Microsoft Corp., which agreed to buy LinkedIn Corp for $26.2 billion in cash on Monday, is clearly strengthening its real-time cloud-based unified communications (UC) suite for enterprises with the purchase of the professional networking site even though its earlier acquisitions of similar companies like Lync, Yammer and Skype indicate that integration will hold the key to a successful outcome.

The disclosure of details of assets and liabilities of SEBI chief U.K. Sinha can cause “unwarranted invasion of privacy”, the Central Information Commission (CIC) has said.

Hearing a four-year old case, a full-bench of CIC has overturned its earlier order in which it had directed that the disclosure be done in larger public interest.

DLF shares jumped over 2 per cent intraday on Tuesday on media reports that Blackstone Group, GIC of Singapore and Brookfield Asset management have bid $ 1 billion for a 40 per cent stake in its commercial property unit, DLF Cyber City Developers (DCCDL)

At 1.02 pm, shares of the realty firm were trading 1.84 per cent up at Rs 132.90. The scrip opened at Rs 133 and has touched a high and low of Rs 134 and Rs 132.05, respectively, in trade so far.

Two-wheeler major India Yamaha Motor on Tuesday launched a disc brake variant of its scooter, Cygnus Alpha, priced at Rs 52,556 (ex-showroom Delhi).

"The scooter market has witnessed a rapid growth in the last few years and Yamaha has been able to make steady inroads in the segment," Yamaha Motor India's Vice-President, Sales & Marketing, Roy Kurian said in a statement.

Shares of PSU banks gained up to 5% after the RBI came out with a scheme for resolution of bad loans of large projects wherein a portion of the debt will be converted into equity or other instruments.

The scrip of Punjab National Bank surged 5.18%, Bank of India rose by 3.14%, Bank of Baroda climbed 2.43% on BSE.

State-run power equipment maker BHEL has commissioned another 195 MW unit at Muzaffarpur thermal power station in Bihar.

This is the second 195 MW unit to be commissioned by BHEL at the 2x195 MW Muzaffarpur Thermal Power Station Stage-II of Kanti Bijlee Utpadan Nigam Limited (KBUNL), a joint venture of NTPC and BSPGCL, the company said in a press release.

HDFC Realty, the real estate advisory arm of HDFC, is working on aggregating the services of local property brokers to boost its business.

The company's new strategy comes in the backdrop of the prolonged slowdown in the real estate markets in the country.

The Bombay High Court on Monday effectively quashed the numerous cuts ordered in the film 'Udta Punjab', ordering its release with only one cut, and a modification in the movie's disclaimer. In an order that reviewed each of the cuts recommended by the so-called Censor Board, the court ordered the Central Board for Film Certification to give an 'A' certificate to the film within two days.

The rupee again hit the 67-mark against the US dollar after plunging 24 paise in early trade today on sustained demand for the American currency from importers and bankers amid a lower opening in the domestic equity market.

The dollar was firm against some global currencies which also weighed on the rupee, dealers said.

The state run NTPC, for the first time, has traded in un-requisitioned surplus (URS) power from four of its prominent thermal generating stations: Vidhyanchal, Unchahar, Rihand and Dadri Power at the Indian Energy Exchange (IEX). The trading took place as per the amendments to the National Tariff Policy (NTP) carried out in January 2016.

During June 4 and 12, NTPC's bid volume was of the order of 30,499 Mw/hr of which 2,743 Mw/hr was cleared at the IEX. The market clearing price was ranging between Rs 1.91 per unit and Rs 2.64 per unit.

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