Business

On the issue of floor price for mobile services, the company noted that market dynamics have improved in the recent past as reflected by December tariff hikes by operators.

Equipment under the 'fight' category encompasses all types of ship borne weapons and sensor systems that affect the combat capability of the ship.

Forex dealers said lower crude prices also helped the domestic unit to strengthen its ground. The rupee opened strong at 75.86 against the US dollar.

Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or value added tax.

The investigating agency has now sought all financial documents, agreements, memorandum of understanding and others from JP Morgan India.

Nirmala Sitharaman said the government has always recognised the importance of wealth creators as they generate employment opportunities and utilise resources in optimal manner for promoting the socio-economic development in the country.

RIL raised more than Rs 168,818 crore in 58 days through Rs 115,693.95 crore collected from investors in Jio and another Rs 53,124.20 crore from a rights issue.

RIL has now shed 24.7 percent stake in Jio and raised Rs 115,693.95 crore from some of the world’s top technology investors.

The rupee opened at 76.17 against the US dollar, gained further ground, and touched 76.09 against the US dollar, up 7 paise over its previous close. It had settled at 76.16 against the greenback on Wednesday.

PM Modi said the government was taking big steps to make India self-reliant in the energy sector.

Kotak Bank was the top laggard in the Sensex pack, shedding over 2 per cent, followed by ITC, PowerGrid, M&M, HDFC, Asian Paints and NTPC. On the other hand, Maruti rallied over 4 per cent.

After touching a high of 34,022.01, the 30-share index was trading 725.86 points, or 2.18 per cent, higher at 33,954.66. Similarly, NSE Nifty surged 201.10 points, or 2.05 per cent, to 10,014.80.

It issued its statement via the stock exchange after the Business Standard newspaper said Clix had proposed taking a majority stake in LVB, while The Economic Times said it had proposed buying a 49% stake.

The officers of Directorate General of GST Intelligence (DGGI) and the Directorate of Revenue Intelligence (DRI) conducted joint raids at 16 suspected illicit and undeclared warehouses and residential locations in Indore and Ujjain between Tuesday and Fri...

Overall, private equity activity in Indian real estate is likely to be subdued in 2020, according to a property consultant at Knight Frank India.

After opening at 34,520.79, the 30-share index turned choppy. It was trading 59.04 points, or 0.17 per cent, lower at 34,311.54.