Business highlights

New Delhi, Dec 9 () Following are the top business stories at 1815 hours:

DEL34 BIZ-PETROL-PRICE Petrol price hits Rs 75 per litre mark, diesel crosses Rs 66 New Delhi: Petrol price on Monday hit Rs 75 a litre mark for the first time in more than a year as oil firms raised rates to make up for rising cost of production.

DCM35 LSQ-OFFENCES CBI registers 14 cases of economic offences against 18 serving, former lawmakers: Thakur New Delhi: The CBI has registered 14 cases of economic offences against 18 serving and former lawmakers, Minister of State for Finance Anurag Singh Thakur informed the Lok Sabha on Monday. DEL37 BIZ-LD STOCKS Sensex rises 42 points in range-bound trade; bank, auto stocks spurt Mumbai: Market benchmark BSE Sensex rose over 42 points on Monday to close at 40,487.43, driven by buying in select bank and auto counters.Advertisement

DCM31 BIZ-HURUN-REALTY-LD RICH LIST M P Lodha, Rajiv Singh & Jitendra Virwani -- India's top 3 richest realty tycoons New Delhi: Lodha Developers' M P Lodha and family has been named India's richest real estate entrepreneur with a wealth of Rs 31,960 crore, followed by DLF's Vice Chairman Rajiv Singh and Embassy group founder Jitendra Virwani in the second and third position respectively, according to a report.


DEL49 BIZ-LD RUPEE Rupee darts up 16 paise to 71.04 against USD Mumbai: The rupee pared initial losses and settled 16 paise up at 71.04 against the US dollar on Monday amid softening crude oil prices and weakening of the greenback vis-a-vis other currencies overseas.

DCM22 BIZ-TATAMOTORS-SALES NETWORK Tata Motors to add another 100 sales outlets for passenger vehicles this fiscal New Delhi: Auto major Tata Motors plans to add 100 sales outlets for passenger vehicles by the end of the current fiscal as it aims to enhance its reach in the country, a senior company official said. DCM14 BIZ-LD VISTARA-LUFTHANSA Vistara signs codeshare agreement with Lufthansa New Delhi: Vistara has entered into a codeshare pact with German airline Lufthansa, the sixth such agreement with an international airline as the domestic full service carrier seeks to expand its overseas network. Advertisement

DCM7 BIZ-SUNPHARMA Abraxis Bioscience LLC dismisses patent infringement complaint against SPARC New Delhi: Sun Pharma Advanced Research Co Ltd (SPARC) on Monday said Abraxis Bioscience LLC has dismissed the patent infringement complaint filed against the company.




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