Airline major IndiGo seems to be gearing up for the challenge of greater competition in India's skies by appointing its co-founder and promoter -- Rahul Bhatia -- as the Managing Director to focus on expanding the airlines presence in India and international markets.

The appointment comes at a time when the Tata Group has taken over Air India and a new budget carrier, Akasa Air, is slated to commence operations.

A day after Facebook owner Meta Platforms suffered the deepest loss of stock market value in history for a U.S. company, Amazon logged the greatest ever one-day increase in value.

Shares of the online retail and cloud computing giant surged 13.5% on Friday following its blowout quarterly report, expanding its market capitalization by around $190 billion by the end of trading.

Mahindra South Africa has set a new record for monthly sales since it first started selling its range of automotive vehicles in the country 18 years ago.

Figures released by the National Association of Automobile Manufacturers of South Africa (NAAMSA) showed that Mahindra hit a new all-time best sales figure of 1,010 in January 2022. This is a massive 77% improvement over the same month in 2021 and comes despite severe stock shortages and other COVID-19-related disruptions.

Indian Institute of Technology Hyderabad (IITH) and Suzuki Motor Corporation signed a three-year contract to start Suzuki Innovation Centre (SIC) with the vision of "creating innovations for India and Japan" by way of providing a platform for exchange of knowledge between the two organizations.

A press release from IIT Hyderabad said the SIC will be operated as a platform for open innovation among Industries, Academia, and Startups and the Centre will also support skill development and exchange of human resources between India and Japan.

Tech-enabled logistics and fulfilment firm Shiprocket has invested USD 1.5 million in Logibricks for product revamp, talent acquisition and product innovation, among others.

SaaS-based startup Logibricks enables online retailers to seamlessly manage their end-to-end operations on the post-purchase side.

Three arms of Adani Green Energy Ltd (AGEL) have collectively raised Rs 612.30 crore through their maiden domestic bond issue on private placement basis for debt refinancing.

According to a company statement, rated, listed, secured, redeemable, non-convertible debentures (NCDs) of face value of Rs 10 lakh each, in multiple series, have an average annualized coupon rate of 7.83 per cent per annum (fixed) and a tenure up to 12 years.

Shares of ITC gained another 2 per cent at Rs 238.50 on the BSE in Friday’s intra-day trade, extending its past seven-day rally to 11 per cent as the company reported a better-than-expected December quarter results (Q3FY22). The stock had hit a 52-week high of Rs 265.30 on October 18, 2021.

At 09:39 am; ITC erases its intra-day day gain and was down 0.50 per cent at Rs 233.15, as compared to 0.06 per cent rise in the S&P BSE Sensex. The counter has seen huge trading volumes, with a combined 26.4 million equity shares changing hands on the NSE and BSE.

The global coronavirus caseload has topped 387.5 million, while the deaths have surged to more than 5.71 million and vaccinations to over 10 billion, according to Johns Hopkins University.

In its latest update on Friday morning, the University's Center for Systems Science and Engineering (CSSE) revealed that the current global caseload and the death toll stood at 387,549,471 and 5,710,191, respectively, while the total number of vaccine doses administered has increased to 10,009,952,737.

Delhi's air was 'very poor' on Friday morning: a level of pollution regarded to have widespread effects among the general population and more serious effects in members of sensitive groups.

The overall Air Quality Index (AQI) was at 313, according to the state-run System of Air Quality and Weather Forecasting And Research (SAFAR).

Congress leader Rahul Gandhi targeted Prime Minister Narendra Modi on Thursday, alleging that he is silently waiting for "achhe din" as China is abducting and torturing Indian citizens.

"China first captured our land and is now abducting our citizens and torturing them. Modiji is silently waiting for achhe din. Shameful," he said in a tweet In Hindi.

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