Sterlite Copper hopes to restart its copper smelter in southern Indian city Tuticorin and still wants to double its capacity despite protests demanding its closure that killed 13 people this week.

A month after Tata Consultancy Services made history as the first listed Indian IT firm to hit market capitalisation of over $100 billion (Rs 6.78 lakh crore), it has now become the first desi company ever to breach the Rs 7 lakh crore mark, albeit briefly.

The bank said an "appropriate response" would be submitted to Sebi. The country's second-largest private lender has been embroiled in controversies ever since investor and whistleblower Arvind Gupta alleged a 'quid pro quo' in ICICI Bank's Rs 3,250 crore plus Rs 660 crore loans to Venugopal Dhoot-owned Videocon Industries.

The government is now mulling a 'windfall tax' on all oil producers like ONGC in an attempt to moderate fuel prices.

The employees of public sector banks will go on a two-day strike from May 30-31 to protest a 'meagre' 2 per cent wage hike offered by the Indian Banks' Association (IBA).