The Delhi government on Monday recommended rejecting mercy petition of Pawan Gupta, one of the four death row convicts in the 2012 Nirbhaya gang rape and murder case.

Sources said that the Delhi government made the recommendation just a few minutes after it received the mercy petition from the Union Home Ministry.

Shares of pharmaceutical companies were in focus with the S&P BSE Healthcare index gaining more than 2 per cent on the BSE on Tuesday. Pfizer, Sun Pharmaceuticals Industries, Metropolis Healthcare, Bliss GVS Pharma, RPG Life Sciences, Dr. Lal PathLabs, Biocon, Albert David and FDC from the index were up more than 3 per cent.

At 10:17 am, the S&P BSE Healthcare index, the second biggest gainer among the key sectoral indices, was up 2.2 per cent, as compared to a 1.1 per cent rise in the S&P BSE Sensex.

Around a week after the national capital was hit by violent riots that has claimed 47 lives so far, Delhi Chief Minister Arvind Kejriwal on Tuesday will meet Prime Minister Narendra Modi at 11 AM. It is a courtesy meeting and will take place in the Parliament at 11 AM.

The is the first visit between Kejriwal and Modi after the former gained a huge victory in the recently held Delhi Assembly elections.

The Telangana health department officials are monitoring at least 80 people with whom the first COVID-19 affected person has come in contact with since he came to Hyderabad on February 22.

Giving alarming details of this case, Telangana Health Minister Etela Rajendar informed that the 24-year-old software professional originally hailing from Mahendra Hills area of Secunderabad had gone to Dubai from his Bengaluru-based office and after he came to Hyderabad on February 22, developed symptoms associated with COVID-19.

Eicher Motors, the parent company of Royal Enfield, climbed around 4 per cent to Rs 17,685 apiece on the BSE on Tuesday, a day after the company announced its board of directors will meet on March 11 to consider and approve payment of interim dividend.

A meeting of the Board of Directors of the Company will be held on Wednesday, March 11, 2020, inter-alia, to consider and approve proposal for payment of interim dividend on the equity shares of the Company for the financial year 2019-20, the company said in its press release.

Gold rose nearly 1 per cent on Monday after suffering its largest daily fall in nearly seven years, as expectations grew for policy easing by the US Federal Reserve and other central banks to help boost the coronavirus-hit global economy.

Spot gold was up 0.4 per cent at $1,591.84 an ounce by 1:40 p.m. EST (1840 GMT), and US gold futures settled 1.8 per cent higher at $1,594.80.

Tata Sons and Singapore Airlines are actively weighing the option to bid for Air India and a decision to submit an expression of interest (EoI) could be taken soon.

Sources aware of the development said the board of Tata Sons, the holding company of the group, would meet later this week and possibly take up the Air India matter for approval.

Mastercard is banking big on its co-branded card in partnership with Zomato and RBL, in a bid to tap the potential of online food delivery market, which has been expanding beyond big cities.

The ‘Edition Cards’ will offer a host of benefits for cardholders every time they use Zomato or spend online and offline. The co-branded card, which comes in two variants — Edition and Edition Classic, will offer benefits such as Zomato Gold membership, cash back as well as airport lounge access.

India cricket team skipper Virat Kohli had a fiery exchange with a journalist who asked him to tone down his aggression following team's crushing defeat in the second and final Test against New Zealand cricket team at the Hagley Oval.

India lost the Christchurch Test by seven wickets on Monday, thus suffering from their first-ever whitewash under Kohli and in the post-match presser, the Indian skipper was asked about his on-field antics during the match which didn't go down too well with the 31-year-old cricketer.

The Supreme Court on Monday agreed to hear on March 4 a plea seeking lodging of FIRs against politicians and others for their purported hate speeches which allegedly led to recent violence in Delhi.

The plea filed by some riot victims was mentioned for urgent listing before a bench headed by Chief Justice S A Bobde, which said it would be heard on Wednesday.

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