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Odisha opposes changes in SBDs for UMPPs

In December last year, the Union power ministry decided to cancel the bidding process for Odisha and Tamil Nadu UMPPs

Chhattisgarh Congress brings 'no-confidence' against Raman Singh govt

Congress leaders 'perturbed' with performance of BJP govt in Chhattisgarh since May 2013 Naxal attack on its leaders in Bastar

Mamata launches 2016 poll campaign

Asks party workers to ensure that it breaks all electoral records to come back to power

Uber launches pay-by-cash option in five cities

Has also started accepting credit-card and debit-card payments since mid July

Myntra appoints McKinsey's Ananth Narayanan as CEO

Mukesh Bansal will assume the position of the chairman of the board while continuing to lead Flipkart's commerce platform

Ola debuts on-demand grocery delivery services through Ola Store in Bengaluru

The app helps customers to get all groceries delivered at the door step from local vendors within 60 minutes

Monsoon tours make a splash with discount offers

Tour companies see 25-70% growth in bookings

Around 12,000 employees at Neyveli Lignite go on indefinite strike

Company calls strike 'illegal', says operations will not be affected

StanChart reshuffles top deck

Ajay Kanwal to head Asean & South Asia, India CEO Sunil Kaushal moves to head Africa & Middle East

India to have 500 mn internet users by 2017

By 2016, India is projected to have 236 million mobile internet users the report says, which would reach 314 million by 2017

Profit might be hit in FY16: Sun Pharma

Kharif production could touch new highs on the back of increased acreage

Bharti Airtel in talks with Orange to sell African subsidiaries

Airtel has operations in 17 countries across Africa

Fairfax India to buy 74% stake in NCMSL for $126 mn

The transaction is subject to customary closing conditions and is expected to be completed later in 2015

Federal Bank stock tanks 6% on asset quality woes, slump in net profit

The bank reported a 36% drop in net profit

Rupee weakens to three week low on dollar buying by banks, importers

The rupee ended at 63.67 compared with Friday's close of 63.47

Maggi ban: Regulator overreach, says Nestle counsel

Says apex food regulator cannot issue emergency ban order on products under the law; argument to continue today

FM warns of threat to job creation

He urged unions opposing labour reforms not to persist with ideas that could harm economic activity

YES Bank files appeal against Bombay High Court order

High Court had termed "invalid" the appointment of two directors on YES Bank's board

Defence, banking out of composite FDI caps to avoid 'quick money'

Presently, in the defence sector FDI limit 49%