Delhi government's power department has predicted that the peak load of the national capital may reach 8000 MW in late June or early July, an official statement said on Monday.

Cabinet Minister Kailash Gahlot chaired a series of separate meetings with the Public Works Department (PWD) and the Power department, said an official statement.

Dealmakers in India should expect another strong year for mergers and acquisitions as geopolitical tensions could propel companies to diversify into the South Asian nation, according to JPMorgan Chase & Co.

India sealed its busiest M&A year ever with about $191 billion worth of transactions in 2022, bucking a global slump in deal activity, according to data compiled by Bloomberg. While it’s unlikely for the country to repeat such a high mark this year, there will be decent deal flow to keep the bankers busy, said Nitin Maheshwari, JPMorgan’s head of M&A for India.

The AAP on Monday attacked the Congress, saying the grand old party lost an opportunity by not supporting the Opposition in the fight over the issues of Adani and raids by central agencies.

AAP national spokesperson Saurabh Bharadwaj also took a dig at Rahul Gandhi and said that Prime Minister Narendra Modi wins the elections as he gets to choose his competitor who is the former Congress chief.

The stage is set for the second round of auction for bankrupt Reliance Capital's assets on March 20, even as the Torrent Group plans to move the Supreme Court against another auction.

Prospective bidders like the Hinduja group and Torrent will have to provide a minimum upfront cash amount of Rs. 8,000 crore to participate in the auction.

Shares of recreational service companies like Imagicaaworld Entertainment and Wonderla Holidays were in demand on Monday as they rallied up to 11 per cent on the BSE in the intra-day trade amid heavy volumes and expectations of strong earnings.

Imagicaaworld, which operates Imagicaa – theme park, water park, snow park and a family hotel Novotel Imagicaa Khopoli, hit a fresh 52-week high of Rs 54.90 on zooming 11 per cent on the BSE in intra-day trade.

The total digital economy of Southeast Asia (SEA), which stands at $210 billion, is expected to grow at 15 per cent compound annual growth rate (CAGR) to reach $430 billion and Indian startups looking to expand overseas should consider Southeast Asia, a report showed on Monday.

The population of over 650 million and 70 million SMEs in Southeast Asia are rapidly becoming more affluent and digitally savvy, creating a high demand for innovative products and services.

Two wheeler major Hero MotoCorp on Monday said it has inked a pact with the US-based Zero Motorcycles to collaborate on premium electric motorcycles.

The collaboration combines the expertise of Zero in developing power trains and electric motorcycles with the scale of manufacturing, sourcing and marketing of Hero MotoCorp, the country's largest two wheeler maker said in a statement.

Vijay alias Usman, an accused in the Umesh Pal murder case, was shot dead by a Prayagraj police team in an encounter here in the early hours of Monday, officials said.

Dhumanganj Station House Officer (SHO) Rajesh Kumar Maurya said the encounter took place in Kaundhiyara police station area around 5.30 am.

Congress leader Rahul Gandhi on Sunday launched a fresh attack on BJP, saying he is not afraid of the criticism against him as he asserted that it's a fight between courage and cowardice, and love and hatred.

Gandhi, who is in London as part of a week-long visit to the UK, made the remarks during his interaction with the Indian diaspora, organised by the Indian Overseas Congress here.

Major Apple Inc supplier Foxconn said on Saturday it was seeking cooperation in India in new areas like chips and electric vehicles (EVs) after a visit to the country by its chairman, Liu Young-way.

Apple has been shifting production away from China after the country's strict COVID-19 restrictions disrupted the manufacturing of new-model iPhones and other devices, and amid tensions between Beijing and Washington.

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