The government is in the process of finalising guidelines which have been drafted to deter the advertising industry from making unsubstantiated and misleading claims about their products.The guidelines are based on the recommendations of the committee set up by the Food Safety and Standards Authority of India to investigate claims made by Hindustan Unilever Ltd about 'Kissan Amaze'.
Infosys fell the most among Sensex stocks, declining by 2.85 per cent. Among other IT stocks, TCS fell by 1.87 per cent, Wipro by 1.52 per cent, and HCL Tech by 1.70 per cent. NSE Nifty plunged by 174.65 points to close at 17,938.40.
The four major Hindi general entertainment channels -- STAR Plus, Sony, Colors and ZEE -- have all launched music and dance reality shows in the 9-pm slot on weekends.
The Rs 2,000-crore Patanjali, looking to grow its turnover two-and-a-half times in FY16.
Markets ended lower for the fifth consecutive session and were down 2.4% for the week.
Two days ahead of the high tide warning, corporate houses here are busy drawing plans to meet any possible recurrence of the 26/7, 2005 deluge in the metropolis.