BUSINESS HIGHLIGHTS

pti-preview-theweek

New Delhi, Dec 23 (PTI) Following are the top business stories at 2145 hours:

     DEL32 BIZ-MARKET-BUDGET
     * Budget on Saturday, stock markets to remain open for trading: BSE, NSE
     New Delhi: Stock markets will remain open for trading on February 1, Saturday, when Finance Minister Nirmala Sitharaman presents the Union Budget, bourses BSE and NSE said on Monday. *


     DCM86 BIZ-TRAI-TARIFF
     * Trai new rule mandates telcos to issue recharge voucher for only voice, SMS
     New Delhi: Telecom regulator Trai on Monday amended tariff rules to mandate mobile service providers to issue a separate plan for voice calls and SMS for customers not using data. *


     DCM82 BIZ-AGRI-CHOUHAN
     * Govt working on new scheme to help farmers transport farm produce to other states, mkts: Agri Min
     Pune: The Centre and state governments are working on a new scheme to help farmers transport the farm produce to other states and markets, Union Agriculture Minister Shivraj Singh Chouhan announced on Monday. *


     DCM42 BIZ-LD ADANI-ACQUIRE
     * Adani Group to acquire Air Works for enterprise value of Rs 400 cr
     New Delhi: Adani Group on Monday said it will acquire aviation maintenance, repair and overhaul (MRO) services firm Air Works for an enterprise value of Rs 400 crore. *


     DCM43 BIZ INDIA SWISS FTA
     * MFN status suspension not to delay implementation of EFTA trade pact with India: Switzerland
     New Delhi: The Swiss decision to suspend the most favoured nation clause in the Double Taxation Avoidance Agreement will not delay the ratification and implementation of the already signed trade agreement between India and the EFTA bloc, Switzerland has said. *


     DCM76 BIZ-IPO-MAMATA MACHINERY
     * Mamata Machinery IPO garners whopping 194.95 times subscription on final day of share sale
     New Delhi: The initial public offering of packaging machinery manufacturer Mamata Machinery Ltd fetched a whopping 194.95 times subscription on the final day of share sale on Monday. *

    
     DCM48 BIZ-ICAI-BYJUS
     * ICAI's disciplinary committee probing alleged auditing lapses in Byju's case
     New Delhi: Chartered accountants' apex body ICAI President Ranjeet Kumar Agarwal on Monday said its disciplinary committee is investigating alleged auditing lapses at edutech firm Byju's. *

    
     DEL46 BIZ-CHHATTISGARH-INVESTMENT
     * Chhattisgarh receives investment proposals of Rs 15,000 cr
     New Delhi: Chhattisgarh has attracted investment proposals worth Rs 15,184 crore by top companies in various sectors, including semiconductor, EV and renewable energy, an official statement said on Monday. *


     DEL41 BIZ-LD STOCKS
     * Markets stage sharp recovery after five days of fall; Sensex climbs 500 points
     Mumbai: Equity benchmark indices Sensex and Nifty rebounded sharply on Monday after five days of steep decline amid value buying at lower levels and a supportive trend in global markets. *


     DEL69 BIZ-LD RUPEE
     * Rupee falls 7 paise to close at 85.11 against US dollar
     Mumbai: The rupee depreciated 7 paise and settled for the day at 85.11 against the US dollar on Monday, amid continued strength in the dollar index bolstered by the Fed's policy stance. *


     DEL10 BIZ-YEAR-AVIATION
     * More planes, flights, airports to brighten Indian aviation in 2025; supply chain shadows remain
     New Delhi/Mumbai: The trails of mega-mergers, tailwinds of expanding fleets, flights and airports will dot the fast-growing Indian aviation firmament in 2025, though the dark clouds of supply chain woes will persist longer. *


     DEL44 BIZ-GOLD-PRICE
     * Gold snaps 3-day losing run, climbs Rs 570 to Rs 78,700 per 10 gm
     New Delhi: Gold prices recovered Rs 570 to Rs 78,700 per 10 grams in the national capital on Monday amid value buying by stockists and investors following a firm global trend, according to the All India Sarafa Association. *

(This story has not been edited by THE WEEK and is auto-generated from PTI)