IRCTC (Indian Railway Catering and Tourism Corporation) is sending around 3,200 meal packets as a part of the ongoing relief efforts in flood-hit Assam. 2,000 packets of ready-to-eat meals have already been sent by IRCTC and the remaining would be sent in some time. Railway Minister Suresh Prabhu had said that Indian railways had been asked to help provide food. “Rail Admn asked to help all in flood affected region. Irctc sending 3200 meal immediately for flood relief in Assam.

Besides superior asset quality, growth potential of their retail book was a factor that led to the re-rating of some of the smaller sized private sector banks in the last one year. A closer look at the retail businesses of Yes Bank and IndusInd Bank reveals that core consumer-driven segments still account for a relatively small portion of their respective retail books.

KOLKATA: Coal India is on a recruitment binge. The state-run miner has decided to hire 4,500 fresh graduates from IITs and NITs to the management cadre in the next three years beginning next month. It will also recruit an additional 40,000 workmen at the same time.

"We will recruit management officials from campuses — mostly from IITs and NITs. Requirement for the year is about 1,000 and 3,500 over the next three years," said R Mohan Das, the director-personal at Coal India.

Market benchmark Sensex rose almost 137 points and the NSE Nifty retook the 8,700-mark on Monday morning on optimistic buying by participants ahead of RBI policy review on Tuesday amid increased foreign capital inflows.

Firm Asian cues tracking record closing in the US after strong employment numbers released on Friday bolstered sentiment.

India's third largest telco Idea Cellular's net profit is estimated to slip 23.5% at Rs 440 crore in April-June quarter from Rs 575.6 crore in the quarter-ago period.

According to a poll conducted by CNBC-TV18, the telecom provider's revenue may see marginal gain of 2.9% at Rs 9,760 crore against Rs 9,483.9 crore in the last quarter.

Private sector lender Axis Bank is ready to go live with its Unified Payment Interface (UPI) application and will do so as soon National Payments Corporation of India (NPCI) goes live with UPI within a few days. The application is download-ready and has been tested thoroughly by 1,000 of the bank’s employees.

RIO DE JANEIRO: Brazil unfurled a vast canvas celebrating its rainforest and the creative energy of its wildly diverse population to the tune of samba, bossa nova and funk in welcoming the world on Friday to the Olympic Games in Rio de Janeiro.

In a country of great economic inequality, the opening ceremony celebrated the culture of the favelas, the slums that hang vertiginously above the renowned beaches of Rio and ring the site of Friday's spectacle, the famed Maracana stadium.

Technology giant Microsoft has announced that it would roll out two major updates for Windows 10 next year after releasing a third and final update for 2016.

"Windows 10, version 1607 is our third Windows 10 feature update released. Based on feedback from organisations moving to Windows 10, this will be our last feature update for 2016, with two additional feature updates expected in 2017," the company wrote in a blog on Saturday.

Hyundai Motor India launched three new editions of its popular SUV Creta priced up to Rs 13.76 lakh (ex-showroom Delhi) on Friday. "The introduction of three variants will add more value to the overall buying experience for customers," Rakesh Srivastava Senior Vice President, Sales & Marketing, Hyundai Motor India Ltd (HMIL) said in a statement.

The vehicle will now also be available in Anniversary edition (SE), Executive variant (E+) and S+ diesel automatic version.

The benchmark BSE Sensex reclaimed the 28K-level, though ending the week marginally up by 26.49 points to 28,078.35, while broader Nifty gained 44.65 to finish at 8,683.15. The week saw a dawn of new era as far as Indian stock market is concerned as the much awaited GST bill passage has been approved by the Parliament in the midst of equities vaguely following rest all other market determinants including a four months high in manufacturing (PMI)s, fastest growth in core Infrastructure, sustained FII inflows and good monsoons.

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