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Mumbai: Shares of budget airline SpiceJet today fell by 4 percent after the company reported widening of net loss by a steep 59 percent during the third-quarter at Rs 275 crore.

The stock went down by 3.99 per cent to Rs 19.25 at the BSE.

The company announced its results post market hours yesterday.

In the middle of an ownership change, SpiceJet had yesterday reported a steep 59 percent rise in third-quarter net loss at Rs 275 crore on lower passenger numbers and a one-time cost of Rs 295 crore.

New Delhi: Gold prices declined by Rs 50 to Rs 27,830 per ten gram at the bullion market today as demand from jewellers and retailers eased at prevailing levels amid a weak global trend.

However, silver held steady at Rs 38,100 per kg on scattered demand from industrial units.

Traders said slackened demand from jewellers and retailers at existing levels and a weak trend overseas mainly led to the fall in the yellow metal prices.

Gold in New York, which normally determine a price trend on the domestic front, fell 0.40 per cent to USD 1,233.70 an ounce in yesterday's trade.

In the national capital, gold of 99.9 and 99.5 per cent purity were down by Rs 50 each to Rs 27,830 and Rs 27,630 per ten gram respectively. It had gained Rs 90 yesterday.

New Delhi: Pharmaceutical firm Cipla Ltd has entered into an agreement with Biopharm SPA to form a joint venture company in Algeria to manufacture and market respiratory products, the company said Friday.

In a BSE filing, Cipla said: "A binding term sheet has been entered into with the company's existing partner, Biopharm SPA, for establishing a joint venture (JV) company in Algeria."

"The JV company will manufacture and market respiratory products facilitating Cipla's front-end presence in Algeria," it added.

As per the agreement, Cipla's wholly owned subsidiary, Cipla (EU) Ltd, will hold a 40 percent stake in the JV company while the remainder will be held by a Biopharm-led Algerian consortium.

London, Feb 13 - Facebook has reportedly introduced a new feature that will allow people to have their account deleted permanently when they die or appoint a friend or family member to take care of some aspects of their account.

While bringing in the new feature, Facebook said that the decision was aimed at supporting people who were grieving and those who wanted a say in what happens to their account after death. The social media platform added, "When a person passes away, their account can become a memorial of their life, friendships and experience," reported the BBC.

Washington, Feb 13 - A new study has revealed that dogs can tell the difference between happy and angry human faces.

The researchers of the University of Veterinary Medicine Vienna said that the discovery represents the first solid evidence that an animal other than humans can discriminate between emotional expressions in another species.

Researcher Corsin Muller added that they think the dogs in their study could have solved the task only by applying their knowledge of emotional expressions in humans to the unfamiliar pictures they presented to them.

Johannesburg, Feb 13 - 14-time Grand Slam champion Rafael Nadal has said that he is eager to experience the incredible energy of Brazilian carnival before gearing up to defend his title at the Rio