Shares of Bharti Airtel were up 2 per cent to Rs 524 on the BSE on Wednesday after the Department of Telecom (DoT) approved raising foreign direct investment (FDI) in the company to 100 per cent from 49 per cent allowed earlier.

The telecom services provider's stock was trading at its highest level since October 15, 2007. It touched its all-time high of Rs 527 on October 10, 2007.

The Shiv Sena on Tuesday said Maharashtra Chief Minister Uddhav Thackeray should not be blamed for the uncalled for controversy over the birthplace of Saibaba as nobody can tell whether the 19th century saint was actually born in Shirdi.

Noting that the Saibaba Sansthan's assets are worth over Rs 2,600 crore out of which social works are done, an editorial in Sena mouthpiece Saamana said Shirdi became rich because of the saint, and none can snatch away the richness of the town where he died.

Shares of Info Edge (India) climbed as much as 3.36 per cent to hit a high of Rs 2,676 apiece on the BSE in the intra-day trade on Tuesday after food aggregator Zomato signed a definitive agreement to acquire Uber Eats, Uber's food delivery business in India, in an all-stock transaction.

Info Edge has a stake in Zomato, which upon closing of the said acquisition, will reduce to about 22.71 per cent on fully converted and diluted basis, it said in a regulatory filing.

The Supreme Court on Tuesday agreed to list next week the fresh pleas of telecom firms, including Bharti Airtel, Vodafone Idea and Tata Teleservices, seeking a fresh schedule of payment of statutory dues to the tune of Rs 1.47 lakh crore to the Department of Telecommunications.

A bench headed by Chief Justice S A Bobde took note of submissions by a battery of senior lawyers including A M Singhvi and C A Sundaram and said it will list the fresh pleas "sometime in next week" before the same bench which had heard the earlier petition in the high-stake matter.

Shares of Century Textiles & Industries gained 3 per cent to hit a fresh 52-week high of Rs 553 on the BSE on Tuesday amid expectations of improved financial performance in the second half of the current financial year (H2FY20). The company is scheduled to announce Q3FY20 results on January 28, 2020.

The stock of the BK Birla Group company has zoomed 40 per cent in the past three months, after it turned ex-date on October 11, 2019 for the demerger of cement division and its merger into UltraTech Cement.

Gold prices jumped in the future markets on MCX as a new strain of pneumonia in China could hamper economic growth. Also, theInternational Monetary Fund (IMF) has trimmed its 2019 growth forecast for India to 4.8 per cent from its October projection of 6.1 per cent.

MCX gold rose Tuesday morning due to flight to safe-haven by the international trade community.

The BJP on Tuesday released the second list of candidates for the Delhi Assembly polls, fielding state Yuva Morcha President Sunil Yadav from the New Delhi constituency against Chief Minister Arvind Kejriwal.

The list was announced after midnight following the announcement of Siromani Akali Dal (SAD) to not contest the Delhi polls in alliance with the BJP due to its stand on the Citizenship Amendment Act.

Startups from India with innovative technologies in the aerospace, civil aviation and air services are expected to pitch for support to industry heavyweights such as Airbus and Boeing at the Singapore Air Show 2020 next month, the organisers said.

The Singapore Air Show would be organised from February 11-16 and will witness the participation of some 65 top aerospace and defence companies.

Three rockets fell near the United States (US) embassy at the high-security Green Zone in Iraq's capital Baghdad, news agency AFP reported on Tuesday morning, citing security sources.

No immediate reports of casualties have been received.

According to AFP, sirens could be heard across the zone immediately after the rockets made their impact. A BBC reporter also posted on Twitter about the alarms that were sounding in the US embassy complex, adding that speakers were telling those who were inside to take shelter.

Shares of Vodafone Idea surged 16 per cent to Rs 5.70 on Tuesday, extending its Monday's 8 per cent gain on the BSE, amid hopes that the Supreme Court (SC) may extend the deadline for adjusted gross revenue (AGR) dues payment of January 24, 2020.

On Friday, the stock of telecom services provider tanked 25 per cent to level of Rs 4.51 after the SC rejected the review petition by Vodafone Idea and Bharti Airtel challenging the apex court's 24 October order on AGR.

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