The battle over the assets of the late K K Modi, between his widow, Bina, and son, Lalit Modi, has taken another step.

In a series of tweets on Monday, Lalit Modi said all assets of the group were on sale. Meanwhile, Bina Modi has been elected chairperson of Modi Enterprises.

Barely five days after the Andhra Pradesh legislative council sent the three capitals bill to the select committee, the state assembly on Monday passed a resolution to dissolve the council itself.

The resolution tabled by the YSR Congress Party and subsequently passed by the assembly will be sent to the Central government for further process.

Even though no case of novel coronavirus infection has been confirmed in India, the suspected cases have created quite a scare across the country. On Tuesday, three suspected cases of the infection were reported in Delhi. All of them have been admitted to the Ram Manohar Lohia hospital.

Dr. Minakshi Bhardwaj, Medical Superintendent of the RML hospital has informed that the patients have been kept in isolation for further treatment.

Shares of InterGlobe Aviation, the parent company of budget carrier IndiGo, soared over 3 per cent to Rs 1,541.2 on the BSE on Thursday after the company reported a steep rise in profit after tax (PAT) at Rs 496 crore for the quarter ended December 2019, mainly helped by higher income. The company had a profit after tax of Rs 185.2 crore in the year-ago period.

The company's total income surged a robust 25.5 per cent to Rs 10,330.2 crore in the latest December quarter from Rs 8,229.3 crore in the corresponding period a year ago.

Sri Lanka suspended its policy of granting visa on arrival for Chinese travellers on Tuesday, a day after the health authorities detected the country's first coronavirus infection.

Sudath Suraweera, the chief epidemiologist of the country's health ministry, said on Monday that a 40-year-old Chinese woman was found positive for the virus.

Shares of HDFC advanced 3.13 per cent to Rs 2,470.85 on the BSE on Tuesday after the housing finance firm posted a strong December quarter result on Monday. The non-banking finance company (NBFC) reported a 219 per cent rise in profit before tax (PBT) at Rs 9,143 crore in the third quarter of the current financial year mainly aided by a one-time fair value gain of Rs 9,020 crore.

At 9:41 am, the stock was trading 2.47 per cent higher at Rs 2,454.9 apiece on the BSE, as against a 0.3 per cent rise in the S&P BSE Sensex. So far, over 2.36 million shares have changed hands on the counter on the NSE and BSE.

Shares of Adani Gas slipped 14 per cent to Rs 148 on the BSE in Friday's session on reports that Petroleum and Natural Gas Regulatory Board of India (PNGRB) has sent a notice to the company for failing to disclose crucial information regarding a scheme of arrangement with Adani Enterprises.

According to the report by TV channel CNBC Awaaz, Adani Gas has bid for gas projects using networth calculations of Adani Enterprises and that the company’s shareholding changes and restructuring violated city gas distribution regulations.

The Shiv Sena on Friday said there have been attempts to muzzle dissenting voices and this is one of the reasons for India slipping in the 2019 Democracy Index’s global ranking. An editorial in Sena mouthpiece Saamana said a slowdown in economy gives rise to unrest and instability, and this was getting reflected in the prevailing situation in the country.

Now (after an economic slowdown) there is a slide in (India’s) global democracy index ranking, the Marathi daily said.

Union minister Piyush Goyal on Thursday said Muslims in India are safer than most places in the world.

India is probably one of the most inclusive societies in the world, Goyal said here at a session on 'Strategic Outlook: India' at the WEF 2020.

A Delhi court judge who issued death warrants for all four convicts in Nirbhaya case has been transferred to the Supreme court registry.

Judge Satish Arora has been appointed as additional registrar in the Supreme Court on a deputation for a year.

Satish Arora had been hearing the petition of parents of Nirbhaya seeking to expedite the process of execution.

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