State-run power giant NTPC revised its installed and commercial capacities downward to 51,383 MW and 50,583 MW respectively after the Central Electricity Authority (CEA) deleted its 325 MW capacity of Patratu plant. In last May, the company had informed BSE about addition of 325 MW of Patratu Thermal Power Station of Patratu Vidyut Utpadan Nigam Ltd (PVUNL) to NTPC’s Group capacity.

Telecom operator Idea has come up with a new prepaid offer. Just like other telecos Airtel, Reliance Jio coming up with prepaid plans in the Rs 300-Rs 400 range, now Idea is looking to get some traction in this popular segment. Idea’s latest prepaid plan specially caters to internet data users who have excessive amounts of needs. Along with the data, outgoing calls and SMSes are also offered free in this prepaid plan.

Dell in India on Monday launched a new laptop "XPS 13" in the country, starting at Rs 84,590. The 13.3-inch laptop is powered by Intel 8th generation core processors.

The device sports 'InfinityEdge' touch display that maximises screen space by squeezing a 13.3-inch display in an 11-inch form, the company said in a statement.

Ahmedabad/Shimla: The Bharatiya Janata Party (BJP) fought off a resurgent Congress on Monday to hold on to Gujarat for a fifth consecutive term and stayed on course to pick up an easy win in Himachal Pradesh.

The BJP's victory margin in Gujarat was reduced -- less than 110 from 115 last time -- as the Congress put up a spirited show with support from traditional BJP voters Patidars and OBCs. The grand old party bettered its score and was likely to get a few less than 75, nearly 15 up from 2012.

Mumbai: Shares of HDFC Bank on Friday hit a record high after the private sector lender announced its intention to raise funds.

The bank has said its board will meet on December 20 to "consider a proposal to raise funds by the issue of equity shares/depository receipts and other securities, including through Qualified Institutions Placement (QIP)/American Depository Receipts (ADRs) programme, preferential allotment or such other methods or combinations as may be decided''.

New Delhi: State-owned ONGC has torn into regulator DGH's proposal to auction its discovered oil and gasfields, saying the national oil companies can raise production if they are offered the same fiscal concessions as extended to private companies.

In para-wise comments on the directorate general of hydrocarbons' (DGH) proposal to auction 60 per cent stake in some producing oil and gasfields of ONGC and Oil India Ltd, ONGC said national oil companies (NOCs) should also be allowed to participate in the auction.

Calcutta: Volvo, the Swedish marque, is set to witness a 25 per cent year-on-year growth in India as it closes the year with sales at over 2,000 units.

The car maker is on a growth trajectory, both globally and locally.

ITC Ltd’s shares have not recovered from the blow dealt by the steep hike in cess on cigarettes. Even five months down the line, there were no signs investors were doing a rethink. Could last week’s Karnataka high court ruling change that?

The court struck down government rules requiring larger graphic warnings on packs. A Reuters report said the government will appeal the decision in the Supreme Court, indicating that the legal process will take some time.

The Indian rupee crashed as much as 68 paise against the US dollar on Monday as investors turned cautious over the outcome of Gujarat State election results. The rupee plunged heavily in the opening session on Monday, diving as much as 68 paise to 64.72 against the US dollar after early trend suggested that the BJP and the Congress are neck and neck in Gujarat Assembly sweepstakes after one hour of counting of votes. According to the latest data available, BJP was seen holding 98 seats while Congress estated 83 seats.

Key indices dramatically recovered as the Bhartiya Janta Party took lead in the state of Gujarat. The counting for the two phase Gujarat Assembly elections has begun and the results are expected to come out by afternoon.

Gujarat has 26 parliamentary constituencies and 182 assembly constituencies.

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