Business

"I do not make this decision lightly. I have enormous respect and appreciation for the talent and dedication of our employees worldwide and I am mindful of the personal impact of these changes," said Iger.

Providence President and Chief Executive Officer Dr Rod Hochman, Chief Information Officer BJ Moore and its India Head Murali Krishna met Rama Rao Wednesday.

The company's comments came a day after Gandhi alleged in Lok Sabha that "Mumbai airport, was taken away from GVK using agencies such as the CBI and the ED, and was given to Adani by the Government of India".

Wednesday's MPC meeting is the last one for this fiscal.

However, investors remained concerned over rising crude prices in the overseas markets and persistent foreign capital outflows, forex traders said.

The 30-share BSE Sensex jumped 360.77 points or 0.60 per cent to 60,646.81 points, while the broader NSE Nifty climbed 121.60 points 0.69 per cent to 17,843.10 points in early trade.

The CAGR of GVA by the services sector in the State was 12.81% between 2014-15 and 2022-23, 2.36 percentage points higher than the All-India average of 10.45%.

Adani Enterprises opened on a weak note at Rs 1,597.95, then fell further to Rs 1,433.60, registering a fall of 9.50 per cent over its previous close. It was later trading at Rs 1480.65, down 6.54 per cent on BSE.

The State government gave priority to infrastructure development and public welfare in the latest budget.

Sustained foreign fund outflows and firm crude oil prices further dented investor sentiments, forex traders said.

Besides, a weak rupee against major rivals dented the domestic equity market sentiments, traders said.

The 'IdeaPad 1' comes in Cloud Grey colour and will be available at Lenovo Exclusive stores, Lenovo.com, Amazon and across large retail stores, from February 8 at a starting price of Rs 44,690, the company said in a statement.

The exports of the country during the same period stood at $ 24,594.27 million, which is just $ 150 million more than fiscal year 2020-21.

In the analysts' call after posting its quarterly results, Cook said late on Thursday that looking at the business in India, "we set a quarterly revenue record and grew very strong double digits year over year and so we feel very good about how we performed".

India's aviation industry suffered a loss of over Rs 24,000 crore in the last two financial years during 2020-22.

The stock tanked 15 per cent to Rs 1,809.40 on the BSE.

Forex traders said investors preferred to stay on the sidelines as the US Fed policy statement was hawkish.

The 30-share BSE benchmark Sensex had fallen 492.46 points to 59,215.62 in early trade. The broader NSE Nifty declined 170.35 points to 17,445.95 in initial trade.

Adani Group company stocks have lost over USD 90 billion in value since a US short seller made damning allegations.

Gautam Adani said the interest of the investors is paramount and to insulate them from any potential financial losses, the Board has decided not to go ahead with the FPO.

Finance Minister Nirmala Sitharaman announced new income tax slab rates exclusive to those who opted the new tax regime

The Finance Minister announced a cut in customs duty on the import of certain inputs for mobile phone manufacturing. Also, customs duty on parts of open cells of TV panels would be cut to 2.5 per cent.

* Railways get Rs 2.4 lakh crore, which is the highest ever allocation to it

Sitharaman said the National Rural Livelihood Mission has achieved remarkable success by mobilising rural women into 1 lakh self help groups (SHGs).