Shares of Graphite India slipped 5 per cent to Rs 268 on the BSE on Monday after it reported a consolidated net loss of Rs 353 crore in December quarter (Q3FY20), due to steep fall in electrode prices.

The graphite electrode manufacturer had posted a consolidated net profit of Rs 764 crore in the same quarter last fiscal. The stock was trading close to its 52-week low level of Rs 255 touched on October 9, 2019.

The National Company Law Appellate Tribunal on Monday allowed JSW Steel to acquire of Bhushan Power & Steel Ltd for Rs 19,700 crore by providing it immunity from prosecution.

A two-member bench headed by Chairman Justice S J Mukhopadhaya, said that JSW Stwel will be immuned from the acts done by the former promoters of the Bhushan Power & Steel Ltd.

AAP supremo Arvind Kejriwal on Monday took charge as the Chief Minister of Delhi for the third time.

Members of his Cabinet, including Manish Sisodia, Satyendar Jain, Rajendra Pal Gautam and Imran Hussain, also took charge at the Delhi Secretariat.

Come February 18 and ace poll strategist and former Janata Dal (United) vice-president Prashant Kishor could roll out his future plans following his unceremonious exit from Bihar’s ruling party. Kishor, who was brought into the JD(U) fold by Chief Minister Nitish Kumar in September 2018, was expelled from the party on January 29 for taking a line on the Citizenship Amendment Act that was contrary to the official stand of the JD(U). Kishor, it is learnt, is likely to float a new forum, The Indian Express reported. The new political or apolitical forum will focus on the bigger participation of youth in politics.

The coronavirus epidemic could damage global economic growth this year, the IMF head said on Sunday, but a sharp and rapid economic rebound could follow.

There may be a cut that we are still hoping would be in the 0.1-0.2 percentage space, the managing director of the International Monetary Fund, Kristalina Georgieva, told the Global Women’s Forum in Dubai.

After a spectacular win the Delhi Assembly Elections, the Aam Aadmi Party (AAP) is all set to extend across the country with a target to connect with one crore people. Starting February 23, the party will launch a mon-long massive campaign in all states as part of the extension plan, senior party leader Gopal Rai said on Sunday.

He gave the information after chairing a meeting with Aam Aadmi Party (AAP) state office bearers at the Chief Minister's residence. Rai also took oath on Sunday along with five other cabinet members.

Hours after a video emerged that purportedly showed police thrashing students in the Jamia Milia Islamia library on December 15, two more videos have surfaced in which people are purportedly seen entering the university's library in a rush.

In the second video, some people are seen with their face covered. As soon as they enter the library, those present inside the room can be seen pushing tables and chairs to block the main door. However, it does not have details of the timing and date of the incident. The video runs for 5:25 minutes.

After Supreme Court rap and the government's stringent deadline, Bharti Airtel on Monday said it has paid Rs 10,000 crore to the telecom department towards statutory dues.

The company said it will make payment of the balance amount after self assessment exercise.

The number of fatalities due to the deadly coronavirus outbreak in China has reached 1,770, with 105 new deaths reported in the country on Monday. Of the new deaths, 100 were from Hubei Province, three in Henan, and two in Guangdong.

At least 2,048 new cases have been confirmed, taking the total number of infected cases to 70,548, the National Health Commission announced.

In a major land deal, realty firm Godrej Properties on Monday said it has acquired nearly 27 acre land parcel in the national capital for Rs 1,359 crore to develop luxury housing project.

The company said in a statement that it has added a new project in theresidential market of Ashok Vihar, Delhi.

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