Tata Motors has announced the launch of its lifestyle SUV - Tata Hexa - in the Nepal market and has delivered the first batch of the vehicle to 11 customers.

Available at a price of NPR 77.95 lakh, the Hexa will be available in the XT 4x4 variant across Nepal, Tata Motors said in a statement.

Shillong: HDFC Bank has increased its corporate social responsibility (CSR) spending by 47% in the past two years. The bank's spending on CSR has gone up from Rs 248 crore in FY16 to Rs 305 crore in FY17 and is expected to touch Rs 365 crore this fiscal.

HDFC Bank aims to improve the lives of people in 1,000 villages by March 2019 through its CSR activities, said deputy MD Paresh Sukthankar, while speaking to reporters at the bank's Holistic Rural Development Programme (HRDP) at Umpathaw, a hamlet 60km from Shillong.

Mumbai: Reliance Industries Ltd (RIL) has completed the sale of its interest in one of the three shale gas assets to BKV Chelsea LLC.

Reliance Marcellus II LLC, a subsidiary of Reliance Holding USA, and RIL have closed the stake sale in the Marcellus shale gas asset operated by Carrizo Oil and Gas, RIL said in a statement on Friday.

Mumbai: The State Bank of India (SBI) is set to launch YONO, a digital service platform.

According to the bank, YONO, an acronym for You Only Need One, will be the first such integrated digital platform in the country that will offer financial services and lifestyle products. It will be launched by Union finance minister Arun Jaitley in New Delhi on Friday.

New Delhi: India could have a vaccine for the dreaded dengue as early as end 2019, according to drug maker Panacea Biotec, which has secured permission to conduct clinical trials for the vaccine in India.

Biotec will start clinical trials on humans by early 2018, a spokesperson said, adding that it has received permission to conduct phase I/II trials from the Drug Controller General of India (DCGI).

Mumbai: Reliance Marcellus II LLC, a subsidiary of Reliance Holding USA Inc. and Reliance Industries Ltd (RIL), has closed the sale of its interest in upstream Marcellus shale assets in north-eastern and central Pennsylvania for $126 million, the company said in a press statement on Friday.

The assets are currently operated by Carrizo Oil and Gas Inc. and are being sold to BKV Chelsea LLC, an affiliate of Kalnin Ventures LLC.

Amid reports that the government plans to offer 60% stake in government-owned companies’ existing oil and gas fields to private players, state-run ONGC on Friday wrote a letter to the Prime Minister opposing any such move. Upstream regulator Directorate General of Hydrocarbons has reportedly identified 15 hydrocarbon blocks — 11 of ONGC and 4 of Oil India — which it deems are not producing adequate oil and gas. These fields were given to the two national oil explorers during the nomination era. FE has earlier reported that ONGC will defend the government’s move to privatise the fields.

The government today gave another three months extension to current Air India CMD Rajiv Bansal.

Bansal, who is also an additional Secretary in the petroleum ministry, has an additional charge as the head of the national carrier.

Mahindra Electric on Friday announced a tie-up with taxi aggregator Uber to run its electric vehicles - mainly sedan eVerito and electric hatchback e2o Plus. The company had earlier inked a similar agreement with Uber's rival Ola Cabs.

According to the officials, to begin with, the companies will deploy hundreds of electric vehicles in Delhi and Hyderabad. Automaker's e2oPlus hatch and the eVerito sedan will be used on the taxi-hailing platform.

The Reserve Bank of India and the Election Commission have no information on electoral bonds, which were announced about nine months back for the funding of political parties, according to an RTI reply. "We have no information to furnish," the central bank said in its reply to the RTI query. The RBI was asked details of the draft electoral bond scheme.

Finance Minister Arun Jaitley had on February 1 announced introduction of electoral bonds. "As an additional step, an amendment is being proposed to the Reserve Bank of India Act to enable the issuance of electoral bonds in accordance with a scheme that the Government of India would frame in this regard," Jaitley had said. Under this scheme, a donor could purchase bonds from authorised banks against cheque and digital payments only.

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.