Dallas-based 7-Eleven Inc (SEI) has signed an agreement with Reliance Retail Ventures (RRV) to launch convenience stores in India, days after Future Retail Ltd ended its deal with the US chain.

The first 7-Eleven store will open on Saturday in Andheri, Mumbai. RRV said in a statement. It will then roll out more stores in neighbourhoods and commercial areas in the Greater Mumbai.

Mansi (she uses only her first name) has had her sights set on a Louis Vuitton Neverfull for years, but pocket constraints held her back. Now, with US e-shopping giant Poshmark entering India, she’s hoping she’d get lucky. Since it launched some three weeks ago, she has been religiously scanning the site in the hope of coming across a pre-owed — the preferred term is pre-loved — LV Neverfull.

Poshmark, a social commerce marketplace for buying and selling clothes and accessories, both used and new, is the latest addition to India’s booming circular fashion industry.

Lashing out at the BJP government, Shiv Sena MP Sanjay Raut questioned whether Uttar Pradesh is Pakistan as Indians are stopped from entering the state, adding that the administration is imposing Section 144 in the Lakhimpur Kheri but detaining opposition leaders in Lucknow.

Speaking to ANI on Lakhimpur Kheri violence where eight people died on Sunday, senior Shiv Sena leader Raut said, Section 144 of CrPC is imposed in Lakhimpur Kheri and you (the government) are arresting (the opposition leaders) in Lucknow.

Tata Consultancy Services (TCS) has announced that its long-standing partnership with State Bank of India (SBI), India’s largest bank, has been extended for another five years as the bank embarks on its next leg of growth based on the three pillars of technology, resilience and people.

The extended partnership builds on a two-decades-long relationship between the two partners, that began with the implementation of the TCS BaNCS core banking solution in 2001, the largest such transformational program of that era.

Shares of Indian Railway Catering and Tourism Corporation (IRCTC) hit a new high of Rs 4,512 after surging 8 per cent on the BSE in Wednesday’s intra-day trade, on the back of heavy volumes, ahead of 1:5 stock split. The trading volumes on the counter more-than-doubled today, with a combined 7.02 million equity shares having changed hands on the NSE and BSE till 11:19 am.

Shares of Himatsingka Seide were locked inthe 5 per cent upper circuit for the second straight day, hitting an over three-year high of Rs 298.50, on expectation of strong demand. The stock of the textiles company was trading at its highest level since September 2018.

In the past three months, the stock has gained 54 per cent, as compared to a 13-per cent rise in the S&P BSE Sensex. While over the past one year, the market price of the company has more-than-doubled, and is up 109 per cent, against a 21-per cent rally in the benchmark index.

Shares of State Bank India (SBI) were up 1.4 per cent at Rs 471 on the BSE in Wednesday’s intra-day trade, quoting close to its record high of Rs 471.85 touched on September 17, 2021. The stock of the state-owned giant was trading higher for the third straight day, having gained 4 per cent during the period.

In the past one month, SBI has outperformed the market and is up 9 per cent, as compared to a 2.8 per cent rise in the S&P BSE Sensex.

Shares of Marico rallied nearly 6 per cent to hit a record high of Rs 590 on the BSE in Wednesday’s intra-day trade after the company said it has recorded revenue growth in the low twenties with strong double digit volume growth during the September 2021 quarter. The stock of the personal products company surpassed its previous high of Rs 587 touched on September 13, 2021.

During the quarter, the sector witnessed improved demand trends as mobility levels increased with reducing Covid infections and accelerated vaccination drives.

Bharat Biotech has been waiting for the authorization of the Covaxin shot for emergency use for some time now. As per reports, the World Health Organisation (WHO) has once again extended World Health Organisation (WHO) has extended giving the emergency use authorization for Hyderabad-based Bharat Biotech's COVID-19 vaccine Covaxin to next week.

WHO and an independent group of experts is scheduled to meet next week to carry out the risk/benefit assessment and come to a final decision whether to grant Emergency Use Listing to Covaxin, tweeted WHO.

The post mortem of a farmer, Gurvinder Singh, who lost his life in the Lakhimpur Kheri violence was performed again on Wednesday, informed Dinesh Chandra, District Magistrate of Bahraich.

While speaking to ANI, Dinesh Chandra, DM of Bahraich, said, An expert panel of doctors had come from Lucknow to monitor the post mortem, which was recorded in compliance with the orders from Chief Minister's Office. The panel will give the result. The post-mortem is being done again as the satisfaction of the family is our priority.

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