Coal India, Bajaj Finance, Bharat Petroleum Corporation (BPCL), Hindustan Petroleum Corporation (HPCL), Indian Oil Corporation (IOC), Dabur India, Britannia Industries, BEML and SRF are among 143 stocks that have touched their respective 52-week highs on the Bombay Stock Exchange (BSE) in this session.

Bajaj Finserv, Emami, Essar Oil, Karnataka Bank, Oracle Financial Services Software, TV18 Broadcast and Welspun Corp are prominent stocks from the A group to hit 52-week highs.

To reinvent itself in the two-wheeler segment, Mahindra Two Wheelers Ltd (MTWL) has started a product-led overhaul. The Mumbai-based company has discontinued sales of two scooters, Flyte and Kine, and one motorcycle, Pantero. Scooter brand Duro is available only in dealerships at present. It has also shifted focus to new-generation products. Its pruned portfolio now has only three models — Centuro, Gusto and Rodeo UZO 125.

This is the first major revamp MTWL has done since its debut in the sector six years ago. The company, which inherited a handful of models from the erstwhile Kinetic Motor Company after acquiring its business assets in 2008, has been struggling to scale up its business against competition from Hero MotoCorp and Honda.

Mukesh Ambani’s Reliance Industries Limited (RIL) announced a proposal to sell 32.5 million shares of Network18 Media & Investments Limited (NW18). This is close to 3.1 per cent of the equity capital of NW18. The offer-for-sale will open on Wednesday.

The sale is to bring down the aggregate shareholding of the promoter and promoter group to 75 per cent and increase the public shareholding to 25 per cent, in line with Clause 40A of the listing agreement pursuant to Securities Contract (Regulation) Rules, 1957.

Maruti Suzuki’s plan to use only the S logo to brand its premium cars follows the lead of most luxury car makers, which use logos and not names on vehicles.

Hyundai Motor India, Maruti’s closest competitor, has made this a standard practice in many of its models. Hyundai stopped using the company badge in some models from the end of 2013. Its uses the circular H with the model name.

C-DOT, the research and development institute of the department of telecommunications, will launch four broadband products developed to fast forward the Digital India initiative, an official statement said.

The products, which includes long distance Wi-Fi system, solar-powered Wi-Fi system, 100 Gbps optical fibre cable (OFC) link and C-DOT’s next generation network (NGN) in MTNL network, will be launched by Communications Minister Ravi Shankar Prasad on July 6 as a part of the Digital India week.

“Recover the coal sector for me, the entire economy will rebound.”

This was Prime minister Narendra Modi's first message to union coal secretary Anil Swarup last October after appointing him as a Of?cer on Special Duty (OSD) in the coal ministry. Recalling the conversation, Swarup now believes, with the successful auctioning coal blocks to captive miners and state-owned Coal India Ltd (CIL) recording double digit production growth, he and the CIL mangement are on course to deliver on the PM's mission.

Black Friday, the annual shopping extravaganza which brought in more than $1.5 billion in online sales alone last November, is arguably the single most important day for retailers in the U.S. Now Amazon wants to steal its thunder with Prime Day.

The e-commerce giant announced that it will mark its 20th anniversary on July 15 with deals for subscribers of its Prime shopping program in nine countries (the United States, United Kingdom, Spain, Japan, Italy, Germany, France, Canada, and Austria).

After months of speculation about who will be Google’s partner in developing its Nexus 5 (2015), it is pretty much certain that the name is LG. Nevertheless, no statement has been announced officially yet.

According to sources, LG won’t be basing the Nexus device on its latest flagship, the LG G4. Rather, it would be creating the new handset from scratch.

If there was a time when India decisively moved from one set of aspirations to another, it was when mobile phones outmoded landlines and drew them to the verge of extinction. In the given circumstances, it was only fair for BSNL to try and revive the market for landlines. BSNL has announced a plan that offers free calling from its landlines during night hours to any operator in India (including mobile phones). The move comes at a time when the company’s mobile market share stands at a single digit (8%) and its landline business is shrivelling as more users opt for the convenience of mobile phones.

The benchmark BSE Sensex remained in the negative terrain and was down over 240 points on Monday morning following selling pressure in metal, banking, IT, auto, teck, power and FMCG sectors triggered by weak Asian stocks amid Grexit fears.

At 11.36 am, Sensex was down 246.81 points at 27,845.98. Similarly, Nifty was down 68.95 points 8,415.95 during the same time.

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