Bharatiya Janata Party (BJP) corporator Ritu Tawde was elected mayor of Mumbai on Wednesday, while Shiv Sena’s Sanjay Ghadi was chosen as the deputy mayor.

Both leaders were elected unopposed during a special meeting of the general body of the Brihanmumbai Municipal Corporation (BMC).

Leader of Opposition Rahul Gandhi on Wednesday alleged that the government has "sold Bharat Mata" through the India-US interim trade deal and that it was a "wholesale surrender" with India's energy security handed over to America and farmers' interests compromised.

Indian contract drug manufacturer Divi's Laboratories reported third-quarter profit below estimates ​on Wednesday, as high raw material ​costs and a one-off charge due to ‌changes in India's labour codes weighed on its bottomline.

The Hyderabad-based company's consolidated net profit marginally fell to ₹583 crore ($64.31 million) in the quarter ended December 31, from ₹589 crore a year earlier.

Akasa Air on Wednesday said its co-founder and Chief Commercial Officer Praveen Iyer has resigned and will leave the airline at the end of April. He is the second co-founder to exit the carrier.

In October 2025, Neelu Khatri, co-founder and senior vice president (International Operations), had stepped down from her role.

Profit margins haven’t been this high for the unlisted segment in over 30 years. The profit after tax as a percentage of total income by a sample of unlisted companies in FY25 hit a record high of 5.75 per cent, according to a Business Standard analysis of data from the Centre for Monitoring Indian Economy.

The Congress on Wednesday took a swipe at Prime Minister Narendra Modi over the India-US interim trade agreement, saying the deal is a steal by the "PM's good friend in Washington" and reflects an "abject failure" of our "political huglomacy" as well as economic diplomacy.

Maharashtra Deputy Chief Minister Sunetra Pawar on Tuesday assumed her ministerial duties at the state secretariat Mantralaya, 13 days after the death of her husband and Deputy CM Ajit Pawar.

She was accompanied by senior Nationalist Congress Party (NCP) leaders and her elder son Parth Pawar as she took her seat in the deputy CM's office, marking a poignant transition in the state's leadership.

The Enforcement Directorate is soon expected to issue fresh summons to Tina Ambani, wife of Reliance Group chairman Anil Ambani, for questioning in a money laundering case after she failed to depose on her scheduled date, officials said on Tuesday.

Tina, 68, a former actor, was asked to depose by the federal agency here on Monday but she did not do so.

The Supreme Court on Tuesday adjourned to February 18 the hearing on a plea moved by the ED alleging obstruction by the West Bengal government, including by Chief Minister Mamata Banerjee, in its search operation at the I-PAC office and the premises of its director in connection with an alleged coal pilferage scam.

India's Adani Enterprises said on ‍Tuesday ​it is talks with the US Office of Foreign Assets over allegations from a Wall Street Journal report ​published in June last year that said billionaire Gautam Adani was trying to get the US President Donald Trump administration to drop bribery charges against him.

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