Top headlines: Services PMI rises, coronavirus hits Surat diamond industry

From coronavirus' impact on Surat's diamond industry to Russia's largest oil producer, Rosneft, evincing interest in the acquisition of BPCL, here are the day's top headlines

Coronavirus impact: Surat diamond hub stares at Rs 8,000 crore loss

The Surat diamond industry is likely to face a loss of around Rs 8,000 crore in next two months as Hong Kong, which is a major export destination, has declared a state of emergency due to the coronavirus outbreak in China, say experts. Read more

Russia's largest oil producer Rosneft keen to bid for BPCL: Report

Russia's largest oil producer Rosneft is keen to bid for acquisition of Bharat Petroleum Corp Ltd (BPCL), sources said after the Russian firm's CEO Igor Sechin met Oil Minister Dharmendra Pradhan on Wednesday.