Shares of Tata Coffee rallied 8 per cent on the BSE to hit a 52-week high of Rs 107 on Wednesday after the company reported a strong 61 per cent year-on-year (YoY) jump in its consolidated profit before exceptional items and tax (PBT) at Rs 53 crore in December quarter (Q3FY20). The company had logged PBT of Rs 33 crore in the year-ago quarter.

The company’s revenue from operations remained flat during the quarter at Rs 166 crore against Rs 165 crore in the corresponding quarter of the previous fiscal. Profit after tax (PAT) grew 53 per cent YoY at Rs 24.37 crore, the company said in an exchange filing.

Reliance Industries, India's largest petchem player, is launching a project to use plastics in road construction, amid growing concerns over pollution in the country of 1.3 billion whose major cities are often plagued with smog and litter.

India, which uses about 14 million tonnes of plastic annually, lacks an organized system for management of plastic waste, leading to widespread littering.

AAP national convener Arvind Kejriwal on Tuesday said that the February Assembly elections are a fight between 20 millionpeople of Delhi and 200 BJP MPs, as he urged people to vote for AAP.

This fight is between two crore people of Delhi and 200 BJP MPs. When they come, count the number of works done in five years and send them back to their states. Do not let them insult Delhi, he said while addressing the public during his roadshow here.

A gay couple has moved the Kerala High Court, seeking to strike down certain provisions under the Special Marriage Act, 1954, which do not permit to get their marriage registered.

Considering the writ petition by the petitioners on Monday, the court has sought the views of Central and state governments on the matter.

The Jharkhand government under Chief Minister Hemant Soren is likely to undertake its first expansion on Tuesday, with as many as eight new ministers set to be inducted into the council of ministers. The swearing-in ceremony of the new ministers is scheduled to be held at 4 PM at the Raj Bhavan in Jharkhand’s capital city of Ranchi.

The Soren-led Jharkhand Mukti Morcha is expected to get the lion’s share with as many as five ministers likely to be from the party. Two other ministers are expected to be administered oath from the Congress party.

GST collections have crossed Rs 1 lakh crore mark for the third month in a row in January 2020. GST collection recorded in January 2020 is likely to be between Rs 1.08 lakh crore to Rs 1.13 lakh crore, CNBC TV-18 reported unidentified sources as saying. After the collections rose to over Rs 1 lakh crore in November, this is the third time that collections have swollen. Previously, the gross GST revenue collected in December 2019 stood at Rs 1,03,184 crore, government data showed. This was a 9% on-year jump in goods and services tax collections as in December 2018, the GST collection stood at Rs 97,276 crore.

Rakesh Jhunjhunwala, the billionaire stock market investor, is under Securities and Exchange Board of India (Sebi) scanner for insider trading in education firm Aptech. Jhunjunwala and his family own majority stake in Aptech, reports The Economic Times.

According to Livemint, the market regulator is examining the time period of February 2016 to September 2016.

The Ministry of Health and Family Welfare (MoHFW) has launched a 24*7 helpline to respond to queries on the novel coronavirus.

Novel coronavirus helpline number: +91-11-23978046.

A person needs help, he/she can call the number to know the details about the District and State Surveillance Officers and if required, can connect with the Integrated Disease Surveillance Programme (IDSP) in case of any clinical query.

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.

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