The rupee opened 17 paise lower at 70.17 against the US dollar on Friday amid weak global cues after the European Central Bank (ECB) slashed its growth forecasts and launched an emergency round of policy stimulus.

The domestic unit ended 28 paise higher at 70 on Thursday amid robust foreign inflows and strong buying in domestic equities. It was the third straight session of gain for the domestic currency, during which it has strengthened by 92 paise.

L&T Finance Holdings on Thursday announced early closure of its bond issue following a 4.5 times oversubscription, raising a little over Rs 2,228 crore.

The issue was opened on March 6 and was scheduled to close on March 20. The base size of the issue was Rs 500 crore, with an option to retain over-subscription up to Rs 1,000 crore.

Indian entrepreneurs have to move away from being reactive problem solvers to proactive problem solvers as there are so many problems around, Infosys founder N R Narayana Murthy said. The renowned IT industrialist also highlighted areas of opportunities in sectors such as healthcare for entrepreneurs to build unique solutions.

Infrastructure giant Larsen & Toubro (L&T) Thursday said its construction arm has bagged "large" contracts from multiple clients in the domestic market.

The engineering and construction company, however, did not provide the exact value of the contract; but as per its project classification, the value of the contracts were in "large" category which is in the range of Rs 2,500 to Rs 5,000 crore.

New Delhi: Reliance Industries Wednesday said it has received final comments from market regulator Sebi for its proposed open offers to shareholders of Den Networks Limited and Hathway Cable and Datacom Limited.

The company will make the open offers in accordance with the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011, RIL said in a BSE filing.

The rupee appreciated by 30 paise to ₹69.98 against the US dollar in opening trade Thursday, driven by foreign inflows and positive opening in domestic equities.

The rupee opened strong at 70.08 at the interbank forex market and then gained further ground and touched ₹69.98, a gain of 30 paise over its last close.

North Korea’s state TV has aired a documentary glorifying leader Kim Jong-un’s recent visit to Vietnam that omitted the failed nuclear negotiations with U.S. President Donald Trump.

The documentary broadcast on March 6 shows a smiling Mr. Kim talking with Mr. Trump while walking together inside a Hanoi hotel last week.

Indian bourses continued their rising spree to the fourth session on Thursday, with both benchmarks Sensex and Nifty opening higher amid strengthening of country’s macroeconomic outlook following rising rupee and falling crude prices.

The 30-share BSE Sensex was trading higher by 63.75 points, or 0.17%, at 36,699.85.

Amazon.com Inc. is ending its experiment with electronics-focused pop-up stores, shuttering 87 kiosks located inside shopping malls, Whole Foods Market locations and Kohl’s stores around the U.S.

“After much review, we came to the decision to discontinue our pop-up kiosk program,” an Amazon spokeswoman said.

Facebook Inc. Chief Executive Officer Mark Zuckerberg said the future of his company’s product development will be focused on private, ephemeral and encrypted communication, a striking change for the social network that built its business on open sharing.

More people want to interact privately or in more intimate groups online, instead of in “the digital equivalent of a town square” provided by Facebook and Instagram, Zuckerberg said Wednesday in a blog post. To serve that demand, the world’s largest social-networking company will rebuild many of its features, he wrote,

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