Business

The stock opened the day 4.59 per cent higher and hit the day's upper circuit of Rs 11.40 on the BSE, defying a weak stock market.

Vijay Mallya, who co-owns the Sahara Force India team that is participating in the Indian Grand Prix, does not want to see any disruption by the agitating employees.

The employees of Kingfisher Airlines have been seeking to speak directly to Vijay Mallya regarding their issues.

Aviation regulator DGCA on Saturday suspended the licence of the financially-troubled Kingfisher Airlines.

For online purchases, the top private sector bank ICICI is offering discount of 3-8 per cent on 24-carat gold coins.

Rajat Gupta is set to be sentenced on October 24 in US District Court in Manhattan.

The Mallya-owned carrier was supposed to remit GMR an amount of around Rs 10.5 crore.

The company will also increase the workers strength at the plant by around 700 people to 4,500 employees by December.

The SIT report has said that the violence was triggered because of internal issues between the management and workers.

Under the present practice, which operates largely manually, a customer is required to have a domestic gas consumer card (DGCC) which keeps the record of the number of gas cylinders purchased.

The plans are aimed at enabling Air India to earn additional revenue from its assets, the sources said.

Industrial growth slowed to 2.7 per cent in August due to poor show by the manufacturing sector and contraction in capital goods output.

The Index of Industrial Production for the month of July has been revised to - 0.2 per cent from 0.1 per cent.

Anand Sinha said said the success of FDI in retail depends on how much India gets in the end.

Both companies are raising their marketing spending to promote their latest products ahead of the year-end shopping season.

The sector is going through difficult times and is facing financial stress due to the overall economic slowdown, Singh said.