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AIADMK MPs urge PM to have Cauvery-related plea in SC withdrawn

Asks Centre to constitute the Cauvery Management Board as directed by the Supreme Court

Majesco scraps plans to raise money Rs 250 crore through QIP

Company also announced a partnership with IBM aimed at accelerating its new insurance services through IBM cloud

Atlas Copco to spend Rs 70 cr to raise Hyderabad plant capacity

The company aims to make new products from this plant to cater to the Indian and African markets

RBI cuts repo rate by 25 bps to 6.25%

All 6 members voted in favour of monetary policy decision. Next meeting of MPC scheduled on December 6-7

Govt approves about 9,020 seats under BPO promotion scheme

Over 50 companies will set up BPO operations at 60 locations in 18 states and two union territories

Transocean says RIL ending drillship contract

Transocean is a provider of offshore contract drilling services for oil and gas wells

Tatas sell businesses to keep group ahead of competition

Here are few businesses sold by Mistry since he took over as group chairman in 2012 and by former Chairman, Ratan Tata

MCX applies for clearing corporation

To enable MCX to transfer functions of clearing and settlement of trades to a separate clearing corporation

Sebi exempts Analjit's trust from making open offer

NSE's market share improves in first half of FY17

It has virtual monopoly in high volume derivatives segment, while BSE had around 14 per cent market share in cash segment in 1HFY17

Politicians, farmers slam Centre's new stand on Cauvery Management Board

The BJP-led government has one eye on votes in the upcoming Karnataka elections, allege political parties

NTPC pays total dividend of Rs 2,762 crore to government

Company has paid a total dividend of Rs 1,995.28 crore to the Government of India for the financial year 2015-16

Ashish Vohra appointed as Reliance Life CEO

Vohra has joined Reliance Nippon Life Insurance from Max Life Insurance

Hyderabad, Delhi, Mumbai top list of black money declarations

CBDT refuses to give state-wise break up

Mahindra Holidays buys 12% in Nreach

Nreach is a tech-enabled marketplace for experiences, activities and interesting things to do in and around city or in travel destinations

Hari Babu elevated as Global COO at Mylan, Inc

Currently, he heads Mylan's Indian arm and OSD and API verticals; he has 25 years' experience in global generic pharma industry

Maruti clocks biggest monthly sales in September

The company sold 137,277 vehicles last month, against 106,083 units in the same month last year

Karunanidhi seeks Tamil Nadu govt to put an end to rumours on Jayalalithaa's health

Asks government to release proper information on her health condition

Disney India ties up with Stop Hunger Now

Stop Hunger Now is an international relief organization that co-ordinates distribution of food and other lifesaving aid around the world

Tariff orders for NTPC could lead to under-recovery in energy charge: Ind-Ra

The energy charge rate approved by CERC, is 20-31% lower than what was sought by NTPC