Shares of Sun Pharma cracked as much as 2.84 per cent to Rs 426.50 apiece on the BSE on Monday after the company informed that the US FDA has issued a Form 483, with eight observations for its Halol (Gujarat) facility. The inspection was conducted from December 03-13, 2019, the company said in its regulatory filing.

At 09:30 am, the stock was trading over 1.50 per cent lower at Rs 431.70. In comparison, the benchmark S&P BSE Sensex was trading 72 points or 0.18 per cent higher at 41,082 levels.

All detained students of the Jamia Millia Islamia University (JMI) have been released from the Kalkaji and New Friends Colony Police Stations, the Delhi Police said in a statement on Monday. Students of JMI and Jawaharlal Nehru University (JNU) had organised a protest throughout Sunday midnight at the Delhi Police Headquarters, ITO, to protest against the alleged brutality of police personnel at the JMI campus on Sunday.

Protesters blocked trains and roads in parts of West Bengal on Monday as the state braced for the fourth day of unrest against India’s new citizenship law,

Protesters in East Midnapore and Murshidabad districts blocked thoroughfares Monday morning, inconveniencing hundreds of commuters, said officials.

Shares of BGR Energy surged 16 per cent to Rs 41.15 in early morning deals on Monday, thus rallying 39 per cent in the last two trading days after the company won a contract worth of Rs 4,443 crore from Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO).

In a regulatory filing on Friday, BGR Energy said the company was awarded a contract by Tamil Nadu Generation and Distribution Corporation Limited for the execution of 1x660 MW Supercritical Ennore Thermal Power Station Expansion Project under EPC basis.

Nifty Bank index held its gains above the crucial 32,000-mark, and hit a record high of 32,186.95 in the opening deals on the National Stock Exchange (NSE) on expectations that ArcelorMittal could complete payment worth Rs 42,000-crore in the Essar Steel case to the lenders. For the world's largest steel maker, the timeline of one month for the full payment ends on Monday.

The Income Tax Department has issued as much as Rs 1.57 trillion of income tax refunds in the first eight-and-a-half-months of the current fiscal compared to Rs 1.23 trillion in full 2018-19 fiscal, Revenue Secretary Ajay Bhushan Pandey said Friday.

At a press conference called to disclose impact of steps taken to boost consumption in the economy so as to uplift growth from a six-year low, Pandey said tax refund cases have gone up by 17 per cent to 2.16 crore.

In a historic move, the Andhra Pradesh legislative assembly on Friday passed AP Disha Act 2019 to protect women and children in sexual offences cases by providing speedy investigation and justice to victims.

Chief Minister YS Jaganmohan Reddy said the Nirbhaya case and the recent Disha case have compelled the need for AP Disha Act which has many salient features.

Tamil Nadu has overtaken Karnataka to become India's top renewable power generating state in FY20 (till October).

Of the total renewable power generation in the country, nearly 17.2 per cent was from Tamil Nadu. According to Central Electricity Authority (CEA) data in 2019-20 (upto October) 85,774.92 million units (MU) of power was generated through renewable energy, of which 14,771.69 MU was generated by Tamil Nadu followed by Karnataka (14,730.08 MU), Gujarat (10,505.54), Andhra Pradesh (9,638.70), Maharashtra (8,942.55) and Telangana (3794.99 ).

India's market for initial public offerings is expected to gather pace in 2020 after this year's relatively small crop saw strong gains in the stock market.

The 14 mainboard IPOs this year have risen by an average of more than 50% since listing, data compiled by Bloomberg show.

Shares of Housing Development Finance Corporation (HDFC) hit an all-time high of Rs 2,363, up 2 per cent on the BSE on Friday after the company completed the acquisition of HDFC Credila Financial Services. The stock surpassed has its previous high of Rs 2,357 hit on July 18, 2019.

"The Corporation has completed acquisition of 11.47 million equity shares, representing 9.12 per cent of total equity of HDFC Credila for a total consideration of Rs 395 crore, from its promoter Ajay Bohora and Anil Bohora," HDFC said in a regulatory filing.

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