Business highlights

Following are the top business stories at 2020 hours: DCM38 AVI-AIR INDIA-CEO AI puts together 'huge financing deal' for new fleet: CEO New Delhi: Air India has put together a ''huge financing deal'' related to its new fleet in a remarkably quick time, according to its chief Campbell Wilson.

DEL42 BIZ-LD CEA-SOCIAL SECURITY CEA against concept of Universal Social Security as it may generate 'perverse incentives' Lucknow: Chief Economic Advisor (CEA) V Anantha Nageswaran on Friday dismissed the idea of Universal Social Security, saying it will create a ground for ''perverse incentives'' for people and dissuade them from seeking income-generating opportunities.

DEL57 AVI-AIR INDIA-FLIGHT Air India cancels San Francisco-Mumbai flight due to technical issue in aircraft New Delhi/Mumbai: Air India has cancelled its flight scheduled to fly from San Francisco to Mumbai due to a technical issue in the Boeing 777 aircraft.

DEL33 BIZ-LD STOCKS Market benchmarks slip for 2nd day; FMCG, IT stocks drag Mumbai: Equity benchmark indices Sensex and Nifty stayed on the back foot for the second straight session on Friday as investors offloaded FMCG, IT and teck stocks amid a weak opening in European markets.

DEL24 BIZ-RUPEE-CLOSE Rupee rises 4 paise to close at 82.47 against US dollar Mumbai: The rupee appreciated by 4 paise to close at 82.47 (provisional) against the US dollar on Friday amid foreign fund inflows.

DEL38 BIZ-NPPA-DRUG PRICE NPPA fixes retail prices of 23 drug formulations New Delhi: National drug pricing regulator NPPA on Friday said it has fixed retail prices of 23 formulations, including the medications to treat diabetes and high blood pressure.

DEL27 BIZ-GOLD-PRICE Gold jumps Rs 440; silver rallies Rs 1,050 New Delhi: Gold jumps Rs 440 to Rs 60,820 per 10 grams in the national capital on Friday amid strong global trends, according to HDFC Securities.