Business Highlights Of The Day

New Delhi, Apr 8 (PTI) Following are the top business stories at 1900 hours:

SBI seeks bids for cash-strapped Jet Airways; last date Apr 10

Mumbai/ New Delhi:State Bank of India (SBI) Monday invited bids from strategic as well as financial bidders for stake sale in ailing Jet Airways.

Rupee tumbles 44 paise to close at 69.67 vs USD
Mumbai: The rupee declined by 44 paise to close at 69.67 against the US dollar Monday amid higher dollar demand from importers and rising crude oil prices.

Sensex, Nifty end lower in volatile trade; financial, metal stocks weigh
Mumbai: Equity benchmarks Sensex and Nifty Monday faced high volatility and closed with losses as investors turned cautious ahead of the start of corporate earnings season and polling for the general elections.

Gold crosses Rs 33,000-mark, silver firms up
New Delhi: Gold prices surged by Rs 425 to Rs 33,215 per 10 gram in the national capital Monday due to increased buying by jewellers amid firm trend overseas, according to the All India Sarafa Association.

HDFC Bank plans Rs 50,000 cr fund mop-up by issuing bonds this fiscal
New Delhi: Private lender HDFC Bank Monday said it is planning to raise up to Rs 50,000 crore this financial year by issuing bonds on private placement basis.

Govt defers oil block bid deadline by a month to May 15
New Delhi: The government has again deferred the last date for bidding for oil and gas exploration blocks offered under the Open Acreage Licensing Policy (OALP) by over a month to May 15.


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