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Sensex loses 350 points, RIL shares down 2%

Manish Hathiramani, technical analyst with Deen Dayal Investments said: "The markets opened on a soft note this morning. The support for the Nifty is currently at 17,250 and as long as that holds, traders can consider a buy on dips approach for a target of 17,450."

Public sector banks are stable now after PCA: Nirmala Sitharaman

Referring to TMB's deposit base of Rs 41,000 crore and advance portfolio of Rs 32,000 crore, Sitharaman said: "If that is the rapidity with which you are using the money to make more businesses work, it is possible to be more efficient if you adopt complete technology related solutions."

No TDS on transfer of assets from Air India to SPV

The Central Government hereby specifies that Air India Ltd shall not be considered as 'seller' for the purposes of sub-section (1H) of section 206C of the said Act in relation to transfer of goods by it to Air India Assets Holding Ltd under a plan approved by the Central Government,"