At 12:09 pm, the stock was trading 4.69% or 18 points lower at 379.10. The  market capitalisation of the stock fell to Rs 77,391 crore.  The stock has been falling for the last two days and has lost 6.63% during the period.

With the tax holiday window that Wipro has so far enjoyed at its Electronic City unit coming to a close soon, the company is reportedly planning to shift to a new place in Bengaluru soon.

Despite vociferous protests from solar developers, the Directorate General of Trade Restrictions (DGTR) has finally recommended that a 25 per cent safeguard duty should be imposed on imports of solar cells and modules from China and Malaysia for the first year.

A day after entering the $100 billion m-cap club, RIL stock continued its rally on Friday to breach the 7 lakh crore market valuation.

Choksi indulged in fund diversion to fulfil his luxurious needs. In 2013, he purchased a villa from Ziad Khalil Makkawi and Amal Boudhara Makkawi (UAE) and paid Rs 27 crore. To pay the EMI, Rs 15 lakh used to be transferred to Choksi's account from Gitanjali Venture DMCC in the guise of professional fees.

As part of the equity-raising program, the Group sold nearly 4 per cent stake in Adani Ports and SEZ through an on market block trade raising Rs 3,000 crore in June.

The 47-year-old has been on the run since January for masterminding the over $2 billion PNB fraud; he has since been spotted in Dubai, Hong Kong, Belgium, New York and London.

Revenue intelligence agency DRI has served an arrest warrant via email to absconding diamantaire Nirav Modi in a case of alleged customs duty evasion. The warrant was issued by a court in Surat in Gujarat after he failed to appear before it in connection with the case.

The Directorate of Revenue Intelligence is once again examining all crucial findings in 14,000 pages of Prosecution Complaint filed by the Enforcement Directorate against Nirav Modi and others.

RIL's Q4 earnings were driven by strong petchem performance that came from higher volumes from new paraxylene, refinery offshore caracker (ROGC) and downstream units, and higher margins from polypropylene, polyester and fiber intermediate products.