Business

The 30-share BSE gauge closed marginally higher by 8.36 points or 0.02 per cent at 40,802.17. The index swung between a high of 41,093.99 and a low of 40,707.63 during the day.

Vodafone Idea which is reeling under massive debt of around Rs 1.17 lakh crore had earlier cited acute financial stress on the company behind the decision to raise mobile call and data charges.

Of the three key people involved in the racket, a man was arrested and remanded to judicial custody and two others are yet to be traced, the department said.

For the first time, electricity demand growth in India has dropped, slowing down manufacturing sector, slipping along the record drop in global coal power generation and the rise of renewables.

The Union Cabinet chaired by Prime Minister Narendra Modi also approved the prevention of fiscal evasion and avoidance with respect to taxes on income between the two countries.

Yes Bank Ltd shares climbed 9% on news that the board is meeting on 29 November to consider raising of funds by issue of equity/equity-linked securities.

This order comes closely on the back of orders received from various state transport undertakings recently, the company said in a regulatory filing.

Shares of Ashoka Buildcon hit a high of Rs 104.40 in morning trade but later pared gains to trade at Rs 98.35 at 10:04 am, up 5.5% from its previous close.

Sitharaman said if a financial institution in the present situation has a name ending with 'Bank' doubts are raised on the functioning of it and heaped praise that City Union Bank has been functioning steadily for the last 115 years.

Special Judge Ila Rawat sent him to the agency's custody and allowed him to carry his spectacles, prescribed medicines and a mattress. The application for food from home was dismissed.

Last month's ruling gave telecom operators three months in which to pay overdue levies and interest, putting at risk the operations of both Vodafone Idea and Bharti.

Bharat Petroleum Corp. Ltd (BPCL) shares fell as much as 3.2% in intra-day trade on Thursday, i.e. 21 November, after the cabinet gave an in-principle approval to the government to sell its stake in the company.

Prasad said telecom companies owe the government Rs 92,642 crore in unpaid licence fee, and another Rs 55,054 crore in outstanding spectrum usage charges.

'Just like we operate flights to Dubai, we can operate flight to Ras Al Khaimah,' SpiceJet MD Ajay Singh said, adding that bilateral rights between Indian cities and Ras Al Khaimah are thin.

Infosys in October had informed the stock exchanges of having received anonymous whistleblowers' complaints alleging certain unethical practices by the top management to boost short-term revenue and profit.

The 30-share index, which opened on a firm note, turned negative in afternoon session before ending 72.50 points, or 0.18 per cent, down at 40,284.19.