India News
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Shares of Eraaya Lifespaces were locked in their upper circuit for the 14th straight trading day, up 5 per cent at Rs 1,620.20, on the BSE on Monday. In the past three weeks, the BSE listed stock has zoomed 102 per cent from a level of Rs 801.05 seen on August 26. Currently, Eraaya Lifespaces is trading under 'XT' group on the BSE. The stock is not listed on the National Stock Exchange (NSE).
The 'XT' group on the BSE is a sub-segment for securities in the Trade-for-Trade (T) group. The 'T' group is a surveillance measure that requires securities to be settled on a trade-to-trade basis. The 'XT' sub-segment is reviewed every six months.
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The Securities and Exchange Board of India (Sebi) on Monday retracted its earlier statement blaming "external elements" for recent employee protests against its “work culture” and calls for the resignation of the regulatory body’s chief, Madhabi Puri Buch.
“Sebi addresses employee-related matters through appropriate internal mechanisms. Following constructive discussions with representatives of all grades of officers, Sebi and its employees have reaffirmed that such issues are strictly internal and will be managed in accordance with the organisation’s high standards of governance and within a time-bound framework,” the regulatory body said in a press release.
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The AAP has scheduled a series of meetings, including that of its political affairs committee, on Monday evening to decide on a new chief minister for Delhi, a day after Arvind Kejriwal's surprise announcement of quitting the post.
Senior AAP leader and former deputy chief minister Manish Sisodia reached Kejriwal's official residence to discuss with him the names of probables for the chief minister's post, AAP leaders said.
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Industrialist Gautam Adani-led Adani Group on Monday said it has not issued any press releases linked to its operations in Kenya, rejecting the “fraudulent” press releases that have been circulating. The company blamed “vested interests with malicious intent” for the incident, noting that a viral press release titled ‘Adani Group denounces baseless accusations and threats’ is fake.
“We categorically state that neither the Adani Group nor any of its companies or subsidiaries have issued any press releases related to Kenya,” the group said, urging the public to disregard such press releases.
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The Andhra Pradesh government on Sunday issued separate orders suspending three senior IPS officers, including a DG rank, for their alleged involvement in "hastily arresting" and "harassing" a Mumbai-based actor-cum-model without proper investigation in a case filed against her.
Former intelligence chief P Sitharama Anjaneyulu (DG rank), former Vijayawada Police Commissioner Kranti Rana Tata (IG rank) and Vishal Gunni (SP rank).
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A 24-year-old student has died from the Nipah virus in the southern Indian state of Kerala, a local medical official said on Monday, and 151 people who came into contact with the victim are under observation to prevent the spread of the deadly virus.
This is the second death caused by Nipah in Kerala since July. Nipah is classified as a priority pathogen by the World Health Organization (WHO) because of its potential to trigger an epidemic. There is no vaccine to prevent infection and no treatment to cure it.
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In a major move, Delhi Chief Minister and AAP national convenor Arvind Kejriwal said on Sunday that he will resign from the position of Chief Minister after two days and won't sit on the chair of CM, until the public of Delhi declares him "honest."
Kejriwal further said that if the public votes for him, it will give him a certificate for his honesty. He also said he would ask for early polls along with the state of Maharashtra.
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West Bengal Chief Minister Mamata Banerjee on Saturday made a surprise visit to the site where the junior doctors were protesting, and assured them that she would look into their demands and take action if anyone was found guilty.
Addressing the protesting doctors amid chants of 'we want justice' outside the Swasthya Bhawan in Salt Lake, Banerjee said she was spending sleepless nights as the medics were agitating on the road amid rains.
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The main dome of the Taj Mahal here witnessed water leakage due to incessant rain for the past three days which inundated a garden on the premises.
The purported video of the submerged garden on the Taj Mahal premises went viral on Thursday and caught the tourists' attention.
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South Korea’s LG Electronics Inc. has picked banks for a potential initial public offering of its Indian business that could raise as much as $1.5 billion, according to people familiar with the matter.
LG has tapped banks including Bank of America Corp., Citigroup Inc., JPMorgan Chase & Co. and Morgan Stanley as arrangers for an IPO that may take place as early as next year, the people said.
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