Shares of ICICI Bank were trading lower for the eighth straight day at Rs 338, down 5 per cent on the BSE, on the back of heavy volumes. It was trading at its lowest level since December 11, 2018.

The stock of private sector lender has fallen 10 per cent since January 16, 2019, as compared to a 2 per cent fall in the S&P BSE Sensex. It hit a record high of Rs 383 on January 9, on the BSE in the intra-day trade.

Shares of Dish TV India hit a 10-year low of Rs 19.10 apiece, down 15 per cent on the National Stock Exchange (NSE) in the intra-day trade on Monday, despite clarification that the company had no dealings whatsoever with Nityank Infrapower and Multiventures Ltd, as per the media reports.

Today, the stock climbed as much as 11 per cent to Rs 24.80 in the intra-day session on NSE.

Shares of three automobile companies – Mahindra & Mahindra (M&M), Hero MotoCorp and Maruti Suzuki India – along with Adani Ports and Special Economic Zone and nine stocks from the Nifty 50 index Cipla, Coal India, Grasim Industries, JSW Steel and Tata Steel hit their respective 52-week lows on Monday.

Reliance Capital, Reliance Home Finance and Reliance Infrastructure from Anil Ambani-led Reliance Group were among 70 stocks from the Nifty 500 index that touched 52-week lows.

With adoption of protectionist policies by governments across the world, a lot of human resource related actions of Wipro are now shifting to onsite locations including the US, Europe and Australia. The IT services firm is replicating a model similar to that of India, which it has been following for quite long, to ramp up delivery presence and hire more locals as part of its workforce in client geographies.

A police constable and a notorious criminal died during an encounter in Amroha on Sunday, a senior UP government official said.

The incident took place in Indrapur village which comes under the jurisdiction of Bachhraaun police station.

The US-Bangla airline Bombardier UBG-211 crash that occurred in March last year took place as the pilot who was in charge of the flight had smoked inside the cockpit despite restrictions, authorities confirmed on Sunday.

The company has a policy of ‘No Smoking’ in all the flights, domestic as well as international. The PIC (pilot in command) was a smoker as per information received by the commission.

A Delhi court on Monday granted bail to RJD chief Lalu Prasad, his wife Rabri Devi and son Tejashwi Yadav in the Indian Railway Catering and Tourism Corporation (IRCTC) scam related money laundering case.

Special Judge Arun Bhardwaj granted relief to the accused persons on a personal bond of ₹1 lakh and one surety of like amount each.

Prime Minister Narendra Modi on Sunday slammed the Congress-led UDF for implicating former Isro scientist Nambi Narayanan in an espionage case, saying they did so as some party leaders wanted to settle political scores.

A few years ago, a hard working and patriotic Isro scientist Nambi Narayanan was implicated in a false case just because a few UDF leaders wanted to settle political scores, Modi, who was in Tamil Nadu and Kerala to announce a series of projects on Sunday, said in Thrissur.

Shares of Larsen & Toubro (L&T) were up 4 per cent to Rs 1,337 apiece on BSE in the early morning trade in an otherwise weak market after the company reported 37 per cent year-on-year (YoY) rise in consolidated net profit at Rs 2,042 crore in December quarter (Q3FY19). The healthy performance during the quarter was on back of improved operating performance and a higher other income.

Twenty months since the launch of the goods and services tax (GST), tax officials under state governments are still struggling to handle the large assessees that have come into their fold, especially the service providers and small manufacturers. This has resulted in the twin issues of high revenue leakage and denial of input tax refunds to eligible taxpayers, mostly service exporters, several industry sources and analysts tracking the GST system told FE, recounting anecdotes.

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