Business

Lufthansa will replace its Boeing 747-400 with the world's longest plane B747-8 on the Mumbai-Frankfurt route, starting July 15.

The RBI said that it will shortly issue Rs 1000 denomination Banknotes incorporating rupee symbol on the obverse.

The rupee resumed higher at 60.10 as against its previous closing level of 60.21 at the Interbank Foreign Exchange (Forex) market.

Cipla has said that "essential" medicines be made available to people at affordable rates and should not be sold under "monopoly".

The low fares offered by SpiceJet, which vary from city to city, are available for travel between June 10 and August 10 this year.

Infosys on Tuesday forecast sales to grow between 7 and 9 per cent this fiscal year.

Analysts say the risk of less-than-normal monsoon rains this summer will call into question assumptions that the worst is over.

About 4.1 per cent higher exports and 31.3 per cent decline in imports helped India become net exporter of steel.

The company proposes to invest in its supply chain infrastructure and supplier development in India.

The Nifty ended at 6695.05, up 0.70 points while the Sensex was down 16.05 points at 22343.45.

About 1640 shares advanced, 1119 shares declined, and 143 shares were unchanged.

Country's largest carmaker Maruti Suzuki India (MSI) on Tuesday reported a 5.5 per cent decline in total sales in March at 1,13,350 units as against 1,19,937 units in the same month last year.

The price of petrol was on Monday cut by 75 paise per litre, the first reduction in five months, while the already unpopular monthly hike in diesel rates was put off during the election season.

Intra-day, it touched a low of 21,704.66 and a high of 21,853.25.

Toyota Motor Corp's Indian unit has temporarily closed its two plants where some workers had stopped production lines to protest a delay in salary hikes after 10 months of negotiations.

The rupee had appreciated 22 paise to close at an over seven-month high of 60.85 against the US currency.