New Delhi, Nov 27 (PTI) Following are the top business stories at 2040 hours:
DEL12 BIZ-2NDLD ADANI-CHARGE
* Gautam Adani faces no bribery charges: Adani Group
New Delhi: Embattled billionaire Gautam Adani and his aides have not been charged under the US Foreign Corrupt Practices Act, an Adani Group entity said on Wednesday, adding that they faced three other charges, including securities and wire fraud that are punishable with monetary fines. *
DCM70 BIZ-PMEDRIVE-SUBSIDY
* Govt notifies second phase of PM e-Drive to extend subsidies on cargo three-wheelers
New Delhi: Buyers of cargo electric three-wheelers will continue to avail the subsidy benefit as the government has advanced the second phase of incentives for such vehicles under the Rs 10,900-crore PM e-Drive Scheme. *
DEL39 BIZ-LD-STOCKS
* Sensex rises by 230 pts on gains in Adani stocks, select blue-chips
Mumbai: Benchmark BSE Sensex climbed 230 points in a volatile session on Wednesday following gains in Adani group stocks and foreign fund inflows. *
DEL65 BIZ-LD RUPEE
* Rupee falls 11 paise to settle at 84.40 against US dollar
Mumbai: The rupee depreciated by 11 paise to close at 84.40 against the US dollar on Wednesday amid uncertainties surrounding US President-elect Donald Trump's trade policies and an increase in crude oil prices. *
DEL52 RSQ-AIRLINES-HOAX CALLS
* Airlines received 994 hoax bomb threats till Nov 13 this year: Govt
New Delhi: Airlines received 994 hoax bomb threats this year till November 13 and robust protocols are in place to handle such threats, the government has said. *
DCM32 LSQ-RATION SHOPS
* Govt has no plan to hike margins for ration shop dealers: Joshi
New Delhi, Nov 27 (PTI) Food Minister Pralhad Joshi on Wednesday said the Centre has no immediate proposal to increase the margins for fair price shops (FPS) dealers under the Targeted Public Distribution System (TPDS). *
DEL49 BIZ-GOLD-PRICE
* Gold gains Rs 650 to Rs 78,800 per 10 grams; silver sees steepest single-day jump
New Delhi: Bullion prices rebounded after two days of sharp fall with silver logging its steepest single-day gain of Rs 5,200 to hit Rs 95,800 per kg on Wednesday amid strong global trends and buying rush from local jewellers. *
DEL37 BIZ-STOCKS-LD ADANI
* Adani Group firms surge; Adani Total, Adani Power soar nearly 20 pc
New Delhi: Shares of all Adani Group firms ended sharply higher on Wednesday, with Adani Total Gas and Adani Power soaring nearly 20 per cent, bouncing back from the previous day's fall. *