The national capital on Saturday morning recorded a minimum temperature of 27.1 degrees Celsius, 0.6 notch above the season's average, according to the India Meteorological Department (IMD).

On Friday, Delhi witnessed 47.4 degrees Celsius in Najafgarh, making it the hottest place in the country.

Shareholders in Nestle India have rejected a company proposal to increase royalty payments to its Swiss parent Nestle, the company said late on Friday.

The motion called for the royalty paid to its parent to climb to 5.25 per cent of net sales, net of taxes, compared to the current level of 4.5 per cent. The increase was proposed at a rate of 0.15 per cent per annum.

Shares of Zee Entertainment soared up to 5.2 per cent at Rs 141.65 per share on the BSE in Saturday’s intraday trade. The hike in the stock prices came after the company delivered a turnaround in quarterly growth for the January-March quarter of fiscal year 2023-24 (Q4FY24).

In the March quarter, the company reported a consolidated net profit of Rs 13.35 crore, marking a reversal from a consolidated net loss of Rs 196.03 crore in the same period of the previous fiscal year.

A man was arrested from Port Blair in connection with the murder of a TMC leader in Baguiati on the northern fringes of Kolkata, police said on Saturday.

Sanjeev Das, also known as Potla, was killed allegedly in a clash between two factions of the TMC on April 27, they said.

Zydus Lifesciences Ltd on Friday announced an exclusive licensing and supply agreement with MSN Laboratories for generic cancer treatment drug Cabozantinib tablets, for the US market.

The company's wholly-owned subsidiary, Zydus Lifesciences Global FZE, has entered into an exclusive licensing and supply agreement with MSN Laboratories for Cabozantinib tablets for the US market, Zydus Lifesciences Ltd said in a regulatory filing.

Prime Minister Narendra Modi on Friday targeted the opposition INDIA bloc, saying they are in the fray to create instability while the BJP-NDA alliance is dedicated to national interest.

Asserting that his government is going to score a hat-trick, Modi said in the new government, he has to take many big decisions for the poor, youth, women and farmers, and for that he has come here to seek the blessings of the people of Barabanki and Mohanlalganj.

Twitter has moved over to X domain. The move followed brand renaming exercise, which happened in July 2023 soon after Elon Musk took over as CEO of the social media platform. Elon Musk rebranded Twitter to X in July 2023, but Twitter domain remained in service since switching domain has not been as easy going as the logo switch. Now, however, Elon Musk has confirmed on X that all core systems of the platform have been moved over to “X.com”.

JK Paper stock surges: Shares of JK Paper soared 8.87 per cent to an intraday high of Rs 380.96 per share on the BSE on Friday.

While the paper company posted a weak set of results, the management reportedly said that it expects higher volume growth in the paper and boards segment in the current financial year of 2024-25 (FY25).

Stock broking platform Angel One on Thursday announced the launch of an edutainment financial content platform, Fin One, that features financial content aimed at serving a cohort of Generation Z and millennial users.

Fin One aims to deliver financial infotainment content with interactive modules for budgeting, saving, investing, and debt management. The content will consist of interactive quizzes and challenges around finance.

Vodafone Idea (Vi) on Thursday reported a net loss of Rs 7,674.6 crore, widening by 19.5 per cent in the fourth quarter (January-March) of FY24 from Rs 6,418.9 crore in the corresponding quarter of FY23 due to higher expenses and stalling revenues.

On a sequential basis, the firm's net loss expanded 9.85 per cent, up from Rs 6,986 crore in the preceding quarter.

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