NEW DELHI (Reuters) - Reliance Industries Ltd , owner of the world's biggest refining complex, is preparing to lift oil from Iran next month after a gap of about five years, said an industry source with knowledge of talks between the two.

The conglomerate, controlled by billionaire Mukesh Ambani, stopped Iranian oil imports in 2010 because it was worried that the threat of U.S. sanctions on companies doing business with the Islamic republic would complicate its efforts to boost market share for its fuels in the United States.

In order to give users a better and faster reading experience -- whether it is news, views or opinion pieces, the social media giant has announced plans to open up its Instant Articles programme to all publishers globally.

Instant Articles was built to solve a specific problem -- slow loading times on the mobile web created a problematic experience for people reading news on their phones.

Rail Budget 2016: Indian Railways are firming up proposals to add four more dedicated freight corridors to increase its share in the freight pie and divert loadings from roads to rail –this proposal is likely to be firmed up in the Rail Budget 2016-17.

Currently, Indian Railways have undertaken Rs 81,459 cr projects to develop 3,342 km track comprising Eastern and Western DFC and and as per the plan, four more corridors will be constructed to ensure faster movement of goods.

Shares of oil exploration & production companies such as Cairn India, Oil & Natural Gas Corporation (ONGC) and Oil India – were trading higher by up to 6% on the bourses after a sharp surge in global crude oil prices.

Among individual stocks, Cairn India surged 6% to Rs 134, followed by ONGC which gained 5% at Rs 209, and Oil India jumped 3.4% to Rs 327 on the BSE. At 10:45 AM, the S&P BSE Sensex was up 1.3% or 304 points at 23,687.

As investigations into the Pathankot airbase attack gathers pace, investigators say that the 2001 Parliament attack convict Afzal Guru has emerged as the common link in at least three attacks on police and Army camps along the Jammu-Pathankot highway in the past one year.

Afzal Guru was hanged in Tihar jail in 2013.

The rupee recovered from a 30-month low by rising 13 paise to 68.34 against the dollar at the Interbank Foreign Exchange in early trade on fresh selling of the US currency by banks and exporters.

Dealers said, fresh selling of the American unit by exporters and banks supported the domestic currency but dollar's strength against other currencies overseas, limited the rupee's gain.

Ringing Bells has launched Freedom251, the cheapest smartphone in the world. This little known Noida-based startup will be a game changer in the smartphone industry if their phone works well.

Wonder how the company has managed to price their phone so low?

On Monday, the United States Department of Defense (Pentagon) delivered to the defence ministry a Letter of Acceptance (LoA), agreeing to supply 145 M777 ultra lightweight howitzers to India. Valid for 180 days, the LoA spells out the contract price, terms of supply and options available.

Sources close to the sale tell Business Standard the asking price for 145 guns is about $750 million (Rs 5,000 crore). The vendor, BAE Systems, will supply the first batch of 155-millimetre, 39-calibre howitzers within six months of signing the contract. The remaining guns would progressively be built in India.

Tata Marcopolo, the joint venture company of Tata Motors and Marcopolo, on Wednesday said that the firm would commence production of buses and trucks once it found a solution to the labour crisis at its Dharwad unit. The company has declared a lockout on February 6 at the unit that makes Marcopolo range of buses after an external union created trouble, which led to dismissal of a few workers.

Karnataka's assistant labour commissioner had called for conciliatory talks on Tuesday where Tata Motors insisted that it would not take back dismissed workers affiliated to “Krantikari Kamgar Union,” an external union.

Bollywood actor Shah Rukh Khan received his graduation degree on Tuesday, 28 years after passing out from Hansraj College in New Delhi. On the occasion, he walk down the memory lane as he recalled his days time at his alma mater.

The 50-year-old Dilwale actor, who was in the capital to launch the anthem of his much-awaited Yash Raj Film, Fan, said he felt special coming back to the campus.

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