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Four travelling on footboard in Chennai local train dead after hitting concrete fence

Four travelling on footboard in Chennai local train dead after hitting concrete fence

Four commuters who were travelling on the footboard of a Chennai suburban train were killed, and several others were injured on Tuesday, when they hit the concrete fence at St. Thomas Mount station.

The incident occurred at about 8:45 am when the Tirumalpur-bound slow train was heading towards the Platform number 3 of Thomas Mount station. Many commuters were travelling on the footboard of the overcrowded train during the rush hour.

Political funding takes a transparent leap: Political parties redeem Rs 427 crore SBI electoral bonds

Political funding takes a transparent leap: Political parties redeem Rs 427 crore SBI electoral bonds

In a first towards bringing in transparency in political funding in India, political parties have redeemed electoral bonds worth Rs 427.3 crore, of the total 980 electoral bonds worth Rs 438.30 crore issued by SBI (State Bank of India) in the first three phases of the sale of such bonds.

Rakesh Jhunjhunwala says Modi will win 2019 Lok Sabha election; bets on these two Tata group firms

Rakesh Jhunjhunwala says Modi will win 2019 Lok Sabha election; bets on these two Tata group firms

Even as market pundits try to decode the reaction of Sensex and Nifty to political uncertainties, ace investor Rakesh Jhunjhunwala is confident on PM Modi winning the 2019 elections. In an interview to ET Now, Rakesh Jhunjhunwala said that the stock markets are currently bearish about the BJP’s prospects. “I personally feel we are far more bearish about the BJP prospects than the actual reality…I would want that Mr Modi comes back. This election is going to be fought on personalities.

BMW picks its India head Vikram Pawah to lead Australia, NZ business

BMW picks its India head Vikram Pawah to lead Australia, NZ business

German luxury automaker BMW today said it has appointed its India head Vikram Pawah as CEO of BMW Group Australia and New Zealand with effect from August 1.

Pawah (47) has additionally been promoted as the Chairman of BMW Group India and will remain committed to the Indian market in his expanded role, BMW Group India said in a statement.

Sensex at all-time high, goes beyond 36,800 mark, Nifty touches 11,134.95

Sensex at all-time high, goes beyond 36,800 mark, Nifty touches 11,134.95

The domestic equity markets started Tuesday's trade on a strong note with the BSE Sensex going beyond the 36,800 mark for the first time ever, Nifty50 touched 11, 134.95 mark. In just few minutes, Sensex was at 36,816.53 level, with a gain of 97.93 pointswhile Nifty was at 11,115.50, up 30.75 points.

Idea, Vodafone pay Rs 7,249 cr under protest to DoT for merger

Idea, Vodafone pay Rs 7,249 cr under protest to DoT for merger

Inching closer to the formation of country’s biggest telecom operator, Idea Cellular and Vodafone have made joint payment of Rs 7,248.78 crore under protest to the Department of Telecom for merging their mobile business. “Idea Cellular and Vodafone have made payment under protest as demanded by the DoT for the merger. Rs 3,926.34 crore have been paid in cash and bank guarantee of Rs 3,322.44 crore have been furnished,” an Idea Cellular official confirmed the development.

Sensex opens 100 points higher after GST Council cuts rates

Sensex opens 100 points higher after GST Council cuts rates

Mumbai: The benchmark BSE Sensex advanced over 100 points in early trade on Monday led by gains in FMCG stocks after the GST Council on Saturday cut rates on over 100 items, amid fresh capital inflows by foreign funds and strengthening rupee.

The 30-share index was trading higher by 114.10 points, or 0.31 per cent, at 36,610.47. All the sectoral indices, led by FMCG, consumer durables and power stocks were trading in the positive zone, rising up to 1.21 per cent.

Why Reliance Jio, Amazon are two sides of the same coin

Why Reliance Jio, Amazon are two sides of the same coin

In January, Amazon, along with JPMorgan Chase and Berkshire Hathaway, announced a new healthcare company. The three companies merely said it would provide high-quality healthcare for their employees and families at a reasonable cost.

But healthcare investors got nervous at the prospect, selling off shares of established players like UnitedHealth and Anthem.

With car-sized probe, NASA set to launch first mission to touch the Sun

With car-sized probe, NASA set to launch first mission to touch the Sun

NASA is on schedule to launch mankind's first mission to the Sun - a car sized probe that will swoop to within 4 million miles of the solar surface, facing heat and radiation like no spacecraft before.

The Parker Solar Probe, which is expected to take off no earlier than August 6 aboard United Launch Alliance Delta IV Heavy, will study the Sun closer than any human-made object ever has.

Air India apologises for denying Indian table tennis team to board flight

Air India apologises for denying Indian table tennis team to board flight

Terming the incident unfortunate, the national carrier Air India has tendered an apology to the Indian table tennis team, who were denied boarding on the Delhi-Melbourne flight on Sunday.

In a statement, an Air India spokesperson said, "This was a very unfortunate incident, we apologise to the players and we are arranging next available flights."

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