Finance Minister Arun Jaitley on Tuesday said that the Goods and Services Tax will be launched from mid-night of June 30-July 1.

​GST launch function will be held at the historic Central Hall of Parliament. "MPs, CMs and state Finance Ministers being invited for the function," said Jaitley.

NASA revealed today 10 new rocky, Earth-sized planets that could potentially have liquid water and support life.

The Kepler mission team released a survey of 219 potential exoplanets -- planets outside of our solar system -- that had been detected by the space observatory launched in 2009 to scan the Milky Way galaxy.

ICICI Bank was trading higher by 1% at Rs 295, recovering nearly 2% from its early morning low of Rs 289 on the BSE. The stock of private sector lender adjusted for 1:10 bonus shares and for dividend of Rs 2.5 per share.

The board of directors of the bank on May 3, announced issue of bonus shares (including ADS holders) in the ratio of 1:10 i.e. one equity share of Rs 2 each for every 10 fully paid-up equity shares held on the record date. The board also recommended a dividend of Rs 2.5 per share for FY2017 pre-bonus issue.

Shah Rukh Khan and GMR have acquired teams in the T20 Global League recently launched by Cricket South Africa (CSA). They are also promoters of franchises in the Indian Premier League (IPL) since its inception 10 years back. While SRK will own the franchise from Cape Town, Johannesburg will be the hometown for the GMR-promoted team. SRK co-owns the Kolkata Knight Riders (KKR) franchise and GMR owns the Delhi Daredevils franchise in the IPL.

A total of eight teams have been announced with promoters from India, Pakistan and Dubai among other nations. The tournament will be played in November this year with the final to be held on December 16.

Diversified conglomerate ITC will be rolling out new product categories every quarter in perishable foods like fruits and vegetables, going forth. “There is a lot of work in process right now. Essentially, there are two vectors along which rollouts are going to happen.

First, new categories that require climate-controlled ecosystem will be launched, like fruits and vegetables. That will happen every quarter. Second, within existing categories, there would be value addition,” S Sivakumar, group head, agri and IT businesses, said.

Shashi Shanker will be the next Chairman and Managing Director of India's biggest oil and gas producer, ONGC.

Government headhunter Public Enterprise Selection Board (PESB) selected Shanker to head Oil and Natural Gas Corp (ONGC) from October 1.

Apollo Hospitals has tied up with biotechnology firm Regenerative Medical Services (RMS) to launch cell therapy for bone and cartilage defects. The companies, however, did not share the financial details of the partnership. The two cell therapy products – Ossron and Chondron – will address the unmet clinical needs in the bone and cartilage treatments respectively, the companies said. As part of the pact, the treatment will be made available across all Apollo Hospitals within next six months.

The Sensex recorded a significant recovery of 255 points to close at a new peak of 31,312 today and the Nifty reconquered the key 9,600, riding piggyback on GST headway and expectations of reforms by regulator Sebi. There was more of buying as investors saw NPA resolution gaining traction after the Reserve Bank asked lenders to initiate bankruptcy proceedings against large defaulters.

State Bank of India (SBI) has grown its market share in debit card spends over the last six months even as its nearest rivals have lost ground. The country’s biggest lender reported debit card transactions worth Rs 11,720.73 crore in April, notching up a share of over 31%, data from the Reserve Bank of India shows. In October, the share was a shade under 30%.

In contrast, large private sector lenders, HDFC Bank and ICICI Bank, saw their shares drop over the six-month period following the note ban in October.

The new-generation 2017 Hyundai Verna has been snapped testing camouflaged many times on Indian roads, revealing the exterior design as well as interior. The 2017 Hyundai Verna is speculated to be launched by the end of August, 2017 that will rival the likes of the Honda City, Maruti Suzuki Ciaz, etc. The new 2017 Hyundai Verna is expected to be priced slightly higher the current model

The upcoming sedan will be based on Hyundai's Fluidic Sculpture 2.0 architecture and is likely to share its design and styling with the Tuscon and the Elantra.

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