Business

Nifty added 78.95 points, or 1.44 per cent, to 5,550.75.

Ashok Vemuri was considered to be a contender for the top job at the company when current Chief Executive's term ends in 2015.

The currency had touched a record low of 65.56 per dollar Thursday, but later on, it had managed to recover from that level to close at 64.55.

TRAI said its recommendations pertain to three segments of the broadcasting sector - broadcast carriage services, television content services and FM radio services.

The Board has appointed P R Ramesh as the "Officer on Special Duty" (OSD) to exercise all powers of a CEO of the Company.

The RBI's measures have raised fears of outright capital controls that would further undermine the confidence of foreign investors.

Abu Dhabi-based Etihad has a unique airline-cum-airport strategy that is likely to change the way Jet operates.

The proposed Bhartiya Mahila Bank will be headquartered in New Delhi and will start with six branches across the country.

Chief Economic Advisor Raghuram G Rajan has been appointed as the next Governor of the Reserve Bank of India (RBI).

While the tickets must be booked on or before August 9, travel must commence on or after August 10.

Jet Airways has made 'major' changes in their revised shareholder agreement to comply with FDI policy norms, said sources.

The CBI had alleged that RTL had used Swan Telecom as its front company to get licenses and the costly radio waves.

New Delhi is considering the time-tested recipe of raising money from NRIs via debt or deposits.

Investors became richer by Rs 40,000 crore with market capitalisation standing at Rs 66.32 lakh crore as around 1,150 stocks gained on the BSE on good buying.

Gupta was sentenced in October to two years in prison for passing confidential information gained from his position as a Goldman director.

It happened a day after Federal Reserve Chairman said the US central bank will keep a loose monetary policy.