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Delhi records minimum temp at 26.9 deg C; IMD predicts light rains

Delhi records minimum temp at 26.9 deg C; IMD predicts light rains

The minimum temperature in Delhi on Saturday morning settled at 26.9 degrees Celsius, while the India Meteorological Department predicted light to moderate rains during the day.

The maximum temperature is expected to settle at 41 degrees Celsius, the weather department said.

Glenmark Pharmaceuticals Q4 consolidated PAT declines 26% to Rs 173 cr

Glenmark Pharmaceuticals Q4 consolidated PAT declines 26% to Rs 173 cr

Glenmark Pharmaceuticals on Saturday said its consolidated profit after tax declined 26 per cent to Rs 173 crore for the fourth quarter ended March 31, 2022.

The company had reported a profit after tax (PAT) of Rs 234 crore in the January-March period of 2020-21 fiscal.

Consolidated revenues of the drug firm, however, rose to Rs 3,019 crore in the quarter under review as compared to Rs 2,860 crore in the year-ago period, recording an increase of 6 per cent year-on-year.

Over 89,000 commuters got free rides on Delhi e-buses: CM Kejriwal

Over 89,000 commuters got free rides on Delhi e-buses: CM Kejriwal

Over 89,000 commuters have travelled in Delhi's electric buses since they were flagged off by Chief Minister Arvind Kejriwal, an official statement said on Friday.

The chief Minister had flagged off 150 e-buses on May 24.

The Delhi government had announced free travel for everyone in the e-buses from May 24 to 26 to promote clean mobility.

Gold trading at Rs 52,090 per 10 gm today; silver selling at Rs 62,150 a kg

Gold trading at Rs 52,090 per 10 gm today; silver selling at Rs 62,150 a kg

The price of 10 gram of 24 carat gold on Saturday rose by Rs 110 to Rs 52,090, while the rate of silver increased by Rs 650 per kg with the precious metal trading at Rs 62,150.

The price of 10 gram of 22 carat gold increased by Rs 100 and the precious metal is selling at Rs 47,750, according to Goodreturns website.

Tulip Infratech plans to invest Rs 5,500 crore in Gurugram project

Tulip Infratech plans to invest Rs 5,500 crore in Gurugram project

Realty firm Tulip Infratech will invest Rs 5,500 crore over the next eight years to develop a premium mixed-use project in Gurugram as part of its expansion plan and tap the rising demand for luxury homes, a top company official has said.

In an interview with PTI, Tulip Infratech Chairman and Managing Director Parveen Jain said the company has acquired this 19-acre stalled project, located on Golf Course Road, Gurugram, from realty firm Vipul Ltd.

No Tesla plant in India unless allowed to sell, service imported cars: Musk

No Tesla plant in India unless allowed to sell, service imported cars: Musk

Hinting that Tesla will not put a manufacturing plant in India the carmaker's Chief Executive Officer (CEO) Elon Musk on Friday tweeted that until the company is first allowed to sell and service imported cars in the South Asian country there will be no setting up of bases.

Responding to an individual on Twitter, who questioned Musk vis-a-vis Tesla's plans to put up a manufacturing plant in India, the billionaire responded, Tesla will not put a manufacturing plant in any location where we are not allowed first to sell and service cars.

ED summons former J&K CM Farooq Abdullah in money laundering case

ED summons former J&K CM Farooq Abdullah in money laundering case

National Conference (NC) president and former Jammu and Kashmir chief minister Farooq Abdullah has been summoned by the ED for questioning in a money laundering case in Delhi on May 31, official sources said on Friday.

The questioning is reported to be in connection with a case of alleged financial irregularities in the Jammu and Kashmir Cricket Association (JKCA) that is being probed by the federal agency.

Eastern Railway achieves 100% electrification of 2,848 km network

Eastern Railway achieves 100% electrification of 2,848 km network

The Eastern Railway has achieved 100 per cent electrification of its 2,848 km network with the completion of work in the 41 km Hansdiha-Godda section, an official said here on Friday.

The total electrification will help reduce carbon emission significantly and support the Indian Railway in achieving its target of making the country's railway network carbon neutral by 2030, he said.

Modi pays tribute to former PM Jawaharlal Nehru on his death anniversary

Modi pays tribute to former PM Jawaharlal Nehru on his death anniversary

Prime Minister Narendra Modi on Friday paid tributes to the country's first Prime Minister Pandit Jawaharlal Nehru on his death anniversary.

In a tweet today, the Prime Minister wrote, Tributes to Pandit Jawaharlal Nehru Ji on his death anniversary.

The official Twitter handle of the Congress party also paid tributes to India's first Prime Minister, on his death anniversary.

Muthoot Finance sinks 9% on weak Q4 result; analysts bearish on stock

Muthoot Finance sinks 9% on weak Q4 result; analysts bearish on stock

Shares of Muthoot Finance sunk 9.4 per cent to Rs 1,029 per share on the BSE in Friday's intra-day trade after the gold financier reported a weak set of number for January-March quarter of FY22 (Q4FY22). At 10:30 AM, its shares quoted at Rs 1,060, down about 7 per cent, as against 0.6 per cent rise in the benchmark S&P BSE Sensex.

India's largest gold financing company on Thursday reported a 4 per cent decline in standalone profit at Rs 960 crore as compared to Rs 996 crore profit reported during the corresponding period last year. The company's standalone income also dipped 5 per cent to Rs 2,678.37 crore.

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