Gautam Chhaochharia and Analyst Sanjena Dadawala said in a research note.

Tata Motors, ACC, Bharat Electronics (BEL), Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) were among 29 stocks from the S&P BSE500 index hitting their respective 52-week low in otherwise firm market.

Reliance Capital, Reliance Naval and Engineering, Unitech, Vakrangee, Laurus Labs, Eveready Industries, Glenmark Pharmaceuticals, Capital First and Allahabad Bank were others from the index that touched 52-week low on the BSE in intra-day trade on Tuesday.

NEW DELHI: The telecom regulator is considering a review of the charge that telecom operators pay each other for text messages — possibly even discarding it — a move that could trigger another clash with financially strapped older telcos.

The regulator is considering issuing a consultation paper to seek stakeholder views on revising the interconnection usage charge (IUC) for SMS, which may include the possibility of scrapping the charge altogether, people aware of the matter said.

BENGALURU: Infosys has begun looking for a technology services industry expert to replace Ravi Venkatesan as independent director on the company’s board, a person with direct knowledge of the plan told ET.

The software services exporter will involve an external agency to identify the right person, the source said, adding that the company would also “consider recommendations from existing board members as well from outside”.

NEW DELHI: Equity markets on Wednesday saw a positive start in morning trade as positive sentiment prevailed in the Street after BJP took early lead in Karnataka assembly election results.

30-share BSE Sensex opened around 20 points in the negative but zoomed into the green zone as the early trends of counting of votes started pouring in. At 9.30 am, Sensex was up more than 200 points at 35,759.40..

New Delhi: The merged entity of Vodafone India Ltd and Idea Cellular Ltd is likely to face a conflict of interest when it plans to buy tenancies as the two companies have telecom tower operator American Tower Corp. (ATC) as a preferred vendor and at the same time also have stakes in its rival Indus Towers-Bharti Infratel combine.

Indian-arm of the Korean automaker, Hyundai Motor India plans to reintroduce its best selling highly popular all-new Hyundai Santro back in the country. While the market debut is still about 4-5 months away, the company is busy testing its new Santro across the country. The car has been spotted several times in Chennai and nearby districts and once it was also spotted testing in the capital.

Kotak Mahindra Bank’s Q4FY18 PAT at Rs 1,120 crore was marginally lower than our estimate as it took a one-time hit of Rs 82 crore on employee expenses and did not avail RBI dispensation on amortization of mark-to-market losses. Loan growth at 25% YoY gained momentum and management continues to guide for 20% YoY growth in FY19.

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