Shiv Sena (UBT) leader Sanjay Raut on Saturday said the seat-sharing talks between his party and the Sharad Pawar-led NCP (SP) have concluded as these two parties are driven by a desire and mindset to resolve issues.

His remark is apparently targeted at the third Maha Vikas Aghadi (MVA) partner Congress again, a day after he expressed disappointment over the delay in the seat-sharing talks in the alliance and accused the Maharashtra Congress leaders of being incapable of making decisions.

Sajjan Jindal-led JSW Steel said on Friday that it would acquire 100 per cent stake in thyssenkrupp Electrical Steel India Private Limited (tkES India) jointly with Japan’s JFE Steel Corporation for Rs 4,051 crore.

In an exchange filing, the Indian steelmaker said the board approved the acquisition of 100 per cent equity interest in tkES India jointly with JFE Steel Corporation.

Air India on Friday said Vistara routes and schedule as well as the in-flight experience will continue and the flights operated with Vistara planes will have the code 'AI2' post-merger.

The merger of the two full service carriers is scheduled to be completed on November 12, following which Singapore Airlines will have a 25.1 per cent stake in Air India.

India is stepping up its crackdown on lenders with errant practices as regulators move to curtail risks in the shadow banking sector.

The Reserve Bank of India ordered four shadow banks to stop sanctioning new loans because of high interest rate charges to customers. The entities include DMI Finance, backed by Japanese lender Mitsubishi UFJ Financial Group Inc., and Navi Finserv Ltd., backed by Sachin Bansal, co-founder of Walmart-owned e-commerce company Flipkart Private Ltd.

The air pollution situation in Delhi-NCR continued to deteriorate on Friday with the Air Quality Index (AQI) reaching 293, putting it in the 'poor' category. On Thursday, the pollution level in Delhi and Noida was recorded in the 'poor' category for the fourth consecutive day. The overall Air Quality Index (AQI) in Delhi was recorded at 207 at 6:34 am, 213 in Noida and 246 in Ghaziabad. Apart from this, AQI 192 was recorded in Sonipat and AQI 182 in Faridabad, which is considered to be in the moderate category of pollution.

Reliance Jio had recently increased the prices of recharge plans. Its impact is now also evident in the company's user base. As a result, over 10.9 million customers have left Jio in the second quarter. The main reason behind this is that the price of recharge plans was increased. The decline does not appear to be a major concern for the company.

Jio's Average Revenue Per User (ARPU) rose from Rs 181.7 to Rs 195.1, while its 5G subscribers jumped from 130 million to 147 million.

Israel Prime Minister Benjamin Netanyahu on Thursday confirmed that Hamas chief and one of the masterminds behind the horrific October 7 attacks last year, Yahya Sinwar, is dead, the Times of Israel reported.

The Prime Minister also instructed his aides to inform the families of Israeli hostages about the death of the Hamas chief.

Infosys, India’s second-largest software exporter by revenue, raised its revenue guidance for the financial year 2024-25 (FY25) to 3.75-4.5 per cent, up from the 3-4 per cent guided in Q1 FY25.

With Infosys revising its revenue guidance upwards, it signals better spending from clients. This is the second upward guidance from the company in this financial year. Compared to the other two large-cap players—Tata Consultancy Services (TCS) and HCLTech—Infosys appears to have a better performance metric.

India’s cricket team was bowled out for 46 in the first innings of the first Test match against New Zealand at M Chinnaswamy Stadium, Bengaluru. This was India’s worst ever score on home soil in Test cricket and the third lowest of all time.

Choosing to bat first after winning the toss, Indian captain Rohit Sharma and his team crumbled under pressure. The hosts were bundled out for 34 runs for six wickets before lunch, as only Pant could score 20 runs and Jaiswal 13 runs.

Congress leader Priyanka Gandhi Vadra on Thursday slammed the NDA government over fatalities in Bihar's Siwan and Saran districts due to consumption of spurious liquor, saying liquor ban is in force in the state but illegal trade of spurious liquor is rampant.

At least six people died and 14 others were hospitalised after allegedly consuming spurious liquor in dry Bihar's Siwan and Saran districts, officials said on Wednesday.

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