The most influential Twitter account supporting the Islamic state may just belong to an Indian.

According to channel4.com, the official website of well-known British broadcaster Channel 4, it is the account of a certain Mehdi, an executive from Bangalore, who had been tweeting as ShamiWitness, a fanatical supporter of the Islamic State.

Markets opened marginally higher tracking gains in their Asian peers and overnight gains on Wall Street with IT majors leading the gains.

Meanwhile, markets are likely to remain volatile ahead of the release of consumer price inflation and industrial production data due later today.

Reliance Industries, Oil and Natural Gas Corporation (ONGC), Bharti Airtel, Tata Steel, Sesa Sterlite, Cairn India and Wipro are among 175 stocks that have hit a three-month low as the S&P BSE Sensex slipped over 1,000 points thus far in December.

The S&P BSE Sensex that closed to 27,602 on Thursday has lost 1,092 points from its record closing high of 28,694 on November 28. The 50-share CNX Nifty Index has also declined 295 points at 8,293 from its lifetime high 8,588. The fall has seen around 175 stocks from the BSE-500, mid-cap and small-cap index touch their respective three-month low level during the current month.

Reliance Industries has named former UK judge Sir Bernard Rix as its arbitrator in the Krishna-Godavari D6 cost recovery dispute with the government, in place of former Chief Justice of India S P Bharucha, who quit last week.

RIL gave Rix’s name, who recently retired as Lord Justice of Appeal with 20 years experience in the Commercial Court and the Court of Appeal, earlier this week, sources privy to the development said.

Mercedes Benz India has donated two new training cars and the latest Star diagnostic units to two Government Polytechnic institutes in Maharashtra as a part of its mechatronics apprenticeship programme.

MBI has introduced a mechatronics apprenticeship programme in Pune in 2006 which provides the apprentices the key competencies which are necessary to adapt to the fast changing industrial requirements in Pune. It is a part of MB's global learning Iraland programme. In India, it has partnered with three Government Polytechnic Pune (GPP), Government Polytechnic Aurangabad and Government Engineering College Trivandrum (GECBH).

Tata Consultancy Services (TCS), India’s largest information-technology services player, is learnt to be undergoing a restructuring exercise. The workforce optimisation programme, in the planning stage, is expected to be over in February 2015.

According to company sources, every vertical has been asked to identify senior staff who have not been very productive. Employees who have been put under the scanner are above the rank of consultant — senior consultant, principal consultant, vice-presidents, etc.

State Bank of India chairperson Arundhati Bhattacharya said on Thursday that the cabinet decision to pare stake in state-owned banks will lead to a fresh round of banking reforms, and force banks to be more competitive.

"The news that the government has allowed PSBs to bring down govt stake to 52 per cent kicks of the next round of reforms because for the fort time the public sector banks are the a very clear signal that banks can pick up from the market," Bhattacharya said at the concluding day of the Delhi Economics Conclave.

German luxury car maker Audi plans to launch around 10 new models in India next year as it looks to further consolidate its position in the country.

The company, which today launched the compact convertible Audi A3 Cabriolet in India priced at Rs 44.75 lakh (ex-showroom Delhi), currently sells 17 models in the country.

Glasdoor has named Google as the top company to work for in its list of 50 best places to work.

Glassdoor's CEO Robert Hohman said that list saw non-technology companies moving up in the rankings this year as Bain and Company occupied the second spot, Nestle Purina PetCare stood third, F5 Networks followed on the fourth spot and Boston Consulting Group stood fifth, reported Fox News.

Gurunath Meiyappan, who is the main suspect in the IPL betting scam, was a daily visitor to the hotel room of MS Dhoni, the captain of Chennai Super Kings, who is listed as ‘Individual No 2’ in the Mudgal Committee report, dna has reliably learnt.

Justice Mukul Mudgal panel-appointed investigator BB Mishra’s (deputy director, National Narcotics Bureau) report has found during the four-month long investigation that if there was any individual who had direct access to individual No. 2 room, it was only Meiyappan.

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