After Shiv Sena's Sanjay Pawar lost the Rajya Sabha polls from Maharashtra to BJP's Dhananjay Mahadik, party leader Sanjay Raut on Saturday alleged that the BJP put pressure on the Election Commission to get his party's one vote disqualified.

Talking to reporters, Raut, who himself managed to win a seat, said the BJP's victory was not as huge as it was being made out to be, and added that the Sena's second candidate secured more first preference votes.

SoftBank and Meta-backed e-commerce startup Meesho recorded 5.35 million orders during its one-day sale event, registering a five-fold jump on a year-on-year basis.

Meesho had registered 1 million orders during the Maha Indian Savings Sale it hosted on June 6, last year.

The National Company Law Appellate Tribunal (NCLAT) on Friday ordered starting of insolvency proceedings in only one of the housing projects of realty firm Supertech Ltd and not the entire company, and directed constitution of the Committee of Creditors for the said project only.

A two-member NCLAT bench limited the Corporate Insolvency Resolution Process (CIRP) to only "Eco Village II Project" located at Greater Noida (West).

Wipro CEO Thierry Delaporte has become Indian IT sector's highest paid executive as papers filed with the US Securities and Exchange Commission showed that his annual pay package in the fiscal year ending March 31, 2022, was Rs 79.8 crore ($10.51 million).

In FY21, Delaporte’s annual salary was Rs 64.3 crore ($8.7 million). His compensation figure was for nine months in that year as the 55-year-old joined the company in July 2020.

Shares of Medplus Health Services (MHSL) hit a new low of Rs 737.15, down 4 per cent on the BSE in Friday’s intra-day trade. The stock of pharmacy retail company, which has fallen below its issue price of Rs 796 per share, was trading lower for the sixth straight day, down 16 per cent during the period.

With the recent decline in the stock price of the company, MHSL was trading 7 per cent lower from its issue price. It has tanked 45 per cent from its 52-week high level of Rs 1,343 touched on January 20, 2022.

Jeff Bezos and Mukesh Ambani, two of the world’s richest men, are set for another clash. This time the fight is over media rights to the Super Bowl of cricket, one of the world’s fastest-growing sporting events that draws 600 million viewers and has a brand value of almost $6 billion.

The billionaires’ companies are expected to be the top two contenders at a June 12 Indian Premier League auction, which is likely to lure several bidders for separate, five-year telecasting and online streaming contracts in different geographies.

Akasa Air has signed a contract with Irish leasing company Griffin Global Asset Management for sale and leaseback of five Boeing 737 Max aircraft, a statement said on Thursday.

Under sale and leaseback model, the airline sells its planes to a leasing company and then leases them back. This frees up the cash that the airline has spent in buying the aircraft.

A month after the Supreme Court directed the Delhi Metro Rail Corp (DMRC) to bring Rs 4,600 crore out of its coffers for its long-standing liability to a Reliance Infra (RInfra) subsidiary, DMRC has written to 18 banks, inviting bids to raise a Rs 2,700-crore loan.

The court had upheld a Delhi High Court order, conse­quent to which DMRC is to pay the arbitral award amount, alo­ng with interest, to Reliance In­fra-owned Delhi Airport Metro Express Private Limited (DAM­EPL) in two equal instalments.

A renewable energy deal with India's Adani group figured in Sri Lanka's parliamentary debate on the Electricity Amendment bill, which was passed in Parliament on Thursday amid resistance from Opposition lawmakers and industry trade unions.

The Opposition charged that an unsolicited government-to-government agreement to build a 500 MW wind power plant in the northern coast with the involvement of the Adani Group was key to the amendments to the 1989 Act.

A consortium of Apollo Global Management Inc. and Reliance Industries Ltd. has made a binding offer for Walgreens Boots Alliance Inc.’s international drugstore arm, people with knowledge of the matter said.

The bid for the Boots business is fully backed by committed financing, the people said, asking not to be identified because the information is private.

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