Shares of telecom services provider Vodafone Idea and Reliance Communications (RCom) have hit their respective new lows on the BSE in an otherwise strong market. At 11:03 am, the S&P BSE Sensex was up 0.44 per cent or 171 points at 39,228.

Vodafone Idea hit a new low of Rs 16.40, down 3 per cent, on the BSE on Wednesday, falling 10 per cent in past three trading days, after the stock turned ex-date for rights issue on March 29.

Shares of real estate companies were trading higher for the second straight day on Wednesday with Godrej Properties hitting an all-time high, while DLF was quoting near its 52-week high on the National Stock Exchange (NSE).

At 10:43 am, the Nifty Realty index was the largest gainer among sectoral indices and was up 1.8 per cent, extending its previous day's 2 per cent gain on the NSE. In the past month, the realty index has surged 21 per cent against 8 per cent rise in the benchmark Nifty 50 index.

ZoomCar could get a $500 million push from a fresh round of funding (Series E) led by Mahindra, reported Mint. ZoomCar is a self-drive-focused car rental company allowing individuals to rent vehicles by the hour, day, and week.

The company has raised $103.8 million as yet, according to CrunchBase. Last year, M&M had pumped in up to Rs 176 crore in Zoomcar India and Zoomcar Inc, its US incorporated holding parent company.

The US has approved the sale of 24 multi-role MH-60 'Romeo' Seahawk helicopters to India at an estimated cost of USD 2.4 billion, the State Department has said.

India has been in need of these formidable anti-submarine hunter helicopters for more than a decade now.

Jet Airways shares fell as much as 4 percent in early trade on Wednesday after it said the previous day it has grounded 15 more planes due to non-payment of dues to its lessors.

The latest groundings mean more than two-thirds of its total fleet of about 120 planes is not flying.

The rupee opened flat at 68.72, up just 2 paise against the US dollar on Wednesday. On Tuesday, the currency recovered from the day's low to finally settle at 68.74 with gains of 40 paise amid sustained foreign fund inflows and heavy buying in domestic equities.

Consistent inflows suggest that FIIs remain bullish on the Indian growth story. The momentum of flows in the recent past has been positive also as market participants are expecting that the RBI could consider cutting rates tomorrow, says Gaurang Somaiya, Research Analyst (Currency) at Motilal Oswal Financial Services.

Whatsapp on Tuesday launched a 'tipline’ in India using which citizens can submit possible rumours and misinformation for verification, ahead of the 2019 Lok Sabha elections.

Starting today, people in India can submit uncertain information or rumours they have received to the Checkpoint Tipline on WhatsApp +91-9643-000-888, the Facebook-owned firm said in a statement.

Congress Lok Sabha Election Manifesto: Wealth and welfare are the two key promises made by the Congress in its manifesto released on Tuesday by party president Rahul Gandhi. The party has promised Rs 6,000 per month basic income to 5 crore poor families under Nyay scheme and the scaling up of the NREGA to provide 150 days of guaranteed work in a year.

The Congress on Tuesday released its manifesto for the Lok Sabha polls, making a slew of promises, including giving Rs 72,000 each to five crore poor families under the 'Nyay' scheme, filling up 2.2 million government vacancies, bringing a separate budget for farmers and fixing a single moderate GST rate.

The 55-page document titled 'Hum Nibhayenge' (We will deliver) focused on addressing the issues of joblessness, farm distress, safety of women and boosting the rural economy, with stress on building a narrative on "real issues" faced by people.

The Supreme Court denied urgent hearing to a plea by Congress leader Hardik Patel to suspend his conviction in a 2015 rioting case.

A Bench led by Chief Justice Ranjan Gogoi on Tuesday denied him an out-of-turn hearing, raising questions on whether he would be able to contest the Lok Sabha polls of 2019 from the Jamnagar constituency in Gujarat.

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