The State Department has proposed not to issue temporary business visas for H-1B speciality occupations which allowed several companies to send their technology professionals for a short stay to complete jobs on site in the US, a move which could affect hundreds of Indians.

The number of coronavirus infections reported in a span of 24 hours remained below 60,000 for the fourth consecutive day on Thursday as India's caseload went past 77 lakh, while recoveries have crossed 68 lakh, according to data updated by the Union Health Ministry.

The COVID-19 caseload mounted to77,06,946 with55,839 new infections being reported in a day, while the death toll climbed to 1,16,616 with 702 more fatalities, the data updated at 8 am showed.

Shares of Aurobindo Pharma were down 6 per cent to Rs 755 on the BSE on Thursday after the company's arm has received a warning letter from the US health regulator for its oral solid manufacturing facility situated at Dayton, New Jersey. In comparison, the S&P BSE Sensex was down 0.34 per cent at 40,567 points at 10:40 am.

The AuroLife Pharma LLC, a wholly owned stepdown subsidiary of the Company, has received a warning letter from the US Food and Drug Administration (USFDA) for its oral solid manufacturing facility situated at Dayton, New Jersey, Aurobindo Pharma said in exchange filing.

Wipro on Thursday announced it has entered into an agreement with enterprise application software provider SAP to offer advanced customer-specific content and training assets and boost productivity.

The collaboration will deliver 'SAP Enable Now' -- the custom enablement platform by SAP -- to help organisations adapt faster to technological changes and accelerate globalisation.

Shares of Sagar Cements rallied 8 per cent and hit a 52-week high of Rs 740 on the BSE on Thursday after the company’s consolidated net profit jumped 10-fold at Rs 50.17 crore in the September quarter (Q2FY21). It had reported a profit of Rs 4.92 crore in the year-ago quarter.

Revenue from operations grew 23 per cent year on year (YoY) at Rs 326 crore against Rs 265 crore in the corresponding quarter of previous fiscal.

Shares of JK Tyre & Industries gained 9 per cent to Rs 66 on the BSE in the early morning trade on Thursday after the company reported a strong operational performance with margins hitting a four year high of 15.6 per cent in July-September quarter (Q2FY21).

In Q2FY21, the company reported PBIDT (profit before interest depreciation and tax) of Rs 367 crore against Rs 303 crore in the corresponding quarter of the previous fiscal year.

Onion prices surged in Pune after crops were damaged due to rainfall in various parts of the country following which consumers are forced to buy onions in less quantity.

Price has increased as supply from farms is affected due to rain. The price of onion that was around Rs 70/kg last week increased to Rs 120/kg today, a trader told ANI.

Gold prices today rose marginally to Rs 54,100 from Rs 53,790 per 10 gm yesterday, while silver was trending at Rs 63,500 per kg, according to the Good Returns website.

Gold jewellery prices vary across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges.

Benefitting 1.14 crore primary bread earners in the unorganised sector, Andhra Pradesh Chief Minister Jagan Mohan Reddy launched the 'YSR BIMA' scheme at the camp office.

In this scheme, the beneficiary will receive an insurance amount in their family member's untimely death or permanent disability. During his Padayatra, the Chief Minister came across scores of citizens facing such issues due to the lack of insurance coverage.

In what is potentially a controversial decision, the Maharashtra government on Wednesday decreed that the Central Bureau of Investigation (CBI) would be required to take the state's permission before probing cases here.

The government has withdrawn its consent to the CBI to probe cases in the state. An order was issued on Wednesday by the state government in this regard.

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