Business

The BSE benchmark index, which had lost 128 points in the previous session, commenced lower on Thursday.

The BSE benchmark Sensex declined by 56.27 points, or 0.32 per cent, to 17,575.44 in early trade on Wednesday.

GAIL India Ltd has cut its equity stake in ONGC's Dahej mega petrochemical project to 15.5 per cent.

Bharti Airtel on Wednesday slumped 3.85 per cent, amidst low participation of funds due to strike by PSU banks.

In recent years, the advisory panel has been overly optimistic about India's economic performance.

ONGC is still inviting online applications for 889 positions for its Graduate Trainee (GT) Recruitment 2012.

The bank, which cut its home loan rates on Wednesday by up to 0.60 per cent, was earlier targeting a 25 per cent growth.

Imports slumped by 13.46 per cent to $35.37 billion, leaving a trade deficit of $10.3 billion.

The company will announce it's decision to this effect only when it is assured of employee safety, an official spokesperson said.

The court has issued summons to the Kingfisher Airlines' top management over dishonour of the cheques worth Rs 15 crore.

The stock was the top loser among the BSE 30-stock Sensex blue-chips in the morning trade.

Food prices, however, accelerated as concerns rose about below-average monsoon rains.

GAAR target firms and investors routing investments through tax havens.

Infosys' first quarter numbers and FY13 guidance dampened the mood of investors on Thursday.

The 787 has been a source of several headaches for the money-losing carrier.

A UN report said the FDI inflows into India can go up by 20-25 per cent this year and by about 20 per cent next year, if the present trend continues.