Market benchmark BSE Sensex rose 83 points on Wednesday, led by gains in energy, metal and power stocks as global crude oil prices eased and rupee recovered against the dollar.

After a rangebound session, the 30-share index ended 82.79 points, or 0.23 per cent, higher at 36,563.88. The index hit an intra-day high of 36,712.99 and a low of 36,465.92.

The NCLAT on Wednesday directed resolution professional of Reliance Communications to raise demand for Rs 577 crore paid to Swiss telecom gear maker Ericsson before the NCLT-Mumbai.

Anil Ambani-led Rcom is presently going through Corporate Insolvency Resolution Process.

Suzuki Motor Corp has asked Maruti Suzuki India to cut down discretionary expenses and plug in resource wastage at its plants in Gurgaon and Manesar to keep costs in control. The advisory from Suzuki, which is the 56% owner of Maruti, comes at a time when vehicle sales have plummeted to a two-decade low and Maruti has had to let go of some 3,000 of its contractual workers as it has pruned its production.

Billionaire Mukesh Ambani has raised promoter stake in flagship Reliance Industries by 2.71 per cent to 48.87 per cent, according to regulatory filing by the company.

Reliance Services and Holdings Ltd, controlled by promoter group firm Petroleum Trust, acquired 17.18 crore or 2.71 per cent stake in Reliance on September 13, it said.

Telecom regulator TRAI has sought views from the public on how long a call should ring one's mobile. It wants to assess the impact of ring duration on the quality of service experience and network performances.

The Telecom Regulatory Authority of India released a consultation paper – Duration of alert for the called party – asking for inputs on appropriate measures to be taken in this regard.

In a big decision approved by the union cabinet, more than 11 lakh railways employees will get 78 days wage as bonus.

Union Minister for Information and Broadcasting, Prakash Javadekar announced the government's decision.

E-marketplace operator Amazon India has added one more fulfilment centre (FC) taking the total to seven such facilities in the extended suburbs of Thane, Mumbai. Located in the Bhiwandi warehousing hub, the new unit spread across 2.7 lakh square feet (1.5 million cubic feet storage space)

The cabinet on Wednesday banned production and import of electronic cigarettes (e-cigarettes), a step taken in the interest of public health.

Finance Minister Nirmala Sitharaman in a media briefing said that an ordinance will be passed to ban the products, which the government believes will advance tobacco control efforts in the country

The Securities and Exchange Board of India (Sebi) on Tuesday debarred Gautam Thapar, the ousted chairman of fraud-hit CG Power and Industrial Solutions, from accessing the capital market for a number of alleged irregularities, including diversion of money.

The goods and services tax (GST) panel is unlikely to approve lowering the tax for the auto and allied components sector this week, as a study has warned of major revenue losses, two government officials said.

A government study, attached to the agenda of a Sept. 20 GST panel meeting, has said the total annual revenue loss could be as much as Rs 50,000 crore ($6.95 billion), if the panel decided to lower tax rates for the auto sector to 18% from 28%.

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