Seshasayee quits Ashok Leyland Board

Chennai
Hinduja Group flagship Ashok Leyland on Friday said non-executive vice-chairman R Seshasayee has resigned from the Board with effect from July 28. The company did not state any reason thereof. Considered as one of the industrial icons in Tamil Nadu, Seshasayee has held various positions at the city-based heavy commercial vehicle manufacturer. PTI

New Delhi
Panasonic launches new smartphone at Rs 3,199

Panasonic India on Friday launched a new T44 lite smartphone which will be available on Snapdeal at Rs 3,199. It runs on Android 6.0 Marshmallow operating system, has 512MB RAM and 8GB internal memory that can be expanded up to 32GB. IANS

Chennai
Advanced Enzyme Tech to list shares on Monday

Advanced Enzyme Technologies, which raised over Rs 411 crore through its initial public offering (IPO), will make its stock market debut on August 1. The IPO, which closed on July 22, was subscribed 116 times at a price band of Rs 880-896 per share. PTI

Chandigarh
CPI-IW for June up two points at 277

The Consumer Price Index for Industrial Workers (CPI-IW) for June has increased by two points to 277 from 275 points in May. TNS