Business highlights

Business highlights

New Delhi, Nov 22 (PTI) Following are the top business stories at 2050 hours: DEL75 BIZ-2NDLD RBI-DAS Tougher unsecured loan norms a preemptive move, in interest of sustainability: RBI Guv Mumbai: Reserve Bank of India Governor Shaktikanta Das on Wednesday said the central bank's tougher stance on unsecured loans earlier this month is a 'preemptive' move in the interest of sustainability.

DEL73 BIZ-LD STOCKS Markets settle with modest gains in highly volatile trade Mumbai: Equity benchmarks Sensex and Nifty eked out marginal gains to settle in the positive zone after a highly volatile trade on Wednesday, helped by buying in index majors Infosys, ITC and Reliance Industries.

DEL118 BIZ-LD RUPEE Rupee falls 4 paise against US dollar Mumbai: The rupee consolidated in a narrow range and settled lower by 4 paise at 83.32 against the US dollar on Wednesday, tracking a strong American currency overseas.

DEL116 BIZ-LD PATANJALI-ADVERTISEMENT Not making any false ad, ready for even death sentence if found guilty: Patanjali Ayurved New Delhi/Haridwar: Baba Ramdev-led Patanjali Ayurved on Wednesday said it was not making any 'false advertisements or propaganda' regarding its products, and said it would not object if the Supreme Court were to impose a fine or 'even give us a death sentence' if found making misleading claims.

DEL66 BIZ-RBI-DAS-RUPEE Rupee volatility low, exhibited orderly movements relative to peers: RBI Guv Mumbai: Reserve Bank of India Governor Shaktikanta Das on Wednesday said the rupee has witnessed 'low volatility' and orderly movements as compared to its peers.

DCM56 BIZ-SBI-UNSECURED LENDING SBI's unsecured lending to see moderation after RBI's tightening: Chairman Mumbai: SBI Chairman Dinesh Kumar Khara on Wednesday said there will be 'moderation' in the bank's unsecured lending portfolio following the Reserve Bank of India's tightening of norms.

DEL103 BIZ-IPO-LD TATATECH Tata Tech IPO fully subscribed within minutes of opening for bidding; ends with 6.54 times subscription New Delhi: The Initial Public Offer (IPO) of Tata Technologies, which provides engineering and product development digital services, was fully subscribed within minutes of opening for bidding on Wednesday and finally ended with 6.54 times subscription.

DEL68 BIZ-GOLD-PRICE Gold rises Rs 50; silver remains flat New Delhi: Gold price rose Rs 50 to Rs 62,200 per 10 grams in the national capital on Wednesday amid gains in precious metal's price in international markets, according to HDFC Securities. PTI SHW

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