Business

Traders will also watch the domestic stock market moves for direction during the day.

Michael Corbat, previously chief executive for Europe, Middle East and Africa, was named to replace Pandit, the statement said.

During the day, shares of the company lost 4.85 per cent at Rs 206.70. At NSE, the scrip closed at Rs 207.70, down 4.42 per cent.

Ahluwalia disagreed with the view that the government was taking reform measures to please foreign rating agencies.

Arvind Kejriwal on Tuesday demanded a probe by retired Supreme Court judges into the business relationship between Robert Vadra and DLF.

Kingfisher Airlines employees will be marching from India Gate to Jantar Mantar on Tuesday.

Earlier, the airline had planned flights to destinations in Australia and southeast Asia.

Objecting to putting their name in bad light, the Birlas sent a legal notice to filmmaker Prakash Jha.

The NSE had blamed abnormal orders placed by stock broker Emkay Global for the crash and claimed there were no technical glitches in its system.

By March 2013, the state-owned airline will have taken eight of the 27 Dreamliners it ordered in 2005.

At 9.02 am local time, the rupee was at 51.43/45 as against 51.74/75 Thursday close.

ICICI Prudential has entered into a partnership with Syndicate Bank for distribution of its mutual fund schemes.

The RBI Deputy Governor said both India and China are affected by the global economic slowdown but India being a domestic consumption driven economy could recover faster.

According to Budget estimate, the gross market borrowing is planned Rs 5.69 lakh crore for 2012-13.

The rupee fell as the American currency gained against euro in the global markets.

The fall was due to profit-booking mainly in metal, PSU and capital goods stocks, amid a fall in global markets.