Beleaguered Coffee Day Enterprises Ltd.'s sale of its technology park to Blackstone Group Inc. is stalled as one of its creditors hasn't approved the deal, people with the knowledge of the matter said.

Yes Bank Ltd. hasn't issued the so-called no objection certificate as it's seeking assurances on repayments of other loans taken by Coffee Day, said the people, asking not to be identified as the information isn't public. All other creditors have approved the transaction, the people said.

Country's largest lender State Bank of India has reduced its MCLR (Marginal Cost of Funds based Lending Rate) by 10 basis points across all tenors.

The one year MCLR has come down to 7.90 per cent per annum from 8.00 per cent per annum with effect from December 10, 2019.

Top Congress leaders extended birthday wishes to party chief Sonia Gandhi, who turned 73 on Monday.

Prime Minister Narendra Modi also wished Gandhi, tweeting, Birthday wishes to Mrs. Sonia Gandhi Ji. Praying for her long life and good health.

Shares of Maharashtra Seamless rose 3.7 per cent to Rs 373 on the BSE on Monday on receipt of an order from Oil and Natural Gas Corporation (ONGC) worth Rs 500 crore.

In an exchange filing, the company said it has bagged order for supply of seamless castings to ONGC.

Shares of Dish TV India surged 15 per cent to Rs 14.44 on the BSE on Monday after the company said the default in debt repayment was on account of a temporary cash shortfall due to peak payment commitments to suppliers.

The Company's deferral to service the loan amount is due to bunching of repayment obligations and utilization of funds for other business requirements including, both capital expenditure and payment of operating liabilities to broadcasters and suppliers, Dish TV India said in a regulatory filing.

Shares of automobile companies gained on Monday after Maruti Suzuki India (MSI) increased its production in November. At 10:30 AM, the S&P BSE Auto index climbed 1.5 per cent as compared to a flat benchmark S&P BSE Sensex and was the top gainer among BSE sectoral indices.

Among individual stocks, Maruti Suzuki India, Tata Motors, and Motherson Sumi rose over 2 per cent each. Eicher Motors, Ashok Leyland, Mahindra & Mahindra, TVS Motor, Hero MotoCorp were all up in the range of 1-2 per cent, while Bajaj-Auto was also trading higher.

The Telangana High Court will hear the case of Friday's encounter of four men accused of raping and murdering a veterinarian in Hyderabad.

A bench headed by Chief Justice will hear the matter at 10:30 am.

Cyberabad Police had on Friday killed all the four accused in the gangrape and murder of a Hyderbad-based veterinary doctor.

The controversial Citizenship (Amendment) Bill, 2019, which seeks to grant Indian citizenship to non-Muslim refugees from Pakistan, Bangladesh and Afghanistan, will be tabled in Lok Sabha on Monday.

The Bill, which proposes to amend the Citizenship Act, 1955, will be tabled by Union Home Minister Amit Shah in the lower house of the Parliament and will be taken up for discussion and passage, according to the Lok Sabha's List of Business for Monday.

The Delhi High Court has issued notices to exporters in cases related to non-payment of integrated goods and services tax (IGST) on imports under an export incentive scheme.

The cases relate to the review petition filed by revenue authorities regarding imposition of IGST on imports of goods under the advance authorisation scheme, which allows exporters to import goods that go into exports without payment of duties.

The Supreme Court has ordered an interim stay on the National Company Law Appellate Tribunal's (NCLAT's) ruling on the resolution of debt-ridden Orchid Pharma.

The NCLAT in November set aside the National Company Law Tribunal's (NCLT's) approval of a resolution plan by Gurgaon-based Dhanuka Laboratories for Orchid and remitted the matter to the NCLT, observing that it quoted an amount below the liquidation value and could not be approved.

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.