Business

At the Interbank Foreign Exchange market, the rupee moved between 71.68 to 71.49 during the session, before finally ending at 71.56, showing a gain of just 1 paise.

The Securities and Exchange Board of India (Sebi) has its own state-of-the-art integrated surveillance mechanism in addition to the surveillance systems of the stock exchanges.

The power producer had, on January 30, issued notices to the discoms saying it would regulate the supply to various power utilities of Telangana, Andhra Pradesh and Karnataka from February 6 for not clearing bills pending for over 60 days.

In the Sensex pack, Hero MotoCorp, IndusInd Bank, Bajaj Auto, Maruti and M&M were the top gainers, spurting up to 2.66 per cent.

The government has already sanctioned Rs 4,200 crore last month for upgradation of information technology infrastructure of Central Board of Direct Taxes (CBDT) for processing returns, refunds, faceless scrutiny and verification.

The amount, which has not been changed for the next fiscal, is meant for establishment and construction-related expenditure for the Lokpal, it said.

MUDRA, a financial institution named Micro Units Development and Refinance Agency, was set up by the government in 2015 to provide finance to non-corporate and non-farm small businesses.

Marks & Spencer was accused of using popular terminology to suit its marketing without proper research, with Indian food experts taking to social media to point out that biryani comes in a bowl and not in a wrap.

On a net basis, foreign portfolio investors (FPIs) sold shares worth a net of Rs 354.36 crore Tuesday, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 81.27 crore, provisional data available with BSE showed.

The settlement proposal presented to the consortium of lenders by the billionaire Ruia family was not 'maintainable', and it would not be illegal for the banks to reject the offer, the National Company Law Tribunal said.

After dropping over 100 points in early trade, the Sensex turned rangebound, and was trading 21.49 points, or 0.06 per cent, lower at 35,635.21. Similarly, the 50-share Nifty slipped 2.40 points, or 0.02 per cent, to 10,659.15.

The m-cap of Reliance Industries Ltd (RIL) soared Rs 40,123.6 crore to Rs 7,89,953.18 crore, making it the top gainer among the ten most-valued entities.

Coal is among the top five commodities imported by India, one of the world's largest consumers of coal, and the rise in imports of the fuel after two consecutive years of decline adds to its trade deficit.

Major gainers were Yes Bank, Tata Steel, HUL, Vedanta, SBI, Maruti Suzuki, Bajaj Fiannce, ITC, Bharti Airtel, RIL, ICICI Bank, ONGC, NTPC, PowerGrid, Axis Bank and Asian Paint, rising up to 2.03 per cent.

This is the first time since the NDA government took over that Finance Minister Arun Jaitley could not be present for the event.

Net profit rose to a record 55.86 billion Indian rupees ($785 million) for the three months to Dec. 31, from 46.43 billion rupees a year ago, the bank said.