Business

The company said that a fall in the rupee was cushioning a downward pressure on domestic steel prices.

The measure is a part of a continuing effort to arrest the slide in the rupee.

CBI sources say the Micromax owners had entered a deal with the MCD engineers to get clearance for their banquet hall.

The Supreme court is hearing 3 contempt petitions by SEBI against Sahara real estate companies, their directors, including Subrata Roy.

This is the second weekly drop for the Sensex, which has fallen 1,138.11 points, or 5.61 per cent, in the past eight sessions.

Following decisions on FDI limits were taken on Thursday at the Cabinet meeting chaired by Prime Minister Manmohan Singh.

As per the decision, 'control' will include the right to appoint a majority of the directors or to control the management.

Bharti Airtel chief Sunil Mittal, too, is at the CBI special court in Delhi in connection with the 2G spectrum allocation case.

DLF is contemplating over a specific retirement benefits to directors who have made outstanding contribution to the growth of the company.

AirAsia's big boss Tony Fernandes and the new India CEO Mittu Chandilya say India's next airline will change the industry.

The broad-based National Stock Exchange index Nifty edged up by 2.60 points, or 0.04 per cent to 6,031.80.

The company, in a regulatory filing, said operating margin stood at 26.9 per cent while volume grew 6.10 per cent during the reporting quarter.

However, the company will continue to pursue its other two projects in Jharkhand and Karnataka which it says "are making steady progress".

Once the amendments come into effect, the market regulator will also be allowed to regulate chit fund schemes.

This led to investors becoming richer by Rs 1 lakh crore today as total market capitalisation of BSE rose to Rs 64,90,805.42 crore.

Unilever paid Rs 600 per share, valuing the transaction at about £2.45 billion.