Sensex and Nifty were losing more than a per cent in Tuesday's afternoon trade as the equity markets reeled under weak global cues caused by a missile launch by North Korea.

At 1.47 pm, the 30-share BSE Sensex was down 346.71 points at 31,404.11 while the broader 50-share NSE Nifty was at 9.801.05, down by 111.75 points. All the sectoral indices on Nifty were in the red.

Ford and Domino’s are teaming up on a research trial that will see Ford cars equipped with self-driving tech delivering pizzas to regular consumers, as a way of figuring out how everyday people will react to, and interact with, autonomous service vehicles in the future.

Ford Fusion Hybrid Autonomous Cars will be used in the test, outfitted with pizza containers created by Domino’s partner Roush Enterprises designed to keep the pizzas warm en route, and to unlock when a customer types in their unique delivery code. The vehicles will be available to randomly selected Domino’s customers who order pizza in the Ann Arbor area, with the ability on the customer end to opt in to receiving a delivery via AV when they’re selected.

Air India’s interim chief Rajiv Bansal has started review of various departments and subsidiaries of the airline, according to officials. Bansal, who took over the reins of the loss-making national carrier on August 24, is meeting senior executives from various departments to understand the overall functioning and issues that need to be addressed on a priority basis, they said. He has been appointed for three months as Chairman and Managing Director of the disinvestment-bound airline. His priority areas include on-time performance of flights and customer satisfaction.

The Indian Space Research Organisation (ISRO) is all set to launch a new navigation satellite on August 31. IRNSS-1H will replace IRNSS-1A which failed due to deficiencies in three atomic clocks that are crucial in providing positional information to users on earth, as per the report by The Indian Express. ISRO stated that IRNSS-1H will be launched on board ISRO’s PSLV-C39 rocket. The new satellite will expand the existing seven satellites of NavIC constellation.

MUMBAI: Over 8000 customers of state-run lender Bank of Baroda found their current and savings account erroneously debited with NEFT and RTGS transaction charges after the process of upgrading the bank’s core banking software led to technical glitches in the NEFT, RTGS and outward clearing-related transactions.

“Approximately 8300 accounts were also impacted on August 19, 2017 on account of erroneous debit of service charges that were not due from the customers,” the bank said in a statement on its website dated August 22. “These charges have since been reversed and impacted customers have been duly informed via SMS on August 20, 2017.”

NEW DELHI: Automakers are in an overdrive mode to woo government employees, trying to boost sales in a segment where the potential customer just got more money on hand with a pay-out of salary arrears.

Government employees including armed forces personnel have always been a key customer segment for automakers. But they have become far more important at a time when the companies fear the recent move to increase the cess on large cars to destroy a pickup seen in demand. The salary hike under the Seventh Pay Commission recommendations and the payment of arrears would, industry executives hope, cushion the impact.

Coal India's expenses are likely to shoot up by Rs. 5,500-6,000 crore every year, as the company has conceded to a 20 per cent wage hike apart from other benefits. This in turn, is likely to pull down the company's projected profitability by a minimum of nine per cent.

Projecting a boost in coal demand, sector analysts had projected a Rs 11,000-13,000 net profit for Coal India for the entire year, however, post the wage revision, the same has been downgraded to range between Rs. 9,000-10,000 crore.

Facebook-owned instant messaging platform WhatsApp has shared details of how businesses will be able to communicate with the two billion-odd users on its platform - marking the first real attempt of the company to monetise its service.

Hidden in the company's FAQ section on its website, WhatsApp says business profiles verified by it will carry a green badge, similar to how parent Facebook verifies businesses with a blue tick. However, the statement did not share any details on whether the company was charging businesses for the service or not.

Turning cautious about the two real estate companies facing insolvency proceedings, the State Bank of India, country’s largest lender, has begun review of loans to buy home in unfinished projects by Jaypee Infratech and Amrapali.

SBI also indicated that as a prudent step, it would prefer to extend loans to buy residences in finished projects.

Infosys on Monday said some of its founders would participate in the company’s share buyback, a disclosure that comes after Nandan Nilekani became chairman of the firm to stem the crisis that emerged after Vishal Sikka’s exit as chief executive officer (CEO).

Sikka was the first non-promoter CEO in the company. The founders, who, along with their family members, are categorised as the promoter group, hold 12.74 per cent or a little more than 292 million equity shares in the information technology (IT) services major.

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.