Automobile major Tata Motors is projected to post a standalone profit in the quarter ended March 31, 2018. This could be the second consecutive quarter of standalone profit for the company after five successive loss-making quarters, marking a turnaround of sorts.

Automobile major Tata Motors is projected to post a standalone profit in the quarter ended March 31, 2018. This could be the second consecutive quarter of standalone profit for the company after five successive loss-making quarters, marking a turnaround of sorts.

New Delhi: The Supreme Court on Monday stayed a National Company Law Appellate Tribunal (NCLAT) order that had allowed for partial sale of assets of Reliance Communications Ltd (RCom) to Reliance Jio Infocomm until the tribunal decides on the case.

The top court order effectively halts the RCom-Jio deal worth Rs25,000 crore to the extent of sale of tower and fibre assets.

To ensure smooth operations, CIL management put a multi-pronged plan into action at all company mines in the wake of yesterday’s protest call given by trade union CITU against commercial mining, the government today said. Four central trade unions of CIL had served notice to go on a one-day strike on April 16, protesting against the commercial coal mining.

BENGALURU: Market regulator Sebi has accepted a settlement application filed by Infosys following the latter’s inquiry into alleged inadequate disclosures and procedural lapses in the severance agreement with former CFO Rajiv Bansal, sources told TOI.

The settlement application is now before Sebi’s Advisory Committee headed by Vijay C Daga, retired judge of the Bombay high court, for a decision on the quantum of monetary penalty, the sources said.

Mumbai: State-run insurer Life Insurance Corporation of India (LIC) booked record equity trading profits of Rs25,000 crore in 2017-18, up from Rs19,000 crore a year ago, said two people aware of the matter.

The state-owned insurer is finalizing its annual accounts and these will be published in May.

Mumbai: The Aditya Birla Group is in talks with buyout firms to sell stakes in promoter entities that control Idea Cellular Ltd to raise more than $1 billion, part of which will be used to pay down regulatory dues of the telecom operator ahead of a merger with Vodafone India Ltd, two people directly aware of the development said.

To help enterprises secure their data and networks against growing cyber attacks, Microsoft has announced new intelligent security tools and technologies for Internet of Things (IoT) and edge devices.

The company introduced “Azure Sphere”, the industry’s first holistic platform to create secured, connected microcontroller unit (MCU) devices on the “intelligent edge”.

Extending its rising streak for the ninth session, the benchmark BSE Sensex advanced nearly 100 points in opening trade today, after forecast of a normal monsoon for the year.

The 30-share barometer was trading higher by 92.66 points, or 0.27 per cent, at 34,398.09, with power, metal, PSU, infrastructure, realty, capital goods and auto sector stocks leading the trend.

Telecom regulator Trai on Monday unveiled beta version of a portal that aims to bring on one platform the telecom tariffs offered by different operators and in different service areas.

The move is expected to provide more transparency and information on multiple tariff offerings by telcos, helping consumers at large.

Mahindra & Mahindra (M&M) has joined the elite club Rs 1-trillion market capitalization (market-cap) on the BSE, as its share price hit an all-time high of Rs 819 in early morning trade on Tuesday.

With the market-cap of Rs 1.01 trillion at 10:00 am; M&M stood at number 30th position in overall market-cap ranking, the BSE data shows. Currently, M&M stood just behind of Tata Motors, which has market-cap of Rs 1.08 trillion (include Tata Motors DVR).

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