Bengaluru-based startup, Tradelab which develops software products for financial services firm, has raised Rs 2.5 crore from Rainmatter, a financial technology incubator.

Started in 2012 by two IIT alumni, Tradelab acts as a trading platform and provides analytics, allowing not just brokers but regular people also to trust online brokering. Its software products include Cyrus (configurable low latency algo trading platform), Pi (integrated trading and charting platform), and Esim (paper trading on simulated market competition).

Mobile phone users will pay less for usage while roaming from tomorrow as leading operators, including Airtel, Vodafone, Idea Cellular and Reliance Communications, slashed their roaming rates by up to 75 per cent weeks after regulator Trai cut ceiling tariffs.

While in roaming, call rates will be cheaper by up to 40 per cent and SMS by up to 75 per cent.

In what could be another face-off between Aam Aadmi Party and Reliance Industries, the Anti Corruption Branch of the Delhi government on Thursday issued a notice to top officials of RIL and its partner Niko Resources Ltd to join investigations next week in Krishna-Godavari Basin case.

The move marked the first improvement in the FIR registered in February last year when AAP had formed a government in Delhi for 49 days. The FIR also includes the names of former petroleum ministers M Veerappa Moily, Murli Deora, former director general of hydrocarbons V K Sibal and RIL chairperson Mukesh Ambani.

Taking up the most neglected and sensitive topic in the coal mining sector – safety of mine labours, the ministry of coal is working towards ‘zero harm’ policy and coal companies would increase revenue spend on it.

The plan also includes phasing out of all manual loading in underground coal mines within a year's time. Most accidents in an underground coal mine happen due to land slide or gas leakage during extracting coal which is usually fatal.

Ashok Leyland's UK arm Optare has decided to delist from the Alternative Investment Market (AIM).

The company said there are significant costs associated with maintaining a quotation on AIM, which can be used for product support.

Hyundai Motor India (HMIL) today reported 2.6% increase in total sales at 51,505 units in April.

The company had sold 50,222 units in the same month last year, HMIL said in a statement.

Country's largest carmaker Maruti Suzuki India (MSI) today reported a 29.6% rise in total sales in April at 1,11,748 units against 86,196 units in the corresponding period last year.

The company said its domestic sales increased by 27.3% during the month to 1,00,709 units against 79,119 units in April 2014.

After two rounds of cuts, petrol prices were on Thursday raised by Rs 3.96 a litre and diesel by Rs 2.37 a litre, tracking global cues.

The increase in petrol and diesel prices became effective from midnight on Thursday.

Infra major Larsen & Toubro (L&T) will construct a luxury housing project of Wave Infratech in Noida.

The project 'Eminence' would be completed in 42 months. Eminence spread over 1.62 acres is part of Wave's mega township project Wave City Center.

Tata Motors is finding more takers for its differentiated voting rights (DVRs) shares than ordinary shares in its ongoing rights issue to raise Rs 7,500 crore.

As per data available with exchanges, Tata Motors DVR was subscribed 54% on Wednesday evening against 38% subscription for the ordinary shares of the company. The issue that opened on 17 April will close on Friday.

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.