Reliance Communications launched festive offers for both its new and existing pre-paid customers, a company statement said here on Thursday.

Existing customers of the company in Delhi and National Capital Region (NCR) can recharge with the ‘NonStop Plan’ and avail 1,000 local and STD minutes, along with unlimited calls to any Reliance number anywhere in India, the statement said.

Looking at advancing the date of Budget presentation to February 2 or even earlier, the Finance Ministry on Thursday briefed a Parliamentary panel on the proposed change as also the government's decision to merge railway budget with general budget.

Explaining the objective behind the proposed budget reforms, sources said, Finance Secretary Ashok Lavasa informed the members of the Parliamentary Standing Committee on Finance of different aspects of the reform process.

NEW DELHI: Homegrown auto major Mahindra & Mahindra (M&M) today launched the electric version of commercial vehicle Supro priced at 8.45 lakh (van) and Rs 8.75 lakh (passenger) in Delhi.

The prices take into account state subsidies and the incentives under the FAME (Faster Adoption and Manufacturing of Electric Vehicles) India scheme.

NEW DELHI: In view of weak demand for power in the country, the dispatch of coal by CIL to power sector declined by 12.7 per cent to 26.4 million tonnes (MT) in August this year.

State-owned Coal India (CIL), which accounts for over 80 per cent of domestic coal production, dispatched 30.25 MT of coal in the same month last fiscal, according to government data.

Apple's latest and much-awaited iphone 7 and iphone 7 plus will go on sale in India on October 7 and many e-commerce platforms have already opened pre-orders fo the new smartphone, with exciting offers.

Flipkart recently entered into a partnership with Apple, through which it can now directly source the phones from Apple instead of getting them through third party retailers. Tata CLiQ, Tata Group's e-commerce platform also joined hands with Apple to offer the phone on its website. Amazon will, however, continue selling the Apple phones through third party retailers.

The benchmark Sensex rebounded almost 104 points today after investors lapped up select blue-chips, tracking a firm trend in rest of Asia.

The 30-share index was trading higher by 103.56 points, or 0.36%, at 28,324.54, with sectoral indices led by oil and gas, capital goods, consumer durables and healthcare leading the charge.

Shares of YES Bank fell nearly 4% on Thursday after a media report suggesting that market regulator Sebi had found the bank violated rules, elicited a response from the bank.

A report in Mint newspaper, said that the Securities and Exchange Board of India (Sebi) had found reason enough to file adjudication proceedings against the bank and its investment bankers over the recent failed $1-billion QIP issue.

Six days after Microsoft received reports of a cumulative update that failed to install on some computers, the company has now released a "fix-it" tool.

"The update which tries to install and then rolls back repeatedly, affects PCs that previously ran a build delivered through the Windows Insider Programme," technology website, zdnet.com, reported on Ocotber 6.

Two years after government-owned Air India (AI) walked out of the Federation of Indian Airlines (FIA), citing differences in opinion, it has approached the lobby group to return, said three sources.

They say chairman Ashwini Lohani feels it will give more muscle to AI's demands when it approaches the government as part of a group. FIA is now a lobby group of the country’s private airlines, which presses for change in public policy and regulations.

Accenture Plc reported revenues of $8.5 billion in its fourth quarter, ahead of consensus estimates that revenues will grow to $8.4 billion. The company had started the year with guidance of 5-8% revenues growth in constant currency terms, but ended up with a much higher growth of 10.5%.

But this is hardly any reason for investors in Indian IT companies to get excited. On the contrary, Accenture’s higher growth may well suggest that it is gaining at the expense of Indian IT firms.

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