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IRCTC jumps 12.5% on strong Q3 nos; Co announces interim dividend of Rs 10

IRCTC jumps 12.5% on strong Q3 nos; Co announces interim dividend of Rs 10

Indian Railway Catering and Tourism Corporation (IRCTC), the recently-listed online ticketing, tourism and the catering arm of railways, jumped over 12 per cent on Thursday, a day after the company posted strong set of numbers for the quarter ended December 31, 2019.

At 09:28 am, the stock was quoting around 10 per cent higher at Rs 1,559 apiece on the BSE. It hit a high of Rs 1,596.95 in the early trade against previous close of Rs 1,418.95. In comparison, the S&P BSE Sensex was trading 0.14 per cent lower at 41,508 levels.

Death toll from Coronavirus surges by 242 in a day in China's Hubei

Death toll from Coronavirus surges by 242 in a day in China's Hubei

The number of fatalities and new cases from China's coronavirus outbreak soared on Thursday, with 242 more deaths and nearly 15,000 extra patients in hard-hit Hubei province as authorities changed their threshold for diagnosis.

At least 1,355 people have now died nationwide and nearly 60,000 have been infected after Hubei's health commission reported the new numbers.

Bharti Airtel subsidiary to raise additional $250 mn via perpetual bonds

Bharti Airtel subsidiary to raise additional $250 mn via perpetual bonds

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.

'Assam NRC data safe', Centre clarifies after it disappears from website

'Assam NRC data safe', Centre clarifies after it disappears from website

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.

Coronavirus casts chill over aviation outlook despite Asian growth

Coronavirus casts chill over aviation outlook despite Asian growth

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.

LPG cylinder prices hiked sharply from today, to cost Rs 858.5 in Delhi

LPG cylinder prices hiked sharply from today, to cost Rs 858.5 in Delhi

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.

Delhi Election Result 2020: Arvind Kejriwal to take oath as Chief Minister on Sunday at Ramlila Maidan

 Delhi Election Result 2020: Arvind Kejriwal to take oath as Chief Minister on Sunday at Ramlila Maidan

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.

AAP's focus on governance trumped BJP's polarisation: Shiv Sena

AAP's focus on governance trumped BJP's polarisation: Shiv Sena

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.

Shots fired at AAP MLA's convoy, party worker dead; investigation underway

Shots fired at AAP MLA's convoy, party worker dead; investigation underway

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.

SPARC slips 10% as USFDA rejects cancer drug application

SPARC slips 10% as USFDA rejects cancer drug application

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).

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