Capital markets regulator Securities and Exchange Board of India (Sebi) has told the Enforcement Directorate (ED) to look into complaints by four investors against a Lodha Group company, according to documents accessed by The Indian Express.

The Sebi communication was sent to the ED in January and is currently being investigated by the directorate, ED sources said. This is apart from the ongoing enquiry by the ED into Lodha’s investment in joint ventures with foreign firms and foreign investments of their sister concerns and group companies.

MUMBAI: Banks are taking the battle to mobile wallet companies, armed with their readymade payment systems, wide merchant network and an on tap customer base, attempting to reclaim a turf which just a couple of years ago was their fiefdom.

In the past year, large lenders like ICICI Bank, State Bank of India, Axis Bank, and HDFC Bank, which together control around 40 per cent of local banking assets, have launched new payment instruments as they seek to prevent customers from moving money to newly emerging non-bank companies.

KOLKATA: Bharat Heavy Electricals (BHEL) has successfully commissioned a 600 MW coal-based thermal power plant in the state of Telangana.

The unit has been commissioned at the upcoming 2x600 MW Singareni Thermal Power Project (TPP) located in Adilabad district in Telangana. The project is being developed by Singareni Collieries Company (SCCL), India's second largest coal mining company. With the commissioning of this unit, SCCL has now successfully diversified into the power generation business.

Amitabh Bachchan and Kangana Ranaut have won the 2015 National Award for Best Actor and Actress, respectively, for their roles in Piku and Tanu Weds Manu Returns.

The awards, which were announced Monday, also named Sanjay Leela Bhansali as Best Director for his opulently mounted Bajirao Mastani, while the mythological action drama Bahubali won as Best Film.

Tata Motors has said it has signed a follow-on contract with the Indian Army to supply 619 units of its 6X6 HMV (high-mobility vehicle) multi-axle truck.

Built with a material handling crane, the Tata 6X6 HMV is meant for loading-unloading and transportation of ammunition pallets, spares and other operational equipment.

While road construction has picked up this year, a whole host of projects — across 2,500 km — that entail an investment of over Rs 27,000 crore are stuck. Among the reasons for the delay are the inability to acquire land and the absence of environment clearances. A few of them, however, are merely awaiting completion certificates while others are stuck because of legal disputes between the concessionaire and the National Highways Authority of India (NHAI).

The Calicut-Mumbai Air India flight will depart from here at 8.55 AM with effect from tomorrow, as per the revised scheduled announced by the airline

Currently the flight departs here at 7.45 AM.

The tremendous backlog of pending direct tax litigation has been a bane for the government and taxpayers alike—the locking-up of precious tax revenue for the government and unrelenting uncertainty on the tax front for the taxpayers. The finance minister stated in his Budget speech that reducing litigation and providing certainty in taxation would be one of the “nine pillars” of his tax proposals for FY17. This thought process is enshrined in the various amendments proposed to the Income-tax Act, 1961.

Arvind Kejriwal, Chief Minister, Delhi has featured in Fortune's list of World's Greatest Leaders topped by Amazon CEO Jeff Bezos.

Kejriwal has ranked 42 out of the 50 leaders in the list.

The West Indies produced an all-round performance to outclass South Africa by three wickets in a Group 1 clash at the Vidarbha Cricket Association (VCA) stadium here on Friday to enter the semi-finals of the World Twenty20 cricket tournament.

Batting first, South Africa were never in control of the game as they lost wickets at regular intervals to post a meagre total of 122/8 in 20 overs.

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