Soon after ordering Axis Bank and HDFC Bank to launch a probe into the recent leak of price-sensitive financial information on WhatsApp, capital market regulator Securities and Exchange Board of India (SEBI) has directed Tata Motors to investigate the results leak in a order issued on Tuesday. Prescient price-sensitive information including earnings results of a few listed companies was found floating over WhatsApp messages just ahead of company’s earnings results for December quarter last year.

Reliance Communications (Rcom) has moved the Bombay High Court against an arbitration order passed a day before that had "restrained” the telco from selling or transferring its assets without its permission.

"The company has filed an appeal before the Hon'ble Bombay High Court to protect the interest of the secured lenders," said the telecom company in a statement to the stock exchanges late Tuesday evening.

BENGALURU: Having received the approval of the Securities and Exchange Board of India (Sebi) last week, Paytm Money is all set to commence operations in the next six to eight weeks along with a dozen or so asset management companies (AMCs).

A $93 million dollar yacht belonging to liquor baron Vijay Mallya was seized in Malta after he failed to pay more than $1 million in wages to the crew members.

The 95-meter ‘Indian Empress’ was boarded by the port officials and was blocked from leaving the port as part of the legal action against him, reported the UK’s Guardian.

Amazon founder Jeff Bezos tops this year's Forbes World's Billionaires list with a record fortune of $122 billion.

Bezos' fortune increased by $39.2 billion in 2017 - the largest up move in anyone's net worth recorded by Forbes last year - dethroning philanthropist and Microsoft co-founder Bill Gates, whose net worth is calculated at $90 billion, Efe reported.

In a move that could go a long way in strengthening healthcare in Uttar Pradesh, the state Cabinet on Tuesday ratified a proposal mooting two years of government service for medical students studying in government-run medical colleges.

According to a government spokesman, for this, the students will have to now fill a mandatory bond during the medical education course.

Tata Motors Finance is restructuring its captive vehicle finance arm. It is trying to sharpen the focus on specific segments such as used vehicles, dealer and vendor finance.

As part of the move Tata Motors Finance, one of the largest financiers of new commercial vehicles, has converted itself into a core investment company (CIC) from a non-banking financial company (NBFC) which was into asset financing, after Reserve Bank of India approval.

Top two metro airports of India have emerged as top scorers in the ranking of the world's best airports. Delhi's Indira Gandhi International (IGIA) airport and Mumbai's Chhatrapati Shivaji International Airport (CSIA) have emerged as the winner among the world's best airports. According to Airport Service Quality (ASQ) ranking by the Airports Council International (ACI), an association of the world's airports, Delhi won the best airport award in 2017 for passenger service under the category of airports handling over 40 million passengers per annum (mppa).

Mumbai: Reliance Industries Ltd (RIL) has committed Rs 1.3 trillion worth of investments across five states in its non-energy businesses over the past two months. Though analysts worry that these investments may dilute its return on capital employed, RIL executives say it underlines the seriousness with which the company is pursuing opportunities in telecom and retail.

Auto major Tata Motors on Tuesday unveiled an electric concept with long range and class defining interiors as part of its plans to consolidate its green mobility portfolio.

Built on a modified OMEGA (Optimal Modular Efficient Global Advanced) EV architecture, the ‘E-Vision Sedan Concept’ is capable of attaining a top speed of 200 km/hr.

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