Business

At the interbank foreign exchange market, the rupee opened lower at 69.32 and weakened further to 69.37 to the US dollar.

The latest resolution plan says that the Jet Airways requires a whopping amount of Rs 10,645 crore to sustain its operations.

The IBN, chaired by PM Khadga Prasad Oli, is a high-level fast track agency with the objective of facilitating the economic development of Nepal by creating an investment-friendly environment.

Experts attributed the continuing market rally to robust investor sentiment driven by sustained foreign fund inflows, stronger rupee, and a likely positive outcome of the US-China trade talks.

According to a senior airline official, the pilots have been found to be ordering special meals for themselves such as burgers and soups, which ultimately increase the airline's food expenses

PFC chairman and managing director Rajeev Sharma will hand over the RTGS advice to power minister R K Singh on Thursday to mark the conclusion of this acquisition deal and the money would be transferred to the government's account.

The massive Rs 14,000-crore fraud perpetrated by billionaire jeweller Nirav Modi and his uncle Mehul Choksi at the PNB was a case of misuse of messsaging software SWIFT.

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.

The bonds with a face value of Rs 10 lakh each bears a coupon rate of 9.45 per cent per annum payable annually with call option after 5 years or any anniversary date thereafter.

A surge in the price of crude oil to a four-month high of USD 67.47 per barrel overseas is said to have weighed on the Indian unit, but weakness in the dollar against a basket of currencies limited the fall.

Bayer, which denies allegations that glyphosate or Roundup cause cancer, in a statement on Tuesday said it was disappointed with the jury's initial decision. Bayer acquired Monsanto, the longtime maker of Roundup, for $63 billion last year.

He was referring to a appeal made by 108 economists and social scientists last week, expressing concerns over "political interference" in influencing statistical data in India.

L&T has also announced an open offer to the public shareholders of Mindtree to purchase up to an additional 31 percent of the outstanding shares of Mindtree at a price of Rs 980 per share in cash.

An RCom spokesperson stated that the requisite payment of Rs. 550 crore and interest thereon to Ericsson has been completed in compliance with the Supreme Court judgment.

Grappling with financial woes, the carrier has been looking at ways to raise fresh funds. The company is actively engaged with all its aircraft lessors and regularly providing them with updates on the efforts taken to improve liquidity, it said.

RCom owes a total 571 crore rupees to Ericsson, including a one-time settlement of 550 crore rupees and interest payments of 21 crore rupees.