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Mercedes-Benz on Monday launched AMG GT R in India with prices starting at Rs 2.23 crore.Business
Mercedes expects govt support on taxation to boost production,

Mercedes Benz India sold 13,231 vehicles in 2016. From January to June 2017, the company has sold 7,171 units.

3 Sept 2017 11:41 AM IST

NTPCs Tapovan Vishnugad project involves setting up a hydel power plant across the river Dhauliganga in Chamoli district of Uttarakhand.Business
NTPC's power generation rises 12 per cent in August

The plant load factor (PLF) increased 5.58 per cent as compared to August last year.

2 Sept 2017 6:54 PM IST

U. B Pravin Rao stepped in as the interim CEO after Sikka resigned. Photo: Infosys websiteBusiness
Infosys seek shareholders' approval for U B Pravin Rao's appointment...

Rao, who is the COO at Infosys, had been named interim-CEO and MD on August 18, after Vishal Sikka resigned.

2 Sept 2017 5:06 PM IST

UIDAI former chairman Nandan NilekaniBusiness
Infosys' new chairman Nandan Nilekani will not be drawing salary

Nilekani's last drawn remuneration for the fiscal 2010 in which he ceased to be a director was Rs 34 lakh.

2 Sept 2017 10:46 AM IST

In December last year, Canara Bank had said it proposes to bring down stake in its housing finance subsidiary CanFin Homes to 30 per cent.Business
Canara Bank cuts interest rate on savings bank accounts

Canara Bank said customers maintaining savings bank balance up to Rs 50 lakh will get 3.5 per cent.

1 Sept 2017 5:00 PM IST

The investment in Pittsburg-based Argo AI, founded by former executives on self-driving teams at Google and Uber, will make Ford the companys largest shareholder.Business
Ford India sales go down 40.39 per cent to 15,740 units in August

Domestic sales were down 9 per cent to 7,777 units last month as against 8,548 in August last year.

1 Sept 2017 3:32 PM IST

Dena Bank stock traded 1.59 per cent down at Rs 30.85 on BSE.Business
Union Bank, Dena Bank reduce MCLR rates

New one-year MCLR has been set at 8.20 per cent as against 8.40 per cent earlier.

1 Sept 2017 2:46 PM IST

Mahindra MSTC Recycling Pvt Ltd, has a paid up capital of Rs 20 lakh and MIL has an initial subscription of Rs 10 lakh.Business
Mahindra tractor sales up 22 per cent at 16,516 units in August

Domestic sales were at 15,246 units as against 12,327 units in the year-ago month, up 23.67 per cent,

1 Sept 2017 2:06 PM IST

Infosys former chairman R Seshasayee on Friday hit out at company founder N R Narayana Murthy for carrying out \personal attacks\ against him. Photo: PTIBusiness
Ex-Infosys chairman R Seshayee hits out at Murthy for 'slanderous'...

R Seshasayee, along with three other directors quit from the board of Infosys.

1 Sept 2017 1:48 PM IST

NITI Aayog CEO Amitabh KantBusiness
10 champions' can push growth to 10 per cent

Niti Aayog CEO wants seven eastern states to perform better.

1 Sept 2017 2:49 AM IST

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