Business

Mukesh Sabharwal, the chairman of the nomination and remuneration committee and former interim CEO, Ajai Kumar, both quit on Tuesday citing personal reasons.

Goldman Sachs attributed the downgrade to Sun Pharma’s spending in speciality pharma which will impact the company’s profit growth in future.

Analysts said investors took positive cues from upbeat global markets amid easing global trade war concerns after the US dropped plans to impose tariffs on Mexico.

The local currency also gained strength amid the weakening of the greenback in overseas markets.

The government is scheduled to present its first full Budget on July 5, for the current financial year.

The fee will rise from Rs 130 to Rs 150 for each Indian passenger and around Rs 225 to Rs 336 for each foreign passenger.

The new service is part of Walmart's drive to expand its shopping options that include curbside pickup and online grocery delivery.

NCLAT has issued notices to the CoC and resolution professional of the company directing them to file their replies in next two weeks.

Currently, RBI levies minimum charges on banks for transactions routed through RTGS and NEFT systems. Banks, in turn, levy charges on their customers.

The company has launched the model for sustainable management of MLP waste on an end-to-end basis in partnership with SWaCH and the Pune civic body, an official release said.

Hitachi Building Systems Co. Ltd and Hitachi Lift India Pvt. Ltd, which is in charge of sales and maintenance service for elevators and escalators in India, will supply elevators for large-scale office buildings.

The broader Nifty was up 0.56% at 12,012.20 as of 0513 GMT, while the benchmark Sensex rose 0.53% to 40,041.25.

Of these 17 planes, 12 are Airbus family aircraft, three Boeing 777s and remaining two B787s.

The Mumbai-based company will develop a secure application to manage the access control devices, network devices and the AFSAC card through a data centre, it said.

The S&P BSE Sensex closed 382.87 points or 0.97 per cent lower at 38,969.80 and the broader Nifty fell by 119.15 points or 1.01 per cent. The Bank Nifty and the Nifty index also hit a 52-week high.

Abu Dhabi-based Etihad Airways submitted its sealed bid to acquire a minority stake in Jet Airways with a lot of riders that involved finding more investors, leaving little hope for the airline's survival.