Two wheeler major Bajaj Auto today launched the KTM RC series of super sports motorcycles RSC 390 and RC 200 in Pune.

The RC 200 will cost Rs 1.60 lakh, while the RC 390 is priced at Rs 2.05 lakh (ex-showroom, Delhi). The company said that the current price were introductory and it may increase the prices later. Both the models are being manufactured at Bajaj Auto’s Chakan Plant.

As part of its personnel rationalisation drive, Air India is considering redeploying about 10 per cent of its employees to various departments in the ministry of civil aviation. Currently, the airline has about 13,000 employees. Of this, 1,500-1,600 are likely to be redeployed to organisations such as the Bureau of Civil Aviation Safety and the Airports Authority of India.

Lanco Infratech is planning to sell 3,000 Mw of capacity to raise Rs 5,000 crore. The funds raised will be used to reduce the company’s debt, currently about Rs 35,000 crore.

Last month, the company had sold a 1,200-Mw thermal plant in Udupi to Adani Power for Rs 6,000 crore.

ICICI Bank, the country’s largest private-sector lender, on Tuesday announced that its board had approved the splitting of each equity share into five. This is the first time ICICI Bank has gone for a share split.

“The board has considered and approved the sub-division (split) of one equity share of the bank having a face value of Rs 10 into five equity shares of face value of Rs 2 each,” the bank said in a statement.

Tata Consultancy Services (TCS), India’s largest information technology services provider, reiterated its FY15 growth outlook is much better than FY14, taking its share price to touch a 52-week high at Rs 2,667 apiece during intra-day trading on Tuesday. The share price of the firm corrected and closed at Rs 2,630 a share on the BSE.

After months of hints about its e-commerce ambitions, Twitter announced on Monday that it would begin publicly testing a “buy” button that can be embedded in posts to allow users to buy a product with a couple of clicks.

The feature, initially aimed at selling limited-edition or time-sensitive items such as T-shirts and event tickets, could eventually create a new revenue stream for the social network, which currently relies on advertising for virtually all of its income.

Tata Consultancy Services Ltd's shares gained 0.3 percent after the company on Monday reiterated its revenue and margin outlook for FY 2015. Analysts said that this helps in light of the recent cut in outlook from Cognizant Technology Solutions Corp and Accenture Plc.

New Delhi: The Communications Bill that the government is working on will overhaul the way the telecom sector is currently regulated.

The draft legislation proposes to reduce the government’s role in economic regulation and instead focus on issues such as security, morality, public safety, disaster management and ensuring that there is adequate competition and optimal usage of spectrum, a limited natural resource, according to a Department of Telecommunications (DoT) presentation, reviewed by Mint.

New Delhi: The government will introduce a single window to help businesses meet compliance requirements for a raft of labour laws, it said on Monday while pledging to break the “last bastion of inspector raj” and make it easier to do business in India.

The single window—a website—will help simplify the process of labour compliance, effectiveness of inspection and redressal of grievances, labour minister Narendra Singh Tomar said. He told reporters that while his ministry will ensure the welfare of workers, the government will improve the ease of doing business and amend outdated labour laws.

BANGALORE: Even as Rishad Premji spearheads Wipro's $100-million corporate venture arm that invests in startups, the central strategy office under him also functions like an in-house venture capitalist that funds ideas from within the company.

The strategy office runs what it calls the H2H3 (Horizon 2, Horizon 3) Investment Program to nurture ideas coming from various business units that have the potential to scale up over a two- or three-year timeframe and generate substantial revenues.

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