As the power tussle continues between BJP and Shiv Sena over government formation in Maharashtra, the latter's leader Sanjay Raut has said that soon they will end their wait and watch mode.

Speaking to media, Sanjay Raut on Saturday said, "If there is a delay in the formation of government in a state, and a minister from the ruling party says President's rule will be implemented in Maharashtra if the government isn't formed, is this a threat to the MLAs who have been elected?"

India wants a “win-win outcome” from negotiations for a China-backed regional trade pact, said Prime Minister Narendra Modi on Saturday as he called for "balance across goods, services and investments".

“We have put forward reasonable proposals in a clear manner and are engaged in negotiations with sincerity,” he said in an interview with the Bangkok Post, about the Regional Comprehensive Economic Partnership (RCEP).

West Bengal government is mulling options to bring back 131 workers who are working in Kashmir after six labourers were killed by terrorists in Kulgam attack on Tuesday.

Chief Minister Mamata Banerjee on Friday said a total of 131 workers who are in Kashmir are being brought back to West Bengal with the help of state government. They are from Murshidabad, Dinajpur and Malda.

WhatsApp has said it in May told the government about the messaging service being illegally used to spy on Indian citizens, clarifying its stand after it was asked to explain the security breach.

WhatsApp sued Israeli surveillance firm NSO Group on Tuesday, accusing it of helping government spies break into the phones of roughly 1,400 users across four continents including diplomats, political dissidents, journalists and government officials.

Delhi Chief Minister Arvind Kejriwal on Friday demanded that Punjab, Haryana and the central government fix timelines for stopping stubble burning, saying air quality in the national capital was worsened by pollutants from the neighbouring states. Sharing details of the odd-even road rationing scheme, which was notified on Friday, Kejriwal slammed the opposition BJP for seeking credit for achievements of his government but keeping “mum” on crop residue burning in the neighbouring states.

Opposition parties should stop blaming and mocking the people of Delhi who have supported harshest of steps to reduce pollution, he said.

Saudi Crown Prince Mohammed bin Salman finally gave the go-ahead for the initial public offering of Aramco, deciding there’s enough support from local investors for what’s likely to be a record share sale.

The crown prince made the decision at a meeting he chaired on Friday and an official announcement is likely as soon as Sunday, according to people familiar with the matter, who asked not to be named before an official statement.

The Income-Tax Department has cancelled the registration of six trusts operating under Tata Trusts, a move that could result in tax liability of about Rs 12,000 crore for the organisation. The cancellation order was on account of activities (performed by trusts) that are not commensurate with Articles of Association, according to an official.

The concerned entities are the Jamsetji Tata Trust, RD Tata Trust, Tata Education Trust, Tata Social Welfare Trust, Sarvajanik Seva Trust, and Navajbai Ratan Tata Trust. While these are not the main shareholding trusts, they hold 39,000 shares in Tata Sons, the parent company of the group, a person in the know said. Sir Dorabji Tata Trusts and Sir Ratan Tata Trust are the main entities of Tata Trusts.

Amid an uproar over allegations of an Israeli software being used to spy over activists and journalists, WhatsApp on Friday said it has taken a "strong action" in the incident and supports the Indian government's stand on the need to safeguard the privacy of all citizens.

On Thursday, the Facebook-owned company had said Indian journalists and human rights activists were among those globally spied upon by unnamed entities using an Israeli spyware Pegasus, leading to a furore over breach of citizens' privacy.

Shares of IndusInd Bank moved higher by 5.1 per cent to Rs 1,378.55 on the BSE on Friday after the bank announced selection of a potential successor to Ramesh Sobti, the current Managing Director and Chief Executive Officer (MD & CEO). It, however, did not name the successor. Sobti's tenure will end in March 2020, when he turns 70.

“Pursuant to the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the bank, at its meeting held on Thursday, October 30, 2019, has finalised a potential candidate for the position of MD & CEO,". the bank said in a regulatory filing.

Indian Oil Corporation (IOC) shares slipped as much as 4.42 per cent to Rs 140.30 apiece on the BSE on Friday after the company reported 83 per cent year-on-year (YoY) decline in profit before tax (PBT) at Rs 814.48 crore for the quarter ending September, owing to higher inventory losses and a decline in refinery margin. It had recorded Rs 4,805.74 crore PBT during the same period last year.

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