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BUSINESS HIGHLIGHTS

New Delhi, May 8 (PTI) Following are the top business stories at 2020 hours:

     DEL72 BIZ-RELIANCE-TRADEMARK WITHDRAW
     * Reliance withdraws Operation Sindoor trademark application, says it was filed inadvertently
     New Delhi: Reliance Industries Ltd has withdrawn its trademark application for the term 'Operation Sindoor' - the codename for India's military strikes in Pakistan - stating that it was inadvertently filed by a junior employee without authorisation. *


     DEL48 BIZ-INDUS TREATY-CHOUHAN
     * Indus Treaty historical mistake; Govt will prepare plan to utilise waters: Chouhan
     New Delhi: Union Agriculture Minister Shivraj Singh Chouhan on Thursday said the government will make "short, mid and long term" plans to utilise waters, given to Pakistan under the Indus Water Treaty, for providing irrigation facilities to farmers, especially of bordering states. *


     DEL116 BIZ-STOCKS-WEALTH
     * Equity investors' wealth decline by Rs 5 lakh cr as markets fall in volatile trade
     New Delhi: Investors' wealth declined by Rs 5 lakh crore on Thursday as markets fell in a volatile session amid escalating tensions between India and Pakistan. *


     DEL90 BIZ-LD-STOCKS
     * Stock markets fall in volatile trade on rising India-Pak tensions
     Mumbai: Benchmark Sensex declined by nearly 412 points in a volatile session on Thursday due to selling in banking, FMCG and auto shares triggered by escalating tensions between India and Pakistan. *


     DEL134 BIZ-LD RUPEE
     * Rupee slides steepest in over two-and-a-half years; settles 81 paise lower at 85.58 Vs dollar
     Mumbai: Rupee saw its steepest single-day fall in more than two-and-a-half years and settled 81 paise lower at 85.58 against the US dollar on Thursday, weighed down by heightened geopolitical tensions between India and Pakistan. *

    
     DEL77 AVI-DELHI AIRPORT-FLIGHTS
     * Delhi airport sees 90 flight cancellations on Thursday
     New Delhi: As many as 90 flights to and from Delhi airport, including 5 international departures, were cancelled by various airlines on Thursday, according to a source. *


     BOM14 AVI-AERA-2NDLD MUMBAI AIRPORT
     * Mumbai Airport: Steep hike in UDF for international flying
     Mumbai: Passengers flying in and out of the Mumbai International Airport will have to shell out up to Rs 695 as a user development fee from May 16 following the airport tariff regulator AERA allowing the airport operator to revise the fee. *


     DEL91 BIZ-GOLD-PRICE
     * Gold declines Rs 1,500 to Rs 99,250 per 10 g amid weak global cues
     New Delhi: Gold prices declined Rs 1,500 to Rs 99,250 per 10 grams in the national capital on Thursday, following a weak trend in the global markets, according to the All India Sarafa Association. *

(This story has not been edited by THE WEEK and is auto-generated from PTI)