The Indian Space Research Organisation (ISRO) on Monday launched SCATSAT-1, a satellite for weather studies into the space. In the next two hours, it would launch seven other satellites into the orbit.

About 17 minutes after it lifted off from the First Launch Pad at Satish Dhawan Space Centre here at 9.10 am, PSLV C-35 ejected SCATSAT-1 satellite in the polar sun synchronous orbit at an altitude of 730 km.

Hyderabad: Four columns of the Army have been deployed in rain-affected areas of Hyderabad and neighbouring Ranga Reddy district after heavy downpour wreaked havoc in the capital and other parts of Telangana cutting off low-lying areas.

The Army troops have been moved into Begumpet, Nizampet and Hakimpet areas in the city and Alwal in Ranga Reddy district to provide necessary relief, according to a Defence release.

The All India National Life Insurance Employees Federation has urged the management of the Life Insurance Corporation of India (LIC) to immediately implement the Supreme Court order to pay 50 per cent back wages to temporary III and IV grade employees, who were asked to be regularised.

The Federation, an INTUC affilate, led by Hussain Dalwai, MP, president, General secretary Rajesh Nimbalkar and vice-president B N P Shrivastava met the management of LIC recently and submitted a memorandum of demands to regularise these employees and also pay them their arrears immediately.

Union Minister of State for Health and Family Welfare Faggan Singh Kulaste on Friday said the medical seats will be increased by 10,000 in 2017 through NEET exam.

Addressing the second healthcare summit-Rajasthan 2016 here, he said that 58 identified medical colleges across the country will be upgraded within this time frame.

Mexico's Secretary of Foreign Affairs called the proposed border wall that the US Republican presidential candidate Donald Trump claims he will build if he comes to power as "absurd".

In an interview with MSNBC on Friday, Claudia Ruiz Massieu said: "For us, it's an absurd proposal, it goes against everything we believe in and everything we want to do together, being more competitive, create more jobs and opportunities."

Benchmark indices BSE Sensex and NSE Nifty ended the week with marginal gains after US Federal Reserve left key interest rates unchanged. Markets also got a boost from reports that foreign institutional investors poured over Rs 5,500 crore into the capital markets within a fortnight this month. For the week ended September 23, the 30-share index closed 69.19 points, or 0.24 per cent, up at 28668.22, while the Nifty 50-index jumped 51.70 points, or 0.59 per cent, to 8831.55.

MUMBAI: Shares of Axis Bank fell nearly 6 per cent, the most in 11 months, on market buzz that Specified Undertaking of Unit Trust of India (SUUTI) may announce the sale of its stake in the lender at any time.

However, bankers said they are yet to start the groundwork and the Axis Bank offer for sale will not happen soon.

Larsen & Toubro (L&T) said on Friday that it has received shareholders’ nod to raise up to R9,600 crore through a mix of equity and equity-linked instruments.

In a notice to the Bombay Stock Exchange (BSE), the company said it had received shareholders’ approval at its annual general meeting (AGM) held on August 26 to issue convertible bonds and/or equity shares through depository receipts of an amount not exceeding R3,600 crore or $600 million, whichever is higher.

The war of words over point of interconnects (PoIs) between Reliance Jio and incumbent operators continued on Friday with the Mukesh Ambani firm saying 40 million calls were failing everyday between it and Idea, while Jio claimed that the proposed augmentation by Idea was inadequate.

Idea said it would further enhance capacity for Jio in both access and long-distance interconnection by 230 per cent. Idea said it has now provisioned 1,865 ports for access, from 565 earlier — a 230 per cent increase in capacity — and simultaneously the long-distance capacity was also being expanded by 50 per cent.

The Securities and Exchange Board of India (Sebi) board meeting on Friday amended the regulations for infrastructure investment trusts (InvITs) and real estate investment trusts (REITs) to facilitate their growth and allowed foreign portfolio investors (FPIs) to directly trade in debt markets.

The regulator also discussed floating a consultation paper on corporate governance issues in compensation agreements such as non-compete fees at the board meeting held at the new National Institute of Securities Market campus in Navi Mumbai.

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