Business

The wide-based NSE index Nifty advanced 1.70 points to 6,494.90.

The Competition Commission has ordered an investigation against Indian Railways and its arm IRCTC for alleged unfair practices related to compulsory sale of food to travellers on some trains and ticket booking.

Beleaguered Sahara Chief Subrata Roy on Wednesday challenged before the Supreme Court his detention order passed by a two-member bench calling it "illegal and unconstitutional" and demanded his release.

According to the report, India can aspire to capture almost 7 per cent of the African IT services market.

India is likely to grow by 5.6 per cent in 2014-15 against a projected growth of less than 5 per cent in the current fiscal, a report by India Ratings and Research has said.

The rupee ended at 61.11, a sharp rise of 64 paise - the biggest daily gain since November 18, 2013 when it rose 70 paise.

Dealers attributed the fall in rupee to dollar's gains against the euro and yen overseas.

The promotional offer is available for booking at airline's website as well as via AirAsia's mobile apps.

Forex dealers said euro's gains against the US dollar in the overseas market also supported the rupee.

The Infosys co-founder said he was working on bringing a "certain level of cost optimisation" in the company.

The core banking solution (CBS) system of the bank is based on Finacle used by many other banks.

The Centre has provided Rs 838.07 crore as part of equity investment in the corporation.

Assocham said that the model of user charges of the private sector built airports can be examined for the roads as well.

The BSE index, which had gained 114 points in last two sessions, plunged 255.14 points.

The sensex resumed higher at 20,449.83 and hovered in a a range of 20,506.51 and 20,429.83 before quoting at 20,498.34 at 10:30 AM.

Minister of Railways Mallikarjun Kharge announced 72 new trains, extension of three trains and increase in frequency of 3 trains.