Mukesh Ambani, the billionaire chairman of Reliance Industries Ltd., will be focusing his attention on the Indian conglomerate’s pivot to green energy, according to people familiar with the matter, after putting his children in charge of other businesses.

The 65-year-old will oversee strategy, including the building of gigafactories and blue hydrogen facilities, will assess acquisition targets, and is talking to potential investors, the people said, asking not to be named as the information isn’t public.

Gold prices hit a six-month high on Tuesday in thin trading, with the market's attention turning to minutes from the US Federal Reserve's latest policy meeting due this week.

Spot gold was up 0.8% at $1,838.69 per ounce as of 0257 GMT. US gold futures rose 1% to $1,843.90.

The dollar index slipped 0.1%, making greenback-priced bullion more attractive for overseas buyers.

South Korea’s antitrust watchdog will levy a fine of 2.8 billion won ($2.2 million) on Tesla Inc. for alleged violations of the nation’s advertisement law, dealing a setback to the US carmaker that’s seeking to expand its presence in the Asian country.

Tesla falsely promoted and exaggerated the driving range and charging speed of its electric cars as well as the estimated savings on fuel costs by using its vehicles, according to a statement from South Korea’s Fair Trade Commission Tuesday. The Elon Musk-led company changed that advertisement on its Korean-language website last February when the watchdog initiated an investigation.

Highlighting his vision for a prosperous India, Telangana Chief Minister K Chandrashekar Rao on Monday said his party Bharat Rashtra Samithi (BRS) is for the country adding that journey of a million kilometres begins with a single step.

Addressing a gathering at Telangana Bhavan in Hyderabad, KCR said, "Before independence, there were such political situations where lives, properties and even families were sacrificed.

Shares of Zomato dipped 4 per cent to Rs 57.65 on the BSE in Tuesday’s intra-day trades after the food aggregator platform company said in a regulatory filing that Gunjan Patidar, its co-founder and chief technology officer had quit. Patidar was part of the original founders team at Zomato.

Patidar was one of Zomato's first three employees and built the core tech systems for the company. Over the past ten years or so, he also nurtured a stellar tech leadership team, capable of taking on the mantle of leading the tech function going forward, said the company in a filing.

BDR Pharmaceutical launched the first generic of a key prostrate cancer drug – Apalutamide under the brand name Apatide in India at one-third the price of the innovator brand.

Raheel Shah, Director Business Development, BDR Group said that the product will be available across India in strengths of 60mg in packs of 60 tablets and 120 tablets. “Typically a patient is put on this drug for two months with a gap of one week in between the two months,” Shah said.

Following several top-level exits from fintech firm BharatPe, Chief Executive Officer (CEO) Suhail Sameer will also reportedly step down from his post by the end of January. According to a report in Mint, the company has been planning a leadership shift.

In December, Chief Technology Officer Vijay Aggarwal, PostPe head Nehul Jain and Chief Product Officer (lending and consumer products) Rajat Jain resigned from their posts.

Jammu and Kashmir Lt. Governor Manoj Sinha on Monday condemned the terrorist attack in the Dangri village in Rajouri district and announced ex-gratia of Rs 10 lakh to the next of kin of each of the civilians killed.

At least four civilians were killed and six others injured in a terror attack in the village on Sunday evening.

India has recorded 173 new coronavirus infections, while the active cases have declined to 2,670, according to Union health ministry data updated on Monday.

The total tally of Covid cases has been recorded at 4.46 crore (4,46,78,822) and the death toll stands at 5,30,707 with two fatalities -- one reconciled by Kerala and one reported by Uttarakhand -- in the last 24 hours, the data updated at 8 am stated.

Driven by premiumisation of the market, the country’s second-largest passenger vehicles manufacturer, Hyundai Motor India (HMIL), in 2022 posted its highest-ever sales, selling 552,500 units, up 9 per cent from 505,033 units in 2021.

The rise is mainly credited to better performance in the sports utility vehicle (SUV) segment by the company and the industry.

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