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Adani Power entered the list of top-50, most valued companies, in terms of market captialisation (market cap), in the country as the stock price of company more-than-doubled in the past one month.

The Gautam Adani-led Adani Group Company, engaged in the electric utilities business hit a new high of Rs 259.20, on gaining 5 per cent on the BSE in Friday's intra-day trade. With today's rally, the stock has zoomed 109 per cent in the past one month from a level of Rs 123.75.

With 2,451 new coronavirus infections being reported in a day, India's total tally of COVID-19 cases rose to 4,30,52,425, while the active cases increased to 14,241, according to the Union Health Ministry data updated on Friday.

The death toll climbed to 5,22,116 with 54 fresh fatalities, the data updated at 8 am stated.

Shares of HCL Technologies were up 3 per cent to Rs 1,135 on the BSE in Friday’s intra-day trade in an otherwise weak market. The rally comes after the IT major delivered revenue growth of 1.1 per cent quarter-on-quarter (QoQ) in constant currency terms in March quarter (Q4FY22), with a strong growth in services, which was up 5 per cent QoQ in CC terms. Meanwhile, earnings before interest and tax margin (EBITM) declined by 110 basis points to 17.9 per cent.

The stock rebounded 5 per cent from its intra-day low of Rs 1,083.55 on the BSE. At 09:43 am;

Shares of Rallis India dipped 9 per cent to Rs 255 on the BSE in Friday’s intra-day trade after the company reported a consolidated net loss of Rs 14 crore in March quarter (Q4FY22), on higher raw material cost. The stock of the Tata Group and a subsidiary of Tata Chemicals had posted a profit after tax of Rs 8 crore in a year ago quarter.

At 09:30 am; the stock traded 6 per cent lower at Rs 263.45, as compared to a 0.78 per cent decline in the S&P BSE Sensex.

Adani Ports and Special Economic Zone (APSEZ) through its subsidiary, Adani Harbour Services is acquiring 100 per cent stake in Ocean Sparkle (OSL), a leading third-party marine services provider, at an enterprise valuation of Rs 1700 crore

Ocean Sparkle is a leading player in towage, pilotage, and dredging with an asset base of 94 own vessels and 13 third-party-owned vessels. The company has Rs 300 crore of free cash and was established by a group of marine technocrats with P Jairaj Kumar as the chairman and MD, in 1995. Kumar will continue as the chairman of the OSL board.

More than 5.87 lakh farmers have been mobilised under the 'Formation & Promotion of 10,000 Farmer Producer Organisations (FPOs)' scheme launched in February 2020 with equity contribution by farmer members amounting to Rs 36.82 crore, the Centre announced on Thursday.

Stating that the FPOs have started business transactions, the government said, As many as 84 FPOs of 14 Cluster Based Business Organisations (CBBOs) have made transactions worth Rs 928.28 lakh and 12 FPOs of three CBBOs of NAFED have made transactions worth Rs 48.35 lakh.

Delhi government on Thursday announced that the precautionary or the booster COVID-19 dose will be available for free to all eligible beneficiaries aged between 18 and 59 years in all government vaccination centres.

This comes after the national capital witnessed a sharp rise in the coronavirus cases.

Shares of Angel One climbed 18 per cent while that of ICICI Securities dropped 5 per cent, on Thursday, as investors reacted to the March quarter earnings posted by both brokerages. Angel One, a discount broking firm, posted a net profit of Rs 205 crore, which was double of what they had earned in the same period last year. The number surpassed Street estimates of Rs 175 crore as the broker’s revenue grew 64 per cent year-on-year (YoY) to Rs 671.2 crore.

With an 18.1 per cent surge, Angel One saw its stock end the day at Rs 1,918.7, valuing the company at Rs 15,910 crore.

Their bruising battle for control of a bankrupt Indian retailer isn’t over yet, and two of the world’s richest men are already heading for a second round in their contest — this time on the cricket field.

Mukesh Ambani, the petrochemicals and telecommunications tycoon, is expected to vie for broadcast and streaming rights of the Indian Premier League via his flagship Reliance Industries Ltd.,

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