The BEML's demerged non-core businesses entity, BEM Land Assets Ltd, is expected to be listed in the next one month, a step toward divestment of the engineering major.

The government seeks strategic divestment of 26 per cent post BEML demerger process of non-core assets.

India saw a single-day rise of 501 new coronavirus infections, while the active cases have declined from 7,918 to 7,561, the health ministry said on Tuesday.

Currently, the total Covid cases stand at 4,46,66,676, while the death toll has climbed to 5,30,535 with two more fatalities -- one each from Delhi and Rajasthan.

Homegrown microblogging platform Koo on Wednesday announced that it has become the second largest microblog available to the world.

Launched in March 2020, the platform recently clocked 50 million downloads and has seen an upward trajectory in terms of growth.

The US government has fined Air India $1.4 million for "extreme delays" in refunding passengers $121.5 million for flights cancelled or changed significantly.

Announcing the action against the Indian flag carrier and five other airlines on Monday, Transportation Secretary Pete Buttigieg said: "A flight cancellation is frustrating enough, and you shouldn't also have to haggle or wait months to get your refund."

Piramal Capital and Housing Finance Ltd has withdrawn the insolvency proceedings against Reliance Power Ltd.

Piramal Capital and Housing Finance Ltd has withdrawn the application made against Reliance Power Ltd under section 7 of the Insolvency and Bankruptcy Code 2016, a BSE filing stated.

Paytm's pre-IPO investors, which include likes of Warren Buffet's Berkshire Hathway, SoftBank, Elevation Capital and Alibaba, do not seem to be in a hurry to exit the company as they continue to believe in its long-term prospect, analysts said.

On Tuesday, 86 per cent of Paytm's shares became free to trade after end of lock-in period but that had a minimal impact on the stock.

Meta Platform Inc.’s former policy head for India is set to take a similar role at Samsung Electronics Co.’s local unit, people with knowledge of the matter said.

Rajiv Aggarwal will take up the position, which entails liaising with and lobbying government officials on domestic policy matters, from December, one of the people said, asking not to be identified because the appointment hasn’t been made public.

As the crypto world remains surrounded by mostly negative news, there has been a global meltdown in investment in the once-bright sector. Indian investors, too, seem wary, some of them reassessing their exposure and others completely withdrawing until they could make sense of the volatile situation.

Already on shaky ground, after several digital coins began losing their value a few months ago, the collapse started earlier this month when Binance CEO Changpeng Zhao announced his exchange was liquidating all FTX tokens.

The AAP on Monday instructed its MCD poll candidates to hold padyatras and door-to-door campaigns to reach out to voters ahead of the elections, party officials said.

The directions were issued at a meeting of the party's 250 candidates that was presided over by Delhi Deputy Chief Minister Manish Sisodia. Delhi Environment Minister Gopal Rai and AAP leaders Atishi and Durgesh Pathak also attended the meeting.

Amid chaos at Twitter, Elon Musk will face two court cases in the US this week, one defending his $56 billion pay package from allegations by Tesla shareholders and the other is a manslaughter trial set to begin in Los Angeles state for a fatal crash.

Taken together, the twin trials represent a critical test for Musk's multitasking skills, reports The Verge.

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