Markets regulator Sebi has let off Mukesh Ambani-led RIL Group's Reliance Petroinvestments Ltd (RPIL) in an almost 9-year-old alleged insider trading case involving shares of the erstwhile IPCL on lack of evidence to establish prior access to sensitive information.

Interestingly, Sebi had earlier in May 2013 imposed a penalty of Rs 11 crore on RPIL in the same case, but the order was later set aside by the Securities Appellate Tribunal in December last year and the regulator was asked to look afresh into the case and pass another order within three months.

Finding affordable primary medical care can be a headache for people in India. SeeDoc is one of the newest companies using technology to solve that problem. Based in New Delhi, its mobile app connects pre-screened doctors and patients through video calls. Since launching in November, SeeDoc has been downloaded 300,000 times and handled more than 15,000 video consultations.

SeeDoc was founded by Jaideep Singh and Vivek Bansal, two serial entrepeneurs who have also helmed startups in the United States (Singh co-founded people search engine Spock, which was acquired by Intelius, while Bansal held executive positions at Globespan after it purchased his software startup Ficon Technology).

Sanjiv Misra will continue as Non-Executive Chairman of Axis Bank for next three months, the lender said on Tuesday.

The term of Misra, a nominee of SUUTI, as the Non-Executive Chairman of the bank, expired on March 7, 2016, upon completion of tenure of three continuous years, the filing said.

Leading bourse BSE will conduct a mock trading session on Saturday to test software related to trading and risk management, including algorithmic-based trade.

The move is part of the exchange's efforts to provide its members with a robust and efficient system for trading equipped with better features.

For years, Microsoft built walls between its products and the rest of the industry. Now it is tearing them down.

Microsoft, the world's biggest software company, is known for creating business software that runs only on the Windows operating system. That has made it hard - or impossible - to buy something like a database from Microsoft without first buying Windows to run on a server.

Bombay Stock Exchange has decided to offer 'Liquidity Enhancement Incentive Programmes Schemes (LEIPS)' to as many as 166 securities exclusively listed on the stock exchange.

The eligible securities belong to 'XC' group, which is a new sub-group implemented by BSE for companies listed exclusively on it.

German luxury carmaker Mercedes- Benz today launched Maybach S 600 Guard model in India priced at Rs 10.5 crore (ex-showroom Delhi).

The car, which is certified with the highest ballistic protection level of VR 10, comes to the country as a completely built unit (CBU).

State-owned Coal India Tuesday said the stock in some of its mines has increased due to regulated lifting by the power producers.

"Due to regulated lifting by the power houses, coal stock has increased in some of the mines of Coal India Ltd," the PSU said in a filing to BSE.

MUMBAI: In a bid to encourage women entrepreneurs and promote greater usage of banking services by women, the country's largest lender SBI has decided to set up one all-woman branch in every district. The bank has already opened 14 such branches - one in each regional hub. Speaking to TOI, SBI chairman Arundhati Bhattacharya said, "Supporting women to grow is an idea that is central to our philosophy of being the 'Banker to every Indian'. SBI has initiated steps to ensure that at least one all-women branch is there for each district.

New Delhi, Mar 8 (Agencies): Finance Minister Arun Jaitley on Tuesday withdrew his Budget proposal to tax withdrawal of savings accumulated in the employees provident fund (EPF) scheme.

”In view of representations received, the government would like to do a comprehensive review of this proposal and therefore I withdraw the proposal,” Jaitley said in a suo motu statement in the Lok Sabha.

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