Business

The $14-billion JSW Group, owned by Parth's father Sajjan Jindal, has presence in core sectors of steel, energy, cement and infrastructure.

Forex traders said positive domestic equities and weak US currency supported the local unit, while foreign fund outflows and concerns over rising COVID-19 cases weighed on investor sentiment.

The market valuation of Infosys jumped Rs 18,104.7 crore to reach Rs 3,18,648.65 crore and that of Hindustan Unilever Limited (HUL) advanced Rs 14,614.2 crore to Rs 5,06,198.81 crore.

A total of 25,446 Chinese made electronic and Fast Moving Consumer Goods were seized from the warehouse on Old Airport Road during the recent raids, a department press release said.

Importing raw materials that were not available in the country and needed for our industries was not wrong, shesaid addressing the BJP's Tamil Nadu unit workers via a virtual link.

The latest data showed that during September 2017-April 2020, around 3.35 crore (gross) new subscribers joined the Employees' Provident Fund Scheme.

The rupee opened at 75.76 against the US dollar, but gathered strength and closed at 75.65, higher by 7 paise over its previous close.

Johnson & Johnson has faced thousands of lawsuits across the United States alleging it failed to warn consumers of the risk of cancer from asbestos in its talc-based products.

Compared to last year, Indian refiners' crude processing however tumbled by 24.2% in May to 16.35 million tonnes, the data showed.

Operations at two rigs operating in the firm's prime Mumbai High and Bassein fields off the west coast were temporarily suspended after the company's testing rigour detected coronavirus positive cases, officials said.

Diesel price on Sunday hit a fresh record high after rates were hiked by 60p per litre, while petrol price was up 35p, taking the cumulative increase in rates in 15 days to Rs 8.88 a litre and Rs 7.97, respectively.

Reliance Industries Ltd (RIL) was the star performer in the top-10 list, as its market valuation zoomed Rs 1,08,213.62 crore to Rs 11,15,418.03 crore during the week.

The committee is chaired by noted banker Uday Kotak and was constituted in August 2017. He is also the Executive Vice Chairman and Managing Director of Kotak Mahindra Bank.

All the major S&P sectors rose with technology and financials providing the biggest boost to the benchmark index.

Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.

The company said protests at several of its locations continued on Thursday too that resulted in shutting down of its many on-field installations.