New Delhi, Jun 19 (PTI) Following are the top business stories at 2155 hrs: DEL101 BIZ-PM-LD EMPLOYMENT

Over 70 lakh employed under PM-VBRY so far, say PM; transfers Rs 2,400-cr sops for 15 lakh jobs New Delhi: Over 70 lakh people got employment across the country under Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) so far, said Prime Minister Narendra Modi on Friday as he disbursed incentives worth Rs 2,400 crore to support 15 lakh new jobs.

DEL108 BIZ-LDALL SEBI

Sebi restores market buybacks for firms, caps execution window at 66 days Mumbai: Markets regulator Sebi on Friday approved the reintroduction of share buybacks through stock exchanges, allowing companies to repurchase their own shares in the open market starting August 1, while capping the execution period at 66 working days.

DEL91 BIZ-LDALL RELIANCE-AGM

Reliance targets next growth wave through AI, satellite internet; Jio files for IPO Mumbai: Billionaire Mukesh Ambani on Friday unveiled a sweeping roadmap for Reliance Industries Ltd's next phase of growth spanning artificial intelligence, satellite broadband, clean energy and consumer businesses, as its digital unit Jio Platforms filed draft papers for what could become India's largest-ever initial public offering.

DEL89 BIZ-LDALL JIO IPO

Reliance's Jio files for India's biggest-ever IPO, targets USD 137 bn valuation Mumbai: Jio Platforms Ltd, the digital services arm of Reliance Industries, filed draft papers on Friday for what could become India's largest-ever initial public offering, seeking to raise about USD 4 billion (Rs 37,700 crore) and valuing the company at roughly USD 137 billion.

DEL58 BIZ-AMBANI-SUCCESSION

Ambani says Reliance succession plan near completion as children take over day-to-day operations New Delhi: Billionaire Mukesh Ambani on Friday said the transfer of day-to-day management responsibilities at his oil-to-telecom-and-retail conglomerate Reliance Industries to his children is "almost complete", marking the final stages of a closely watched succession process at India's most valuable company.

DEL92 BIZ-RBI-LD MPC MINUTES

MPC opts for 'wait-and-watch' amid growth, inflation uncertainties: RBI minutes Mumbai: All six members of the RBI's Monetary Policy Committee favoured a wait-and-watch approach as they voted for a status quo on benchmark interest rates earlier this month, citing high uncertainty over the trajectory of inflation and growth prospects due to the West Asia conflict, according to the minutes of the MPC meeting released on Friday.

DCM86 BIZ-IPO-SBI MUTUAL FUND

SBI Mutual Fund gets Sebi's clearance to launch IPO New Delhi: SBI Mutual Fund, the country's largest fund house, has secured market regulator Sebi's approval to float its initial public offering (IPO), a person familiar with the matter said on Friday.

DEL76 BIZ-FSSAI-NOTICES

FSSAI issues notices to Bikanervala, Marico, Param Dairy on consumer complaints, law violation New Delhi: Food regulator FSSAI has issued notices to many food businesses, including Bikanervala, Marico Ltd and Param Dairy, for alleged misleading claims about products, labelling violations as well as on consumer complaints.

DEL47 BIZ-LD STOCKS

Markets snap 5-day rally amid geopolitical uncertainty, selloff in IT stocks; Sensex down 600 pts Mumbai: Stock market benchmark indices ended lower on Friday, snapping a five-day rally, with the Sensex declining 607 points and the Nifty falling to the 24,013.10 level, dragged by heavy selling in IT firms after global tech giant Accenture trimmed its full-year revenue growth guidance.

DCM55 BIZ-STOCKS-LD IT

IT stocks slump after Accenture trims full-year revenue guidance; Infosys tanks nearly 7 pc New Delhi: IT stocks faced heavy drubbing on Friday, with Infosys declining nearly 7 per cent, after global tech giant Accenture trimmed its full-year revenue growth guidance.

DEL95 BIZ-LD RUPEE

Rupee rises 7 paise to close at 94.33 against US dollar Mumbai: The rupee pared most of its initial gains and settled higher by 7 paise at 94.33 against the US dollar on Friday, as a firming dollar index and rising crude oil prices weighed on investor sentiments.

DEL56 BIZ-FOREX

India's forex reserves decline USD 9.98 bn to USD 671.62 bn: RBI data Mumbai: India's forex reserves dropped USD 9.985 billion to USD 671.625 billion during the week ended June 12 due to sharp drop in gold reserves, the RBI said on Friday.

DEL59 BIZ-BULLION-PRICE

Gold extends losing run to 4th day in Delhi, silver slumps as dollar rally deepens New Delhi: Gold prices extended their slide for the fourth straight session, falling Rs 2,840 to Rs 1.5 lakh per 10 grams in the national capital on Friday, while silver slumped to over two-month low of Rs 2.4 lakh per kg as a resurgent US dollar sparked selling in precious metals.

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