The Supreme Court on Tuesday rejected a plea that challenged a tribunal order asking the government to refund around Rs 104 crore to Reliance Communication, the defunct telecom company.

We don't find any merits in the appeal, said a bench of justices R F Nariman and S Ravindra Bhat about the government’s plea.

The Managing Director of Muthoot Finance company was injured after miscreants allegedly pelted his vehicle with stones here on Tuesday morning.

George Alexander Muthoot, who suffered head injury has been admitted to a private hospital, police said.

The air quality in the Delhi and its adjoining areas is docking at 314, according to government-run System of Air Quality and Weather Forecasting And Research (SAFAR).

The AQI was the highest in Mathura Road at 338, followed by IGI Airport (T3) at 328, Delhi University at 317, Dhirpur at 316, Ayanagar at 310, Chandni Chowk and Lodhi Road at 309, IIT-Delhi at 302, and Pusa at 272. The AQI in Noida stood at 354 and Gurugram at 317.

Delhi Assembly Elections dates have been announced by the Election Commission of India (ECI). The people of the national capital will vote for a new chief minister on February 8 and the results will be declared on February 11.

The announcement was made on Monday by Chief Electoral Officer (CEO) Sunil Arora. With the announcement of Delhi election dates, the Model Code of Conduct will come into force with immediate effect.

Shares of HDFC Bank climbed 2.5 per cent to Rs 1272 apiece on the BSE on Tuesday after the largest private sector lender reported strong business growth in the December quarter (Q3FY20).

The bank’s total advances grew by 20 per cent year on year (YoY) to Rs 9.34 trillion in Q3FY20, driven by festive season demand. Total advances stood at Rs 7.81 trillion in Q3FY19 and at Rs 8.97 trillion in September 2019 quarter (Q2FY20).

Shares of sugar companies were in demand on Tuesday with Balrampur Chini Mills, EID Parry (India) and Dwarikesh Sugar Industries hitting their respective 52-week highs on the BSE. The sugar companies are expected to report a strong operational performance, driven by higher sugar realizations and lower costs.

Balrampur Chini Mills rallied 7 per cent to Rs 194 on the BSE in early morning trade today, and was trading at its highest level since May 2006. It had hit an all-time high of Rs 205 on April 2006.

US ride-hailing company Uber Technologies Inc and South Korean automaker Hyundai Motor have teamed up to develop electric air taxis, joining the global race to make small self-flying cars to ease urban congestion.

Global players like Germany's Daimler , China's Geely Automobile and Japan's Toyota have all unveiled investments in startups that aim to deploy electric flying cars capable of vertical takeoff and landing.

The Supreme Court on Monday said that Vijay Mallya cannot use pendency of his plea in the apex court to stall insolvency proceedings initiated against him in other jurisdictions.

A bench headed by Chief Justice S A Bobde passed the order after the Centre told the top court that Mallya used pendency of his plea to stall the UK court from delivering verdict in insolvency proceedings.

Even as Tata Sons moved the Supreme Court challenging the restoration of Cyrus Mistry as the executive chairman of the group by National Company Law Appellate Tribunal (NCLAT) last month, the sacked executive on Sunday said he does to intend to pursue the post.

I intend to make it clear that despite the National Company Law Appellate Tribunal (NCLAT) order in my favour, I will not be pursuing the executive chairmanship of Tata Sons, or directorship of TCS, Tata Teleservices or Tata Industries, Mistry said in a statement on Sunday, a day before the top court is scheduled to hear the Tata Sons' plea.

The Delhi Police has registered a case against unidentified people in connection with the violence in Jawaharlal Nehru University, officials said on Monday.

The case has been registered under section of rioting and damage to property, they said.

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