Auto stocks are in focus with most of the frontline stocks such as Tata Motors, Ashok Leyland, Bajaj Auto, Mahindra & Mahindra (M&M), Hero MotoCorp and Eicher Motors are trading higher between 1%-5% on the National Stock Exchange (NSE).

At 11:06 AM, the CNX Auto index, the largest gainer among sectoral indices, was up 1.7% as compared to 0.23% rise in the benchmark CNX Nifty.

DLF Ltd , India's biggest listed property developer, posted a 21% jump in quarterly profit on lower costs even as home sales are slow to pick up in a recovering economy.

The New Delhi-based company earned 1.32 billion rupees ($20.1 million) for the quarter ended September 30, compared with 1.1 billion rupees last year.

New Delhi: The International Cricket Council (ICC) is all set to have a new chairman, with the Board for Control of Cricket in India (BCCI) likely to replace N. Srinivasan with its current chief Shashank Manohar. The decision to replace Srinivasan as the BCCI’s nominee to ICC is likely to be taken next Monday at BCCI’s annual general meeting (AGM) in Mumbai.

ICC revamped its governance structure and amended its constitution last July, making Srinivasan the first chairman of cricket’s governing body. BCCI’s latest move to replace its former chief will prematurely end his two-year tenure as ICC chairman.

Amazon, the company that started the trend of selling books online, has decided to go offline by selling its inventory in brick and mortar stores. It will be opening its first bookstore called Amazon Books on Tuesday (3rd November 2015) in Seattle’s University Village.

As the company says Amazon Books is a physical extension of Amazon.com. It will apply its 20 years of online book selling experience to integrate the benefits of offline and online book shopping in their store. “The books in our store are selected based on Amazon.com customer ratings, pre-orders, sales, popularity on Goodreads, and our curators’ assessments.

The programme is being funded by the researchers through their university grants amounting to $57,000.

About 200 founders of Indian startups will get together at the Infosys campus in Mysuru in January 2016 for a three-day retreat and conference. The session will commence with yoga, and end late night with brainstorming on strategies to push their companies to the next level. Design-thinking methodologies will be employed by the startup founders to identify and resolve certain problems such as: What emotions would their company want to invoke from customers? What would make the company obsolete in three years? etc.

The growing digitisation and mobility would open up more ways for women to participate in economic activity and help in gender diversity, ICICI Bank CEO Chanda Kochhar said.

“There are so many new e-commerce opportunities around very small cottage entrepreneurship, which can enable more and more women to participate,” she said on the sidelines of a CII HR summit on diversity and inclusion.

Samsung Galaxy On5 and Galaxy On7 smartphones in India at a price of Rs 8,990 and Rs 10,990 respectively on Tuesday. The smartphones will be available exclusively on Flipkart from midnight.

Featuring 5 inch and 5.5 inch HD display, Samsung Galaxy On5 and Galaxy On7 are powered with 2600mAh and 3000mAh battery. Both the new Galaxy smartphones come with an Exynos 3475 quad-core processor with 1.5GB RAM and 8GB storage, expandable to 128GB via microSD and run on Android 5.1.1 Lollipop.

Benchmark indices are off day’s high and are trading in a narrow range with positive bias after investors booked profits at higher levels.

The positive trend is led by select buying among IT, Power and Metal segments. However, the upside is capped due to mild selling among banks, capital goods and consumer durables sectors.

Mumbai: Ace footballer Lionel Messi will endorse Tata cars and utility vehicles (UVs) in India and globally, Tata Motors Ltd said in a statement on Monday. The decision to appoint a brand ambassador, for the first time, comes as the maker of Nano, Indica, Safari, Zest and Bolt brands struggles to connect with the young, upwardly mobile car buyers in a competitive car market, where rivals such as Maruti Suzuki India Ltd, Hyundai Motor India Ltd and Honda Cars Ltd have had greater success.

TVS Motor Company has surged nearly 7% to Rs 292 on the NSE after the two-wheeler maker reported 14% year-on-year (y-o-y) increase in total sales at 274,622 units in October 2015, the highest sales growth in past six months. The company had sold 241,044 units in the same month last year.

Earlier, in April 2015, the company had reported 14% y-o-y jump in total sales.

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