Here's a rundown of 11 significant news stories to keep you in the know:

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Tata Motors becomes the second company after Reliance Industries to cross the Rs 1 lakh crore revenue mark

Tata Motors had on Friday reported its highest-ever quarterly revenue of Rs 1.06 lakh crore, bolstered by strong India demand and better supplies at its luxury car unit — Jaguar Land Rover (JLR). In the process, the auto major has also become the first company from the Tata Group, and the second private company, to hit the milestone of Rs 1 lakh crore in revenue.

Currently, there are only seven firms that boast of quarterly revenues of over Rs 1 lakh crore in listed space, with five of them are being controlled by the state.

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Kiren Rijiju is no longer Union law minister

Kiren Rijiju is no longer the Minister of Law. Arjun Ram Meghwal has replaced Rijiju to become the new law minister in India, Rashtrapati Bhawan said on Thursday. Meghwal will now be in-charge of the law ministry, along with his existing portfolios. Meanwhile, Rijiju has be allotted the Ministry of Earth Sciences.

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