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NCP integral part of NDA, will work with alliance in future: Praful Patel

NCP integral part of NDA, will work with alliance in future: Praful Patel

Nationalist Congress Party (NCP) leader Praful Patel who had earlier attended the opposition meeting in Patna last month, was present at the NDA meeting in Delhi on Tuesday along with Maharashtra Deputy Chief Minister Ajit Pawar.

Soon after attending the meeting Praful Patel said that NCP is an integral part of the national Democratic Alliance and his party will work with the NDA in future.

Hindenburg report deliberate, malicious attempt to damage reputation: Adani

Hindenburg report deliberate, malicious attempt to damage reputation: Adani

The report released by US-based short seller Hindenburg in January was a "combination of targeted misinformation and discredited allegations" and a "deliberate and malicious attempt" at damaging the Adani Group's reputation, Gautam Adani said on Tuesday.

Speaking at the group's annual general meeting (AGM), its chief Adani said the report aimed to generate profits from a short-term drive down of the stock prices.

This Vijay Kedia-owned stock has zoomed over 70% in 3 days

This Vijay Kedia-owned stock has zoomed over 70% in 3 days

Shares of Panasonic Energy India Company hit a near eight-year high at Rs 427, as they rallied 20 per cent on the BSE in Tuesday’s intra-day trade amid heavy volumes.

In past three trading days, the stock of the company engaged in business of manufacturing dry cell batteries has zoomed 72 per cent from level of Rs 247.55. It now quotes at its highest level since August 2015. The stock had touched a record high of Rs 450 on August 5, 2015.

A 700% jump in tomato prices creates windfall for some Indian farmers

A 700% jump in tomato prices creates windfall for some Indian farmers

An eight-fold surge in tomato prices is making some Indian farmers rich, although their windfall gains may be short-lived due to a likely rise in supplies in the coming weeks.

Retail prices of tomatoes were at Rs 178 ($2.20) a kilogram in Delhi on Sunday, a jump of more than 700% from Jan. 1, according to data compiled by the food ministry. The national average was almost Rs120 that day.

Amara Raja Batteries tumbles 6% after almost 18% equity change hands

Amara Raja Batteries tumbles 6% after almost 18% equity change hands

Shares of Amara Raja Batteries slipped 6 per cent to Rs 643.40 on the National Stock Exchange (NSE) in Tuesday’s intra-day trade after nearly 18 per cent of the total equity of India’s leading industrial and automotive battery major changed hands.

Till 09:47 AM; around 30.46 million equity shares representing 17.83 per cent of total equity of Amara Raja Batteries changed hands on the NSE, the exchange data shows.

HDFC Bank Q1FY24 results: Net profit jumps 30% to Rs 11,952 crore

HDFC Bank Q1FY24 results: Net profit jumps 30% to Rs 11,952 crore

The country’s biggest lender HDFC Bank on Monday reported a 30 per cent jump in its net profit for the quarter that ended on June 30 to Rs 11,952 crore.

The bank’s net revenue grew 26.9 per cent to Rs 32,829 crore in the quarter as compared to Rs 25,870 crore in the same quarter last year. The net interest income during the quarter jumped 21.1 per cent to Rs 23,599 crore from Rs 19,481 crore last year.

Infosys signs $2 bn deal to provide AI, automation services over 5 yrs

Infosys signs $2 bn deal to provide AI, automation services over 5 yrs

India's second-largest software services exporter Infosys said on Monday it has signed a deal with an existing client to provide artificial intelligence (AI) and automation services that will span over five years, with a target spend estimated at $2 billion.

AI and automation-related development, modernization and maintenance services are included in the agreement, the company said in an exchange filing.

Foxconn proposes to set up Rs 8,800 cr manufacturing plant in Karnataka

Foxconn proposes to set up Rs 8,800 cr manufacturing plant in Karnataka

Foxconn, a major iPhone assembler for Apple, has proposed to set up a Rs 8,800 crore supplementary plant to that of the unit at Devanahalli Information Technology Investment Region (ITIR) in Karnataka, the state's Large and Medium Industries Minister M B Patil said on Monday.

The Chief Minister Siddaramaiah chaired a high-level meeting with the delegates of Foxconn Industrial Internet (Fii), headed by its CEO, Brand Cheng, in this regard, he said.

Govt orders inspection of Byju's amid financial, corp governance concerns

Govt orders inspection of Byju's amid financial, corp governance concerns

The corporate affairs ministry has ordered an inspection of the books of BYJU'S, a senior government official said on Monday amid the edtech major facing multiple headwinds, including delay in submitting financial statements and concerns over corporate governance issues.

The inspection of Bengaluru-based Think & Learn Pvt Ltd, which operates under the brand BYJU'S, will be carried out by the ministry, which is implementing the companies law.

Yamuna's water level at 206.01 m, still flowing above danger mark in Delhi

Yamuna's water level at 206.01 m, still flowing above danger mark in Delhi

The water level of the Yamuna River was recorded at 206.01 meters in Delhi on Monday at 11 pm. This is a level-up from the earlier gradual decrease in the water level of the Yamuna.

Earlier, the water level of the Yamuna crossed 205.48 metres on Monday morning. This was slightly above the danger mark of 205.33 metres, even as the waterlogging persisted in several parts of the national capital.

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