Business

Forex traders said below-normal monsoon forecast by private firm Skymet and a probable dovish policy stance by the RBI weighed on the domestic unit.

There was zero production and sales of Nano in March. In the same month last year the company had produced 31 units of Nano and sold 29 units.

Boeing has offered to build the aerospace ecosystem for co-developing F/A-18 Super Hornet upgrades as part of the country's advanced medium combat aircraft (AMCA) programme, while Lockheed Martin has offered to shift its entire F-16 manufacturing base to...

Originally Gurugram and Faridabad too were to get Euro-VI grade fuel from April 1 but supplies there have been postponed.

The National Aviators Guild had last week announced its decision not to fly from April 1 if their pending salaries were not cleared and clarity on the revival plan not provided by March 31.

L&T has made an open offer to acquire over 5.13 crore shares, accounting for 31 per cent stake, of Mindtree for Rs 980 per cent share aggregating to Rs 5,030 crore.

With the John Players acquisition, Reliance plans to double the number of low-cost Reliance Trends fashion stores across India over the next five years.

Sweden remains on the top on this annual list compiled by Geneva-based World Economic Forum and is followed by Switzerland and Norway in the top three, as per its latest report.

CAIT Secretary General said Gandhi should not do any politics using shoulders of the traders else traders are capable to give a fitting reply in forthcoming elections.

At the Interbank Foreign Exchange (forex) market, the domestic unit opened at 68.60. The local unit moved in a range of 69.10 to 68.53 before finally ending at 68.95, a drop of 12 paise over its previous close.

Some market watchers believe that minority shareholders may find the issue price of Rs 12.50 a share attractive as it comes at a discount of about 61 per cent to the stock's closing price on Tuesday.

Infosys, Vedanta, HCL Tech, L&T, Sun Pharma, Axis Bank and TCS were trading in the green. While, top losers included ONGC, NTPC, Coal India, Kotak Bank, SBI, M&M, IndusInd Bank and ICICI Bank.

Besides the greenback's weakness against some currencies overseas, increased selling of the American currency by exporters as well as banks supported the rupee.

Higher purchases by the world's biggest edible oil importer could support palm oil prices that are trading near their lowest level in three months.

Barring auto and healthcare, all the sectoral indices on BSE, led by oil and gas, PSU, realty, power, bankex, IT and FMCG, were trading in the green.

During talks with India, America is believed to have said that there are creative ways of solving all the trade related issues that addressed concerns of both the countries.