EBusiness - "Authentication Failed" while Save As Concurrent Output in the Internet Explorer

How to solve Oracle Apps "Authentication Failed" error while saving a concurrent output in IE

Got the error "Authentication Failed" when i try to save a concurrent output on my computer.
The saved concurrent request output does not contain anything other than "Authentication Failed"

Solution

1.  From Internet Explorer, select Tools > Interent Options
2.  On the General tab, in the "Temporary Internet files"  select the Settings
      For IE 8 and Above: Click on the Settings button under Browsing history
3. Change "Check for newer versions of stored pages:" to "Automatically"
4. Save changes