Sebi also banned them from taking any a position in any listed entity.

Apart from focusing on encouraging sellers from India to ship their products to USA, Europe, Japan and other countries, the e-commerce giant is hopeful that some of the recent changes in the country’s approach towards exports will boost GSP.

In an interview with CNN Business, Pichai said his company had gone through similar situations in Europe, so the probe wasn't a surprise for them. "For some of the other companies, maybe the scrutiny is newer," Pichai said on Friday.

"Under the agreement, Dr Reddy's will receive USD 70 million as upfront consideration, USD 40.5 million in near-term milestones and additional financial considerations including, existing contractual obligation and inventory," the company said in a regulatory filing.

The development assumes significance in the wake of the auditors' role coming under the scanner of multiple agencies in cases involving various corporate houses, including listed companies.

Investors were also on edge ahead of the release of wholesale price inflation data, scheduled to be announced later in the day, traders said.

The rupee opened weak at 69.55 at the interbank forex market and then fell further to 69.61, down 11 paise over its last close. The rupee had settled at 69.50 against the US dollar on Thursday.

Starting Thursday, the bids have been invited by the national highways developing, operating and maintaining agency.

The stock plummeted 12.96% after UBS cut price target by 47%, as it expects more stress on the bank's asset quality.