The Karnataka High Court on Monday heard the petition filed by the Competition Commission of India (CCI) for the probe against e-commerce firms Amazon and Flipkart. This is a continuation of the matter when the Supreme Court in October last year declined to entertain the petition filed by CCI seeking to remove Karnataka High Court’s stay on an investigation that the watchdog had ordered against Amazon and Flipkart related to anti-competitive business practices.

Gold price on Monday fell to Rs 48,900 from Rs 52,420, while the silver price was trending at Rs 48,910 per kg, according to the Good Returns website.

Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges.

Shares of HDFC Bank hit a new high of Rs 1,500, up 2 per cent on the BSE in Monday's early morning trade after the private sector reported steady performance for the October-December quarter (Q3FY21) with net profit increasing by 18 per cent year on year (YoY) to Rs 8,758 crore, driven by robust growth in net interest income and other income.

The bank’s net interest income (interest earned minus interest expended) grew 15 per cent YoY to Rs 16,318 crore.

Metropolis Healthcare, a leading diagnostic service provider, is set to acquire Chennai-based Dr Ganesan’s Hitech Diagnostic Centre Pvt Ltd for a cash consideration of Rs 511 crore.

Metropolis will acquire 100 per cent equity of Dr Ganesan’s Hitech Diagnostic Centre in a cash and stock deal.

In a boost to India's efforts to contain coronavirus, the Serum Institute of India (SII), one of the world's largest vaccine manufacturers, has claimed that four more COVID-19 vaccines are in progress. SII has prepared Covishield, the vaccine which is being used in India. The institute says that the trial of all the vaccines is in full swing and it is expected that it will be completed soon.

According to Suresh Jadhav, Executive Director of the Serum Institute, work is progressing rapidly on four more vaccines in addition to Covishield.

After being closed for nearly 10 months due to the Covid-19 pandemic, schools in Delhi are set to reopen from Monday for students of Classes 10 and 12.

Staggered and shorter class hours, frequent sanitisation, and entry and exit through multiple gates are among various new ways adopted by schools in Delhi as they prepare to welcome students for the first time since the COVID-19 pandemic forced closure of educational institutes in March last year.

Mumbai's civic agency, Brihanmumbai Municipal Corporation (BMC) on Sunday lifted the fine charged for not wearing masks inside private vehicles in the city.

The new rule came into force from Sunday afternoon. However, wearing masks is still mandatory in public transports.

Prime Minister Narendra Modi will perform the ground-breaking ceremony for the Ahmedabad Metro Rail Project Phase-II and the Surat Metro Rail Project via video-conferencing on Monday.

The ceremony will start at 10:30 AM via video conferencing, informed the Prime Minister's Office.

Agitating farmer unions on Sunday remained firm on holding a tractor rally on Republic Day and vowed to continue their stir till the agri laws are repealed, even as Agriculture Minister Narendra Singh Tomar urged them to discuss alternatives to scrapping the legislation at the next meeting scheduled for January 19.

Farmers will carry out a tractor parade along Delhi's Outer Ring Road on Republic Day, announced Swaraj India leader Yogendra Yadav on Sunday, asserting that the parade will be conducted peacefully with the national flag.

Ahead of the upcoming West Bengal Assembly election, the Shiv Sena party on Sunday announced a major decision on the state assembly election. Maharashtra Chief Minister Udhhav Thackeray-led Shiv Sena party has decided to contest the West Bengal Assembly Elections, party MP Sanjay Raut announced on Sunday.

Raut said the decision was taken after discussions with Maharashtra Chief Minister and Sena president Uddhav Thackeray.

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