Business

The 30-share Sensex, which lost 344 points Thursday, fell further by 297.40 points, or 0.88 per cent, to 33,392.69.

The Board of Directors of IDFC Bank at its meeting on Wednesday decided to seek approval of the Reserve Bank of India to rename the bank as 'IDFC First Bank Limited'.

Mistry Ventures will bring in Ashish Iyer, Senior Partner and previously Global Leader, Strategy Practice at the Boston Consulting Group to lead the firm.

The banking sector had non-performing assets (NPAs) or bad loans worth over Rs 9.61 lakh crore by the end of 2017-18, according to government data.

Tata Sons is in the process of transferring the consumer mobile business of Tata Teleservices to Bharti Airtel and hiving off the enterprise segment to merge with the group's networking arm Tata Communications.

The 30- share Sensex soared 267.26 points, or 0.76 per cent, to 35,429.74. It had rallied 1,161 points in the previous three sessions.

Dealers attributed the rupee's fall to the dollar's strength against some other currencies overseas but fresh inflows by foreign funds and a higher opening in domestic equity markets, capped the losses.

India had contracted to import about 25 million tonnes of crude oil from Iran in the fiscal year 2018-19 (April 2018 to March 2019), up from 22.6 million tonnes imported in 2017-18.

Tata Motors said allegations will be taken up for investigation by the Internal Complaints Committee as per law.

The 30-share Sensex climbed 639.80 points, or 1.88 per cent, to 34,640.95 with all the sectoral indices trading in the positive zone.

IDBI Bank CEO and MD Rakesh Sharma retired from Canara Bank as the managing director and chief executive officer after serving for a period of three years.

This upscale property, overlooking the Regent Park, was used by Mallya as his family home. He wanted to turn the site into a palatial property, according to UBS' attorney Thomas Grant.

According to the partnership, Razorpay along with banking partner HDFC has enabled customers to make UPI payments through UPI supported apps that are already installed on people's phones.

The RBI also conveyed in the meeting it was not willing to extend the deadline for compliance to the directive.

The rupee made a cautious recovery of 18 paise to 73.88 against the dollar in early trade.

This is the first time Dharmendra Pradhan has spoken about India's stand on buying Iranian oil once the US sanctions on Iran come into force from November 4.