Shares of Tata Motors were down 5% at Rs 185 on the BSE after the company’s British arm Jaguar Land Rover (JLR) total retail sales fell 4.6% year-on-year (Y-o-Y) at 44,282 vehicles in October.

JLR’s sales in China decreased by 49% Y-o-Y as market conditions remain challenging amid tariff changes and continued trade tensions with the US, which are impacting consumer confidence and automotive purchases.

State-owned engineering giant BHEL said Monday that with the completion of fourth and final 30 MW unit, it has completely commissioned 120 MW Pulichintala Hydro-Electric Project (HEP) in Telangana.

The other three units of the 4x30 MW Pulichintala HEP, commissioned earlier by the BHEL have been operating successfully, BHEL said in a statement.

Drug major Cipla on Monday said it has received final approval from the US health regulator for Valganciclovir tablets used in the treatment of viral eye infection for AIDS patients.

Valganciclovir is used in the treatment of cytomegalovirus infection (serious viral eye infection of the retina) for AIDS patients and for prevention of cytomegalovirus (CMV) disease after organ transplant.

Shares of PNB Housing Finance were up 5% at Rs 978 per share on the BSE in intra-day trade after the housing finance company said that it has obtained refinance sanction of Rs 35 billion from the National Housing Bank (NHB) in October-2018.

The company said the funds will be utilised for the specific sector wise disbursements/end uses as per norms of the respective NHB refinance schemes.

Air India on Sunday grounded its chief of operations Captain AK Kathpalia after he allegedly failed to clear pre-flight alcohol test. Kathpalia was to operate the airline’s London-New Delhi flight on Sunday afternoon.

Sources said that Air India had to call another pilot to replace him and operate the flight (AI-111) which departed after a delay of 55 minutes, causing inconvenience to passengers.

Mumbai: Yes Bank Ltd has sought guidance from the Reserve Bank of India (RBI) over former finance secretary Ashok Chawla continuing as non-executive chairman of its board after being named in a corruption chargesheet. This follows the National Stock Exchange of India Ltd (NSE)—also chaired by Chawla—scrutinizing his continuance on similar grounds.

Mumbai: Yes Bank Ltd has sought guidance from the Reserve Bank of India (RBI) over former finance secretary Ashok Chawla continuing as non-executive chairman of its board after being named in a corruption chargesheet. This follows the National Stock Exchange of India Ltd (NSE)—also chaired by Chawla—scrutinizing his continuance on similar grounds.

The BSE benchmark Sensex recovered by over 155 points and the NSE Nifty breached the 10,600-mark in opening trade Monday on fresh buying by investors, ahead of release of macroeconomic data later in the day.

Traders said, fresh fund inflows by foreign funds and a bullish trend on other Asian bourses also influenced trading sentiments here.

On view was brutal force. The ball was bludgeoned to different corners of the ground. And India sealed another run-chase ...but only after a scare.

The Delhi duo of Shikhar Dhawan and Rishabh Pant, both left-handers and both explosive, cut loose when the match seemed in the balance.

The online fashion space is buzzing at the moment. Alongside vertical players such as Jabong and Myntra, horizontal e-tail platforms — the likes of Flipkart and Amazon — are steadily growing their offerings, be it through private labels or brand partnerships. RedSeer’s latest study estimates that horizontal players roughly contribute to 45% of online fashion e-commerce.

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