Amid, PM Narendra Modi's claim ‘Ab ki baar, NDA sarkar, 400 paar…’, a survey shows though the alliance will witness a landslide win in the upcoming Lok Sabha elections 2024, it is likely to full short of 400 target by a few seats.

As per the TN-ETG Research survey, the NDA is likely to win 358-398 seats, while I.N.D.I.A might gain about 110 to 130.

Auctions for eight high-frequency spectrum bands will begin on May 20, the Department of Telecommunications (DoT) announced on Monday, inviting bid applications from telecom operators.

The last date for submission of bids is April 22. Applications for entering the auctions come with a non-refundable processing fee of Rs 1 lakh. The bids made would be valid up to September 30.

A spokesman for China's foreign ministry told the media on Friday that Beijing views India's decision to increase troop levels along its disputed border as "not conducive to easing tensions" between Beijing and New Delhi.

10,000 soldiers who had previously been stationed at the western border have reportedly been sent to reinforce the Indian Army's disputed border with China, according to a Bloomberg report. Senior Indian Army officials confirmed this information on the condition of anonymity.

Union Home Minister Amit Shah held a late-night meeting on Friday with Maharashtra Chief Minister Eknath Shinde and Deputy Chief Minister Ajit Pawar to discuss seat-sharing for the upcoming Lok Sabha elections.

The meeting took place at Shah's residence here in the national capital. At around 12:45 am, Maharashtra CM Shinde and Deputy CM Ajit Pawar were seen leaving from Shah's residence after the meeting.

Life insurers reported 48 per cent year-on-year (Y-o-Y) growth in new business premium (NBP) in February on the back of the strong increase shown by Life Insurance Corporation of India (LIC), coupled with robust performance by private insurers.

According to the data released by Life Insurance Council, the NBP of life insurance companies came in at Rs 33,913.18 crore, 48.43 per cent higher than the Rs 22,847.65 crore in the year-ago period.

Prime Minister Narendra Modi will inaugurate and lay the foundation of projects worth around Rs 18,000 crore during his two-day tour of Assam, Chief Minister Himanta Biswa Sarma said on Thursday.

Addressing a press meet here, Sarma said that Modi will, for the first time, visit UNESCO heritage site Kaziranga National Park and undertake a safari.

Indian telecom giants Reliance Jio, Bharti Airtel, and Vodafone Idea (Vi) are strategically encouraging customers to switch to tier-based post-paid tariff plans. This move aims to increase average revenue per user (ARPU) by catering to mobile users with higher data usage, according to a report by the Economic Times (ET).

Recognising the potential for revenue growth in the absence of headline tariff hikes, all three companies are reportedly leveraging post-paid family plans.

Shares of IIFL Finance rose 10 per cent on BSE to Rs 421 in Thursday’s intra-day trade, recovering from a 36 per cent slump seen in past two days. The gains came a day after Fairfax India Holdings Corp (Fairfax India) committed to give up to $200 million liquidity support to the NBFC.

Fairfax India is a Canada-based investment holding company, which holds 15.12 per cent stake in IIFL Finance through its Mauritius-based wholly owned subsidiary, FIH Mauritius Investments (FIH Mauritius).

India’s automobile retail sales jumped 13 per cent in February to 2.03 million units, compared to 1.79 million units in February 2023, on the back of enhanced vehicle availability, improved demand due to economic conditions, and the impact of marriage season, according to Federation of Automobile Dealers Associations (FADA) data. However, the sector expects the upcoming Lok Sabha elections to play spoilsport in terms of sales due to potential deferred purchases across segments.

Shares of Mahindra & Mahindra (M&M) slipped 4 per cent to Rs 1,884.3 on the NSE in Thursday’s intra-day trade after over 10 million equity shares changed hands on the counter via bulk deals.

Till 09:25 am; around 12.9 million equity shares, representing 1.06 per cent of total equity of M&M, changed hands on the NSE, exchange data showed.

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