Shares of Alkem Laboratories surged 8 per cent to hit a new high of Rs 2,699, on the BSE, on Monday after it reported a strong 56.8 per cent year on year (YoY) growth in consolidated profit before tax (PBT) at Rs 40.46 crore for the December quarter (Q3FY20). The pharmaceuticals company had PBT of Rs 25.81 crore in the year ago quarter.

Meanwhile, the board of directors of the company declared an interim dividend of Rs 22 per equity share for the financial year 2019-20. The company has fixed Saturday, February 15, 2020 as the record date for the purpose of payment of interim dividend.

With some of the 100 selected Smart Cities lagging behind, Prime Minister Narendra Modi’s parliamentary constituency Varanasi will guide Amritsar and Ahmedabad will help Chandigarh in implementing projects under the mission.

The Union Housing and Urban Affairs Ministry has paired up 20 best performing cities with the 20 bottom cities and they will work as sister cities.

The Jharkhand Vikas Morcha (Prajatantrik) headed by former chief minister Babulal Marandi is all set to formally merge with the BJP on February 17 at an event in state capital Ranchi.

The news comes after Marandi met with BJP national president JP Nadda on Sunday (February 9) in the presence of party's Jharkhand in-charge Om Mathur.

As the Maharashtra Navnirman Sena (MNS) chief Raj Thackeray on Sunday took out a massive rally in Mumbai demanding eviction of illegal Pakistani and Bangladeshi 'infiltrators', his estranged cousin and Shiv Sena chief took a jibe at him by saying that his party doesn't need to change its flag to prove its Hindutva.

The Maharashtra CM was referring to the recent development in which MNS unveiled its newly designed all-saffron flag, rebranding itself as a Hindutva party.

Shares of steel giant Tata Steel slipped over 4 per cent on Monday as the firm posted consolidated loss of Rs 1,229 crore for the quarter ended December 31, 2019 (Q3FY20) against a profit of Rs 1,753 crore profit in the year-ago period.

It reported a consolidated loss before tax of Rs 236 crore in the December quarter, against a profit of Rs 3,140 crore in the same period a year ago, on the back of lower sales.

The number of deaths from China's new coronavirus epidemic jumped to 902 on Monday after the hardest-hit province of Hubei reported 91 new fatalities.

In its daily update, Hubei's health commission also confirmed another 2,618 new cases in the central province, where the outbreak emerged in December.

Domestic passenger vehicle sales declined 6.2 per cent to 262,714 units in January from 280,091 units in the year-ago month, automobile industry body SIAM said on Monday.

Car sales last month were also down 8.1 per cent at 1,64,793 units as against 1,79,324 units in the January last year, according to data released by the Society of Indian Automobile Manufacturers (SIAM).

The final voter turnout in Delhi assembly polls was 62.59 per cent, five per cent less than 2015, the Election Commission announced on Sunday evening nearly 24 hours after the polling ended, while the Aam Aadmi Party questioned the delay.

Delhi Chief Electoral Officer Ranbir Singh, however, said there was no unusual delay in announcing the final voter turnout as the returning officers were busy with scrutiny of data to ensure its accuracy.

External Affairs Minister S Jaishankar on Saturday met Sri Lankan Prime Minister Mahinda Rajapaksa and discussed issues relating to development partnership and security cooperation between the two neighbouring countries.

Mahinda Rajapaksa, elder brother of Sri Lankan President Gotabaya Rajapaksa, arrived here on Friday on a five-day trip, his first overseas visit after being appointed as prime minister of the island nation in November last year.

Once at the helm of businesses like Reliance Infrastructure, Reliance Capital, and Reliance Communication with a market capitalisation of $100 billion, Anil Ambani is the complete opposite of the popular idiom ‘rags to riches’. At least that is what he claimed in a UK-court where he was battling Chinese Banks that claim he owes them $680 million. Ambani told the court that his net worth was nearly zero or that his family would not step in to assist him when push came to shove.

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