The Tata Group-run Indian Hotels Company on Monday announced a Rs 2,500 crore investment to develop a new 330-room property in Mumbai.

Construction of the new property, "Taj Bandstand," is set to begin this year and is expected to take over three years to complete, IHCL's Managing Director and Chief Executive Puneet Chhatwal said.

Anil Ambani's Reliance Infrastructure Limited (R-Infra) has settled a dispute with CLE Private Limited (CPL)—formerly Crest Logistics and Engineers Private Limited, an unlisted private company—for an agreement of Rs 6,503.13 crore, according to the company’s stock exchange filing.

As per the terms of the agreement, assets and economic interests in assets of CPL worth Rs 5,777.13 crore stand assigned or transferred to R-Infra.

Finance Minister Nirmala Sitharaman on Monday said action will be taken in case there are violations of well laid down processes for auctioning of gold by banks and NBFCs when a borrower fails to pay the gold loan.

During Question Hour in Lok Sabha, she said Non Banking Financial Companies (NBFCs) and Scheduled Commercial Banks (SCBs) are guided by similar rules.

BJP MP Praveen Khandelwal on Monday exuded confidence that the party, after Delhi, will form a strong government in Bihar too under the leadership of Prime Minister Narendra Modi.

Speaking to ANI, Khandelwal said, "After Delhi, a strong NDA government will be formed in Bihar too under the leadership of PM Modi. The current Bihar government is working very well. In the last 10 years, the people have given a second chance to BJP in multiple states.

It is not the Congress' duty to ensure the Aam Aadmi Party’s victory, party spokesperson Supriya Shrinate told NDTV on Saturday (February 8) morning as the vote counting for the Delhi Assembly election showed an early BJP lead. "The onus of making the AAP win is not on the Congress... and Delhi is a place where we have been in the government for 15 years," she added.

"Our responsibility is not making the AAP win," Shrinate reiterated, adding, "Our responsibility is mounting a spirited campaign and contesting this election (or any other) as strongly as we can."

Jammu and Kashmir Chief Minister Omar Abdullah has taken a jibe at the INDIA alliance — particularly the Congress and AAP — following early trends indicating BJP taking the lead in 41 seats in Delhi.

In a post on X (formerly Twitter), Abdullah said, “Aur lado aapas mein!!!”

Delhi Chief Minister and AAP leader Atishi on Saturday exuded confidence in her party's victory in the Delhi Assembly elections and affirmed that the people of Delhi, including from her constituency Kalkaji, would support the AAP and re-elect Chief Minister Arvind Kejriwal with a huge mandate.

Projecting a sweeping victory for the AAP, she said that party's national convenor Arvind Kejriwal will become the Chief Minister of Delhi for the fourth time with a huge majority.

Delhi Election Results: The Bharatiya Janata Party (BJP) seems to be returning to power in Delhi after about three decades, initial trends of the counting of the Delhi Assembly Elections indicated on Saturday.

The saffron party is on course to defeat the incumbent Aam Aadmi Party (AAP) with leads on at least 50 of the 70 seats in the Delhi Assembly. Delhi has 70 seats in the assembly, and a party or alliance needs at least 36 seats to form government in the national capital.

The next Delhi chief minister will be from the BJP but the central leadership will decide on who it will be, the party's Delhi president Virendra Sachdeva said on Saturday as votes were counted for the assembly elections held earlier this week.

The BJP was leading in 38 seats and the AAP in 27, according to early trends on the Election Commission website.

As vote counting continues for the Delhi Assembly elections on Saturday, the Bharatiya Janata Party (BJP) has taken an early lead over the Aam Aadmi Party (AAP).

The 10 am trends show that the Bharatiya Janata Party (BJP) has taken the lead in 41 seats, and the Aam Aadmi Party (AAP) has 28. Early trends indicate that key AAP leaders, including Manish Sisodia and Chief Minister Atishi are trailing in their respective constituencies.

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