CARE Ratings slipped nearly 8 per cent on Thursday, after reports suggested that S B Mainak, chairman, CARE Ratings has tendered his resignation.

Market regulator Securities and Exchange Board of India (Sebi) is said to have nudged the rating agency to remove Mainak after adverse findings against him in a forensic report.

Mamata Banerjee, chief minister of West Bengal, will be among the guests at Arvind Kejriwal's swearing-in ceremony that is scheduled for February 16 in Delhi's Ramlila Maidan.

She will leave for the national capital on February 15 at 5:30 PM and will be back in Kolkata after the ceremony on the next day.

Microsoft Corp Chief Executive Officer Satya Nadella is planning to visit India later this month, multiple sources familiar with the plans told Reuters, a test for the Indian-born head who recently criticized Indian immigration policy.

India is a major market for Microsoft and other technology companies. India's southern city of Hyderabad, where Nadella grew up, is home to Microsoft's biggest research and development center outside of the United States.

YES Bank gained over 5 per cent to Rs 37.20 on the BSE on Thursday after the bank said it is in talks with potential investors, including J.C. Flowers and Silver Point Capital, for raising equity capital.

In a filing to the BSE, the lender said it had received non-binding expressions of interest (EoIs) from several investors including J.C. Flowers & Co, Tilden Park Capital Management, OHA (UK) LLP (part of Oak Hill Advisors), and Silver Point Capital.

Indian Railway Catering and Tourism Corporation (IRCTC), the recently-listed online ticketing, tourism and the catering arm of railways, jumped over 12 per cent on Thursday, a day after the company posted strong set of numbers for the quarter ended December 31, 2019.

At 09:28 am, the stock was quoting around 10 per cent higher at Rs 1,559 apiece on the BSE. It hit a high of Rs 1,596.95 in the early trade against previous close of Rs 1,418.95. In comparison, the S&P BSE Sensex was trading 0.14 per cent lower at 41,508 levels.

The number of fatalities and new cases from China's coronavirus outbreak soared on Thursday, with 242 more deaths and nearly 15,000 extra patients in hard-hit Hubei province as authorities changed their threshold for diagnosis.

At least 1,355 people have now died nationwide and nearly 60,000 have been infected after Hubei's health commission reported the new numbers.

Bharti Airtel on Wednesday said its wholly-owned subsidiary Network i2i plans to raise funds worth up to $250 million (approximately Rs 1,780 crore) through perpetual bonds.

This amount will be in addition to existing securities of $750 million (around Rs 5,343 crore) that the company has raised recently.

A day after it was reported that the data of the final list of National Register of Citizens (NRC) in Assam has went offline, the Ministry of Home Affairs (MHA) on Wednesday (February 12) clarified that it is completely safe. The MHA cited 'technical glitches' for the issue and added that they will be resolved soon.

The NRC data is safe, there is some technical issue in visibility on Cloud. It is being resolved soon, a Home Ministry statement said.

Airlines and aircraft makers are taking a body blow from the virus outbreak in China, as Boeing reported zero orders for new jets in January and forecasting the cargo business will likely contract in 2020.

We, like our customers, are trying to figure out the depth and breadth of this virus and the impact on the airlines, Boeing's vice president for commercial marketing, Randy Tinseth, said Wednesday at the Singapore Air Show.

The price of non-subsidised liquefied petroleum gas (LPG) cylinders were hiked by Rs 144.50 on Wednesday, the sixth hike in as many months.

State-run oil marketing companies hiked the price of non-subsidised LPG cylinders across metro cities.

A 14.2 kg non-subsidised LPG cylinder will now cost Rs 858.50 in the national capital.

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