Voting will be held on Monday in all assembly seats in Goa and Uttarakhand, besides 55 constituencies Uttar Pradesh in the second phase of the state polls, with chief ministers Pramod Sawant and Pushkar Singh Dhami, former CM Harish Rawat and jailed Samajwadi Party leader Azam Khan among the prominent leaders in the fray.

It is a high-stakes election for the ruling BJP and a litmus test for the Modi government's policies that the Congress, AAP and other opposition parties have targeted during their campaign.

Asian shares slipped on Monday as warnings Russia could invade Ukraine at any time sent oil prices to seven-year peaks, boosted bonds and belted the euro.

The United States on Sunday said Russia might create a surprise pretext for an attack, as it reaffirmed a pledge to defend every inch of NATO territory.

Sitting on a huge cash pile, Godrej Properties plans to invest around Rs 7,500 crore over the next 12-18 months on acquisition and development of new real estate projects.

In an interview with PTI, Godrej Executive Chairman Pirojsha Godrej sounded upbeat on the growth potential in the housing and commercial real estate segments especially in four major markets -- Mumbai Metropolitan Region (MMR), Delhi-NCR, Bengaluru and Pune -- where the company has a huge presence.

Realty firm Ramky Estates & Farms Ltd has tied up with Genpact to develop a 14-acre project in Hyderabad. Property consultant JLL India said in a statement that it facilitated the deal.

Genpact and Ramky Estates & Farms Limited (REFL) will develop 14.37 acres of land situated at Uppal, Hyderabad. The land parcel owned by IT major Genpact is situated next to their campus in Uppal. Hyderabad-based REFL will develop Grade A offices for Genpact.

IL&FS group would resolve debt of Rs 55,000 crore by March 2022, the board of the crisis-hit company has stated in its affidavit filed before the National Company Law Appellate Tribunal (NCLAT).

While updating the progress of the resolution progress, the IL&FS board, led by Uday Kotak, said Rs 55,000 crore debt would be resolved through asset monetisation, restructuring and insolvency proceeding initiatives.

The government will sell 5 per cent of its stake in Life Insurance Corporation (LIC), through an initial public offering (IPO), of which 100 per cent is offer for sale. LIC filed its draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (Sebi) on Sunday, thus setting the wheels in motion for the country’s largest-ever IPO.

The market regulator, according to sources, is expected to give its nod for the LIC IPO in three weeks. The Union government has often reiterated that the public issue of LIC will happen within the current financial year (FY22).

The last rites of former Bajaj Group chairman, Rahul Bajaj, were performed in Pune on Sunday with full state honours with representatives of India Inc, politicians and common people bidding a final adieu to the veteran industrialist.

The last rites were performed by Rahul Bajaj's sons Rajeev and Sanjiv at the electric crematorium at Vaikunth Smashanbhoomi in Pune city.

Shares of Nuvoco Vistas Corporation hit a record low of Rs 398, down 7 per cent on the BSE in Friday's intra-day trade, after the company reported consolidated loss of Rs 86 crore in December quarter (Q3FY22) due to lower revenue. The cement and cement products company had posted consolidated profit of Rs 44 crore in Q3FY21.

Revenue from operations declined 3 per cent year-on-year (YoY) to Rs 2,165 crore as against Rs 2,231 crore in the corresponding quarter of the previous fiscal.

Chennai-based cement major India Cements saw a 76 per cent dip in consolidated net profit during the third quarter of the financial year 2021-22 to Rs 16 crore, as compared to Rs 68 crore during the same period last fiscal due to the impact of Covid and the heavy rains in South India on the sector.

The company revenue from operations too saw a marginal dip of 2 per cent during the quarter to Rs 1,160 crore, as compared to Rs 1,185 crore during the Q3 of 2020-21.

JSW Steel on Friday reported 15 per cent rise in crude steel production at 16.46 lakh tonne for the month of January.

The company's crude steel production was at 14.32 lakh tonne (LT) in January 2021, JSW Steel said in a filing to BSE.

JSW Steel reported the crude steel production for the month of January 2022 at 16.46 lakh tonne, that grew by 15 per cent Y-o-Y on standalone basis, the filing said.

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