2018 Hyundai Santro AH2 Unveil 23rd August: The stage is set for Hyundai most iconic car to make a comeback to the Indian market this festive season, The Santro will make its public debut on the 23rd of October 2018 in final production guise. While the company is yet to confirm the date, our sources inside the company confirm that a date close to this one has been set for the unveiling with a launch to follow shortly.

Tech giant Google today said it is working with multiple partners to use new-age technologies like artificial intelligence (AI) and machine learning (ML) to improve response time to natural disasters like floods as well as addressing healthcare challenges. Google Technical Project Manager (TensorFlow) Anitha Vijayakumar said the company has developed a system that uses AI for early and accurate flood warnings, including guiding over areas that are dangerous and prone to flooding.

E-Commerce giant Amazon today said its over 14,000 assisted online shopping service points, internally codenamed ‘Project Udaan’ till now,will be branded as’Amazon Easy’by the middle of 2019, a senior company official said today. “Starting withover200stores across the Krishna, West Godavari, East Godavari, Warangal, Nalgonda and Guntur districts in Andhra Pradesh and Telangana

Mumbai: Berkshire Hathaway Inc has picked up a 25 billion rupees (USD 356 million) stake in the parent of digital payments firm Paytm, a source said, its first investment in an Indian startup as it forays into the financial payments sector.

The conglomerate run by billionaire Warren Buffett confirmed in an email that Berkshire had invested in One97 Communications Ltd.

Betting big on technology for a seamless highway ride, the National Highways Authority of India (NHAI) will soon tie up with oil marketing companies for selling FASTags, as the authority is of the view that easy availability of these tags would lead to greater usage and less congestion on roads.

After a day’s breather, the benchmark indices Sensex and Nifty resumed record-setting rally to scale new peaks and logged their best single-day gains in nearly five months, tracking positive global cues as investors took heart from the US Federal Reserve’s “gradual approach” comments on monetary policy tightening.

The BSE Sensex surged over 442 points to close at its life-time high of 38,694.11 and the broader NSE Nifty ended at a fresh record of 11,691.95, rising 134.85 points.

Mumbai: Anil Ambani-led Reliance Communications (R-Com) on Monday said it had completed the planned sale of its optical fibre assets worth Rs 3,000 crore to Mukesh Ambani-backed Reliance Jio Infocomm (R-Jio).

The announcement marks the wrapping-up of yet another portion of a larger deal inked between R-Com and Reliance Jio in December last year that involved the sale of wireless spectrum, tower, fibre and media convergence nodes.

The rupee firmed up by 10 paise to 70.06 against the US dollar in early trade at the Interbank Forex market today on selling of the American currency by exporters and banks amid fresh foreign funds inflow. Besides, the dollar’s weakness against other currencies overseas gave the rupee strength, dealers said. They said a record opening of the domestic equity markets, too kept the rupee firm.

The Bank Nifty index on Monday recorded its biggest single-day gain in three months after renewed buying interest pushed most of the banking stocks up. Shares of ICICI Bank advanced nearly 3% on Monday while Kotak Mahindra Bank rose 1.6%. State Bank of India (SBI) shares gained 2.5%.

The Centre will likely sell a 5% stake in the country’s largest oil explorer ONGC in what could be one of its largest disinvestment exercises in the current fiscal. At current prices (the ONGC stock closed Rs 176.20 on Monday), the stake sale may fetch the exchequer Rs 11,300 crore.

The department of investment and public asset management (DIPAM) held roadshows in the US last week to reach out to potential investors for the proposed offer for sale (OFS) of the government’s stake in ONGC.

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