Tata Consultancy Services has been named as the top employer in Europe for the third consecutive year by a top employers certification agency, citing the Indian IT major as an "exceptional performer" in nine core human resources areas.

TCS, the leading IT services, consulting and business solutions organisation, has been certified as top employer in eight European countries - the UK, Belgium, the Netherlands, Germany, Switzerland, Sweden, Denmark and Norway by Top Employers Institute.

State-run BHEL has commissioned another 660 MW super-critical or energy efficient unit of NTPC's Barh thermal power project in Bihar.

Meanwhile, the company said it is currently executing orders for 36 sets of super-critical boilers and 31 sets of super-critical turbine generators, which are in various stages of execution.

The second phase of the e-auction of 11 coal mines proved to be a bonanza for mineral-rich states, whose revenues increased to Rs 2.05 lakh crore from Rs 1.35 lakh crore in the first phase. Out of the received bids worth Rs 71,027 crore for 30 years (mines' life), Rs 59,736 crore is towards royalty and the rest is the auction amount.

The second phase was almost similar to the first with sector majors grabbing richer coal blocks at high price. The only exception was Jindal with the lowest bid to get a rich coal block with power generation as end-use. While operational coal blocks were auctioned in the first phase, the second phase auctioned off about-to-produce mines.

Enthused over the allocation of Rs 1,300 crore in the Union Budget, Export-Import Bank of India is now planning to raise an additional Rs 13,000 crore in the next fiscal, a top official said on Thursday. Export-Import Bank of India Deputy Managing Director David Rasquinha said the bank was "soundly capitalised" and the capital adequacy ratio was around 15%.

During the Budget presentation made by Union Finance Minister Arun Jaitley last week, a sum of Rs 1,300 crore of capital has been earmarked for the EXIM Bank.

The government has proposed to amend the Reserve Bank of India (RBI) Act to take away money market regulatory powers from the central bank and bring it under the purview of the Securities and Exchange Board of India (Sebi).

Though the proposal wasn’t mentioned in Finance Minister Arun Jaitley’s Budget speech, the Finance Bill proposes to amend sections 45U and 45W of the RBI Act, which effectively takes away the central bank’s powers to regulate government securities and other money market instruments.

Hundreds of millions of Windows PC users are vulnerable to attacks exploiting the recently uncovered “Freak” security vulnerability, which was initially believed to only threaten mobile devices and Mac computers, Microsoft Corp warned.

News of the vulnerability surfaced on Tuesday when a group of nine security experts disclosed that ubiquitous Internet encryption technology could make devices running Apple Inc’s iOS and Mac operating systems, along with Google Inc’s Android browser vulnerable to cyberattacks.

Even as it closed February with a 12 per cent rate of growth, surpassing its monthly target, achieving the annual production target of 507 million tonne may remain elusive for Coal India Ltd (CIL), available indications show.

Enquiries revealed that CIL may just be able to scrape past the 490-million tonne mark by around a couple of million tonne. It closed 2013-14 with 462 million tonne and indications are that this year the figure may touch just 492 million tonne against the targeted 507 million tonne. The company, which has been tasked to raise 1,000 million tonne coal by 2020, has produced 436.9 million tonne between April and February 2014-15, against the targeted 450.1 million tonne.

Emerging markets’ output growth rose to a 5-month high in February, and manufacturing as well as services sector in India expanded at a faster pace than China during the month, an HSBC survey said today.

The HSBC Emerging Markets Index (EMI), a monthly indicator derived from Purchasing Managers’ Index surveys, rose to 51.9, from 51.2 in January, signalling fastest rate of expansion since last September, but still lagging the developed economies.

Rapping Jawaharlal Nehru Port Trust (JNPT) for continuing to reclaim land in violation of the Coastal Regulation Zone (CRZ) Notification, the National Green Tribunal (NGT) has ordered the City and Industrial Development Corporation(CIDCO), JNPT and Oil and Natural Gas Corporation Limited (ONGC) to pay Rs 95.19 crore to 1,630 fishermen families affected by JNPT’s project of creating an additional berth at the port in Navi Mumbai.

Top software exporter TCS has introduced a new platform which will increase the level of automation in underwriting for insurance business.

"The solution automates the ability to capture, analyse and make use of data in order to determine risk exposure and risk aggregation," the Tata group company said in a statement here.

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