Shares of PB Fintech, the parent company of Policybazaar, rallied another 16 per cent to Rs 1,397 on the National Stock Exchange (NSE) in Tuesday’s intra-day trade after a strong market debut on Monday. With today’s rally, the stock has surged 43 per cent against its issue price of Rs 980 per share.

A sharp rally in market price of the company has helped PB Fintech enter the top-100 most valuable companies in terms of market capitalisation (market-cap).

E-commerce major Amazon India on Monday said it is currently investigating an issue, wherein its platform was allegedly used to source marijuana.

On Saturday, an online marijuana sale racket was busted by Bhind police in Madhya Pradesh, leading to the arrest of two persons and seizure of 20 kilograms of the contraband, according to an official.

The US Centers for Disease Control and Prevention (CDC) has issued a 'Level One' COVID-19 notice for Americans travelling to India, saying the risk of contracting the infection and developing severe symptoms may be lower if one is fully vaccinated.

The travel health notice has also been issued for Pakistan.

Toxic air shrouded Delhi and cities nearby on Monday as state governments meet later to consider ways to curb the pollution, scrambling after the Supreme Court recommended urgent restrictions on vehicle movement and industrial activities in and around the capital.

Delhi's Air Quality Index (AQI) was 331--'very poor'--at 8 am on Tuesday, according to the state-run System of Air Quality and Weather Forecasting And Research (SAFAR). Readings below 50 are considered safe, while anything above 300 is considered hazardous or 'severe'.

India Inc has witnessed 221 M&A deals amounting to $9.2 billion in October 2021, which is the highest since 2015.

According to Grant Thornton Bharat Dealtracker, October has seen an 11 per cent increase in deal activities as compared to September 2021. It said that the deal volumes have doubled on a YoY basis.

A panel of the Japanese Health Ministry has approved administering booster shots of the Covid-19 vaccine from December 1.

The Pfizer-BioNTech Covid-19 vaccine will initially be the only one used for the third doses, reports Xinhua news agency citing the panel as saying on Monday.

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.

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