Business

The Nifty, which was at a 52-week low, managed to end the day at 5,211.

The proposed package would be more than double his last fiscal remuneration of Rs 27.5 crore.

Chief Economic Advisor Kaushik Basu said both the govt as well as RBI are working together to check inflation.

The IMF chief Christine Lagarde said some emerging markets were facing the risk of overheating and inflation.

The National Stock Exchange Nifty index declined by 20.55 points, or 0.36 per cent, to 5,629.95.

The broad-based National Stock Exchange index Nifty moved up by 21.30 points to 5,557.90.

Bharti said that it was in the process of offloading its stake in its JV with AXA for asset management.

According to the study, reducing software piracy will stimulate spending throughout the IT value chain.

Nokia's new CEO Stephen Elop is a former Microsoft executive.

Shahid Balwa and Vinod Goenka, the promoters of Mumbai-based realty firm, have been arrested by the CBI.

The super rich in China and India also appear to be more bound to old money than British elites.

Stocks like ITC, TCS, SBI, ONGC and HUL were negative contributors to the bourses.

The shares of the Bharti Airtel fell by 4.65 per cent to touch an early low of Rs 352.40 on the BSE.

Bank shares were the worst hit as the RBI move to raise savings deposit rate will make funds costlier.

Food inflation has shot up to 8.74 per cent from 8.28 per cent in the previous week.

The court directed PwC partner Subramani Gopalakrishnan to surrender by April 30.