Mumbai: The Indian rupee was trading little changed against US dollar on Tuesday in a thinly traded market as many dealers were on leave for the year end.

The rupee opened at 64.03 a dollar. At 9.15am, the home currency was trading at 64.02 a dollar, up 0.03% from its Friday’s close of 64.06. On Monday, markets were closed due to Christmas.

The new BJP government led by Vijay Rupani was sworn in at a grand ceremony in the State capital of Gandhinagar on Tuesday. Governor Om Prakash Kohli administered the Oath of Office and Secrecy to 21 ministers including Mr. Rupani and his deputy Nitin Patel.

Prime Minister Narendra Modi, BJP president Amit Shah and other senior party leaders attended the function, which was held at the new Secretariat complex.

The Indian Railway Catering and Tourism Corporation (IRCTC) and Coal India (CIL) are joining hands for a project to use the excess groundwater from the latter’s mines to produce purified packaged water being sold under IRCTC’s popular Rail Neer brand. A site has been identified at Argada near Ranchi in the coal-rich state of Jharkhand to set up a bottling plant of IRCTC. “Water will be supplied from the adjoining coal mines to this plant for purification.

Sensex crossed 34,000-level in the opening session on Tuesday after a three day Christmas weekend. Indian stock markets started on a higher note with the key equity indices Sensex and Nifty surpassing their previous records. S&P BSE Sensex jumped 65.07 points to hit a lifetime high of 34,005.37 whereas NSE Nifty too edged up, rising by 22.1 points to mark another all-time high of 10,515.1. Shares of heavyweight companies such as Tata Consultancy Services, HDFC, ITC, ONGC, Asian Paints and Reliance Industries contributed to the upsurge of Sensex.

New Delhi: Indian Oil and Bharat Petroleum Corp (BPCL) are both keen to acquire gas utility GAIL India to become fully integrated energy companies.

IOC and BPCL have separately indicated to the petroleum ministry their interest in taking over GAIL to help add natural gas transportation and marketing business to their kitty, official sources said. GAIL, on the other hand, feels a merger with oil and gas producer ONGC would be more appropriate.

The Indian Army troops planted explosives on Pakistani side to surprise the enemy during the 'mini surgical strike' it carried out on Monday.

According to the new details emerging from the last night's cross-border raids, the IED blasts were targeted for initial damage on the Pakistani side. It was followed by heavy firing by the Indian troops.

Actor Rajinikanth is all set to meet his fans for six days, beginning December 26, giving rise to expectations that he might finally announce his long expected political entry.

Rajinikanth, who has stridden the Tamil cine world like a colossus for the past four decades and enjoys almost a demigod-like status among his legion of followers, might make public his political entry during his address to fans.

After confirming that it is deliberately slowing down older iPhones to avoid the devices from shutting down owing to old batteries, Apple is now facing two class-action lawsuits from the iPhone users in the US.

Sulaiman Law Group, Ltd, which operates as Atlas Consumer Law, is representing several plaintiffs in a class-action complaint against Apple in Illinois.

Dozens of Indian securities officials descended on the homes of brokers and others on Friday in a widespread early morning raid in Mumbai, and possibly other cities, a regulatory source said.

The Securities and Exchange Board of India (SEBI) raids are a sign that a probe by the regulator is gathering steam. The investigation is looking into who was responsible for circulating prescient messages about major Indian companies' corporate announcements in social media chatrooms, according to the regulator.

IT services major Infosys on Saturday said it has completed its Rs 13,000 crore buyback programme that saw participation from Sudha Gopalakrishnan, Rohan Murty and LIC among others.

The buyback scheme - a first in the company's over three decade history commenced on November 30 and closed on December 14.

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