Business

Trading sentiments in India were hit by the precious metal's sharp correction in overseas markets in the last three days.

CII Director General said the industry body hopes the RBI will relook at its monetary policy in the light of latest IIP figures.

Factory output, as measured by the Index of Industrial Production (IIP), had grown by 4.3 per cent in February last year

The High Court also directed Vodafone and Idea Cellular not to add new customers for providing 3G services.

Government in the previous two rounds of spectrum auction was able to sell airwaves for around Rs 13,000 crore.

The source said the dispute would likely delay finalising the deal but not derail it.

India will no longer force mills to sell sugar to the government at a discount and will not limit the amount they can sell in the open market.

In the money market, the rupee has also touch fresh one month low in sync with the global dollar strength that has weakened all Asian currencies.

Over 40 countries including China, Russia and Taiwan have granted a patent for Novartis' Glivec.

The move comes a day before the commencement of the IPL in which airline promoter Vijay Mallya owns the Royal Challengers Bangalore team.

Mittal, whose name was not mentioned in the CBI's charge sheet as an accused, was, however, summoned by the special CBI court saying there was "enough material" to proceed against him in the case.

The company will engage with TN Pollution Control Board to explain the factual position regarding emissions from the unit in Tuticorin.

During the same period in the previous fiscal year, the deficit was 94.6 per cent of the budgetary target.

Sebi has also approached the SC seeking orders for detention of Sahara Group chief Subrata Roy.

Air India, in its reply to Jain's complaint, had contended that none of the other passengers had complained.

Major stakeholder in Airtel, SingTel, says that it has full faith in Mittal's leadership despite 2G allegations.