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Coal India's production declines, sales grow in April

Coal India's production declines, sales grow in April

KOLKATA: Coal India on Tuesday said its production during April declined by 4.8 per cent to 38.44 million tonnes (mt) as compared to 40.09 mt produced in the year-ago month.

The miner reported its off-take grew by 6.1 per cent in April to 45.29 mt as against 42.45 mt sold in corresponding month in 2016.

Department of Telecom launches portal for info on mobile tower radiation

Department of Telecom launches portal for info on mobile tower radiation

The Telecom Department today launched a portal that will allow people to track radiation emitted from mobile towers within a locality and check their compliance with the stipulated norms.

Launching the 'Tarang Sanchar' web portal, Telecom Minister Manoj Sinha hoped the site will help in clearing "myths and misconceptions" about mobile towers and emissions from them.

Kim Jong-un threatens Trump: Will make USS Michigan an underwater ghost

Kim Jong-un threatens Trump: Will make USS Michigan an underwater ghost

North Korean leader Kim Jong-un has threatened to destroy USS Michigan, an American naval submarine, if it gets any closer to the Communist nation's waters.

The Ohio-class nuclear-powered submarine is currently docked at a naval base in South Korea's Busan, where it was recently joined by the USS Carl Vinson aircraft carrier group, the Daily Mail reported.

BCCI recommends Cheteshwar Pujara for Arjuna award

BCCI recommends Cheteshwar Pujara for Arjuna award

Board of Control for Cricket in India (BCCI) on Monday recommended India's top-order batsman Cheteshwar Pujara for the prestigious Arjuna award.

Besides Pujara, Indian woman's cricket team player Harmanpreet Kaur has also been nominated by the Board for the award.

Maruti Suzuki hits new high post April sales; m-cap crosses Rs 2 lakh crore

Maruti Suzuki hits new high post April sales; m-cap crosses Rs 2 lakh crore

Maruti Suzuki India (MSIL) hit a new high of Rs 6,700, up 2.7% on BSE in early morning trade after the company reported a record monthly domestic sales of 144,492 vehicles in April 2017. The company had sold 117,045 vehicles in April 2016.

All segments of vehicles except vans grew in double digits: the mini segment (Alto and WagonR) grew by 22%; the compact segment (Swift, Celerio, Ignis, Baleno, and Dzire) by 39%; and utility vehicle by 28%.

Infosys to hire 10,000 Americans over two years

Infosys to hire 10,000 Americans over two years

Infosys, India’s second largest software services firm, is planning to hire 10000 Americans over the next couple of years. The Bengaluru-headquartered company said it would open four new Technology and Innovation Hubs across the United States focusing on cutting-edge technology areas such as artificial intelligence, machine learning, user experience, emerging digital technologies, cloud, and big data.

Banks, IRCTC lock horns over payment gateway policy

Banks, IRCTC lock horns over payment gateway policy

Mumbai: Banks have locked horns with IRCTC, the ticketing arm of Indian Railways after it started demanding that they put up hefty security deposits and share half of their transaction fees with it if they want to be on its rail booking website.

Under its new policy, Indian Railway Catering and Tourism Corp. Ltd (IRCTC) wants new banks wishing to integrate with it for payment gateways to put up Rs20 lakh as a security deposit, while those already present must pay Rs10 lakh.

Facebook may announce it has 1.9 billion monthly users

Facebook may announce it has 1.9 billion monthly users

Ahead of its first quarter results of 2017 on Wednesday, media reports say Facebook may announce it has nearly 1.9 billion users who log onto the social media platform every month. The company is also expected to report a blockbuster set of results, with revenues rising 45 per cent, The Telegraph reported on Sunday. Earlier this year, when Facebook announced its earnings for the fourth quarter and full year 2016, it showed a steady growth in its revenue and user base.

PNB revises down MCLR by 0.10%-0.15% from today

PNB revises down MCLR by 0.10%-0.15% from today

Punjab National Bank has revised down marginal cost based lending rates by 0.10-0.15 per cent for various maturities effective today. The maximum of 0.15 per cent has been effected for the overnight marginal cost of funds based lending rate (MCLR) tenure to 8.05 per cent. For one, three and six months as well as one, three and five years, the new MCLR has been revised down by 0.10% each.

Hyundai sales grows 3.6% at 56,368 in April

Hyundai sales grows 3.6% at 56,368 in April

Hyundai Motor India Ltd on Monday reported 3.6 per cent growth in sales to 56,368 units in April as compared to 54,420 units sold in the same month in 2016.

Out of the total sales in April, its domestic sales stood at 44,758 units, up 5.7 per cent from 42,351 units sold in the corresponding month of the last financial year.

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