Plane-like train! 9 reasons why Tejas will make railways look posh from today

A screen for every passenger, cuisine curated by celebrity chefs, WiFi, sensor taps and a bright, yellow look. The Indian railway passenger will travel posh from today with Tejas, the country's first semi-high speed, fully air-conditioned train. Tejas made its first run today from Mumbai's Chhatrapati Shivaji Terminus and it reaches Karmali, North Goa tomorrow morning, covering a distance of 579 km in 8.5 hours.

The man behind Voda-Idea deal to now manage Tata Sons' finances

MUMBAI: Tata Sons chairman Natarajan Chandrasekaran is set to make his biggest appointment since taking over the top job at India's largest conglomerate. Chandra has handpicked veteran investment banking rainmaker Saurabh Agrawal to be the next Tata Group Chief Financial Officer (CFO). Agrawal will join the $103 billion group in July, after a year long stint with Aditya Birla Group where he oversaw the multi billion Idea-Vodafone merger and the acquisition of Jaypee's cement assets by Ultratech. Agrawal, 48, an IIM Kolkata alumnus, is currently the Aditya Birla's strategy head.

Flipkart's digital bet paid off big during last sale

BENGALURU: Did you notice any advertising on TV or in the newspapers during Flipkart's recent sale? No worries if you didn't - it was a deliberate tactic. The mandate to run a tight ship in terms of marketing dollars saw Flipkart adhering to a digital-only strategy during its two most recent sale events. At the latest one, the five-day Big 10 Sale, the online marketplace stayed away from TV and outdoor media and relied only on a digital push to target customers.

India becomes second largest steel producer in the world

KOLKATA: India has emerged as the second largest stainless steel producer in the world after China. India overtook Japan as the second-biggest producer in 2016, according to data released by the International Stainless Steel Forum (ISSF) at their annual conference held recently between May 14-19, 2017 at Tokyo, Japan. The International Stainless Steel Forum (ISSF) is a non-profit research and development organisation which was founded in 1996 and which serves as the focal point for the international stainless steel industry.

AI to raise Rs 80 crore through sale of assets

MUMBAI: Government-run Air India plans to raise around Rs 80 crore through sale of its seven properties, including some land parcels, as a part of its asset monetisation plan. The national carrier has mandated the state-run auctioneer MSTC to put these properties under the hammer. "Air India proposes to sell its exclusive properties in the form of land parcels/built-up flats located at prime location in Mumbai, Bengaluru and Trivandrum through e-auction process by MSTC," according to an e-auction notice posted on the airline's website today.