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L&T, HCC and Hyundai Engineering among dozen bidders

L&T, HCC and Hyundai Engineering among dozen bidders

Larsen& Toubro, HCC and Hyundai Engineering are among the dozen firms that have bid for Mumbai’s much-awaited four-lane coastal road project. The road, to be built across nearly 10 km, will run from Princess Street in Marine Lines to the point in Worli where the Bandra Worli sea link ends. The companies have organised themselves into eight consortia.

Infosys launches Artificial Intelligence platform Nia for businesses

Infosys launches Artificial Intelligence platform Nia for businesses

SAN FRANCISCO: Building on the success of its first-generation AI platform, Infosys Mana and its Robotic Process Automation (RPA) solution, AssistEdge, Infosys on Thursday launched 'Infosys Nia', the next-generation Artificial Intelligence (AI) Platform for businesses.

Infosys Nia converges the big data/analytics, machine learning, knowledge management and cognitive automation capabilities of Mana; end-to-end RPA capabilities of AssistEdge; advanced, high-performance and scalable machine learning capabilities of Skytree; and optical character recognition (OCR), natural language processing (NLP) capabilities and infrastructure management services.

Actor-politician Vinod Khanna passes away

Actor-politician Vinod Khanna passes away

Veteran actor and politician Vinod Khanna who was hospitalised due to 'severe dehydration', passed away on Thursday.

A Bharatiya Janata Party MP from Gurdaspur district of Punjab, Khanna, was hospitalised in HN Reliance Foundation and Research Centre in Girgaum, on March 31 this year.

Air India passengers kept waiting for 3 hours as flight faces icing issues

Air India passengers kept waiting for 3 hours as flight faces icing issues

A Hong Kong-bound Air India flight from Mumbai via Delhi with 256 passengers on board was on Wednesday delayed by nearly three hours due to icing on the exterior parts of the aircraft.

The Boeing 787 Dreamliner plane had flown in from sub-zero temperature and was scheduled for departure from the Chhatrapati Shivaji International Airport here at 7.45 pm.

Tata Motors aims to export about 8,000 BS-III commercial vehicles

Tata Motors aims to export about 8,000 BS-III commercial vehicles

Tata Motors, the most impacted company by last month's Supreme Court ban on registration of vehicles meeting BS-III emission standards, said it might be exporting at least half of its 15,000 impacted light, medium and heavy commercial vehicles (CVs).

For the rest, it is hoping the industry will get a window of opportunity from the court.

Sebi allows options trading in commodities

Sebi allows options trading in commodities

Capital market regulator the Securities and Exchange Board of India (Sebi) on Wednesday announced the much-awaited commodity market reform of permitting exchanges to launch options contracts.

The move would deepen the domestic commodity market and provide farmers and other participants a new hedging tool, in a more cost-effective manner. Sebi also announced a single-licence regime, allowing stockbrokers to deal in commodities and vice versa. It said within a year, it would allow a single licence for exchanges as well.

ITC hits lifetime high on heavy volumes

ITC hits lifetime high on heavy volumes

ITC hit its lifetime high of Rs 292.85, up 4% on BSE, surpasses its previous high of Rs 291.95 touched on February 7, 2017, on back of heavy volumes.

At 3:15 pm; the stock was up 3.5% at Rs 291 as compared to 0.71% rise in the S&P BSE Sensex. The trading volumes on the counter jump more than three-fold with a combined 14.2 million shares changed hands on the BSE and NSE so far.

Arun Jaitley rules out central govt taxing agricultural income

Arun Jaitley rules out central govt taxing agricultural income

New Delhi: Finance minister Arun Jaitley on Wednesday ruled out any plan by the central government to tax agricultural income in response to suggestions to that effect in a vision document that federal policy think tank Niti Ayog circulated among chief ministers on Sunday.

A statement from finance ministry said quoting the minister that as per Constitutional allocation of powers, the central government has no jurisdiction to impose tax on farm income.

Sasikala banners removed from AIADMK office

Sasikala banners removed from AIADMK office

Banners featuring AIADMK General Secretary VK Sasikala were removed from the party headquarters here, a day after the rival Panneerselvam camp made such a demand to “uphold the sanctity” of the party office. The Panneerselvam camp welcomed the move, saying it was a “positive step.”

The banners were removed this morning.

Apple to offer free coding, art classes globally in May

Apple to offer free coding, art classes globally in May

Aiming to educate communities globally, Apple will launch numerous teaching sessions in May in all its 495 stores, ranging in topics from photo and video to music, coding, art and design and more. Titled “Today at Apple”, the free teaching sessions will be led by highly-trained team members, world-class artists, photographers, and musicians. The teaching sessions will cater both professional and basic level participants, Apple said in a blog post on Tuesday. “‘Today at Apple’ is one of the ways we’re evolving our experience to better serve local customers and entrepreneurs.

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