At the interbank foreign exchange, the domestic unit opened higher at 69.70 and further went to touch the day's high of 69.62. The local currency, however, pared gains to finally settle at 69.66, registering a rise of 6 paise over its previous close.
Senior advocate Kapil Sibal appearing on behalf of Standard Chartered Bank, a secured creditor of Essar Steel, said ArcelorMittal should not be allowed to add working capital to brighten up its final resolution plan.
Total wireless subscribers declined from 1,183.68 million at the end of Feb-19 to 1,161.81 million at the end of Mar-19, thereby registering a monthly decline rate of 1.85 per cent, says Telecom Regulatory Authority of India report.
Opening on a bullish note, the BSE Sensex marked its life-time high of 39,571.73 in the early trade and the NSE Nifty too hit its record high at 11,883.55 in opening deals.
Sources said Hinduja Group is evaluating investment in partnership UAE-headquartered Etihad Airways, which is already a major shareholder in Jet Airways.
The decision, which was taken at the meeting of the Central Board of the RBi in Chennai on Tuesday, follows a series of events including the IL&FS defaults, ICICI Bank loan issue, Punjab National Bank fraud and the liquidity issues in the NBFC sector in the last two years.
Tech Mahindra President, India Business and Corporate Affairs Sujit Baksi said the order further cements the company's role as one of the leading system integrators globally.
As per the latest circular, the regulatory body is soon expected to revise the Motor Third Party insurance premiums for the current financial year 2019-20.
Muthoot Finance will target customers in the age group of 24-58 years and working in private, state and central government jobs to avail personal loans for 1-5 years.
Jet Airways, once the biggest private carrier in the country, owes vast sums to its lessors, employees, fuel suppliers and other parties. It stopped all flights from April 17 after its lenders refused to give it any more funds to keep the carrier flying.