The price of ten gram of 24-carat gold on Tuesday decreased by Rs 360 to Rs 48,930 from Monday's trading price. The price of silver decreased by Rs 800 per kg to Rs 66,400, according to goodreturns.in.

In Delhi, the rate of 24-carat gold stands at Rs 52,620 and in Mumbai it is Rs 48,930. The price of ten gram of 22-carat gold in Delhi and Mumbai is Rs 48,250 and Rs 47,930.

Debt-ridden telecom operator Vodafone Idea is evaluating the option of converting interest dues arising out of the deferment of statutory payments into equity, a senior company official said on Monday.

The company is also in talks with banks and investors for raising funds and part of the proceeds is likely to be utilised towards meeting obligations related to debt maturing this fiscal, Vodafone Idea Limited (VIL) Chief Financial Officer Akshay Moondra said during the company's earning call.

Two of the world’s richest men, fighting over a near-bankrupt Indian retailer, have made so much noise that its board has woken up super cranky. In less than a week, the three independent directors of Future Retail Ltd. have shot off two letters to the country’s competition authority, alleging that Amazon.com had deliberately misled the regulator about the true nature of its 2019 investment in a related entity. They want the antitrust watchdog to cancel the transaction.

India's Covid tally rose to 3,44,47,536 with 10,229 more people testing positive for coronavirus, while the active cases have declined to 1,34,096, the lowest in 523 days, according to the Union Health Ministry's data updated on Monday.

The death toll reached 4,63,655 after 125 new fatalities were reported, the data updated at 8 am showed.

SJS Enterprises (SJS) made a listless stock market debut, with the shares getting listed at Rs 540, a 0.37 per cent discount over its issue price of Rs 542 per share on the BSE. On the National Stock Exchange (NSE), the stock opened at par of Rs 542 per share.

Post listing, the stock hit an intra-day low of Rs 515.10, 5 per cent below its issue price. On the flipside, it hit a high of Rs 550 in intra-day trade on the BSE. On the NSE, the stock hit a high of Rs 549 and a low of Rs 515.

Sigachi Industries (SIL) made a stellar stock market debut - its shares got listed at Rs 575, a 253 per cent premium over its issue price of Rs 163 per share on the BSE. On the National Stock Exchange (NSE), the stock opened at Rs 570, a 250 per cent higher against its issue price.

At 10:09 am; the stock was locked at the maximum 5 per cent upper circuit at Rs 603.75, a 270 per cent gain over its issue price. While, on the NSE, the stock was frozen at Rs 598.50, a 267 per cent higher against its issue price.

PB Fintech, the parent company of Policybazaar, made a good stock market debut, with shares listed at Rs 1,150, a 17 per cent premium over its issue price of Rs 980 per share on the BSE. Post listing, the stock moved higher to Rs 1,194.95, a 22 per cent premium to its issue price.

At 10:02 am; PB Fintech was trading at Rs 1,185, up 3 per cent from its opening level on the BSE. In comparison, the S&P BSE Sensex was up 0.40 per cent at 60,928. Around 468,000 equity shares changed hands at the counter on the NSE and BSE.

Investors looking at newly listed shares in India will be busy this week.

The third week of November concentrates the first day of trade for initial public offerings that together raised about $3.3 billion, the biggest weekly amount for the local market in 11 years. That includes Paytm’s debut on Thursday following its $2.4 billion offering, the country’s biggest on record.

Sanjeev Bikhchandani-led Info Edge saw its net profit rise 2,147 per cent to Rs 7,371 crore year-on-year (YoY) in the September quarter. It reported an unrealised market gain of Rs 8,941 crore from its stake in foodtech company Zomato in the second quarter. The company registered a gain of Rs 357 crore from the sale of its shares in the Zomato initial public offering.

The company reported profit before tax (before exceptional items) of Rs 139.2 crore for the quarter ended September, compared to Rs 65.4 crore in the year-ago period.

Rajasthan Chief Minister Ashok Gehlot asked the Central government to further cut excise duty on petrol and diesel.

Speaking to the media, the chief minister said, "We demand the Central government to further cut petrol and diesel prices."

"If the Centre reduces fuel prices, then, it will be reduced in the states too," Gehlot said.

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