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.

Shares of Godrej Properties slumped 10 per cent to Rs 1,502.35 in Friday’s intra-day trade after its board approved an investment of Rs 400 crore in DB Realty (DBR), to acquire around 10 per cent stake through the issue of warrants. The stock of the Mumbai-based real estate firm has tanked 16 per cent in the past two trading sessions. The company had after reported a subdued December quarter results as its pre-sales volumes declined 7 per cent year-on-year/ 39 per cent on a sequential basis.

At 09:27 am; Godrej Properties traded 7 per cent lower at Rs 1,556, as compared to 0.10 per cent gain in the S&P BSE Sensex.

Amazon pulled the veil off its sprawling advertising business for the first time on Thursday, revealing a business larger than that of Google's YouTube.

Amazon reported ad revenue of $9.7 billion for the fourth quarter, up 32% from last year, and $31 billion for the year.

YouTube posted $28.8 billion in ad revenue for 2021.

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