Business

The U.S. defence firm is competing with Boeing's F/A-18, Saab's Gripen, Dassault Aviation's Rafale, the Eurofighter Typhoon and a Russian aircraft to supply the Indian air force with 114 combat planes in a deal estimated to be worth more than $15 billion.

The biggest gainers in the Sensex pack were IndusInd Bank, NTPC, SBI, Reliance Industries, ICICI Bank, Vedanta, Axis Bank, Tata Steel, PowerGrid, ONGC and Infosys, rising up to 1.35 per cent.

The eligible participants should submit their offers in electronic format on the RBI Core Banking Solution (E-Kuber) system on January 17.

Dilution of government stake will help banks to meet 25 per cent public float norms of market regulator Sebi. Some of the public sector banks have government's holding beyond 75 per cent.

The strength of the US dollar against other overseas currencies weighed on the domestic currency while easing crude prices supported the domestic unit.

As per the ICPA circular, the members have been asked to not accept duty to replace a pilot opting out at the last minute unless intimated at least 12 hrs in advance.

Forex dealers said weakness in the dollar against some currencies overseas supported the domestic unit, but rising crude oil prices and foreign fund outflows capped the rise.

The revised rates for petrol and diesel in Karnataka are Rs 70.84 per litre and Rs 64.66 per litre, respectively.

The drop in OPEC output in December is the largest month-on-month decline since January 2017, the first month of the earlier supply-cutting deal, according to Reuters surveys.

Some of the big cases such as Bhushan Power and Steel Ltd and Essar Steel India Ltd are in advanced stages of resolution.

The 80-year-old Vijaypat Singhania, transformed a small textile business into a household name in India, and the Raymond Group today claims to be the world's biggest producer of high-quality worsted wool suits.

Lower opening of domestic equities, the strengthening of the dollar and sustain fund outflows weighed on the local unit.

The 25-year-old airline is facing financial difficulties and owes money to pilots, lessors and vendors. The deadline for the payment was Dec. 31, 2018.

There are various applications of fluoroelastomers such as in hydraulic seals, check valve balls, electrical connectors, automotive use in shaft seals, fuel injector, and aerospace use and fuel tank bladders.

Foreign fund outflows and higher crude oil prices weighed on the local unit and capped the up-move

The House later passed supplementary demand for grants for the current fiscal to provide additional expenditure of Rs 85,948.86 crore, about half of which is for capital infusion in public sector banks.