Bharti Airtel on Wednesday said its wholly-owned subsidiary Network i2i plans to raise funds worth up to $250 million (approximately Rs 1,780 crore) through perpetual bonds.

This amount will be in addition to existing securities of $750 million (around Rs 5,343 crore) that the company has raised recently.

A day after it was reported that the data of the final list of National Register of Citizens (NRC) in Assam has went offline, the Ministry of Home Affairs (MHA) on Wednesday (February 12) clarified that it is completely safe. The MHA cited 'technical glitches' for the issue and added that they will be resolved soon.

The NRC data is safe, there is some technical issue in visibility on Cloud. It is being resolved soon, a Home Ministry statement said.

Airlines and aircraft makers are taking a body blow from the virus outbreak in China, as Boeing reported zero orders for new jets in January and forecasting the cargo business will likely contract in 2020.

We, like our customers, are trying to figure out the depth and breadth of this virus and the impact on the airlines, Boeing's vice president for commercial marketing, Randy Tinseth, said Wednesday at the Singapore Air Show.

The price of non-subsidised liquefied petroleum gas (LPG) cylinders were hiked by Rs 144.50 on Wednesday, the sixth hike in as many months.

State-run oil marketing companies hiked the price of non-subsidised LPG cylinders across metro cities.

A 14.2 kg non-subsidised LPG cylinder will now cost Rs 858.50 in the national capital.

Aam Aadmi Party national convener Arvind Kejriwal will take oath as the Chief Minister of Delhi for a third successive term on February 16 at the iconic Ramlila Maidan in the national capital. Kejriwal met Delhi Lieutenant Governor Anil Baijal at the Raj Niwas at 11 AM this morning. News agencies reported later that Kejriwal will be sworn in as the Delhi Chief Minister on Sunday, February 16.

The Aam Aadmi Party came out with flying colours in the recently concluded Delhi Assembly elections, winning a massive 62 out of 70 seats.

The Shiv Sena on Wednesday said Aam Aadmi Party's campaign designed around the works done by it won it a landslide victory in the Delhi Assembly polls while the BJP's polarisation attempt failed to click with voters of the national capital.

The Shiv Sena praised Delhi Chief Minister and AAP president Arvind Kejriwal, saying he single-handedly took on the army of BJP leaders, including chief ministers and central leaders, and successfully showcased the works done by his government in fields like education and health.

A person was killed after some unidentified people opened fire at AAP MLA Naresh Yadav's convoy in southwest Delhi's Kishangarh village on late Tuesday night, police said.

The newly-elected MLA along with his supporters was returning home after paying obeisance at a temple in his constituency, the police said.

Shares of Sun Pharma Advanced Research Company (SPARC) slipped 10 per cent to Rs 172 on the BSE on Wednesday in an otherwise strong market after the US health regulator rejected the cancer drug application.

SPARC on Tuesday said the company has received a Complete Response Letter (CRL) from the United States Food & Drug Administration (USFDA) for the new drug application (NDA) for Taclantis (Paclitaxel Injection Concentrate for Suspension).

Shares of IndusInd Bank slipped 3 per cent to Rs 1,252 on the BSE in Wednesday's early morning trade as rating agency Moody’s downgraded the private lender’s outlook to negative from stable on account of the risk of further asset quality deterioration. The stock was 5 per cent away from its 52-week low of Rs 1,192, touched on October 11, 2019.

The United States Trade Representative’s (USTR’s) office has classified India as a developed economy, ineligible for benefits given by Washington DC to developing countries. This is expected to stop all chances of India reclaiming its benefits under the US’ Generalized System of Preferences (GSP) scheme.

The GSP is America’s oldest preferential trade scheme, which offered Indian exporters tariff-free access to the US until June, when all benefits were suspended.

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