Market regulator Securities and Exchange Board of India (Sebi) has directed stock exchanges to look into the disclosures made by listed Tata group companies, particularly Tata Motors and Tata Steel to ensure compliance with the listing regulations.

The move comes following Cyrus Mistry's allegations about losses incurred by the Tata group due to various projects like Nano car, European steel business and Mundra power project.

The demonetising of the existing Rs 500 and Rs 1,000 notes will be a tough task for the banks to handle in the short-term as people will be queuing up to exchange the notes.

However, top bankers are unfazed by the decision. Top bankers said they would work round the clock to ensure that customers do not suffer and the situation is handled smoothly. Arundhati Bhattacharya, chairman of country’s largest lender State Bank of India said demonetisation of high value notes won’t be a problem as the bank has done it before.

A dedicated Android app by Microsoft, to click selfies will now make you look better without any extra effort. The Microsoft Selfie app is designed to consider lighting, gender, age and skin tone to determine the extent of enhancement needed to make the picture look better naturally with just one click. However, this app by the tech giant is not a new thing, as it had been unveiled on Apple devices quite some time back. Microsoft Selfie app is now available for Android phones in the Google Play Store.

State-owned banking and financial services company Bank of Baroda today announced the appointment of Ratnesh Kumar as the new Managing Director and CEO of BOB Capital Markets Ltd., its 100 percent owned investment banking subsidiary. Ratnesh Kumar, who started his career in the Indian capital markets and financial services sector in 1993 holds a Masters degree in Management from FMS, University of Delhi and M.Sc. (Hons) in Physics and B.E. (Hons) in Electrical and Electronics Engineering from BITS, Pilani.

The alarming post-Diwali pollution is likely to take a toll on the entire National Capital region (NCR), crippling sectors like tourism, transport, automobile and real estate, according to a report.

“While it may be difficult to hazard a figure of economic loss, since the exact period of dangerous levels of pollutants would depend on the weather conditions along with administrative measures, there is no doubt that several billions of dollars of fresh investment and GDP loss would occur,” Assocham Secretary General D S Rawat said.

Markets gained momentum in late trade to end higher on Tuesday after the recent developments indicate that Hillary Clinton is most likely to emerge victorious in the US presidential elections.

The outcome of United States presidential elections of 2016, which will be held today, will have a bearing on global stocks. Presidential election will be held between Democratic Party candidate Hillary Clinton and Republican Party candidate Donald Trump. The results are expected on the next day of elections.

US auto major Ford on Tuesday announced the setting up of its new research and development centre at a cost of Rs 1,300 crore.

Ford's Executive Chairman Bill Ford made an official announcement regarding the investment plan in Chennai.

Ashok Leyland Limited has reported a 71 per cent jump in net profit at Rs 294.41 crore during the September quarter in the current financial year as against Rs 172.20 crore in the corresponding period last year.

The company, which had reported an impairment loss of Rs 157 crore in the second quarter of 2015 owing to its investments in joint ventures and subsidiaries, did not report any such loss during in the same period this year.

Bharat Heavy Electricals Limited (BHEL) registered a topline growth of 12 per cent at Rs 6,780 crore and posted a profit before tax of Rs 138 crore as against a loss of Rs 293 crore in the corresponding period last year. This is after 14 straight quarters of negative topline growth that BHEL has registered positive growth. The turnover of the company increased to Rs 6,780 crore in Q2FY17, from Rs 6,070 crore during the corresponding period last financial year.

NEW DELHI: Prioritising the need to open up economy further, Finance Minister Arun Jaitley on Tuesday said the Centre will step up on reforms to attract more investment and fill up infrastructure deficit, even as he asserted there is a "great amount of impatience" on the growth front.

Speaking at the India-UK Tech Summit here, he said unlike developing economies, voices seeking protectionism are almost absent as the economy expands.

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.