India Business News: Stock Market Gains, Rupee Recovers, Govt Auction of Minerals - Nov 28

New Delhi, Nov 28 (PTI) Following are the top business stories at 2055 hours:


DEL52 BIZ-FINMIN-FRAUD

Govt suspends 70 lakh mobile numbers due to suspicious activity: DFS Secretary

New Delhi: To check digital frauds, the government has suspended 70 lakh mobile numbers on account of suspicious transactions, Financial Services Secretary Vivek Joshi said on Tuesday.



DEL42 BIZ-LD-STOCKS

Stock markets close higher on fag-end buying; snap two-day losing streak

Mumbai: Benchmark equity indices Sensex and Nifty snapped two days of losses and closed higher on Tuesday following last-hour buying in auto, power and metal shares helped by fresh foreign fund inflows.



DEL72 BIZ-LD-RUPEE

Rupee recovers from record lows; rises 6 paise to settle at 83.34 against US dollar

Mumbai: The rupee on Tuesday rebounded from record low levels, gaining 6 paise to settle at 83.34 against the US dollar amid positive sentiment in the equity markets and inflow of foreign funds.



DEL22 BIZ-AUCTION-LD CRITICAL MINERALS

Govt to launch first round of auction of critical, strategic minerals on Nov 29; 20 blocks to be put on sale

New Delhi: The government will launch the first round of auction of critical and strategic minerals on Wednesday putting 20 blocks under the hammer.



DEL44 BIZ-BSE-MCAP

Mcap of BSE-listed firms hits record high of Rs 331 lakh cr; just shy of entering USD 4-trn club

New Delhi: The combined market capitalisation of BSE-listed firms hit an all-time high of Rs 331 lakh crore on Tuesday and is just shy of entering the landmark USD 4-trillion club.



DCM71 BIZ-PCBL-AQUAPHARM

PCBL plans to acquire Aquapharm Chemicals for Rs 3,800 cr

Kolkata: Carbon black and speciality chemicals major PCBL Ltd on Tuesday announced plans to acquire 100 per cent in Aquapharm Chemicals Pvt Ltd (ACPL) for an aggregate consideration of Rs 3,800 crore.



DCM63 BIZ-TCS-BUYBACK

TCS' Rs 17,000 crore share buyback to open on December 1
New Delhi: The Rs 17,000 crore-share buyback programme of India's top software services exporter Tata Consultancy Services (TCS) will open on December 1.


DEL25 BIZ-GOLD-PRICE

Gold price climbs Rs 100; silver unchanged at Rs 78,200 per kg

New Delhi: Gold price climbed Rs 100 to Rs 62,750 per 10 grams in the national capital on Tuesday in line with gains in the precious metal's price in global markets, according to HDFC Securities.