Shares of Ruchi Soya Industries slipped 10 per cent to Rs 783.45 on the BSE in Monday's intra-day trade ahead of closure of its follow-on public offering (FPO) today.

The stock of Patanjali-backed edible oils company traded lower for the fourth straight day, down 14 per cent during the period. It has corrected 31 per cent from its high of Rs 1,139.95 touched on March 15, 2022.

The first direct flight between Gorakhpur and Varanasi was flagged-off on Sunday.

SpiceJet was awarded the route under the RCS-UDAN 4.1, as per a press release by the Ministry of Civil Aviation.

The airline will be operating daily flights and will deploy its Q400, 78-seater turboprop aircraft designed for shorter-distance flights on the route. SpiceJet is India's largest regional carrier.

Shares of Escorts dipped 5.5 per cent to Rs 1,704 on the BSE in Monday's intra-day trade. The stock has fallen 8 per cent in the past two trading days as the open offer made by Japan's Kubota Corporation to acquire additional 28.42 per cent stake in the company ends today. The stock had hit a record high of Rs 1,927 on December 31, 2021.

On November 18, 2021, Escorts' board had announced that Kubota will acquire 37.49 million equity shares or 28.42 per cent of the expanded voting share capital.

Analjit Singh, founder and chairman of Max Group, has rejected media reports about a petition filed before the National Company Law Tribunal (NLCT) regarding an unlisted promoter entity.

Singh referred to reports saying that his wife has filed a suit before the NCLT, alleging that she was facing shareholder oppression at a group holding company and accused its directors, including her husband, of mismanagement.

With 1,270 new COVID infections in the last 24 hours, the active caseload in India has dipped to 15,859 on Monday, Union Health Ministry informed.

The active caseload now constitutes 0.04 per cent of India's total positive cases.

The Ministry, in a press release, said that there has been a sustained fall in the weekly and daily positivity rates too.

The price of 10 gram of 24-carat gold remained unchanged on Monday at Rs 52,590, while the rate of 1 kg of silver was at Rs 68,900.

Ten gram of 22-carat gold is trading at Rs 48,200.

The price of 10 gram of 24-carat gold in Delhi and Mumbai stood at Rs 52,590 while the 10 gram of 22-carat gold in Mumbai and Delhi is trading at Rs 48,200.

Petrol price on Monday was hiked by 30 paise a litre and diesel by 35 paise, taking the total increase in rates in the last one week to Rs 4-4.10 per litre.

Petrol in Delhi will now cost Rs 99.41 per litre as against Rs 99.11 previously while diesel rates have gone up from Rs 90.42 per litre to Rs 90.77, according to a price notification of state fuel retailers.

The Congress on Sunday accused the central government of sheltering promoters of certain companies declaring insolvency through the Insolvency and Bankruptcy Board of India, and demanded a CBI probe into the insolvency of Amtek group.

Addressing a press conference, Congress leader Sanjay Nirupam said the government must order a probe into the findings of Ernst and Young's audit report into the insolvency of Amtek Auto.

Rakesh Jhunjhunwala-backed airline Akasa Air is all set to roll out its commercial operation from June, its CEO Vinay Dube has said here.

Speaking at an interactive session on the sidelines of Wings India 2022, Dube on Friday said the airline hopes to have a fleet of 72 aircraft in the next five years.

Three-year-old restaurant chain Lassi N Shakes has entered Uttar Pradesh with its first outlet launched in Lucknow. The company said that this is its 145th outlet and there are plans to take the total to 1,000 by the end of 2025.

Until now, the company has made efforts to scale up in the Southern market and is now eyeing the Northern states.

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