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Idea expands 4G LTE services across Maharashtra, Goa

Idea expands 4G LTE services across Maharashtra, Goa

India's third largest national mobile operator Idea Cellular has announced rapid expansion of the 4G LTE services in 390 towns across 32 districts of Maharashtra and Goa.

Idea has been the first and only service provider to offer 4G services in 300 towns of Maharashtra and Goa.

Maruti Suzuki to save Rs 4,000 on every car transported through waterways

Maruti Suzuki to save Rs 4,000 on every car transported through waterways

The journey of 34 cars of Maruti Suzuki being transported in barges along river Ganga from Varanasi to Haldia, covering a distance of 1,620 kilometres in six days, would transform the way cars are transported across the country, and its real impact could be seen in the cost of logistics.

Nifty holds 8,600 amid choppy trades; Hero Motocorp up 3%

Nifty holds 8,600 amid choppy trades; Hero Motocorp up 3%

The barometer index, the S&P BSE Sensex, extended gains while the Nifty 50 index traded near the flat line in mid-morning trade. At 12:20 PM, the Sensex was up 55.53 points or 0.2% at 28,119.94.

The Nifty 50 index was currently up 8.80 points or 0.1% at 8,651.35. The Sensex rose 71.49 points, or 0.25% at the day's high of 28,136.10 in early trade. The index fell 40.25 points, or 0.14% at the day's low of 28,024.36 at the onset of trading session.

36th day of curfew, shutdown cripple Kashmir

36th day of curfew, shutdown cripple Kashmir

Unrelenting curfew by the authorities and protest shutdown called by the separatists crippled Kashmir Valley for the 36th consecutive day on Saturday.

Authorities continued curfew and restrictions at ten district headquarters in the valley in addition to the trouble torn towns of Sopore, Handwara, Trehgam, Awantipora and some others, a senior police official said here.

Flipkart to sell Reliance Jio LYF phones

Flipkart to sell Reliance Jio LYF phones

Mumbai: Flipkart.com said on Friday that it has exclusively partnered with Reliance Jio Infocomm to sell two mobile handsets of from its LYF line—WIND 3 and FLAME 8— a move that could help India’s largest e-commerce platform strengthen its star category—smartphones.

The news comes in at a time when Flipkart is striving hard to meet its ambitious targets of achieving monthly gross sales of Rs.3,700-3,800 crore by expanding sales of smartphones, large appliances and fashion.

No govt of Modi, by Modi, for Modi: Rahul targets PM over delay in judges' appointments

No govt of Modi, by Modi, for Modi: Rahul targets PM over delay in judges' appointments

Congress Vice President Rahul Gandhi today attacked Prime Minister Narendra Modi over the Supreme Court's scathing observation on appointment of judges, saying it was a reality check for the PM.

The Supreme Court had on Friday sent out a stern message to the Centre over non-execution of collegium's decision to transfer and appoint Chief Justices and judges in High Courts, saying it will not tolerate the "logjam" and would intervene to make it accountable.

Sensex goes past 28K, Nifty closes above 8,600

Sensex goes past 28K, Nifty closes above 8,600

MUMBAI: Equities jumped today as the benchmark BSE Sensex recaptured the 28,000-level by surging 293 points and NSE Nifty breached the 8,600-mark on continued buying by investors ahead of IIP and inflation data.

Brokers said widening of positions by participants ahead of key economic data -- industrial production (IIP) for June and consumer price index (CPI) for July to be released after market closing today- helped boost trading sentiment.

Rupee extends losses vs dollar, down 4 paise to end at 66.89

Rupee extends losses vs dollar, down 4 paise to end at 66.89

MUMBAI: The rupee fell for the second day in a row against the dollar on Friday closing down by 4 paise at 66.89 due to sustained dollar demand from banks and importers.

Firm equity markets and foreign capital inflows failed to restrict the rupee's fall against the dollar, a forex dealer said.

SBI shares jump 7% as bad loans rise less than expected

SBI shares jump 7% as bad loans rise less than expected

State Bank of India (SBI) on Friday reported 31.7% decline in profit to Rs 2,520.96 crore as provisions for bad loans continued to eat into profits.

Its gross bad loans rose only 3% over the preceding quarter to Rs 1.02 lakh crore as of end-June, much less than expected. This led to the share price closing 7.16% higher at Rs 243.20.

Nearly 15,000 km roads to be made into four-lane highways

Nearly 15,000 km roads to be made into four-lane highways

National Highways Authority of India (NHAI) will convert about 15,000 km of roads from two-lanes to four-lanes for enhancing the economic efficiency of the highways.

"We are looking at economically efficient corridors and have identified around 15,000 km of roads, which we will convert from two-lanes to four-lanes, to increase their economic efficiencies by connecting points that have been left out historically," NHAI Chairman Raghav Chandra said at a road conference organised by Assocham.

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