India’s largest engineering and construction company Larsen & Toubro Ltd. plans to invest as much as $12 billion over the next five years, a third of which will go toward expanding its clean energy business.

The company intends to build 2-3 million tonnes of green hydrogen and ammonia capacity with an investment of close to $4 billion.

Shares of Shyam Metaliks and Energy hit the 10 per cent upper circuit on the BSE in Wednesday's intra-day trades backed by heavy volume after the company reported its monthly sales for July.

At 11:55 AM, the stock quoted 7.7 per cent higher at Rs 455 on volume of around 4.11 lakh shares as against the two-weekly average traded volume of around 51,000 shares on the BSE. Meanwhile, the S&P BSE Sensex was down 0.5 per cent at 65,532.

Two policemen and seven civilians were injured putting out a fire that broke out at a factory in west Delhi's Mayapuri area early Wednesday morning, officials said.

According to officials, a call was received at 2.05 am that there was a fire at a two-story sofa factory at the market known for dealing in scrap.

Recalling the Quit India movement launched by Mahatma Gandhi, Prime Minister Narendra Modi on August 9 said India is now speaking in one voice against corruption, dynasticism, and appeasement.

Mr. Modi's apparent swipe at the Opposition came as the ruling BJP organises events across the country on Wednesday on these lines.

Meta-owned messaging app WhatsApp on Tuesday announced the launch of a screen sharing feature allowing users to share presentations, photos, and videos with one or more individuals on video calls.

The screen share feature is WhatsApp’s latest take on professional video conferencing platforms such as Google Meet, Microsoft Teams and Zoom. The beta version of the new feature was launched in June this year.

Adani Enterprises Ltd. is exploring selling its stake in its Mumbai-listed consumer-staple joint venture with Wilmar International Ltd., freeing up capital for their core business, according to people familiar with the matter.

The conglomerate has been considering a potential sale of its 44% stake in Adani Wilmar Ltd. for a few months, the people said, asking not to be identified as the information is confidential. Adani’s shares are worth about $2.7 billion at the current share price, according to Bloomberg calculations.

Pepperfry Co-founder and Chief Executive Officer Ambareesh Vedantam Murty passed away in Leh on Monday night after a cardiac arrest.

Ashish Shah, co-founder of the omnichannel furniture retailer, tweeted: "Extremely devastated to inform that my friend, mentor, brother, soulmate @AmbareeshMurty is no more. Lost him yesterday night to a cardiac arrest at Leh. Please pray for him and for strength to his family and near ones."

Rajasthan's Chief Minister Ashok Gehlot criticised Prime Minister Narendra Modi during a public event in Jaipur on Monday, accusing him of holding the mistaken belief that he is only the leader of the Bharatiya Janata Party (BJP) and the Hindu community. Gehlot also took a dig at Modi's attire, positioning himself as a more humble figure. He even hinted at being the natural choice for his party's next chief minister, stating that although he's contemplated leaving the position, the role seems to stick with him, according to a PTI report.

YouTube, one of the largest video streaming platforms, has enabled high-quality 1080p viewing experience on its web interface for its premium subscribers, according to a report by TechCrunch. This comes months after the enhanced bitrate option was made available for premium members on mobile devices. The platform had initially rolled this out as an experiment in February before launching it for iOS users in April.

According to YouTube's blogpost on this new update in April, this new feature allows users to experience an "even deeper visual quality".

The Board of Control for Cricket in India (BCCI) has decreased the base price of title sponsor rights for international cricket matches played in the country to Rs 2.4 crore per match from the Rs 3.8 crore that sponsors had paid in the last cycle, according to a report by The Economic Times (ET). Paytm and MasterCard paid Rs 3.8 crore per match for the international matches played in the country between 2019 and 2023.

This is the second time BCCI has slashed the base price of the title sponsor rights amid weak demand for expensive cricket properties and tepid response from new-age firms.

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