Business

Nissan appointed Sinan Ozkok as the President of the Indian operations and will be based out of Gurgaon.

Jet Airways stock had fallen as much as 9 per cent in early trade on Monday, but it cut most of its losses to trade at Rs 123.70, down 1.4 per cent, at 2pm.

A series of defaults at lender IL&FS last year raised concerns about the country's shadow banking industry, or so-called non-banking finance companies (NBFC).

Azim Premji’s role has been pivotal in guiding the company through four decades of diversification and growth to emerge as one of the world leaders in the information technology (IT) industry.

The world's 11th largest economy posted a current account deficit of $660 million in April, figures from the central Bank of Korea showed.

The flights on Mumbai-Dammam route and Chennai-Kuala Lumpur would begin from July 5 and 15, respectively, as per the airline.

Top Sensex gainers in the early session include Hero MotoCorp, Asian Paints, Bajaj Auto, HUL, HDFC twins, PowerGrid, TCS and Bajaj Finance, rising up to 3 per cent.

Sitharaman will take over the finance ministry when there is pressure from industry for the government to provide some stimulus to halt a worrying slowdown in India's $2.7-trillion economy.

Coal India’s consolidated sales rose 7.9% year-on-year to Rs 26,704.2 crore during the March quarter.

The Telecom Regulatory Authority of India (Trai) has been in favour of review of licence fees, spectrum usage charges and the universal service obligation fund levy to enhance the overall ease of doing business.

Besides, strength in dollar against some major rival currencies, foreign fund outflows and heavy selling in domestic equities also kept pressure on the Indian rupee.

Suresh Kumar will directly report to Walmart President and Chief Executive Officer Doug McMillon.

During the first half of the previous fiscal, banks recovered Rs 60,713 crore from bad loans.

Dewan Housing Finance Corporation (DHFL) offered FDs to the public for tenors ranging from 12 months to 120 months with interest rates in the range of 8.2-9.25%.

At the interbank foreign exchange, the domestic unit opened almost flat at 69.70 against the dollar and then it strengthened by 5 paise to quote at 69.67 in early trade.

The UN report said that India's exports remain more robust, as around half of exports are destined for faster-growing Asian markets, while geopolitical risks continue to confront Afghanistan and Iran.