The benchmark BSE Sensex recovered by over 123 points in early trade on Thursday, halting its three- session falling streak on fresh spell of buying in recent losers amid positive Asian cues.

The 30-share index rebounded by 123.37 points, or 0.36 per cent, to 33,916.75. The gauge had lost 263.45 points in the previous three sessions.

India’s central bank will soon issue a new Rs 10 note in chocolate brown colour. The Reserve Bank of India (RBI) has already printed 1 billion pieces of the new note, Livemint reported quoting sources. Further, the new note will bear the picture of Konark Sun Temple.

The design received the go-ahead from the government last week, said the two of the people cited earlier. Earlier in 2005, the central bank had changed the design of the old Rs 10 note. In August-17, RBI had introduced the new Rs 200 and Rs 50 notes under the Mahatma Gandhi series. The move is aimed at achieving RBI’s aim to promote a less-cash economy.

Hours after Pakistan Rangers killed their head Constable, Border Security Force (BSF) in a tit for tat action, destroyed two mortar positions of Pakistan in a precision-targeted fire along the International Border (IB) in Samba sector.

Soon after Pakistan Rangers sniped at head Constable RP Hazra, BSF troopers consolidated their positions and started precision targeted fire on Pakistani mortar locations.

Board of Control for Cricket in India (BCCI) is set to announce the list of players retained by Indian Premier League (IPL) teams on Thursday evening. India skipper Virat Kohli and his predecessor Mahendra Singh Dhoni are among the top players who are set to be retained by their respective IPL franchises, Royal Challengers Bangalore and comeback outfit Chennai Super Kings respectively. Virat Kohli was signed by the Royal Challengers Bangalore as an Under-19 player in the very first IPL auction but is yet to taste a triumph as captain in IPL in spite of his extremely successful run as national captain.

Salil Parekh will earn an annual salary of Rs 162. 5 million ($ 2.55 million) as the CEO of Infosys, which is a quarter of what Infosys had signed up with his high profile predecessor Vishal Sikka, who quit the firm after three years in turmoil.

The compensation also reflects the reality at Infosys and its chairman Nandan Nilekani who would like the low profile senior executive to execute a vision of focused delivery for customers than over promise and under delivery that would be in contrast with the company's culture.

Mumbaikars struggled to reach their destination as suburban rail services and road transport bore the brunt of protests by Dalit groups during the day-long 'bandh' against the Bhima Koregaon caste clashes on Tuesday.

Local train commuters struggled to reach offices while motorists remained stuck on roads due to the demonstrations in various parts of the city and the extended suburbs. Flight operations at Mumbai airport were badly hit today due to the Maharashtra-wide protest called by various Dalit groups, with 33 flights, 32 of them from Jet Airways, getting cancelled.

Spurred by investor interest, 132 small and medium enterprises (SMEs) raised a record Rs 17.32 billion through IPOs in 2017, which was more than three times the funds raised in the preceding year.

Funds raised were used for business expansion plans, working capital requirements and other general corporate purposes.

Reliance Industries is likely to see a big cash-flow boost as projects of over $40 billion start to deliver in full swing this fiscal while capex falls, international brokerage house CLSA said today. In a report, CLSA said that the stabilisation of just-commissioned refinery off-gas cracker (ROGC) and petcoke gasification projects would boost EBITDA, PTI reported.

ROGC is the latest addition to the RIL’s portfolio as the world’s first ever and the largest. The ROGC complex is a core component of RIL’s most innovative and world-scale J3 project at its integrated Refinery-Petrochemicals complex at Jamnagar.

Homegrown auto major Tata Motors MD and CEO Guenter Butschek has called employees to bolster accountability and drive performance within the organisation as the firm seeks to build on the positives of its turnaround drive that is expected to be completed by March.

In his New Year message to employees, Butschek said several steps taken in 2017 such as accelerated efforts on sales enhancement, rigorous cost reduction have shown quick results on market share and bottom-line improvement, but the effort needs to continue.

Indian Railways has set a target of December 2018 to link all its locomotives via ISRO satellites, making it easy to track trains and communicate with their crew in real time, officials said.

By year-end, all 10,800 locos of the railways will have antennas fixed on them and they will be monitored inside the driver's cabin, senior officials of the national transporter told PTI.

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