The Supreme Court on Thursday rejected a petition by State Bank of India, the nation’s largest lender, to allow a personal bankruptcy case against tycoon Anil Ambani to resume.

A three-judge panel headed by Justice L Nageswara Rao ruled that the bankruptcy case against the former billionaire will remain suspended and directed the Delhi High Court to decide on Ambani’s challenge to provisions of India’s insolvency law.

Taking benefit of space vacated by many lenders in wholesale lending, Tata Capital, with three NBFCs under its wings, is looking to step up the corporate finance business by lending more to better-rated companies.

It is also looking at prospects for Alternate Investment Funds (AIF) to finance corporates as it consumes less capital and provides flexibility to structure deals.

India's COVID-19 case tally crossed 52 lakh-mark with a spike of 96,424 new cases and 1,174 deaths in the last 24 hours, said Union Ministry of Health & Family Welfare on Friday.

The total case tally in the country stands at 52,14,678 including 10,17,754 active cases, 41,12,552 cured/discharged/migrated and 84,372 deaths.

A farmers' body on Thursday announced to hold 'rail roko' agitation from September 24 to September 26 to lodge their protest against the three agriculture ordinances passed by the Union Cabinet.

We have decided to hold a rail roko agitation from September 24 to 26 against the three agriculture ordinances, said Kisan Mazdoor Sangharsh Committee General Secretary Sarwan Singh Pandher.

The `medico legal opinion` of forensic experts, which holds the key to unravelling the mystery shrouding the death of Bollywood actor Sushant Singh Rajput, hints at certain discrepancies relating to the inquest report and description of the crime scene filed by the police.

A thorough re-examination of the scene of crime which includes the bedroom and duplex flat of Sushant where the star allegedly committed suicide, and autopsy files were conducted by the forensic experts of the All India Institute of Medical Sciences (AIIMS) to ascertain the cause of death of the young Bollywood actor.

President Ram Nath Kovind on Friday accepted the resignation of Shiromani Akali Dal (SAD) leader Harsimrat Kaur Badal, who resigned from the Union Council of Ministers last evening.

Furthermore, the President has directed Narendra Singh Tomar to take the additional charge of the Ministry of Food Processing Industries.

The Indian Council of Medical Research (ICMR), the apex body at forefront of formulating the COVID-19 testing strategy in India has crossed six crore-mark on Wednesday. With average testing of more than 10 lakhs per day in the last 20 days, India has tested 6,05,65,728 samples across the country till Wednesday (September 16).

India conducted the last two crores sample testing in only 20 days.

In another gift to poll-bound Bihar, Prime Minister Narendra Modi will inaugurate the historic Kosi Rail Mega Bridge on Friday through video conferencing.

Apart from Kosi Rail Mega Bridge, the Prime Minister will also inaugurate other rail projects which include a new railway bridge on the Kiul River, two new railway lines, five electrification projects, one electric locomotive shed at Barauni and a third line project between Barh-Bakhtiyarpur, according to an official release.

Shares of Dr Reddy's Laboratories extended their gains to the second straight day, up as much as 2.4 per cent to Rs 4,748 on the BSE on Thursday. The stock had risen 4.4 per cent in the last trading session after the firm and Russia's sovereign wealth fund, Russian Direct Investment Fund (RDIF), agreed to cooperate on clinical trials and distribution of Sputnik V vaccine in India.

The overall number of global coronavirus cases has topped 29.7 million, while the deaths have increased to over 939,000, according to the Johns Hopkins University.

As of Thursday morning, the total number of cases stood at 29,760,579 and the fatalities rose to 939,427, the University's Center for Systems Science and Engineering (CSSE) revealed in its latest update.

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