Business

The panel had its first meeting which discussed dual citizenship and strengthening and streamlining of system so that economic offenders do not run away from the country.

In a region-wise analysis of management institutions, the report observed that west India held a leading position with 17 per cent higher compensations than the average salary recorded.

Tesla shares were at $307.20 in after-hours trading on Monday from Friday's close of $318.87.

The Insolvency and Bankruptcy Code (IBC) resolution process has greatly helped Punjab National Bank, which was hit by nearly $2 billion fraud allegedly carried out by jeweller Nirav Modi and his associates, he said.

Meanwhile, the benchmark BSE Sensex rose by 244.84 points, or 0.69 per cent, to 35,902.70 in morning trade.

On July 2, the rupee had hit its life-time closing low of 68.80 a dollar.

"A bad Brexit deal would cost Jaguar Land Rover (JLR) more than 1.2 billion pounds profit each year. As a result, we would have to drastically adjust our spending profile," JLR CEO Ralf Speth warned in a statement on Wednesday.

HDFC Chairman Deepak Parekh, however, made it clear that at HDFC Ltd, the board and its present Vice Chairman and CEO Keki Mistry have agreed that Parekh will continue in this role for a period of three years, subject to shareholders' approval.

The Mumbai-headquartered group is considering separating the salt and branded lentils businesses of Tata Chemicals Ltd. and folding them into Tata Global Beverages Ltd

Asian stocks were trading lower, as trade tensions between the US and its trading partners still continues to be a key concern for investors.

Foreign inflows in the country grew by 8.67 per cent in 2016-17, 29 per cent in 2015-16, 27 per cent in 2014-15, and 8 per cent in 2013-14.

GC Chaturvedi is a retired IAS officer from the Uttar Pradesh cadre (1977 batch) and has served as the secretary of ministry of petroleum and natural gas starting May 3, 2011.

The development assumes significance amid reports that insurance behemoth LIC is mulling acquiring a majority stake in the debt ridden state-owned bank.

Consistent dollar demand from banks and importers, mainly oil refiners, following higher crude oil prices kept the rupee under pressure.

The walk-in interviews will be held on 25, 27 and 29 June, 2018

The benchmark BSE Sensex fell by 50.91 points, or 0.14 per cent, to 35,381.48 in opening trade.