A man escaped with a head injury when, trying to take a selfie near the tracks, he was hit by a train.

T Siva (25) was trying to take a selfie with a train in the background by standing next to the tracks near the Borabanda station between Begumpet and Lingampalli railway stations on January 21.

Indian information technology giants TCS and Infosys have joined a global drive for tech reskilling of one million workers in the first such IT industry initiative. The exercise, whose founding partners also include Accenture, CA Technologies, Cisco, Cognizant, Hewlett Packard Enterprise (HPE), Pegasystems, PwC, Salesforce, and SAP, aims to bring competitive training content on one platform to serve the greater good.

The initiative will be targeting one million people for training and resource opportunities on the World Economic Forum (WEF) SkillSET portal by January 2021.

Arundhati Bhattacharya, former chairman of State Bank of India (SBI), is the Business Standard Banker of the Year for 2016-17. She was selected by a five-member jury, headed by former economic affairs secretary C M Vasudev, for the bank’s deft handling of the demonetisation rush, battling bad debts but remaining profitable, pushing the financial inclusion agenda through a wide network of its rural and semi-urban branches and, at the same time, catering to tech-savvy customers through cutting-edge digital banking products.

Finance Minister Arun Jaitley on Wednesday addressed a press conference to layout details of the massive bank recapitalisation plan for the public sector banks (PSBs). Jaitley said that the main objective of this flows from the government's responsibility to keep public sector banks in good health.

Department of Financial Services Secretary, Rajeev Kumar also briefed the media at the conference.

Mumbai: The Indian rupee on Wednesday closed stronger against US dollar as foreign institutional investors (FIIs) continued to buy in local equity and debt market.

So far this year, FIIs have bought a combined $2 billion in equity and debt. A bulk of this, nearly $1.23 billion, has come to equity markets and the remaining $714 million to debt markets.

Maruti Suzuki India will showcase a concept electric compact SUV, e-SURVIVOR at the upcoming Auto Expo reiterating its plans to launch an electric vehicle in India in 2020.

The concept will be part of part of the company's over 18 vehicle models on display in ARENA, NEXA and Motorsports zones at its pavilion spread over spread over 4,200 sq mt, Maruti Suzuki India (MSI) said in a statement.

New Delhi: India Post Payments Bank (IPPB) will press into service postmen equipped with smartphones to go door to door and will open 3,250 customer access points across 650 districts when it launches operations in March, seeking to cater largely to under-banked rural areas.

The market capitalisation of Tata Consultancy Services surpassed Rs 6 lakh crore mark for the first time ever to become the second Indian company to achieve this milestone after RIL. In the intraday trades, TCS market capitalisation briefly breached the market cap leader RIL. Shares of TCS surged as much as 4.89% to hit the all-time high of Rs 3,254.8 after opening flat at Rs 3,100. Following a sharp spike in the share prices, India’s largest IT Company and Tata group’s cash cow TCS added as much as Rs 29,029.91 crore to Rs 6,23,052.49 crore in the market capitalisation at the day’s high price.

ICICI Bank is looking at new areas of growth opportunities in the Indian economy as new areas are coming up to be tapped post demonetisation and introduction of GST, its chief Chanda Kochhar has said. She said more SMEs are becoming part of the formal economy, creating big opportunities for growth and the government has also provided a strong impetus to increase lending to MSMEs. “Further, as the resolution process progresses and government capex picks up, the investment climate will improve leading to private corporate investments eventually looking up.

Bank of Baroda (BoB) said it is planning to sell its 0.89% stake in the National Stock Exchange (NSE). It has set a floor price of Rs 900 per share for the sale to prospective buyers through a bidding process. At this price, the bank could garner at least Rs 395 crore from the sale. Bank of Baroda (BoB) intends to sell its part or full stake in NSE up to the extent of 43,94,500 equity shares, of face value Rs 1 each by way of sale through competitive bidding process to bidders to be submitted by Sebi-approved Category I Merchant Banker on net price basis or quoted share price less fee of bidder, the lender said in an advertisement.

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