Former Tamil Nadu Chief Minister Jayalalithaa's appeal against Special Court's conviction order in disproportionate assets case has been filed in the Karnataka High Court around 11 a.m on Monday.

Her advocates filed the appeal, with a plea seeking stay on the suspension of sentence, in the High Court's registry section.

Tata Consultancy has gained 3% on the back of being awarded as the Best Technology Provider by Reactions, a leading insurance publication covering the global insurance and reinsurance market on September, 26 2014.

We are delighted to be recognised by Reactions as the Best Technology Provider in 2014, said Suresh Muthuswami, President of Healthcare and Indusrance, TCS.

Virat Kohli, ace cricketer and vice-captain of Team India, is busy finalising business plans for life after retirement. The 25-year-old, who shot to fame with his aggressive attitude with the bat and words on field, is mulling prospective business ventures with his friend and manager Bunty Sajdeh, founder and CEO, Cornerstone Sport and Entertainment.

Kohli is setting up a company that will allow him to invest in business ventures around sports and fitness. Through this company, he will invest in the FC Goa franchise of the Hero Indian Super League (ISL).

CHENNAI: At least 16 people committed suicide or died of cardiac arrest across Tamil Nadu after a special court in Bangalore convicted AIADMK supremo J Jayalalithaa in the 66.65 crore disproportionate assets case on Saturday and sentenced her to four years in prison. Two people have been hospitalized with severe burns.

Police said three people hanged themselves, one AIADMK supporter committed suicide by self-immolation, one person ended his life by jumping in front of a bus and one person died after consuming poison after the court pronounced its verdict. Ten others died of cardiac arrest, apparently due to shock after Jayalalithaa's conviction, a police officer said.

Loss-making state-owned telecom service providers, Bharat Sanchar Nigam (BSNL) and MTNL will not be privatised; instead they will be turned around, telecom minister Ravi Shankar Prasad has said.

For the private sector players, the minister’s message is that he’s willing to take a re-look at the merger and acquisition guidelines finalised by the UPA government, if they feel that it is not workable. Also that sufficient spectrum to operators and its optimum utilisation by them will be ensured by him.

After a brief opening in red, benchmark indices edged higher on account of gains in IT and pharma names. At 0940 hrs, the Sensex was up 62 points at 26,688 and the Nifty edged higher up 13 points to trade at 7,981.

In line with weak Asian cues, the benchmark indices started on a flat note with a negative bias. The one weighing on the indices were ICICI Bank, L&T, ITC and ONGC in opening deals.

Prime Minister Narendra Modi took the three-million-strong Indian community in the US by storm, straddling generations, ethnicities and educational attainments. Speaking at the Madison Square Garden and earlier at a concert at the Central Park, he flagged a range of issues, addressing not just the followers of yoga but also those who are more familiar with Yoda, a prominent character in the Star Wars series, when he told young people listening to him at the music concert: "May the Force be with you," evoking loud cheers.

The GMR group, which operates the Hyderabad International Airport, intends to build an exhibition-cum-convention centre at a cost of Rs 750 crore. The centre will be a part of the proposed airport city, which is expected to create 15,000 to 20,000 jobs.

According to an official press release, group chairman, GM Rao, made this proposal when he called on Telangana chief minister, K Chandrashekar Rao, on Friday.

BSE Ltd and Bank of New York Mellon have signed an agreement enabling foreign investors to provide AAA rated sovereign bonds traded outside of India as collateral for trades done on the domestic exchange, the two parties said in a joint statement released late on Friday.

The two parties said with the signing of this agreement they "aim to enhance the trading experience for foreign institutional and retail investors and bring Indian practices in line with the best in the world".

The Securities and Exchange Board of India (Sebi) on Friday firmed up regulations that will govern real estate investment trusts, or REITs, and so-called infrastructure investment trusts (InvITs) that the market regulator decided to allow last month. Following a board meeting in August, Sebi had cleared a long-pending proposal to allow Indian firms to launch REITs —a move that will enable easier access to funds for cash-strapped developers and create a new investment avenue for institutions and high net worth individuals, and ultimately ordinary investors. All REIT schemes, to start-off with, will be close-ended real estate investment schemes that will invest in property with the aim of providing returns to unit holders. The returns will be derived mainly from rental income or capital gains from real estate. REITs, Sebi said, will be allowed to invest in commercial real estate assets, either directly or through special purpose vehicles (SPVs).

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