Restaurants in Haryana will be allowed to operate 24 hours a day, Deputy Chief Minister Dushyant Chautala said on Tuesday, PTI has reported. The news will make many restaurant owners happy as the decision is likely to give a significant boost to revenues and nightlife in metropolitan cities like Gurgaon and Chandigarh.

The decision was taken in a meeting of various departments chaired by Chautala.

Shares of Genus Power Infrastructures (Genus) were locked at the 20 per cent upper circuit at Rs 168.90 on the BSE on Wednesday at 10:04 AM on the back of heavy volumes.

The average trading volumes at the counter more than doubled today. A combined 15.1 million shares representing nearly 6 per cent of total equity of Genus had changed hands on the NSE and BSE. In past seven weeks, the stock price of the company has nearly doubled or zoomed 97 per cent from level of Rs 85.89 on May 24.

Lens maker Carl Zeiss India will invest over 250 million euros in the country to build its largest "vision" factory in the world at Bengaluru, according to a report by Mint. The land for the facility was acquired two years ago, and its construction will start next month.

The construction is expected to be completed by October 2024.

India's HDFC Bank on Wednesday said its merged loan book with Housing Development Finance Corporation stood at about 22.45 trillion rupees ($273.77 billion) as at the end of the June quarter.

HDFC Bank merged with HDFC on July 1 in a $40 billion merger, the largest in India's corporate history, entering the coveted list of the world's top 10 banks by market capitalisation.

The opposition BJP in Karnataka will stage protests against the alleged delay in implementation of the five poll promises made by the ruling Congress in the run-up to the assembly elections.

The agitation will take place both inside and outside the assembly simultaneously from Tuesday till July 14 when the session ends seeking effective implementation of the guarantees, according to BJP sources.

Shares of Bajaj Finance hit a 52-week high of Rs 7,916.70, soaring 8 per cent on the BSE in Tuesday's intra-day trade, after the company's new loans booked during first quarter (April to June) of fiscal 2023-24 (Q1FY24) grew by 34 per cent to 9.94 million as compared to 7.42 million in Q1FY23.

The stock surpassed its previous high of Rs 7,777, touched on September 22, 2022. Meanwhile, shares of Bajaj Finserv rallied 6 per cent to Rs 1,632.95 on the BSE in the intra-day trade. In comparison, the S&P BSE Sensex was up 0.34 per cent at 65,427 at 09:35 AM.

Maharashtra Legislative Assembly Speaker Rahul Narwekar has said he is yet to ascertain whether the Nationalist Congress Party (NCP) is a part of the Shiv Sena-BJP government or is still in the Opposition.

On Sunday, senior NCP leader Ajit Pawar led a vertical split in the party to become deputy chief minister in the one-year-old Shiv Sena-BJP government, shocking his uncle Sharad Pawar, who founded the outfit 24 years ago after quitting the Congress.

Gold price fell Rs 110 in Tuesay's early trade, with 10 grams of the yellow metal (24-carat) trading at Rs 58,960, according to the GoodReturns website. Silver prices were also unchanged, with 1 kg of the precious metal selling at Rs 71,900.

The price of 22-carat gold also declined Rs 100 and the precious metal was trading at Rs 54,050.

Hinduja group firm IndusInd International Holdings Ltd (IIHL), the promoter of IndusInd Bank, announced on Monday its plans to raise $1.5 billion (about Rs. 12,300 crore) to increase its stake in the lender to 26 per cent from the current 15 per cent as well as fund its proposed acquisition of debt-laden Reliance Capital.

IIHL said in a statement that the strategic decision of its board “opens boundless opportunities” to expand its business horizon in India and other global geographies in the banking, financial services and insurance (BFSI) sector.

Telecom major Reliance Jio on Monday announced the launch of Jio Bharat, a device that will provide internet-enabled services on entry-level phones.

The internet-enabled phone has been priced at Rs 999. Jio is offering 30 per cent cheaper monthly plan and seven times more data compared to offers of other operators. Jio is offering a plan worth Rs 123 per month for unlimited voice calls and 14 GB data.

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