HYDERABAD: GMR Hyderabad International Airport has announced raising $350 million, or about Rs 2,276 crore, in the international bond market, reflecting the third consecutive US dollar bond offering by GMR Group.

GMR Hyderabad International Airport (GHIAL), a subsidiary of GMR Airports and step down subsidiary of GMR Infrastructure, in a statement on Friday said it plans to entirely refinance the outstanding rupee term loans and external commercial borrowings, apart from deploying them towards partial funding of proposed capital expenditure.

According to a report by the Lancet Commission on Pollution and Health, released October 19, India tops the world in pollution-related deaths, accounting for 2.5 million of the total 9 million worldwide in 2015. The biggest increases in such related deaths have been recorded in India and Bangladesh.

Filthy air is the primary cause. India accounted for 28% of the 6.5 million air-pollution-linked deaths worldwide in 2015.

India has put in place a stricter regime for trade with North Korea in line with the restrictions imposed by the United Nations.

The Directorate General of Foreign Trade (DGFT) has come out with a notification to widen the prohibition on direct or indirect import and export from/to North Korea.

The upcoming Jewar airport is likely to hit business of the GMR group that runs the Delhi's Indira Gandhi International (IGI) Airport.

Almost a month after the Yamuna Expressway Industrial Development Authority set up an eight-member committee to take up the task of acquiring land for building Jewar International Airport, the GMR group that runs Delhi airport, has said the upcoming project will be a challenge and impact its business.

Regulator Sebi has banned Grass Root Finance & Investment Company (India) Ltd and 13 others from the capital markets for raising funds without complying with the public issue norms.

A probe by Sebi found that the company had issued equity shares to 9,321 people between 1995-96 and 2006-07 and raised Rs 6.80 crore through such issuance.

Microsofts Windows security team has discovered a remote security flaw in Google Chrome that can be exploited by hackers.

"Our discovery of 'CVE-2017-5121' indicates that it is possible to find remotely exploitable vulnerabilities in modern browsers. Chrome's relative lack of remote code execution (RCE) mitigations means the path from memory corruption bug to exploit can be a short one," wrote Jordan Rabet, member of the Microsoft Offensive Security Research team, in a blog post late on Thursday.

CHENNAI: With GST resulting in a 10% decline in MRP prices for lubricants, Indian Oil Corp might see its lubricant division post $1.1 billion in revenues, almost the same that it earned in 2016-17. While demand continues to climb from auto OEMs, the PSU faced a slump from construction, cement and steel sectors. "But since August, we have been seeing demand go up as infrastructure growth is spurred on the back of the PM's affordable housing programme," says K L Murthy, ED, Lubes.

Mumbai: The BSE Sensex surrendered early gains to end over 194 points lower at 32,389.96 in a special Muhurat trading session on Thursday to mark the beginning of Hindu Samvat year 2074.

Banking stocks led the fall as participants booked profits to write their first entry with gains on the first session of Samvat 2074, brokers said. The broader NSE Nifty too dipped below the 10,200-mark in the special one-hour Muhurat session.

San Francisco: As Google’s boss, Sundar Pichai has put artificial intelligence at the center of almost everything the internet giant does these days. Now he wants other companies to catch up.

Alphabet Inc.’s Google is starting what it calls an “AI crash course” of free online tutorials, scripted by its staff, on how to write software that trains computers to translate text, sort images and understand videos. The courses are designed for software coders new to machine learning, one of the most useful types of AI.

Maruti Care, the service app by Maruti Suzuki, is in a new avatar. According to the company, the app will “take the customer convenience to the next level with its many new features.” Customers, for example, can now get easy on-click service booking for their cars and check the status of their vehicle being serviced from the comfort of their home or workplace. Customers also have the option of paying the bills digitally through an integrated payment solution which facilitates them with secured transaction from anywhere. Through this app, customers can avail GPS-enabled emergency on-road assistance using their smartphone.

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