NEW DELHI: State-run power equipment maker BHEL today said it has commissioned two units of 270 mega watt (MW) thermal power project in Maharashtra.

"Bharat Heavy Electricals Ltd (BHEL) has successfully commissioned two units of 270 MW at RattanIndia Nasik Power Ltd's 5x270 MW thermal power project, located at Sinnar in Nasik District of Maharashtra," the company said in a BSE filing.

NEW DELHI: Reliance Industries, second most valuable company in India, has introduced a 12-week paid leave for 'commissioning' mothers who use surrogates to bear a child, as it adopted provisions of the new maternity law.

"With effect from April 1, 2017 there will be extension of maternity leave to 26 weeks (182 calendar days), from 180 days, for regular employees," RIL HR department said in a notice to company employees.

Geo-political issues continued to dominate the scene as the Sensex slipped over 88 points in early part on Monday, mirroring global losses.

The weakness remained for the third session as the 30-share index fell 88.32 points, or 0.30%, to 29,373.13. Much of the softness came from metal, IT, FMCG, technology and auto.

Auto maker Ford India today launched sports edition of its hatchback Figo and compact sedan Aspire in the country.

Diesel variant of Figo Sports edition is priced at Rs 7.21 lakh while the petrol trim is tagged at Rs 6.31 lakh (all prices ex-showroom Delhi). The new variants come with over dozen design and performance enhancements.

While heading the Sahara and Securities Exchange Board of India's (Sebi) case on Monday, the Supreme Court ordered the conglomerate's chief to make an appearance before it. It also ordered the sale of Sahara's Aamby Valley in Lonavala.

The case pertains to returning the money of investors which was unlawfully raised by the Sahara Group. In a hearing on March 21, the SC had warned Sahara that it would auction its Lonavala Aamby Valley project if the latter fails to deposit the amount of Rs 5,000.

Over 50 Indians, including gymnast Dipa Karmakar, Olympic medallist Sakshi Malik and actress Alia Bhatt, are among Forbes' list of super achievers from Asia under the age of 30 who are "pushing boundaries of innovation".

The second Forbes '30 Under 30' Asia list 2017 features 300 impressive young entrepreneurs -- 30 in 10 categories, including entertainment, finance and venture capital, retail, social entrepreneurs and enterprise technology, under the age of 30 years who are pushing the boundaries of innovation.

Shares of select central public sector enterprises (CPSEs) such as NLC India, NTPC, NHPC, Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) were down up to 4% on BSE in intra-day trade after the government invited law firms to act as legal advisers for divesting its shareholding in seven CPSEs.

Besides these five, the government intends to sell equity shares in seven firms including Steel Authority of India (SAIL) and Indian Oil Corporation (IOC), via an offer for sale (OFS).

Private lender Axis Bank has touched 1 million micro-borrowers mark and is not keen on acquiring stake in any microlender, a senior official has said.

Three years after getting into the segment, the bank touched 1 million borrowers mark recently and all of them are women who have availed of credit through the joint lending group model, Axis Bank’s retail banking head Rajiv Anand said.

State Bank of India’s one-time settlement (OTS) scheme for tractor loans has failed to get adequate response.

Only Rs 24 crore worth cases have come under it. In a portfolio of around Rs 4,000 crore of tractor loans, about Rs 800 crore worth loans were eligible for the scheme. The bank is assessing reasons for the lukewarm response, and might look at extending the March 31 deadline.

Adpay, the digital payment provider’s telecom service AEROVOYCE has formaly launched its operation with launch of international SIM and internet service. The Department of Telecom and the Telecom Regulatory Authority of India last year approved the mobile virtual network operator licensing process. In December 2016, Adpay Mobile Payment formally received the MVNO license to offer its Aerovoyce services.

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