To safeguard capital markets from outside risks, regulator Sebi will soon issue a new set of guidelines to govern outsourcing by stock exchanges and other key entities in the marketplace.

The new guidelines will ensure that exchanges, clearing corporations and depositories do not outsource their core and critical activities to third-parties, while they would need to put in place a robust system to monitor outsourced activities on a real-time basis.

Facebook Mark Zuckerberg has revealed that he thinks one doesn’t have to be a founder to be a successful CEO, but that status can give a lot of advantages that people might otherwise miss out on.

The 31-year-old Internet entrepreneur Mark Zuckerber shared his perspective in response to a question from tech pundit Om Malik, who posed a question to Zuckerberg on how founder-CEOs are judged differently from non-founder CEOs, Re/code reported.

Nestle India shares surged over 3 per cent intraday on Thursday, bolstered by UK’s food regulator Food Standards Agency (FSA) giving a clean chit to Nestle for Maggi manufactured in India. FSA stated that levels of lead in the product are well within the EU permissible levels.

“The FSA can confirm that results from testing samples of Maggi Noodles in the UK have all found that levels of lead in the product is well within EU permissible levels and would not be a concern to consumers,” FSA said in statement on Wednesday.

New Delhi: Indian businessmen scrambled to showcase many of their existing investment plans and allocations as a response to Prime Minister Narendra Modi’s Digital India initiative, which was launched on Wednesday. By the end of the day, they had announced planned investments of Rs.4.5 trillion, and hires of 1.8 million people, over the next 5-10 years.

The numbers sound highly laudable, but are mostly investments in their own businesses, experts said.

German luxury car maker Mercedes-Benz posted a 43% sales growth in India at 3,093 units in the second quarter of 2015.

In January-June, the company's sales grew 41% at 6,659 units compared with 4,717 units in the year-ago period.

China said it is making “every effort” to address India’s concerns on USD 47 billion trade deficit as it called for combining Prime Minister Narendra Modi’s ‘Make in India’ initiative with its ‘Made in China’ to step up investments.

“We are making every effort to fundamentally solve the issue. We need to find a new channel, new methodology to break the bottle neck,” said Huang Xilian, Deputy Director General of the Asian Affairs department of the Foreign Ministry.

The benchmark Sensex that rose over 95 points in early trade on Thursday went into negative zone for a brief period but later recovered and was trading over 50 points up at around 10.26 am.

At 10.26 am, Sensex ws trading 54.51 points up at 28,075.38. Similarly, Nifty was up 13.40 points at 8,466.45 during the same time.

Timely repayment of loans is expected of borrowers. But if you are a State Bank of India (SBI) customer, you can soon earn reward points for paying your loan instalment on time. You can also earn reward points for opening an account or transferring funds through internet or mobile banking.

To celebrate its 60th Anniversary, the country's largest bank launched State Bank Rewardz, an enterprise-wise loyalty programme through which customers can earn reward points for various types of banking transactions.

Railway minister Suresh Prabhu may be busy projecting mammoth-scale investments that Indian Railways would attract over years but on ground the national transporter seems to be floundering on project activity like never before.

India awarded projects worth a miniscule Rs 31 crore in the rail sector in May 2015, the lowest monthly figure in at least a year, and a 92% reduction from Rs 427 crore worth of projects awarded in May 2014.

Shares of Ashok Leyland were trading higher by nearly 3% at Rs 76 on the National Stock Exchange (NSE) after the company reported a 41% year-on-year (yoy) increase in total sales of commercial vehicles at 10,461 units in June 2015. The company had sold 7,411 units in the same month last year.

Sales of heavy and medium commercial vehicles (M&HCV) rose by 46% yoy at 8,048 units, while that of light commercial vehicles (LCV) sales rose by 26% at 2,413 units in June, the company said in a filing to the BSE.

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