Congress interim president Sonia Gandhi and Priyanka Gandhi paid homage to former Prime Minister Rajiv Gandhi on his 31st death anniversary at Vir Bhumi in the national capital on Saturday.

Congress leaders P Chidambaram and Sachin Pilot also paid tribute to the former Prime Minister at Vir Bhumi in Delhi.

IDBI Bank has entered into a share purchase agreement with Ageas Insurance International, wherein the bank is looking to sell its remaining stake of 25 per cent in private sector life insurer Ageas Federal Life Insurance for Rs 580 crore, making Ageas one of the few foreign insurers to raise its stake in its Indian insurance joint venture to 74 per cent, after the government raised the FDI cap in the insurance sector.

Indian federal police have charged 30 people with rioting and other offences after an environmental protest at Vedanta Ltd's copper mine in 2018 turned deadly, with police shooting dead 12 protesters.

The incident, the deadliest environmental protest in India in a decade, was condemned by a working group of United Nations' human rights experts for the excessive and disproportionate use of lethal force by police.

Eight years of the BJP-led NDA dispensation have been dedicated to the country's balanced development, social justice and social security, Prime Minister Narendra Modi said on Friday while asserting that people's faith in the government's delivery mechanism has been restored post-2014.

Addressing the BJP's national office bearers' meeting in Jaipur via video conferencing, Modi asked the party leaders and workers to launch a campaign to ensure that no poor, eligible beneficiary is left out of the government's welfare measures.

Shares of Prudent Corporate Advisoory Services fell below its issue price after it debuted at Rs 660, 5 per cent higher against issue price of Rs 630 per share on the BSE on Friday. The stock hit an intra-day low of Rs 594.25, down 6 per cent from its issue price.

On the National Stock Exchange (NSE), the stock opened at Rs 650, 3 per cent higher against its issue price. At 10:35 am; it traded at Rs 587.20, 7 per cent discount from its issue price of Rs 660 per share. Later, it hit an intra-day low of Rs 586.

The CBI has registered a fresh case against former Bihar chief minister Lalu Prasad Yadav and his family members on the charge of taking land from aspirants in return for jobs in the railways when he was the Union Minister in the UPA government, officials said on Friday.

The CBI had registered a preliminary enquiry into allegations which was converted into the FIR, they said.

The Delhi High Court today will hear a Public Interest Litigation (PIL) filed by a Kolkata-based NGO challenging the doctors' strike and seeking a direction for disciplinary against doctors who were involved in the strike in November 2021.

According to the PIL, 'Doctor's Strike' disrupts regular hospital services bringing endless pain, suffering and death to the defenceless patients.

The PIL will be heard today before the division bench of Acting Chief Justice Vipin Sanghi.

Shares of Hindustan Aeronautics hit a new high of Rs 1,785.35, after rallying 6 per cent on the BSE in Friday’s intra-day trade. In the past one week, the stock has gained 18 per cent after the company reported 90 per cent year on year (YoY) jump in consolidated net profit at Rs 3,105 crore for March quarter (Q4FY22). Meanwhile, the state-owned defence company made a profit of Rs 1,628 crore in Q4FY21.

Moreover, the company’s revenue from operations grew 6 per cent YoY to Rs 11,561 crore from Rs 10,867 crore in Q4FY21.

Shares of Chennai Petroleum Corporation Limited (CPCL) hit an over four-year high of Rs 343.60, and were frozen at the 5 per cent upper circuit on the BSE in Friday’s intra-day trade. The stock has zoomed over 150 per cent in the past one-and-half month on the back of strong earnings. It trades at its highest level since April 2018, the previous record high was Rs 490 in November 2007.

Since April 1, in seven weeks, the stock of state-owned refineries & marketing company has surged 164 per cent, as compared to a 8 per cent decline in the S&P BSE Sensex.

The rupee hit a new all-time low against the dollar for the fourth straight trading session as the currency ended at 77.73/$, amid continued risk aversion among investors over the prospects of the US Fed tightening interest rate policy. Intervention from the Reserve Bank of India (RBI) helped the currency to cap its losses.

The rupee opened weaker at 77.70/$ as compared to Wednesday’s close of 77.58/$ and traded in a narrow range amid intervention from the central bank.

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