The combined market valuation of eight of the 10 most valued firms plunged by Rs 2,28,690.56 crore in a holiday-shortened last week, with HDFC Bank and Reliance Industries taking the biggest hit, amid an overall weak trend in equities.

Last week, the BSE benchmark fell 1,829.48 points or 2.69 per cent, and the Nifty declined 518.1 points or 2.56 per cent.

Manipur Chief Minister N Biren Singh said that mobile internet services, which were suspended after ethnic violence erupted in the northeastern state on May 3, will be restored from Saturday.

He also called for the cancellation of the free movement regime that allows people residing close to both sides of the India-Myanmar border to venture 16 km deep into each other's territory without any document.

Adani-promoted Ambuja Cements on Friday said it has incorporated three wholly-owned subsidiaries, namely Lotis IFSC Private Limited, Ambuja Concrete North Private Limited, and Ambuja Concrete West Private Limited.

Ambuja Cements said that Lotis IFSC would carry on the business of owning and leasing aircraft in Gujarat's GIFT City. As of March 2023, the company did not list any aircraft under its assets list.

A team of Andhra Pradesh Police CID officials on Saturday began interrogation of TDP chief N Chandrababu Naidu in the Skill Development Corporation scam case on Saturday at the central prison here.

On Friday, the ACB Court in Vijayawada granted two days' police custody of the 73-year old Naidu to the CID for further interrogation.

India became the top-ranked side in all three formats of the game following their win against Australia in the series opener that elevated them to the number one spot in the ODI rankings.

Following their five-wicket win over Australia on Friday, India (116 rating points) displaced arch-rivals Pakistan (115) at the top of the rankings.

A bill to reserve one-third of the seats in the Lower House of India's Parliament and state assemblies for women is a transformative piece of legislation and a push for gender parity and egalitarianism, the US-India Strategic Partnership Forum (USISPF) has said.

In a statement issued on Friday, USISPF president Mukesh Aghi also underlined the importance of having more women at the top of decision-making bodies in the world's largest democracy.

The inclusion of Indian government bonds in JP Morgan's emerging market debt index is expected to broaden India's investor base, potentially appreciate the rupee, and make it easier for Indian financial institutions to lend money, Chief Economic Advisor V Anantha Nageswaran said on Friday. The move is also likely to simplify financing of the current account deficit (CAD) while reducing government borrowing costs, he said.

Nageswaran, however, also stressed that India's fiscal and monetary policies would need to be cognizant of global perceptions and sensitivities.

NTT Data, a global information technology (IT) services company, has established three computing centres of excellence (CoE) in Chennai, collaborating with RMK Group of Engineering Colleges for the facilities.

The NTT Data full stack computing COE’s objective is to improve students' skills in end-to-end application development. Students will be trained in HTML, CSS, JavaScript, back-end languages like Python, PHP and Ruby, Agile project management, and soft skills.

TVS Motor Company will on September 29 hold India’s first electric two-wheeler racing championship, saying the event will be exclusively for its Apache RTE motorcycles.

The TVS Racing Electric One Make Championship (e-OMC) will see the debut of Apache RTE. The event will be held at the fourth round of Indian National Motorcycle Road Racing Championship (INMRC). The first round of the championship will have eight selected riders.

Tata-owned Air India and Vistara have asked for permission from their creditors to merge the two airlines. On Thursday, The Economic Times (ET) reported that creditors will vote on the proposal on September 23.

Sources told ET that after getting approval from creditors, Air India and Vistara will move for permission from the Registrar of Companies and aviation regulator DGCA. The merger plan has already been given the nod by the National Company Law Tribunal (NCLT) and the Competition Commission of India (CCI).

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