At least 27 people were killed and over 30 others injured in a rush-hour stampede on a foot overbridge (FOB) linking Elphinstone Road and Parel suburban railway stations in Mumbai on Friday morning.

The incident took place at around 10:30 am due to a heavy crowd at the foot-over bridge after rains.

The injured have been rushed to KEM hospital.

Markets regulator Sebi plans to put in a framework for continuous listing norms for listed entities, according to a regulatory source. The move comes when multiple agencies and regulators are clamping down on suspected shell companies as part of larger efforts to curb undisclosed money.

The Securities and Exchange Board of India (Sebi) has strict norms for listed entities and these are updated on a continuous basis.

Bank of Baroda said on Thursday it had cut the base rate by 0.35 per cent to 9.15 per cent with effect from Sunday.

State Bank of India has also revised interest rates on some retail domestic term deposits below Rs 1 crore. Revised interest rate on one-year retail domestic term deposit is 6.50 per cent for public and 7 per cent for senior citizens.

Ashok Leyland Limited (ALL) hit a new high of Rs 121, up 3% on BSE, surpassing its previous high of Rs 120 touched in last of week, after the rating agency ICRA assigns credit rating for commercial paper issue with stable outlook.

“The ratings draw strength from ALL’s strong business risk profile marked by its sustained gain in market share in domestic Medium and Heavy Commercial Vehicle (M&HCV) segment in recent years and improvement in operational efficiencies following cost rationalization initiatives undertaken,” ICRA said in statement.

Infosys filed a complaint with the cyber crime police of Bengaluru against a person who allegedly sent defamatory mail to the firm's chief financial officer, M D Ranganath, and its head of investor relations-- Sandeep Mahindroo.

The company said in the complaint that a person identified as Alpesh Patel sent objectionable mails to the senior executives of the firm.

Shares of three companies – Bharat Heavy Electricals Limited (BHEL), Bharat Electronics (BEL) and Bharat Forge – will turn ex-bonus at their respective ratios on Thursday, September 28, 2017.

BEL has fixed Friday, the 29th September, 2017, while BHEL and Bharat Forge have fixed September 30, 2017 as the record date to determine the eligible shareholders to receive bonus shares.

BENGALURU: The Reserve Bank of India will hold policy steady at its October 4 meeting, and well past next year, amid weak economic growth and signs inflation may soon overshoot its target, a Reuters poll found.

Asia's third-largest economy started losing momentum after the government scrapped 86 per cent of currency in circulation late last year, hurting demand in India's cash-reliant economy, and the slowdown was compounded by the implementation of a new tax system.

Unlike Uber and China’s Didi, Lyft isn’t developing its own self-driving cars. But the U.S. company sure is signing up major names to help it bridge the gap.

This week it announced Ford as its latest autonomous car partner. Ford joins big names Jaguar, GM and Alphabet’s Waymo as well startups Nutonomy and Drive.ai as Lyft allies.

New Delhi: The National Highways Authority of India (NHAI) plans to tweak its newly introduced project for monetizing public-funded national highways, also known as Toll-operate-Transfer (ToT) roads, to give Indian bidders a level playing field.

At present in the ToT model, a raft of toll roads would be auctioned for 30 years; potential buyers would have to make an upfront payment of around $1 billion, making it a challenge for Indian firms to bid.

New Delhi: Bharti Airtel Ltd will invest up to Rs20,000 crore this year in digital infrastructure, the company’s chairman Sunil Bharti Mittal said on Wednesday.

Speaking at the India Mobile Congress, Mittal—who shared the dais with arch industry rival Mukesh Ambani (Reliance Industries chairman)—advocated a collaborative approach to overcome challenges and unleash the growth potential of the sector.

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