BSE Ltd, the first listing of the new year 2017, opened for trading at Rs 1,085, a stellar 34.6% premium to its offer price of Rs 806 per share. The shares of India’s first stock exchange to be listed soon soared further, and were trading at up 1,111.3, after hitting a high of Rs 1,200.

The first mega IPO of the year had got an overwhelming response with an oversubscription of over 50 times the issue size.

YES Bank will be upgrading its systems "to provide you superior banking experience," the bank told its customers in an e-mail notification.

According to the email, the system upgradation is likely to take four days and the bank notified its customers that during the time of its systems upgrade, its Internet banking services will be unavailable.

Supreme Court-appointed administrators of the Board of Control for Cricket in India (BCCI) on Monday closed offices of President Anurag Thakur and Secretary Ajay Shirke and sacked employees appointed by them. Appointments and tenure of other BCCI officials will now be overseen by BCCI CEO Rahul Johri.

Last week, the Supreme Court had appointed former Comptroller and Auditor General of India (CAG) Vinod Rai to head the Board of Control for Cricket in India (BCCI), along with noted historian Ramachandra Guha, managing director of IDFC Limited Vikram Limaye and former captain of the women's cricket team Diana Edulji as other administrators.

V K Sasikala, aide and head of late J Jayalalithaa’s domestic arrangements for about three decades, will be the next chief minister of Tamil Nadu.

She’d smoothly taken over as head of the ruling AIADMK after Jayalalithaa’s death in December, without any dissent. The entire senior leadership said they saw her as the late supremo’s successor – she was formally elected party head on December 30.

A Delhi-bound Air India flight from Bhopal, carrying 122 passengers and crew on board, was diverted to Jaipur on Monday after the aircraft suffered a bird hit.

All the passengers deplaned safely after the aircraft landed at Jaipur, an Air India spokesperson said.

A University of Oxford study has revealed that by the year 2033, as many as 47% of modern day job roles could be claimed by automation.

Take for instance the hospitality industry, it will experience or be exposed to technological advances in four areas in 2017.

Wipro Chief Azim Premji today said the implementation of smart city project in India unfortunately has been shallow, despite catching a lot of attention from Prime Minister Narendra Modi. “It is very unfortunate that the smart city project has caught a lot of attention from Prime Minister etc, but its implementation has been shallow,” Premiji said in an interaction with the students at the celebrations of Wipro’s 2016 earthian awards here.

The smart city mission is one of the flagship programmes of NDA government, which was announced on June 25, 2015.

The National Eligibility-cum- Entrance Test (NEET-UG) 2017 for admission to medical colleges across the country will be considered as the first out of three available attempts for all the candidates, the Central Board of Secondary Education (CBSE) clarified on Sunday.

"It has been clarified by the Medical Council of India that the attempts made by candidates for AIPMT/NEET prior to 2017 should not be counted and accordingly appearance in NEET-2017 will be counted as the first attempt for all the candidates, irrespective of their previous attempts in AIPMT/NEET," CBSE stated in a statement.

NEW DELHI: Ruling out rollback of the proposal to restrict tax incentive for second home to Rs 2 lakh per annum, revenue secretary Hasmukh Adhia on Saturday said there is no point in subsidising purchase of second property by those who have surplus funds.

Moreover, he added that the tax incentive for second home loan borrower is being "virtually misused."

Mumbai: The post-Budget climb went on for the third day as the Sensex managed to close at 28,241 with a minuscule gain after a monthly survey suggested that Reserve Bank has much headroom to stay accommodative in its policy meet next week.

Aided by banking and healthcare stocks, the 30-share Sensex moved sideways for much of the session before settling at 28,240.52, up 13.91 points, or 0.05%. The previous two sessions have seen a rally of 570.65 points after the Union Budget was greeted positively by investors. The 50-share NSE Nifty settled at 8,740.95, up 6.70 points, or 0.08%.

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