Paytm's Rs 850-crore share buyback programme could support the stock's price in the near-term, analysts at JPMorgan said. This, the brokerage said, was due to the 50 per cent premium at which the company has decided to buyback shares.

We expect the buyback announcement at a 50 per cent premium to provide support to the stock price in the near term.

Yes Bank on Tuesday said private equity majors Carlyle Group and Advent have picked up 9.99 per cent stake in the bank.

The two private equity (PE) funds together would pump in about Rs 8,896 crore in Yes Bank with full conversion of warrants into equity.

The bank has allotted a total of 369.61 crore shares of face value Rs 2 each and 255.97 share warrants convertible into equity shares of face value Rs 2 each on a preferential basis to CA Basque Investments

Amazon.com Inc. faces a $280 million lawsuit from a Vietnamese manufacturer of warehouse storage systems that alleges the e-commerce giant abruptly scaled back orders after online spending growth cooled this year, leaving the manufacturer saddled with excess production capacity and raw materials.

Gilimex Inc. said it was a key partner of Amazon from 2014 to 2022, investing tens of millions of dollars in manufacturing facilities to build the steel-and-cloth storage pods used to organize inventory in Amazon warehouses.

According to a Pune lab report, a 5-year-old girl in Karnataka has tested positive for the Zika virus and has been advised to take precautionary measures.

Health Minister Dr K Sudhakar, said, "This is the first case in the state and the government is monitoring the situation very carefully. Our department is well prepared to handle it".

Elon Musk's Twitter has dissolved its Trust and Safety Council, the advisory group of around 100 independent civil, human rights and other organisations that the company formed in 2016 to address hate speech, child exploitation, suicide, self-harm and other problems on the platform.

The council had been scheduled to meet with Twitter representatives Monday night. But Twitter informed the group via email that it was disbanding it shortly before the meeting was to take place, according to multiple members.

Congress leader and former minister Raja Pateria was on Tuesday detained by Panna Police from his residence, in connection with his alleged "kill Modi" remarks.

A First Information Report (FIR) was registered on Monday afternoon at Pawai police station in Panna district against the Congress leader and former state minister for making remarks against the prime minister. Pateria has been booked under sections 451, 504, 505 (1)(b), 505 (1)(C), 506, 153-B (1)(C) of the IPC.

Shares of KEC International rallied 7 per cent to Rs 501 on the BSE in Tuesday’s intra-day trade after the company secured new orders worth of Rs 1,349 crore across its various businesses. With these orders, KEC’s year to date order intake has now surpassed Rs 13,000 crore, a robust growth of around 20 per cent vis-à-vis last year, the company said.

At 09:20 AM; the stock of heavy electrical equipment company traded 5 per cent higher at Rs 490, as compared to 0.12 per cent rise in the S&P BSE Sensex.

India could attract close to $10 billion in renewable energy investment in 2023, a bright spot as public markets remain largely shut to big-ticket capital raising, according to Bank of America Corp.’s top executives in the country.

Deals and investments will continue to flow into areas such as electric vehicles and green hydrogen, Kaku Nakhate, the lender’s president and India country head, said in an interview, as investors look to reflect the energy transition in their portfolios.

While the temperature is dipping across most of the country, the Air Quality Index (AQI) continues to remain above severe in most of the cities.

In the list of 10 cities with the most air pollution, six are in Bihar.

Saharsa is considered as the most air polluted city in the country having an air quality index of 366 which comes as health hazards for people having asthmatic problems.

Bhupendra Patel will continue as the chief minister of Gujarat for a second straight term with the newly-elected Bharatiya Janata Party (BJP) MLAs electing him as the leader of the legislative party during a meeting here on Saturday.

Patel's name was declared as the leader of the legislative party unanimously at the meeting held at the party's state headquarters 'Kamalam'.

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