A proposal to redevelop about 400 railways stations in metros and major cities besides pilgrim centres and tourist spots was cleared by the government on Thursday.

The Union Cabinet, chaired by Prime Minister Narendra Modi, gave its approval for redevelopment of the railway stations on ‘as is where is’ basis to accelerate the process of revamping them.

Making it clear that Microsoft is not giving up on phones, company COO Kevin Turner has asserted that the technology giant is restructuring its phones business for profitable growth and will focus on only a few devices that will grab market share.

Turner, addressing over 14,000 partners, resellers and vendors at the Microsoft Worldwide Partner Conference 2015 here, said people have been asking what the company is doing about its phone business, particularly in the wake of last week’s announcement that Microsoft would be cutting 7,800 jobs and write down USD 7.6 billion, all related to its Nokia business.

Tracking positive gains, the BSE Sensex extended gains and was trading over 130 points up on Thursday’s afternoon trade following sustained foreign funds inflows and across-the-board buying by investors.

At 3:20 pm, Sensex was up 245.95 points at 28,444.24. Similarly, Nifty was up 84.70 points at 8,608.50 during the same time.

The All India Petroleum Dealers Association on Thursday demanded 'one nation one rate scheme' for fuel over the recent hike in petrol prices in the national capital.

"We will hold a meeting and decide whether to declare a strike or not. We want one nation one rate scheme," said Ajay Bansal, President of the association.

Malaysia Airlines, which suffered twin air disasters last year, is reducing capacity on its Indian routes as a part of its overall restructuring exercise.

The airline is withdrawing one of its two Kuala-Lumpur Delhi flights and will operate smaller Boeing 737 aircraft on its two Mumbai flights. The changes in schedule will come into effect from September 1

Cash-rich Bharti Infratel is in advanced talks with British telecom major Vodafone and the Aditya Birla Group's Idea Cellular to buy out their telecom towers at a valuation of up to $1.6 billion (Rs 10,080 crore).

Bharti Airtel, Vodafone and Idea, India's top three cellular service providers, jointly own stakes in unlisted telecom tower company Indus Towers, apart from having their own tower arms. Banking sources said Vodafone might sell 11,000-12,000 towers and Idea Cellular 9,000 to Bharti Infratel.

New Delhi, July 14 (PTI): Realty major DLF is likely to raise about Rs 2,500-3,000 crore by next month via private equity and is in talks with the Singapore government's investment arm GIC to sell stake in a new housing project here.

According to market sources, the company is in an advanced stage of talks with sovereign wealth fund GIC to sell up to a 49 per cent stake in the new residential project in the national capital. The deal is expected to close in the next one month.

HTC has announced four new HTC Desire smartphones, including the HTC Desire 520, Desire 526, Desire 626, and Desire 626s. All four phones will be LTE-capable, contain Quad-core Snapdragon processors, and have a variety of displays.

The Desire 520 has a 4.5-inch FWVGA (854×480) display, and comes with 1GB of RAM and 8GB of onboard storage. The main camera is a 8MP recording at 720p, and the front camera is 2MP also capturing 720p film.

Vienna/New Delhi: Iran and six world powers sealed a historic accord to curb the Islamic Republic’s nuclear programme in return for ending sanctions, capping two years of tough diplomacy with the biggest breakthrough in decades.

Diplomats reached the deal in Vienna on Tuesday, their 18th day of talks. US President Barack Obama said it blocks “every path to a nuclear weapon” for Iran, while Iranian foreign minister Mohammad Javad Zarif called it a “win-win”.

Describing India as a “great market”, a top Microsoft executive said the company’s partners in the country are “very progressive” in the way they service the world and the Indian customers adapt to technology a lot faster than those in some other nations.

“We have a great market in India and (it is) super strong. We have really tremendous partners who have been with us for a long time and are transforming very quickly in the cloud infrastructure,” General Manager, Worldwide Partner Group at Microsoft, Gavriella Schuster told PTI here on the sidelines of the Microsoft Worldwide Partner Conference 2015.

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.