Business

Companies will now be allowed to announce an OFS with less than a day's notice as opposed to the prior guideline that mandated such announcements be made at least 24 hours before the opening of the offer.

The rupee had slumped by 39 paise to end at nearly nine-month low of 55.96 a dollar in Tuesday's trade.

The RBI further said that banks cannot give advances against gold Exchange Traded Funds and units of gold Mutual Funds.

A commemorative postage stamp and a book on the history of the Indian securities market will be released on the occasion.

The recall by the largest US automaker affects certain 2013 Cadillac SRX models equipped with 18-inch wheels.

Rajat Gupta was convicted of leaking Goldman boardroom secrets to Sri Lanka-born Raj Rajaratnam.

The 49-year-old IT industry veteran has called his firing part of an extortion scandal.

The Sensex closed at 20247.33, up 34.37 points or 0.17 per cent and the Nifty ended at 6169.90 up 23.15 points or 0.38 per cent.

The BSE Sensex closed at 19691.67, down 430 points over the previous close.

The Centre for Asia Pacific Aviation said in a report it understood Jet has confirmed an order for 50 737-MAX planes together with up to 10 777-300ERS from Boeing.

The central bank noted that moderation in inflation has not been in sync with the slowdown in growth.

The RBI is expected to cut the policy repo rate by 25 basis points to 7.25 per cent on Friday.

The rupee had gained 45 paise to close at nearly three-month high of 53.80 against the dollar.

Fertilisers are the third-biggest item in the government's total subsidy bill, amounting to over two per cent of the GDP.

UK Sinha also said there was a need to strengthen the SEBI Act. He added the SEBI was working hard to save small investors.

According to SEBI, the SC was in best position to interpret its own order and all petitions filed by Sahara were linked to the apex court's order.