Leading stock exchange BSE will shift stocks of seven firms to the restricted trading category from August 26 for not complying with listing obligations and disclosure norms.

In a circular, BSE said it would shift the scrips to the Z group, wherein their scrips would be settled on trade-for-trade basis.

Tata Consultancy Services (TCS), India's leading information technology (IT) services provider, and JetBlue, one of the leading airlines in the US, are ramping up their relationship to strategically optimise and transform key business channels and enhance digital customer touch points.

During a three-year relationship, JetBlue has leveraged TCS' airline expertise to develop new platforms, and for quality assurance and infrastructure services.

Private lender ICICI Bank Thursday went live with a product that was showcased first at a start-up competition which allows customers to do banking transaction while using other application on mobile phones.

Customers can transfer money, pay bills and recharge from within any application or browser using smartphone keyboard which will reduce transaction time, the bank said in a statement today.

Calcutta, Aug. 17: The Centre expects to collect Rs 23,944.4 crore from Coal India subsidiaries in the current fiscal as clean environment cess.

The levy on coal, lignite and peat came into effect from August 2010, and the budget this year has doubled it to Rs 400 per tonne from Rs 200 per tonne.

Mumbai: The Securities and Exchange Board of India (Sebi) is investigating an unusual rise in the stocks of Cairn India Ltd and Vedanta Ltd during the run-up to the announcement of revised terms for their merger on 22 July, two people with direct knowledge of the matter, including a Sebi official, said on condition of anonymity.

The regulator is checking if any entity made illegitimate gains by trading in these two stocks on the basis of any privileged, unpublished price-sensitive information about the fresh merger terms before they were publicly announced, they added.

Three months after State Bank of India (SBI) announced the merger of its five associate banks with itself, investors who took a large helping of their shares seem to have celebrated too soon.

The SBI stock itself has gained 39%, while shares of its listed associates have surged 26-43% ever since the merger was announced. On the face of it, the merger looks sound. The country’s largest lender will become cost-efficient even as it fattens itself to compete with world-ranking large banks.

Gammon India shares surged over 16 per cent on Thursday after the infrastructure company bagged a civil Engineering, Procurement and Construction (EPC) order worth Rs 869.99 crore from National Highways Authority of India (NHAI) for widening of a highway in Karnataka under NHDP. The project Gammon India has won is for four laning of Hospet – Bellary – Karnataka / AP Border from Km.280.080 (Design Ch.) to Km.375.450 (Design Ch.), design length 98.370, NH-63 in the State of Karnataka under NHDP Phase-IVB on EPC mode.

Showing extraordinary fighting spirit, woman wrestler Sakshi Malik ended India's frustrating medal drought with a dramatic bronze-winning effort on day 12 of the Rio Olympic Games in Rio de Janeiro.

The entire country is talking about her, including Prime Minister Narendra Modi, who is proud of her.

Markets continued to trade firm in late noon trades as gains in financials are offsetting losses amid profit taking at higher levels.

At 2pm , the S&P BSE Sensex rose 168 points at 28,173 and the Nifty50 was up 60 points at 8,684. In the broader market, the BSE Midcap and Smallcap indices were up 0.6%-1% each.

Reliance Communications (RCom) on Wednesday announced the introduction of "Next-Gen app-to-app calling in the country and worldwide". The offer launched by the company has been billed as 'Calling Ka Naya Tareeka' and in this introductory offer it is offering 300 minutes of app-to-app calling for Rs 39.

The company said that the app-to-app calling experience, which is not a novelty for Indian consumers, will be better on its LTE network in the 850 MHz band, and therefore, will provide unparalleled experience.

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