Business

The Reported operating profits (EBITDA) stand at Rs 87.2 crore vs a loss of Rs 39.3 crore last year.

At the Interbank Foreign Exchange (Forex) market, the domestic currency resumed lower at 58.72 from last close of 58.63.

The NSE Nifty eased by 22.60 points to close the day at 7,252.90.

The government on cleared private equity major KKR's proposal to acquire stakes in two pharmaceutical companies in deals worth over Rs 1,400 crore, including 38 per cent stake buy in Gland Pharma.

In a brief hearing, the bench was informed that pleadings in the matters have been completed and now they can be listed for final hearing.

According to the study China is all set to overtake US as the world's number one economy.

After swinging sharply during the day, the index lost 18.85 points to close at 6696.40 and the Sensex was down 48.39 points to 22417.80.

At the Interbank Foreign Exchange (Forex) market, the domestic unit commenced at 61.06 but declined to a low of 61.15.

Air India declared its intent to sell three of its Boeing 777s for mopping up resources to stem its liabilities.

IOC, the country's top refiner, has put off any hike in diesel prices due to elections that began on April 7.

Dealers said initial dollar selling by exporters and strong local equities helped the local currency rise.

The Reserve Bank of India on Tuesday released it bi-monthly monetary statement keeping the repo rate unchanged at 8 per cent.

The RBI also warned that failure to elect a stable government in the coming elections will accentuate "downside risks to growth".

Gurgaon-based SpiceJet, announcing 'Super Holi Sale', said its "fares start at Rs 1,999 on select routes for travel between April 14 and June 30.

About 1239 shares advanced, 1529 shares declined, and 172 shares were unchanged.

'This is a dishonourable proposal. It is a big insult that you have asked us to assemble and you do not have a proper proposal,' the court said.