Criticizing the role of media on the report of Vijay Mallya's loan waiver, State Bank of India's Chair-Managing director, Arundhati Bhattacharya on Friday denied any intent of the loan being waivered for the embattled liquor baron.

"This allegation is a mischievous allegation done by the certain parts of the media to unnecessarily give us a bad name and to smudge our reputation. It is a technically accounting entry that is done in order to clean the balance sheet," Bhattacharya told ANI here.

A top American lawmaker has said the economic reforms unleashed by India would not only boost its growth but also accelerate the Indo-US relationship. “Reforms put in place has helped us realised this impressive growth. I see an opportunity here to accelerate this (India-US) relationship,” Congressman Ed Royce, Chairman of the powerful House Foreign Relations, told a global meeting of Hindu businesses and entrepreneurs here.

Bajaj Auto rolled out the first batch of their much awaited super premium 400 cc bike from the Chakan plant on Friday. The first batch of these powerful bikes were rolled out by an all-women engineer assembly line. The motorcycle is slated for a mid-December 2016 launch.

What makes the roll-out even more special is the fact that the assembly line, which has produced these powerful bikes is fully managed by women engineers. “This is a milestone event for Bajaj Auto as a manufacturer embracing the best technology as well an organisation committed to gender diversity,” the company said.

Microsoft will tie executive bonuses to workforce diversity goals after the company saw a second consecutive year of declines in the percentage of women employees, owing to its exit from the phone handset market. The percentage of women working at Microsoft fell to 25.8 per cent from 26.8 per cent of the company's workforce as of September 30, largely because the Nokia handset factories that Microsoft divested employed a larger number of women, said Gwen Houston, the company's chief diversity and inclusion officer.

You know you’ve been wanting to play around with that new version of Microsoft Paint — if only to see if it is, indeed, that big of an update to the long-maligned drawing application that’s been shipping with Windows since the mid-1980s.

Paint 3D is unquestionably one of the biggest refreshes in the application’s history. In fact, it’s really a complete rethink, one that serves as a major cornerstone for Microsoft’s upcoming Windows 10 Creators Update, aimed at making 3D content creation an essential part of the operating system.

New Delhi: Despite expanding distribution channels from just Reliance-owned retail stores to others, Reliance Jio Infocomm Ltd is struggling with slow subscriber growth and the subscriber run rate has fallen to less than 50% after the first 15 days of the launch. In fact, the company’s sale of SIM cards has been hit adversely after the government’s demonetisation move as there has been a 40-50% dip in the footfall in comparison to last month, Motilal Oswal noted in a 16 November report.

Bengaluru: Infosys Ltd has invested 14.92 millon Danish krone (Rs14.5 crore) from its “innovation fund” in UNSILO, a Danish artificial intelligence start-up focused on advanced text analysis.

The deal comes at a time when companies around the globe, including Infosys clients, are trying to find better ways to make sense of a large amount of unstructured text.

Air India is all set to take delivery of its first more fuel-efficient A320 neo aircraft in January next year.

As it works on ways to turn around its fortunes, the airline is looking to ramp up the fleet with more fuel-efficient A320 neo (new engine option) planes.

Mumbai: Indian shares ended lower on Friday, after fluctuating earlier in the session, as overall sentiment remained dented after US Federal Reserve chair Janet Yellen signalled an interest rate hike was imminent, while investors back home were worried about the government’s move to remove high-value notes. The gauge had plunged by 1,290.06 points in the previous four sessions.

The Narendra Modi-led central government has on several occasions chest-thumped about having changed the fortunes of Air India and Air India Express. Only recently it announced that Air India had made a profit after long. However, it turns out, some part of this profit would have been made by charging senior citizens booking tickets online as much as three times the normal adult airfare across sectors in India.

Thousands of people above the age of 60 years – pensioners, retired people, armed forces personnel and others – use Air India every month. The government-run airline seems to have charged these people at much higher rates than usual, even as they are entitled to concessionary airfare.

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