Lanco Infratech, an Indian electricity producer, is considering selling part of its generation business to cut debt amid four straight years of losses.

The company expects to raise Rs 4,000 crore ($630 million) in two to three years by either taking the unit public or roping in a strategic partner, said T Adi Babu, chief operating officer, finance. Lanco will also sell its Australian coal mine and its toll-road business in India when it gets an acceptable price, he said.

The bodies of all the 19 people who died when four coaches of an army train fell into a canal while crossing a bridge in Pakistan’s Gujranwala district have been recovered, a media report said.

Pakistan Railway teams pulled out three coaches from the water. The train’s locomotive, however, could not be retrieved.

A plane powered by the sun’s rays has landed in Hawaii after a record-breaking five-day journey across the Pacific Ocean from Japan.

Pilot Andre Borschberg and his single-seat solar aircraft arrived on Friday at Kalaeloa, a small airport outside Honolulu after taking off from Nagoya about 120 hours ago.

NEW DELHI: Google India Vice President and Managing Director Rajan Anandan has expressed faith that India may well be home to the next Google, Facebook and Twitter. Talking about the Digital India and in particular Prime Minister Narendra Modi's wish for the next big technology idea to be born in India, Anandan told ET Now, "We completely agree that India should not just be the home for the next Google, but also the next Facebook and Twitter."

The Adani Group on Saturday signed a MoU with the Tamil Nadu government to set up a Rs 4,536 crore solar park in the state.

The development comes on the back drop of the state’s decision to buy 2000 MW of solar power by the end of this calendar year.

PALO ALTO, CA: America's second largest automaker Ford is shifting focus from Detroit to Silicon Valley as it plays catch up to technology innovations in the fast-changing mobility space. The company said it's moving the development of its autonomous vehicle technology or self-driving cars from the research labs in Palo Alto to an advanced engineering programme without giving a timeline by which it intends to sell these cars commercially.

State-owned Coal India Ltd (CIL) may see a surge in its bottom line in the coming quarters, as the miner for the first time will start selling coal through e-auction windows to power plants not having fuel supply agreements (FSA).

There will be two e-auction windows, apart from the existing one. The first e-auction window will be for plants having power purchase agreements (PPAs) and the floor price in this case will be 20 per cent more than CIL's notified price at the time of bidding. Power price under PPAs with the distribution companies are arrived after rate-based bidding and approved by the regulator.

Since about 10 seconds after Google launched its do-it-yourself Cardboard virtual reality headset, other companies have been selling pre-made clones — and Google is totally fine with that.

(Wondering WTF “Cardboard” is? The short version: it’s a virtual reality headset that uses your phone as the brains. Fold the headset together, slip your phone into it, and you’re good to go. It’s like a very, very basic Oculus Rift. Google released it as a side project, then opened it up for others to build upon.)

Ahmedabad-based eCommerce firm Infibeam has filed for an IPO to raise $71 million, becoming the first Indian eCommerce company to list its shares on the domestic market beating biggies like Flipkart and Snapdeal. The raised funds will be used for expanding business, including setting up a cloud data unit and 75 logistics centres.

The company had filed draft papers with the Securities & Exchange Board of India (SEBI) and Draft Red Herring Prospectus which offers shares of Rs 10 each for cash, reports BusinessStandard. Founded in 2007 by Vishal Mehta, Infibeam operates in Ahmedabad, Delhi, Mumbai and Bangalore, and has a total of 1300 employees. It is an online retailer for Books, electronics and automobiles in India.

The decision on merging state-run BSNL and MTNL will be taken in the next four-five months, Telecom Secretary Rakesh Garg said on Friday.

"BSNL, MTNL merger decision will be taken in four-five months after studying the IIM report on it," he said.

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.