Men’s skincare brand Bombay Shaving Company (BSC) has raised Rs 45 crore in Series B funding round led by Sixth Sense Venture Partners. Existing investor Colgate Palmolive Asia Pacific, a subsidiary of consumer goods giant Colgate-Palmolive, participated in the round too.

BSC said it has also created Rs 20 crore worth of exit opportunities for 30 angels and early employees. This fundraising has taken the total capital raised by BSC to Rs 80 crore.

Janata Dal (United) leader Prashant Kishor on Tuesday thanked Congress leader Rahul Gandhi for joining the protests against the Citizenship Amendment Act and proposed pan-India National Register of Citizens (NRC) exercise. Kishor said that he expects Rahul to make his party’s stand on the matter official by declaring that NRC will not be implemented in the states ruled by the grand old party.

Thanks Rahul Gandhi for joining citizens’ movement against CAA, NRC. But as you know beyond public protests we also need states to say NO to NRC to stop it, he said in a tweet in the morning.

The Delhi High Court on Tuesday declined to entertain a plea which alleged that telecom services were disrupted in various parts of the national capital during the anti-citizenship law protests in violation of rules.

A bench of Chief Justice D N Patel and Justice C Hari Shankar refused to entertain the PIL after Additional Solicitor General (ASG) Sanjay Jain, appearing for the Centre, told the court the disruption was only for four hours on December 19 and was no longer continuing.

India is now in the midst of a significant economic slowdown, the International Monetary Fund has said, urging the government to take urgent policy actions to address the current prolonged downturn.

In its report released Monday, the IMF Directors noted that India's rapid economic expansion in recent years has lifted millions of people out of poverty. However, in the first half of 2019, a combination of factors led to subdued economic growth in India.

A German Student at IIT Madras has been asked to leave the country immediately, The Indian Express reported. Jakob Lindenthal is a student in the Master’s course in the Department of Physics. According to Jakob, he was asked to leave the country days after he took part in protests against the just amended citizenship law and proposed pan-India NRC exercise.

Speaking to the daily on Monday night before boarding a flight at the Chennai airport, Jakob said he received oral directions to leave India from Foreign Regional Registration Office, Chennai in the afternoon.

Shares of Dishman Carbogen Amcis were locked in 20 per cent lower circuit at Rs 72 on Tuesday, falling 38 per cent in the past three trading days on the BSE after the Income Tax Department conducted day-long 'search and survey operation' at the properties of the pharma major on December 19.

The stock is trading at its all-time low level since listing on September 21, 2017. The counter has seen huge trading volumes with a combined 4.3 million equity shares, representing 2.6 per cent of the company's total equity, changing hands on the NSE and BSE till 10:49 am.

The Securities and Exchange Board of India (Sebi) has barred three people from the capital markets for seven years for creating sham identities and cornering shares in IPOs at the cost of genuine investors.

Besides, they have been asked to disgorge unlawful gain of about Rs 7 lakh, including interest. Babulal M Dugar, Manoj Kumar Dugar, and Vinod Kumar Dugar are the three persons facing ban.

The national capital is likely to witness its longest cold spell in December after 1997 with the Meteorological Department predicting another cold day on Tuesday.

According to Kuldeep Srivastava, head of the India Meteorological Department's regional forecasting centre, a "cold day" is when the maximum temperature is at least 4.5 notches below the normal.

Shares of state-owned Indian Railway Catering and Tourism Corporation (IRCTC) gained 4 per cent at Rs 899 on the BSE on Tuesday after the Ministry of Railways revised tariff of standard meals on static units in railway stations.

In an exchange filing yesterday, IRCTC said the Ministry of Railways had revised the tariffs.

The Indian Railways is likely to hike passenger fares for all trains and classes this week. The increase in fare may range from 5 to 40 paise per kilometer, according to a report in Hindi daily Dainik Bhaskar.

The proposal had received approval from the Prime Minister's Office in November but announcement was reportedly delayed owing to the ongoing Assembly elections in Jharkhand.

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