Tata Consultancy Services Ltd (TCS) on Tuesday said that its performance in the December quarter was pretty steady, barring the sharp decline in its India business. But analysts and investors are growing tired of such assessments. The company’s growth has fallen short of the Street’s expectations for six straight quarters now, and investors’ patience is running thin.

With a continuous fall in global crude oil prices, ONGC is reaping the benefits by awarding five offshore contracts at least 22% cheaper than the tender cost in 2015. The world’s biggest integrated energy companies, such Royal Dutch Shell, BP and Exxon Mobil, among others, are deferring and renegotiating drilling commitments, which is leading to the idling of rigs and services. This scenario offers an opportunity to ONGC to award development projects at discounted rates to boost output.

Reliance Industries (RIL) shares hit new 52-week high on Wednesday after reports that its subsidiary Reliance Jio Infocomm (RJIL) has received approval from the government’s green panel to build the Indian part of the Asia-Africa-Europe One (AAE-1) submarine cable under the Coastal Regulation Zone (CRZ).

At 1.56 pm, shares of RIL were trading 3.59 per cent up at Rs 1082.60. The scrip opened at Rs 1054.80 and had touched a high and low of Rs 1085.40 and Rs 1019.35, respectively, in trade so far. Sensex was up 51.90 points at 24733.93.

Capital market watchdog Sebi in collaboration with Paris-based think tank OECD will organise in February an international conference on key challenges facing the financial sector in terms of investor protection.

"Co-hosted by the Securities and Exchange Board of India (Sebi) and the OECD, with sponsorship from the Government of Japan, this seminar will focus on key developments and challenges facing financial consumer protection and education in the region," a statement on OECD's website about the event said.

Shares of Infosys have moved higher by 2.6% to Rs 1,077 on the BSE ahead of the third quarter results tomorrow on January 14, 2016.

A global leader in consulting, technology, outsourcing and next-generation services, will announce the results for its third quarter ended December 31, 2015 (Q3) on Thursday, January 14, 2016 around 8:45 a.m., Infosys said in a regulatory filing.

Coal India is making its biggest tech overhaul in four decades to check rampant theft and shed its image as an inefficient behemoth, spurred by an impending opening up of the sector to private firms for the first time since the 1970s.

The state-run company’s monopoly had allowed it to delay the use of modern technology common in international mining, but it cannot afford to wait any longer as the government is set to soon announce a plan to allow private competitors like Adani Group to mine and sell coal.

State-run BSNL is launching today its 4G services in Chandigarh with broadband speed of up to 100 megabit per second (Mbps) on mobile phones.

The company has published an advertisement in local newspapers about the launch of its 4G services.

GenX Nano, launched by Tata Motors in May last year to push up sagging sales of the country’s cheapest car, has not been able to deliver yet. Sales volume of Nano, though more than the previous year, is much lower than most of the early years.

The company has sold 15,772 units of the GenX Nano in domestic market till December against 10,306 units of the earlier model sold in May-December period of 2014-15. The 53% increase year-on-year looks impressive, but is way below the high sales mark touched by the car in the past.

The Department of Telecommunications (DoT) has raised a demand of Rs 5,384 crore from Reliance Communications liberalising its 800 Mhz spectrum in 16 circles, which it plans to share with Mukesh Ambani’s Reliance Jio.

Also, a one-time fees for spectrum usage charges of Rs 1,596 crore has been raised, according to sources.

MUMBAI: The benchmark BSE Sensex recovered over 57 points in early trade on Tuesday on mild buying in select stocks by participants amid mixed Asian cues and ahead of the IIP and inflation data to be released later in the day.

The 30-share index was 57.26 points, or 0.23 per cent, higher at 24,882.30 in early trade with sectoral indices, led by power, capital goods, infrastructure, PSU, pharma and consumer durables and oil & gas were in positive terrain.

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.