The one-day strike called by the four central trade unions of Coal India Ltd on April 16 against the government move of allowing commercial coal mining, has been withdrawn due to lack of cohesion among themselves, a union leader today said. Coal India officials too confirmed that the strike has been called off. The four central trade unions of CITU, BMS, HMS and AITUC had served the strike notice on March 14.

Mobile payments app Paytm is open to any kind of regulation, including one that the telecom regulator may want to bring in, to ensure that data of its consumers is safe and secure, its founder said, breaking away from the crowd of app makers, most of which have expressed their reservation against any regulation.

NÉW DELHI: Microsoft is investigating the methods partner KPMG uses to crack down on the illegal use of its software in India, after a complaint from a senior member of the BJP, documents seen by Reuters showed.

India is one of the US technology firm’s biggest markets in Asia, yet over half of all software installed on computers in the country is unlicensed, advocacy group Business Software Alliance said in 2016.

Gold Coast, Australia, Apr. 14 (AP): Mary Kom is back on the international stage in boxing.

The mother of three and now politician in India made a successful return to the ring at a major multi-sports event on Saturday. She beat Kristina O'Hara of Northern Ireland in a 5-0 unanimous decision in the gold medal match in the 45-48 kilogram division at the Commonwealth Games.

Mahindra & Mahindra (M&M) on Friday said it will be launching its luxury electric car brand, Automobili Pininfarina, in Europe, with the first hypercar scheduled for 2020. In a release, the company said the brand will “design, engineer and manufacture high technology, extreme performance, luxury EVs for the most discerning global customers”

Hinduja Group flagship Ashok Leyland, the largest suppliers of mobility solutions to the Indian Army, has won another critical order from the ministry of defence (MoD). The contract is for supplying Ashok Leyland’s High Mobility 10×10 vehicles (HMV 10×10,) which have been fully developed in India. This order will end a long search by the Indian Army, which has been looking for HMV 10x10s to carry the Smerch rockets. This initial order is worth over Rs 100 crore, the company said in a release in Chennai on Friday.

As Infosys closed the financial year 2017-18 with its numbers meeting the Street’s expectations, it also made an effort to erase part of its recent past, in which differences emerged between the company and its founders, and then Chief Executive Officer (CEO) Vishal Sikka quit the firm.

The new regime made clear its intention to grow the digital business by announcing an acquisition in the space. The company also said it would sell two key acquisitions, Panaya and Skava, which were bought under the leadership of Sikka.

ArcelorMittal has alleged it received differential treatment in the eligibility test it failed in the first round of bidding for Essar Steel as compared to JSW Steel’s with respect to Monnet Ispat & Energy. The case, as put forward by the legal sources close to ArcelorMittal, is somewhat like this: Seema Jajodia, who is a sister of JSW group chairman and managing director Sajjan Jindal and an erstwhile promoter of Monnet Ispat, had transferred her shares in Monnet Ispat on October 24, 2017, but continued to be reflected as a promoter in the shareholding pattern uploaded on the stock exchanges for the quarter ended December 2017.

HDFC Bank on Friday said it plans to raise Rs 500 billion through bonds in the next 12 months to fund business expansion.

The decision to this effect will be taken in the board meeting on April 21, 2018, HDFC Bank said in a regulatory filing.

Ashok Leyland was trading 3.3% higher at Rs 150 on the BSE after the company said it has won an order from the Ministry of Defence (MOD) for 10x10 vehicles to carry the Smerch Rockets.

“This order will end a long search by the Indian Army, who has been looking for HMV 10x10s to carry the Smerch Rockets, this initial order is worth over Rs 1,000 million,” Ashok Leyland said in a press release.

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