Shares of Transrail Lighting rallied a whopping 12 per cent in intraday deals on Tuesday after the company announced an increase in the conductor manufacturing facility by 70 per cent.

Transrail Lighting shares hit the day's peak of ₹465 on the National Stock Exchange (NSE) as against the last closing price of ₹414.20, resulting in a sharp 12.26 per cent increase.

NCP (SP) president Sharad Pawar on Tuesday called for preserving the social commitment and institutional role of the Tata Group, citing its deep-rooted Maharashtra connection, and said its charitable ownership must be protected.

The current leadership issue should be resolved through due process, dialogue and adherence to the Articles of Association, the former Union minister said in a post on X.

Shares of HDFC Bank edged higher for a third straight session on Tuesday as India's biggest private lender gained 1.3 per cent in intraday deals. Meanwhile, the stock has risen in seven out of the eight trading sessions, adding 9 per cent during this period and ₹93,521 crore to market capitalisation (m-cap).

On NSE, HDFC Bank shares rose to as much as ₹749.30, and its market capitalisation was at ₹11.52 trillion, close to the day's high, compared with ₹10.59 trillion as of the September 9 close.

Jamie Dimon praised Tata Sons Pvt. Chairman Natarajan Chandrasekaran and cautioned that the governance conflict roiling one of India’s oldest conglomerates risks denting foreign investor confidence, according to an interview with the Economic Times.

“I think the world of Chandra,” Dimon, the chief executive officer of JPMorgan Chase & Co., told the newspaper, using the name by which the Tata Sons chairman is commonly known.

Digital payments platform PhonePe said on Tuesday it received in-principle approval from ​the UAE central bank for two licenses ​covering retail payment services, card schemes, and ‌stored value facilities.

The Walmart-backed fintech firm said the approval follows initial regulatory due diligence and that it still needs final central bank sign-off before it can begin commercial operations in the Gulf state.

The United States has issued a fresh travel warning for Iran, urging American citizens not to travel to the country "for any reason" and asking those already there to leave immediately amid rising tensions and the possibility of further escalation across West Asia.

The US Virtual Embassy in Iran, in a security alert, said the regional security environment remained complex and warned of potential flight cancellations, airspace closures and other travel disruptions.

India and Vietnam have agreed to increase the number of flights, more than doubling the bilateral air capacity limit to over 16,000 seats a week from around 8,000 currently, according to a report in The Economic Times.

The increase, effective immediately, comes as airlines in both countries have used up, or are close to exhausting, their existing flying rights amid growing travel demand.

Former deputy prime minister LK Advani, External Affairs Minister S Jaishankar, former vice-president Jagdeep Dhankhar and Election Commissioner S S Sandhu are among the many prominent figures in the list of voters who have been issued notices for "discrepancies" in their details furnished under the SIR exercise, officials said on Sunday.

After the publication of draft rolls of over 9.7 million voters under the SIR, 3.313 million notices were being issued over "discrepancies" in details furnished by people in their enumeration forms.

Biocon Biologics’ Pertuzumab biosimilar has become the first monoclonal antibody biosimilar to receive a positive opinion from the European Medicines Agency’s (EMA’s) Committee for Medicinal Products for Human Use (CHMP) under the regulator’s new tailored clinical development approach.

The CHMP has recommended granting marketing authorisation for the drug, branded as Pebrilzo.

The Supreme Court (SC) has reiterated that circulars issued by the Central Board of Direct Taxes (CBDT) are not binding on courts, while dismissing appeals by taxpayers seeking a deduction under Section 80HHC of the Income Tax Act, 1961, on premiums earned from the sale of export quotas, reported Live Law.

According to the report, a bench of Justices SVN Bhatti and NV Anjaria held that the premium received from the sale of export quotas could not be treated as income generated from exports because the transaction did not involve receipt of foreign exchange.

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.