Tata Motors will have a wider presence in the pick-up segment in the next three years, as demand for the lighter, quicker and faster commercial vehicles gathers pace in India.

The Mumbai-based company, which has a market share of 12 per cent in the pick-up segment, is working on a variety of projects. At least three pick-ups will be launched by the company in the next two-three years, said a senior official of the company.

Reliance Communications (RCom), part of the Anil Ambani-led group, has partnered with global Internet of Things (IoT) platform leader Jasper to enable enterprises throughout India to launch, manage and monetise next-generation IoT businesses, the company said in a filing in the Bombay Stock Exchange on Thursday.

RCom is Jasper's sole telecom partner in India.

To ramp up its 4G presence in the country, Bharti Airtel has acquired wireless broadband firm, Augere’s India operations, which holds 4G spectrum in Madhya Pradesh and Chhattisgarh. The company has signed a definitive agreement to acquire 100% equity stake in Augere. The deal amount is still undisclosed by both companies.

With this acquisition, Augere will become a wholly owned subsidiary of Airtel, and Bharti’s 4G services will now be available in over 300 cities and towns.

Infosys chief executive Vishal Sikka bought 10 per cent of the blue chip shares granted to him as restricted stock option units, the global software major said on Wednesday.

In a regulatory filing to the Bombay Stock Exchange (BSE), the company said the 10 per cent or 2,279 shares Sikka bought were equivalent to 9,116 shares post-two bonus issues, granted to all investors last fiscal (2014-15).

The IT-ITeS sector skills council (SSC Nasscom), in association with Hyderabad-based career accelerator TalentSprint, on Thursday launched a nationwide programme for Talent Acquisition Professionals in the IT and business process management (BPM) industry called the Talent Acquisition Professionals Forum (or TAP Forum).

There are over 30,000 talent acquisition professionals in the Indian IT-BPM industry. A recent study revealed that recruiting is the most important human resources function when it comes to RoI (return on investment) and companies that excel in recruiting experience have 3.5 times more revenue growth than their less-capable peers.

In a bid to boost market activity, the Securities and Exchange Board of India (Sebi) plans to overhaul the corporate debt market by pushing all issuance onto an electronic platform as early as November, sources with direct knowledge of the plan said.

The markets regulator will announce the proposal drafted by an internal regulatory panel within a few weeks, and seek market feedback, said the sources, who declined to be named as the plan is not yet public.

Air India and its subsidiaries will now have six recognised unions following an election to reduce the number of trade unions in the airline. Prior to the elections there were fourteen recognised trade unions in the airline and two subsidiaries.

The rationale behind the move to recognise fewer unions was that it would lead to better decision making and efficiency.

Mumbai, Aug. 26: The Mahindra group is investing Rs 700 crore in commercial vehicles (CV) as it seeks to manufacture the entire range of trucks.

Mahindra Truck and Bus Division will make the investment to develop new intermediate and light commercial vehicles (LCVs). The aim is to have a portfolio ranging from 3.5 tonnes to 49 tonnes, thereby becoming a full-range player in the next two years.

Realty major DLF's stock jumped nearly 5% on Thursday after the anti-trust regulator CCI rejected allegations of anti-competitive practices made against the company related to a project in the national capital.

After opening at Rs 113.55, the stock climbed to a day's high of Rs 116.05, up 4.88% from Wednesday's close.

As it plans to double its output, Coal India Limited is faced with a major human resource crisis, a recent organisation-wide study has revealed.

The company fears staff poaching once mining in auctioned blocks begins, and its ranking among its PSU peers is lowest in key HR parameters.

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