Mumbai: The largest private sector lender ICICI Bank has sold a benchmark bond issue at a coupon of 3.833% to overseas investors.

The $500-million ten-year dollar money was issued through the Dubai branch of ICICI Bank, an official at Citigroup India, which was the sole advisor to the deal, told PTI today.

BENGALURU: Acme Cleantech Solutions, a solar power developer, has petitioned the Madras High Court against a move by customs officials at Chennai port to charge import duty on panels and modules, which were previously exempt from the levy.

In its petition filed on November 24, Acme said it had been importing solar panels and modules for the past seven years without ever having been asked to pay duty.

2017 has been a wonderful year so far for Maruti Suzuki India, as it has witness an uptick trend in sales despite the rollout of the Goods and Services Tax (GST) and the government's demonetization drive.

Maruti Suzuki India has gained a lot from the economic reforms in the country which led it to register 71 per cent growth in 2017.

Maruti Suzuki India hit a new high of Rs 9,120 on the BSE in intra-day delas on Friday, surpassing the state-owned banking giant State Bank of India (SBI) in market capitalisation (market-cap) ranking.

On Thursday, Maruti Suzuki India had surpassed the India's largest mortgage lender and non-banking finance company Housing Development Finance Corporation (HDFC).

As businesses widely use WhatsApp to communicate with their customers, particularly in Asia, the Facebook-owned service appears all set to launch a brand new app for them.

In a new FAQ published on its site, WhatsApp has revealed more details about the upcoming Business accounts like how to identify verified Business accounts from non-verified ones.

The National Highways Authority of India (NHAI) may offer higher interest rate to physically challenged in its next bond issue, according to the Times of India.

Senior citizens, ex-servicemen, women and widowers could also be among the class of retail investors who will get the benefit.

ITC Infotech, a subsidiary of ITC Ltd, is looking for buyouts in the automation space to become a futuristic software firm.

The company has set a budget ranging from $25 million to $50 million for this purpose, Sushma Rajagopalan, MD and CEO of ITC Infotech, said.

The ED on Friday said it had attached a three-acre plot worth Rs 45 crore in the Bihar capital in connection with its money-laundering probe in the IRCTC hotel allotment scam case involving RJD chief Lalu Prasad and his family.

Agency sources said the land is allegedly in the name of the family members of Lalu Prasad and a mall was supposed to be constructed there. The market value of the plot is Rs 45 crore, they said.

New Delhi: Tata Motors on Friday reported 22 per cent increase in its total global sales at 1,12,473 units for November.

Global wholesales of all Tata Motors' commercial vehicles and Tata Daewoo range in November 2017 were at 40,845 units, an increase of 51 per cent over the same month last year, the company said in a statement.

NEW DELHI: The markets on Friday took off from the launchpad of yesterday's positive sentiment as Sensex gained almost 200 points in initial trade.

30-share BSE Sensex gained 84.99 points to start trading on 33,034.20 and 50-share NSE Nifty opened on 10,198.45, up by 31.75 points. In early trading, both indices were gaining more than half a per cent.

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