National carrier Air India has always been the worst in punctuality, but now that ignominy has passed to Jet Airways in India. It got the tag of the worst on-time performance in eight out of 12 months in 2017, with as many as a third of its departures delayed.

Jet Airways and Jet Lite carried 20.7 million domestic passengers in 2017. For the businessmen, industrialists, corporates and other frequent flyers among this lot, Jet's poor punctuality record has turned flying into a pain.

Key indices on Tuesday opened in red. The 30-share BSE Sensex was down 82.24 points at 36,201.01 and the 50-share NSE Nifty fell 40.20 points to 11,090.20.

At 9:31 AM, Sensex was trading low at 36,207.72 points while Nifty fell 0.35% to trade at 11,091.70 points.

Riding on a powerful performance by centurian Shubman Gill, India on Tuesday thrashed arch-rival Pakistan by 203 runs in Under-19 World Cup Semi Final to set up a final clash against Australia. India bundled out Pakistan for just 69 after setting a target of 273 runs. Gill, 102 not out, hit 7 boundaries in his 94-ball innings as Rahul Dravid's boys took the scoreboard to 272/9 at the end of 50 overs.

Anil Ambani-controlled Reliance Infrastructure Ltd on Monday said it has received the Letter of Award (LOA) from the National Highways Authority of India (NHAI) for Rs 8.82 billion on a engineering, procurement and construction (EPC) basis.

RInfra added the company emerged as the lowest bidder for the project after quoting a bid of Rs 8.82 billion for the project for the six-laning of Aurangabad to Bihar–Jharkhand border (Chordaha) section of NH-2 in Bihar.

RCom shares topped the trading volumes on National Stock Exchange on Monday dropping over 6% ahead of the Q3 results due later today. Shares of Anil Ambani’s telecom company Reliance Communications shed 6.52% to hit the day’s low of Rs 26.5 on NSE. A heavy trading volume had been observed in the shares of Reliance Communications, as at 12:05 pm, more than 5 crore shares exchanged hands on both NSE and BSE with about 4.58 crore shares of NSE alone.

Microsoft has released another security patch against “Spectre Variant 2” bug found on Intel chips. Intel has reported issues with recently released microcode meant to address “Spectre variant 2” termed as “CVE 2017-5715 Branch Target Injection”. Intel noted that this microcode can cause “higher than expected reboots and other unpredictable system behaviour,” adding that situations like this may result in “data loss or corruption”.

Private sector Axis Bank today launched the fourth edition of ‘Evolve’, an annual multi-city knowledge series for Bank’s SME customers here. The current edition of evolve, titled “Transform your Family Business into your dream company”, will empower the SMEs understand the winning strategies and best practises that have helped some of the leading family businesses in India grow into reputable enterprise.

Facebook said on Monday it was publishing its privacy principles for the first time and rolling out educational videos to help users control who has access to their information, as it prepares for the start of a tough new EU data protection law.

The videos will show users how to manage the data that Facebook uses to show them ads, how to delete old posts, and what happens to the data when they delete their account, Erin Egan, chief privacy officer at Facebook, said in a blog post.

Mumbai: State Bank of India (SBI) will invite new bids to select interim resolution professionals (IRP) for Videocon Industries Ltd and Videocon Telecommunications Ltd, three people aware of the development said.

In the last week of December, SBI, the lead lender for both companies, had chosen Alvarez & Marsal, as the IRP.

Mumbai: Shares of Maruti Suzuki India Ltd on Monday surged over 3.6% after the company said its board approved reducing royalty rates for new models.

The stock touched a high of Rs9,609.95 on the BSE and gained as much as 3.59% in intraday trade. At 9.56am, it was trading at Rs9,588.35 on the BSE, up 3.35% from its previous close, while India’s benchmark Sensex rose 0.81% to 36,343.36 points.

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