Business

The State Bank of India is the only authorised bank to issue such bonds. A person can buy electoral bonds, either single or jointly, with other individuals.

The CCD deal aims to give Coca-Cola significant scale in the fast-growing café business as the aerated soft drinks segment has been slowing down.

After swinging over 200 points within the first 15 minutes of trade, the 30-share index pared opening losses to trade 111.08 points, or 0.28 per cent, higher at 39,546.02.

The association also stressed on a performance-based mechanism for BSNL employees so that good performers can be rewarded and non-performers be made accountable.

Citing the vulnerability of local mills, the Steel ministry said the nation's steel sector needs 'protection from unfairly traded cheap steel imports' as well as lower input costs.

SBI Chairman Rajnish Kumar on Thursday had defended the lenders' decision to take Jet Airways for bankruptcy, saying it was a 'last effort to find a resolution' for the grounded airline.

Lakshmi Vilas Bank had announced its deal with Indiabulls Housing Finance in April this year with an intent to create a combined entity with a larger capital base and wider geographical reach.

The Jet Airways stock hit a high of Rs 81.70 and a low of Rs 37.80 in the Friday session. At 12:45pm, it was trading at Rs 71, up 13% from its previous close.

Overall, there is clear evidence of economic activity 'losing traction' with the GDP growth in the fourth quarter of the last financial year slowing to 5.8 per cent, Shaktikanta Das said.

Apollo Hospitals Enterprise sold its 50.8% stake in Apollo Munich Health Insurance to HDFC for Rs 13,336 crore in a transaction that would lead to an HDFC-Apollo Munich merger.

Bernard Arnault, the CEO of Louis Vuitton became the third person to join the club, after Jeff Bezos and Bill Gates, when LVMH shares on Tuesday climbed 2.9% to a record 368.80 euros apiece.

The central agency had filed a money laundering case in February this year and had twice raided a number of former executives in order to obtain additional evidence.

The stock has lost over 70% of its value in the last year, with a major portion of the correction happening after former chairman Rana Kapoor was asked to step down by the Reserve Bank of India (RBI) earlier.

The scrip plummeted 40.78 per cent to close at Rs 40.45 on the BSE. During the day, it tanked 52.78 per cent to hit an all-time low of Rs 32.25.

With the addition of 62 new flights, Vistara will now operate direct flights from Mumbai to 10 cities, adding Ahmedabad, Chandigarh, Chennai and Varanasi to the six other cities it already flies to from India's commercial capital.

At present, Air India has a codeshare partnership with Kenyan Airways, which operates a daily service between Mumbai and Nairobi.