Shares of Tata Motors dipped more than 1% just after Tata Motors-owned Jaguar Land Rover (JLR) today reported 4.3% increase in retail sales at 38,519 units in August 2017. The stock of the Tata group’s automaker Tata Motors fell as much as 1.27% to the day’s low of Rs 374.1 on BSE today. Over 50 lakh shares of Tata Motors have been traded so far on both BSE and NSE.

Total retail sales for Jaguar Land Rover were at 38,519 units in August which is 4.3% up as compared to August 2016. The said sales during the month grew on the back of the launch of new Range Rover Velar and the long wheelbase Jaguar XFL in China as well as continuing strong sales of Discovery Sport and F-PACE.

MUMBAI: State Bank of India, battling the lack of any major project lending plans, is planning to capitalise on the reviving demand for home loans and may use the festival season to drive its mortgage business which is already accelerating.

In what is likely the biggest push to increase market share in home loans since its teaser rates a decade ago, the biggest lender of the country has waived off processing fees for all home loans and will deploy 7,500 specialised ‘feet on street’ to market its home loans over and above the thousands who already do so at its branches.

Fate of over 300 job aspirants hangs in balance as IT major Wipro is yet to give any joining letters to them despite giving them campus placement 20 months ago.

Students from various professional colleges were given offer letters following a campus placement in November 2015, however the company has yet not provided them any assurance on the date of joining.

Nissan India has announced a host of offers on Nissan and Datsun models for customers with effect from September 5.

Customers can enjoy benefits up to Rs 71,000 on Nissan models, which include free insurance, an exchange bonus of Rs 20,000 and a corporate offer of Rs 6,000, a statement from Nissan said.

Shares of Larsen & Toubro rallied nearly 5% in an otherwise flat market following news reports that the company is hopeful of bagging some six defence contracts amounting to Rs 40,000 crore.

The stock gained as much as 4.83% to Rs 1,181 in intraday trade on the BSE. The stock was the top gainer on Semsex and Nifty.

Expanding its premium speakers’ line-up, Sony India on Thursday launched the ‘MHC-V90DW’ audio system in India for Rs 65,990. ‘MHC-V90DW’ stands 170cm tall with wheels and handle bar to move it around and an open back-type cabinet, delivering an output power of 2,000 watts. The speaker comes with a gesture control feature to allow users control volume and soundtracks by waving the hand, the company said in a statement. It is also equipped with motion control enabling users to perform operations by shaking their smartphones.

A five-judge Constitution Bench of the Supreme Court on Wednesday directed social media service providers WhatsApp and Facebook to file an affidavit in four weeks stating what data they were gathering about millions of users and whether they were sharing it with any third-party entity.

The Bench, presided by Chief Justice Dipak Misra, issued the directive in view of the recent nine-judge bench judgment that upheld the right to privacy as a fundamental one.

Mumbai, Sept. 7 (Agencies): A court on Thursday jailed for life extradited gangster Abu Salem, convicted of involvement in the series of blasts in India’s financial capital in 1993 that killed 257 people.

Convicts Tahir Merchant and Firoz Abdul Rashid Khan were given the death sentence, while Karimullah Khan got life in jail and Riyaz Siddiqui ten years.

Mumbai: Make in India? Check. Zero emissions? Check. New technologies? Check. Despite being on the same page as the government on all three criteria, Ashok Leyland Ltd’s all-electric bus Circuit is still to find takers among state transport bodies.

When it showcased Circuit 10 months ago, Ashok Leyland said it was “designed and engineered entirely in India, by Indians, for the nation”. The ground reality seems to be different, though, as cash-strapped state transport undertakings (STU) baulk at adding costly green vehicles to their fleets.

The BSE Sensex closed flat at 31,662.74 after a volatile trade as jittery investors booked profits at every rise amid deepening worries over North Korea.

The broader NSE Nifty ended up by 13.70 points, or 0.14%, at 9,929.90, after moving between 9,964.85 and 9,917.20.

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