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Maharashtra records 24,948 new Covid-19 cases and 103 deaths

Maharashtra records 24,948 new Covid-19 cases and 103 deaths

Maharashtra on Friday recorded 24,948 new coronavirus cases including 110 Omicron infections and 103 pandemic-related deaths, the health department said.

New cases declined by 477 compared to the day before. On Thursday, the state had recorded 25,425 cases besides 42 fatalities.

The caseload on Friday rose to 76,55,554 and death toll reached 1,42,461.

State Bank of India tweaks recruitment rules for pregnant women candidates

State Bank of India tweaks recruitment rules for pregnant women candidates

The country's largest lender State Bank of India (SBI) has put in place new rules wherein a woman candidate with more than three months pregnancy will be considered "temporarily unfit" and can join the bank within four months after delivery.

The move has elicited criticism from some quarters, including from the All India State Bank Of India Employees' Association.

Global Covid caseload tops 369.4 mn, deaths surge to more than 5.64 mn

Global Covid caseload tops 369.4 mn, deaths surge to more than 5.64 mn

Amid an ongoing resurgence across the world, the global coronavirus caseload has topped 369.4 million, while the deaths have surged to more than 5.64 million and vaccinations to over 9.92 billion, according to Johns Hopkins University.

In its latest update on Saturday morning, the University's Center for Systems Science and Engineering (CSSE) revealed that the current global caseload and the death toll stood at 369,440,775 and 5,648,611, respectively, while the total number of vaccine doses administered has increased to 9,926,334,578.

Adani Wilmar IPO subscribed 1.13 times on the second day of offering

Adani Wilmar IPO subscribed 1.13 times on the second day of offering

The initial public offering of edible oil major Adani Wilmar Limited received 1.13 times subscription on the second day of offering on Friday. The IPO received bids for 138,577,270 shares against 122,546,150 shares on offer, according to an update on BSE.

The category for Retail Individual Investors (RIIs) was subscribed 1.85 times, while non-institutional investors received 88 per cent subscription and Qualified Institutional Buyers (QIBs) 39 per cent.

Oberoi Realty net profit rises 63% at Rs 467.53 crore in Dec quarter

Oberoi Realty net profit rises 63% at Rs 467.53 crore in Dec quarter

Mumbai-based Oberoi Realty Ltd on Friday reported a 63 per cent increase in its consolidated net profit at Rs 467.53 crore for the quarter ended December.

Its net profit stood at Rs 286.65 crore in the year-ago period.

Total income rose to Rs 846.19 crore during October-December period of this fiscal year from Rs 837.57 crore in the corresponding period of the previous year, according to a regulatory filing.

Happiest Minds Technologies Q3 net profit jumps 16.1% to Rs 48.92 cr

Happiest Minds Technologies Q3 net profit jumps 16.1% to Rs 48.92 cr

IT firm Happiest Minds Technologies Ltd on Friday reported a 16.1 per cent jump in consolidated net profit to Rs 48.92 crore for the December 2021 quarter.

The company had posted a net profit of Rs 42.15 crore in the year-ago period.

Its revenue during October-December 2021 grew 47.2 per cent to Rs 283.94 crore as compared with Rs 192.84 crore in the year-ago period, a regulatory filing said.

Adani Total Gas wins 14 out of 52 city gas licences, Indian Oil Corp 8

Adani Total Gas wins 14 out of 52 city gas licences, Indian Oil Corp 8

A joint venture of billionaire Gautam Adani-run group's gas arm and Total of France on Friday walked away with the most 14 licenses to retail CNG to automobiles and piped cooking gas to households in the latest city gas bidding round, according to oil regulator PNGRB.

Adani Total Gas Ltd won city gas rights in 14 out of the 52 geographical areas (GAs) for which Petroleum and Natural Gas Regulatory Board (PNGRB) declared results on Friday.

Zomato to form non-banking finance company to enter financial services biz

Zomato to form non-banking finance company to enter financial services biz

Zomato Ltd, restaurant aggregator and food delivery company, has decided to foray into the financial services business and has decided to create a non-banking finance company (NBFC) as a wholly-owned subsidiary for the purpose.

The proposed paid-up capital of NBFC will be Rs 3 crore, while the authorised capital is pegged at Rs 10 crore. The name of the company is being finalised subject to approval by the Ministry of Corporate Affairs, Zomato said in a filing with the BSE.

TVS Motor skids 7% on acquisition of Switzerland's e-bike player SEMG

TVS Motor skids 7% on acquisition of Switzerland's e-bike player SEMG

Shares of TVS Motor Company slipped 7 per cent to Rs 585.20 on the BSE in Friday’s intra-day trade in an otherwise firm market after the company announced it acquired 75 per cent stake in Swiss E-Mobility Group (SMEG) for $100 million (about Rs 752 crore).

The acquisition reaffirms TVS Motor Company’s commitment to expansion in Europe through a portfolio of premium and technology leading brands, including Norton Motorcycles and EGO Movement, which were recently acquired, the company said in a press release. TVS Motor had bought 80 per cent stake in EGO Movement for $17.9 million in September 2021.

AAP promises free bus service for women, 300 units free electricity in UP

AAP promises free bus service for women, 300 units free electricity in UP

The Aam Aadmi Party on Thursday released its manifesto for the Uttar Pradesh assembly elections promising free bus service for women, 300 units of free electricity and round-the-clock power supply in the state.

The manifesto, named Kejriwal Guarantee Card', was released by Sanjay Singh, AAP's Uttar Pradesh in-charge at a press conference.

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