Delhi HC orders status quo on $3.4 bn Future Group-Reliance Retail deal The Delhi High Court on Tuesday asked Future Retail Ltd (FRL) to maintain the status quo with respect to its $3.4 billion (about Rs 24,700 crore) deal with Reliance Retail. The court said it was satisfied that an immediate interim order was required to be passed to protect the rights of Amazon.Read more
Investors richer by Rs 10.5 trn after Budget; Sensex crosses 50K-mark again The benchmark indices notched record closing highs on Tuesday as the buying frenzy triggered by the Budget continued for the second day. The Sensex even pierced the historic 50,000 mark in intra-day trade for the second time after January 21. The index rallied as much as 1,554 points before giving up some gains.
Cabinet clears policy on PSU privatisation ahead of Union Budget The Union Cabinet has paved the way for the much-awaited policy on the privatisation of public sector undertakings (PSUs), and its details are expected to be announced in the Union Budget. The policy, which will lay out a road map for the presence of government-owned entities in strategic and non-strategic sectors, was taken up at the Cabinet meeting held on Wednesday and was approved, said two government officials in the know.
IPOs off to best start in 12 yrs as Budget uncertainty spurs rush of offers The initial public offering (IPO) market has kicked off the New Year on a strongest note in more than a decade. Four maiden offerings have managed to raise a cumulative Rs 7,376 crore most since January 2008, when the now-infamous Rs 11,700 crore of Reliance Power was launched. Read more
Latest News Live Updates: Delhi Reports 96 COVID-19 Cases In 24 Hours, Lowest In Nearly 9 Months Latest News Live Updates: Delhi Reports 96 COVID-19 Cases In 24 Hours, Lowest In Nearly 9 Months Latest News Live Updates: Delhi s overall cases have shot to 6,34,325, of whom 6.2 lakh have fought off the highly infectious disease taking the city s overall recovery rate to 98 per cent.
Latest News Live Updates: On April 30, Delhi had recorded 76 new cases. (File)
New Delhi:
This is the first time that Delhi, which has seen and surmounted three waves of coronavirus infections, logged less than 100 since April last year, when India was still in first phase of the nationwide lockdown to control the pandemic.
72nd Republic Day: There were fewer soldiers in the Army, Navy contingents at today s parade (File)
New Delhi:
India celebrates its 72nd Republic Day today with a shortened programme at Rajpath in Delhi amid the coronavirus pandemic. The programme began at 9 am and concluded after the traditional fly past 11.25 am.
Apart from a reduced list of events, the parade also had a shorter route, no chief guest, fewer spectators, no children under 15 in the annual parade, and fewer soldiers in the Army and Navy contingents.
In a display of India s military might, Rafale fighter jets took part in the Republic Day flypast for the first time as the armed forces showcased its T-90 tanks, the Samvijay electronic warfare system and Sukhoi-30 MKI fighter jets on the Rajpath.
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