India's largest private port operator Adani Ports and Special Economic Zone said on Tuesday it will buy a 95 per cent stake in Odisha's Gopalpur Port for an equity value of Rs 1,349 crore ($161.74 million) to bolster its east coast presence.

Adani Ports will purchase a 56 per cent stake in Gopalpur Port from real-estate conglomerate Shapoorji Pallonji Group (SP Group) and a 39 per cent stake from Orissa Stevedores.

The acquisition of cement assets from Jaiprakash Associates (Jaypee group) by Dalmia Cement remains in limbo, nearly 15 months after the deal was announced.

The closure of the Dalmia-Jaypee deal is being held up by ongoing discussions between lenders to the Jaypee group and the National Asset Reconstruction Company Limited (NARCL), as well as a separate arbitration between Jaiprakash Associates and UltraTech Cement.

The CBI on Saturday conducted searches on the premises of former TMC MP Mahua Moitra in multiple locations, including Kolkata, in connection with the alleged cash-for-query case, officials said. Teams of the central probe agency reached Moitra's residence in Kolkata and other cities early on Saturday, informed about the search proceedings and started the operation, they said.

A day after a Delhi court sent Chief Minister Arvind Kejriwal to the custody of the Directorate of Enforcement, senior AAP leader and minister Atishi alleged that the money trail was found in the BJP’s account and challenged Prime Minister Narendra Modi and ED to ‘arrest’ BJP national president JP Nadda.

Addressing a press conference here, Atishi asserted that, till date, no money trail has been found connected to any AAP leader.

JSW Energy's arm JSW Renewable Energy has signed an agreement with Reliance Power to acquire its 45 MW wind power project in Vashpet, Maharashtra, for Rs 132 crore.

JSW Renewable Energy (Coated) Limited is a wholly-owned subsidiary of JSW Neo Energy Limited and a step-down subsidiary of JSW Energy Limited, which is engaged in the business of renewable power generation, Reliance Power said in a regulatory filing.

The Reserve Bank of India (RBI) conducted three variable rate repo (VRR) auctions on Friday to ease the liquidity tightness in the banking system.

The liquidity deficit in the system widened to Rs 1.38 trillion on Thursday, latest data by the central bank showed.

Consequently, weighted average money market rates rose above the marginal standing facility (MSF) rate.

Shares of Jyoti CNC Automation were locked in the 10 per cent upper circuit on BSE at Rs 693.70 in Friday's trade on a healthy business outlook.

The stock of the industrial products company was trading at its highest level since its market debut on January 16, 2024. With today’s rally, the market price of Jyoti CNC Automation has more-than-doubled or zoomed 110 per cent from its issue price of Rs 331 per share.

Several assailants burst into a large concert hall in Moscow on Friday and sprayed the crowd with gunfire, killing at least 40 people, injuring more than 100 and setting fire to the venue in a brazen attack just days after President Vladimir Putin cemented his grip on power in a highly orchestrated electoral landslide.

The Islamic State group claimed responsibility for the attack in a statement posted on affiliated channels on social media, which couldn't be independently verified.

Bharatiya Janata Party (BJP) on Thursday released third list of candidates for the upcoming Lok Sabha elections, fielding former Telangana governor Tamilisai Soundararajan from Chennai South seat, and the party’s state unit chief and former IPS officer K Annamalai from Coimbatore.

Soundararajan had quit as the Telangana governor earlier this week. She had contested against DMK’s Kanimozhi in Thoothukudi in the 2019 LS polls, but lost. The latest list of BJP has nine contestants for seats in Tamil Nadu.

Amid a downturn in the technology sector, Flipkart is giving 100 per cent bonus to all employees and rolling out merit-linked payouts to eligible staff. The Walmart-owned e-commerce firm is getting up this initiative for most of the workforce of about 22,000.

“On behalf of the Management Team, I am pleased to announce that we have decided to keep the 2023 company multiplier at 100 per cent for all employees (including vice presidents and senior vice presidents).

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