Business

Active participants refrained from long positions in the absence of fresh triggers.

An outcome is expected soon, the person said, cautioning that no final agreement had been reached and negotiations could still break down.

Dreamliners operated by the national carrier were flown to Mumbai for maintenance reasons, the DGCA said.

Railways expect to generate Rs 7000 crores revenue from internal generation and Rs 18,000 crores from market borrowing next financial year.

Bankers, however, did not say by how much or how soon they will reduce their lending rates.

The Sensex rebounded over 150 points aided by auto stocks that flared up post Maruti Suzuki quarterly number.

The agency said that it is taking up the probe against each and every company which has been allocated coal block since 1993.

The funding is offered in a competition aimed at more than 1,700 entrepreneurs, social activists and "positive disruptors".

After 50 per cent reduction, pan-India 5MHz of 800 MHz spectrum (CDMA radio waves) will now cost Rs 9,100 crore.

Expectations for a rate cut had gathered momentum after headline inflation slowed to its lowest level in three years.

Infosys shares extended their rally on Monday, gaining more than 4 per cent, as Barclays raised its rating on the stock.

Rupee had lost 19 paise to close at 54.76 against the dollar on Friday on weak industrial production data.

Bank of America Corp is also in the process of cutting 30,000 jobs across the firm in a plan unveiled in 2011.

The civil aviation ministry said the committee is expected to submit its report within two months.

Kingfisher had to suspend its entire operations in October after many months of frequent disruptions.

On his post-retirement plans, Tata has said he will spend time on technology which is quite a passion for him.