Urging the Telecom Regulatory Authority of India (Trai) to devise an appropriate filtering mechanism to deal with samples of mobile speed data, the Cellular Operators Association of India (COAI) said the sample selected by the regulator in the white paper on mobile data speed was “spurious”.

Hyundai i30, a premium hatchback and an elder sibling to Hyundai i20, has been seen being tested on Indian roads again. A new set of images posted by Powerdrift show the Hyundai i30 yet again completely undisguised. The Hyundai i30 first made its public appearance at the 2016 Paris Motor Show, when the company's new design language debuted.

With Cabinet approving exploration and exploitation of coal bed methane (CBM) gas from areas under coal mining lease allotted to Coal India, the PSU mining major may soon conduct a global search for an experienced developer, sources told DNA Money.

In the domestic market, Essar Oil and Gas Exploration, which is currently producing about one million cubic meters of gas per day of CBM, would be among the interested bidders.

The BSE benchmark Sensex gained for the sixth straight session, reclaiming the crucial 34,000 level briefly in early today, ahead of IIP and inflation data scheduled to be released later in the day.

The government will issue Index of Industrial Production (IIP) numbers for February and inflation data for March based on consumer price index (CPI) today.

The Indian Space Research Organisation's navigation satellite INRSS-1I was today launched by PSLV-C41 from the spaceport here and successfully placed in the designated orbit.

PSLV-C41/IRNSS-1I Mission blasted off at 4.04 am from the first launchpad at the Sathish Dhawan Space Centre. It was a normal lift-off, ISRO officials said.

Axis Bank, which has the largest exposure to Echanda Urja Pvt Ltd, a subsidiary of NuPower Renewables Pvt Ltd, has sold part of its loans to government-owned Indian Renewable Energy Development Agency (IREDA) and Central Bank of India in 2017-18, in a bid to reduce exposure in the company.

With this, Axis Bank has reduced its exposure in Echanda Urja by Rs 2 billion to below Rs 3 billion, and the rest of the debt will also be sold in due course, said a source close to the development.

The Tata Group, widely seen as a potential suitor for Air India, is unlikely to consider a bid for the carrier as the government’s terms are just too onerous, two sources said. India, keen to sell the loss-making, debt-ridden airline, finalised plans in late March to divest a

76 per cent stake and offload about $5.1 billion of its debt.

The Securities and Exchange Board of India (Sebi) extended its earlier deadline of April 21 for Sahara Mutual Fund (MF) to wind up all its schemes, allowing it to continue with its tax saving Sahara Tax Gain Fund till July 27.

Last year, it had instructed Sahara MF to strictly comply with the timelines specified in its order dated July 28, 2015. This became effective from October 23, 2017. Sahara MF had asked Sebi to extend the timeline, citing the three years of lock-in period at Sahara Tax Gain Fund.

Chennai, Apr 11 Hinduja Group flagship Ashok Leyland was "gung ho" about its defence business and would focus only on mobility of defence products, a top official said today.

The city-based heavy commercial vehicle maker has showcased six advanced products and technology solutions at the DefExpo organised by Ministry of Defence at Thiruvadanthai about 40kms from here.

Bangalore: Walmart Inc. looks likely to take the next round in the battle for India’s retail market over rival Amazon.com Inc.

Flipkart Online Services Pvt, the country’s leading e-commerce company, is leaning toward selling a controlling stake to the Bentonville, Arkansas-based company, rather than Amazon, because of the greater certainty in such a deal, according to people familiar with the matter.

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