The rupee opened at 70.43 at the interbank forex market, displaying gains of 9 paise over its last close.

The airline did not mention a replacement for Agarwal, who had joined Jet in 2015 as its CFO.

Rupee is trading at 70.18 against dollar amid US-China trade related concerns and rising crude oil prices.

The 30-share index was trading 23.96 points, or 0.06 per cent, lower at 37,439.03.

The company expects its top-line from the logistics businesses comprising of contract logistics for companies.

In percentage terms, the gross NPA ratio works out to 11.37 in March 2019, 12.54 in December 2018 and 11.53 in March 2018.