Daily new cases of coronavirus in India continued to remained below 30,000 with the country recording 27,176 fresh COVID-19 cases, while 284 new fatalities were recorded, according to the Union Health Ministry data updated on Wednesday.

With the fresh cases, India's total tally of COVID-19 cases rose to 3,33,16,755, while the death toll has climbed to 4,43,497, according to the data updated at 8 am.

Hospitality major OYO has expanded its Employee Stock Option Plan (ESOP) pool by 41 per cent with the addition of another 20 crore shares.

The company has added 20 crore shares of the face value of Re 1 to the existing ESOP pool taking it to a total of 63 crore shares, according to a filing with the Registrar of Companies (RoC).

Leading sportswear giant - adidas unveiled its first flagship store in India. Located in the heart of the national capital - Connaught Place, 'The Home of Possibilities' store is a blend of multiple digital touch points, sustainability zone and embodies the future of retail experience for consumers.

Spread in 5,900 sq ft of retail area across 4 floors, the store's concept is brought to life inspired from the brand's 'OWN THE GAME' strategy that focuses on 3 important aspects which are Experience, Sustainability, and Credibility.

Telecom services provider Bharti Airtel is set to join an elite group of companies having market captialisation (market-cap) of Rs 4 trillion after the stock price of the company continued its upward movement on back of a slew positive news. The stock hit a fresh record high of Rs 719.60, up 4 per cent on the BSE in intra-day trade on Wednesday.

At 11 am; Bharti Airtel was trading 2.8 per cent higher at Rs 713.50, with a market cap of Rs 3.94 trillion. The market price of the company is mere 1.2 per cent shy of the Rs 4 trillion mark.

Shares of Ami Organics were up 20 per cent at Rs 1,121 on the BSE in intra-day trade on Wednesday after the specialty chemicals company made a strong market debut on Tuesday. With today’s rally, the stock has now gained a solid 84 per cent against in just two trading sessions from its issue price of Rs 610 per share.

Ami Organics is focused towards manufacturing of advanced pharma intermediates (PI) for regulated/generic APIs and New Chemical Entities (NCE) and key starting material for agrochemical and fine chemicals.

Shares of state-owned oil exploration & production companies Oil Natural Gas Corporation (ONGC) and Oil India rallied 5 per cent each on the bourses on higher crude oil prices.

ONGC was up 5 per cent at Rs 130 in the intra-day trade, surpassing its previous high of Rs 128.45 touched on 15 June, 2021. Oil India, meanwhile, hit a fresh 52-week high at Rs 208.80, and has gained 5 per cent on the BSE. In comparison, the S&P BSE Sensex was up mere 0.20 per cent at 58,364 points at 09:49 am.

India produced the largest amount of social media misinformation on COVID-19 due to the country's higher internet penetration rate, increasing social media consumption and users' lack of internet literacy, according to a new study.

The study, 'Prevalence and Source Analysis of COVID-19 Misinformation in 138 Countries', was published in Sage's International Federation of Library Associations and Institutions journal.

Shares of state-owned travel support services company Indian Railway Catering and Tourism Corporation (IRCTC) continued at their upward movement as the scrip rallied 9 per cent to hit a new high of Rs 3,746 in intra-day trade on Tuesday.

The stock was quoting higher for the eighth straight trading day, having rallied 37 per cent during the period. With the sharp rally in IRCTC, the stock is now currently trading 1,071 per cent higher over its issue price of Rs 320 per share. IRCTC had made its stock market debut on October 14, 2019.

Tata Steel has commissioned a 5-tonne-per-day (TPD) carbon capture plant at its Jamshedpur Works, making it the country’s first steel company to adopt such a carbon capture technology that extracts carbon-di-oxide directly from blast furnace gas, the company said on Tuesday.

Tata Steel will reuse the captured CO2 on-site to promote the circular carbon economy. The project has been executed with technological support from Carbon Clean, a global leader in low-cost CO2 capture technology.

Ahead of the Assembly polls in Uttar Pradesh next year, the Congress is contemplating a change in the state unit to tap in the upper caste community, the current chief is from the backward community, sources in the party have said.

The consideration for the change is purely political as the Congress leadership is happy with the work of the state president, but the party has of late realised that it is not in the 'game of the OBC community' as the BJP and Samajwadi Party have occupied that space, sources further said.

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