Stock market news: Trends in the SGX Nifty suggest to a gap-down beginning for the wider index in India on Thursday with a loss of 143 points due to lukewarm global cues following the US Fed's swift 75-bps rate hike and a wave of profit-taking at home.
The Indian Oil Corporation (IOC) reinstated the previous gasoline and diesel prices on Tuesday, without making any further rate reductions.
Dr. Irani, a Padma Bhushan recipient, had a career spanning more than 40 years and had held the position of director at various Tata Group firms.
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