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Larsen & Toubro trades lower for fourth straight day, hits new 52-week low

Larsen & Toubro trades lower for fourth straight day, hits new 52-week low

Shares of Larsen & Toubro (L&T) were trading lower for the fourth straight day, slipping 1.3 per cent on Tuesday to hit 52-week low of Rs 1,244 on the BSE. The construction & engineering company's stock was trading at its lowest level since February 18, 2019.

In the last nine months, L&T has underperformed the market by falling 22 per cent, as compared to 2 per cent rise in the benchmark S&P BSE Sensex during the period.

Nirbhaya case: SC to hear today Centre's plea on separate hangings

Nirbhaya case: SC to hear today Centre's plea on separate hangings

The Supreme Court on Tuesday will hear a petition, filed by the Ministry of Home Affairs (MHA), seeking a direction to execute the death row convicts in the 2012 Nirbhaya gang-rape and murder case separately.

A three-judge bench, headed by Justice R Banumathi and also comprising Justices Ashok Bhushan and Navin Sinha, will hear the plea today.

The Centre moved the apex court after the Delhi High Court had rejected its petition.

TVS Motor slides 6% as coronavirus outbreak set to impact February output

TVS Motor slides 6% as coronavirus outbreak set to impact February output

Shares of TVS Motor Company slipped 6 per cent to Rs 410 on the BSE on Tuesday after the two and three-wheelers manufacturer said the outbreak of pandemic Coronavirus (COVID-19) in China will lead to 10 per cent drop in its planned production in February. The stock was trading at its lowest level since October 17, 2019.

In the past one month, TVS Motor has underperformed the market by falling 12 per cent, as compared to 3 per cent decline in the S&P BSE Sensex.

Cash is still king in India, but digital payments rising sharply: RBI

Cash is still king in India, but digital payments rising sharply: RBI

Cash is still king in India, but there has been a perceptible shift in favour of digitisation in recent years, according to an internal study of the Reserve Bank of India (RBI). Having a high currency in circulation (CIC) relative to gross domestic product (GDP) is a good indicator of cash being highly preferred for payments. Based on this assumption, India continues to have a strong bias for cash payments, the study noted.

Four including cop killed in violence in North-East Delhi, at least 76 injured

Four including cop killed in violence in North-East Delhi, at least 76 injured

After a Delhi police constable was killed as protests against the Citizenship Amendment Act (CAA) in North-East Delhi, three more civilians were reported to have lost their lives. All three died due to gunshot, the Chief Minister's Office (CMO) confirmed.

According to reports, ten policemen have been seriously injured. DCP Shahdara, Amit Sharma, was also injured in the stone-pelting and admitted to Max Hospital in Patparganj. He is said to have developed a clot in the brain. His car was set on fire near Chand Bagh Bazaar.

Indian CEOs need to build their own inclusive tech solutions: Nadella

Indian CEOs need to build their own inclusive tech solutions: Nadella

Microsoft chief executive Satya Nadella on Monday urged Indian business leaders to build technology capabilities that are inclusive in nature.

Beginning his three-day visit to India, Nadella was addressing Microsoft's Future Decoded CEO Summit here.

TCS, DLF seek govt nod to set up IT SEZs in Haryana, Uttar Pradesh

TCS, DLF seek govt nod to set up IT SEZs in Haryana, Uttar Pradesh

Software firm TCS and realty major DLF have sought government nod to set up special economic zones (SEZ) for IT sector in Haryana and Uttar Pradesh.

These proposals will be taken up by the Board of Approval, the highest decision-making body for SEZ, in its meeting on February 26 here. The inter-ministerial body is chaired by the commerce secretary.

Maruti launches petrol version of Vitara Brezza, priced at Rs 7.34 lakh

Maruti launches petrol version of Vitara Brezza, priced at Rs 7.34 lakh

The country's largest carmaker Maruti Suzuki India on Monday launched the petrol version of its popular compact SUV Vitara Brezza priced between Rs 7.34 lakh and Rs 11.4 lakh (ex-showroom Delhi).

The BS-VI petrol Vitara Brezza is powered by 1.5 litre K-series engine with 5-speed manual and automatic transmission options with smart hybrid, the company said in a statement.

Hero MotoCorp shares slip to over 5-year low, tumble 12% in February

Hero MotoCorp shares slip to over 5-year low, tumble 12% in February

Shares of Hero MotoCorp (HMCL) slipped 2 per cent intra-day to hit an over five-year low of Rs 2,192 on the BSE on Monday amid concerns that the volume weakness might continue in the next 2-3 quarters due to inventory correction with dealers and notable price increases as a result of the BSVI transition. The two-wheeler major's stock was trading at its lowest level since May 2014.

Malaysia PM Mahathir Mohamad submits resignation to king amid turmoil

Malaysia PM Mahathir Mohamad submits resignation to king amid turmoil

Malaysian Prime Minister Mahathir Mohamad, at 94 the world's oldest leader, submitted his resignation to the king Monday after a bid by his allies to bring down the government and block the succession of leader-in-waiting Anwar Ibrahim.

The shock move followed 24 hours of political drama which saw an attempt by Anwar's rivals within his own Pact of Hope coalition, which stormed to a historic election victory in 2018, and opposition politicians to form a new government.

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