To compete against cheaper and high-grade South African, Indonesian and Australian coal, while keeping its prices unchanged, Coal India (CIL) recently strategised a move whereby it is giving up part of its charges levied previously on the consumers.

The coal monolith will no longer charge an extra premium from buyers for purchase of the full quantity of coal as had been done previously.

After the frequent grounding of its aircraft due to rodents, Air India chairman Ashwani Lohani carried out an inspection at Delhi airport and directed the staff to ensure strict maintenance and cleanliness of the hi-lift trucks used by catering companies.

Also, staff of the government-owned airline will be restrained from eating meals in the ramp area (where the aircraft is parked during boarding). “We have also requested Delhi International Airport Ltd to provide space for a staff canteen,” said Lohani.

Tata Motors is closely watching the autonomous-driving technologies being developed globally by the likes of Daimler, Google, Tesla and its own subsidiary, Jaguar Land Rover (JLR). The homegrown automobile major wants to bring driver-assistance functions such as collision avoidance and automated parking to its cars in India.

"There's clearly a movement globally towards more and more autonomy and eventually autonomous cars will come. It's important for us in India to understand the technologies behind that (autonomous driving) and that it will come into our market gradually," said Tim Leverton, head of advanced and product engineering.

Though the impact of the US jury verdict in the Epic data theft case was clearly seen to be having an overhang among the top management of Tata Consultancy Services (TCS), the Mumbai-based company tried to bury those with a good set of numbers.

After its Indian peer Infosys stole the limelight last week with a strong performance in the quarter ended March, TCS also beat the Street’s estimates with better-than-expected profits and revenues.

Bihar Chief Minister Nitish Kumar on Monday said the RSS ideology was not good for the country and again urged all non-BJP parties to unite against the BJP.

"The RSS ideology is not good. It is not in the interest of the country and its people," he told the media here after his weekly Janata Durbar.

A special court for Prevention of Money Laundering Act (PMLA) cases on Monday issued a non-bailable warrant against Vijay Mallya in the Rs 900 cr IDBI loan fraud case. The court has also dismissed the petition filed by Kingfisher Airlines' counsel that claimed allegations made by the Enforcement Directorate on siphoning of money overseas as incorrect.

The ED had moved the court last Friday seeking an non-bailable warrant after Mallya failed to appear before the agency despite the issuance of 3 summons to him.

Infosys, UltraTech Cement, Petronet LNG, Finolex Industries and TVS Motor Company are among 12 stocks from the Nifty500 index hit their respective lifetime high price on the National Stock Exchange (NSE) in intra-day today.

Atul, Bajaj Finance, Can Fin Homes, Kajaria Ceramics, Kansai Nerolac, Manpasand Beverages and Minda Corp are others from the index touching lifetime highs.

The Network18 Group will be re-branding its flagship English general news channel CNN-IBN to CNN-News18 and unveil a new name and logo with a new look and feel to the news screen at 8 pm on Monday, a company statement said here.

IBNLive.com, the digital destination of the channel, is also changing to News18.com, the statement said.

External Affairs Minister Sushma Swaraj on Monday strongly raised with her Chinese counterpart Wang Yi the issue of China blocking its bid to have JeM chief and Pathankot terror attack mastermind Masood Azhar designated as a terrorist by the U.N.

Ms. Swaraj took up the issue with Mr. Wang at a bilateral meeting here on the sidelines of the Russia—India—China (RIC) trilateral meeting of their foreign ministers.

ICICI Bank has increased its stake in the debt-laden IVRCL Limited to 11.43% by acquiring a fresh 39.91 million shares amounting to 7.3% of the equity share capital of the company. Prior to the fresh acquisition the bank held 22.57 million equity shares or 5.03% of the total equity capital at that point of time.

The bank has acquired the shares on a cumulative basis under the terms of the Strategic Debt Restructuring(SDR) between June 25, 2015 to April 13, 2016, according to a filing issued to the BSE.

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