The Supreme Court (SC) has dismissed the bail plea of Aam Aadmi Party (AAP) leader Satyendar Jain, directing him to surrender immediately.

The decision came after a bench comprising Justices Bela M Trivedi and Pankaj Mithal reserved its judgment on January 17, following arguments presented by senior advocate Abhishek Singhvi, representing Jain, and Additional Solicitor General S V Raju, representing the Enforcement Directorate (ED).

Shares of Anup Engineering surged 15 per cent on BSE to Rs 3,115 in Monday’s intra-day trade after the company announced its board will meet on Wednesday, March 20, 2024, to consider a maiden bonus issue. The stock of the industrial products company had hit a 52-week high of Rs 3,168 on February 9.

Since April 2023, so far in the financial year 2023-24, the stock price of Anup Engineering more than doubled or zoomed 110 per cent.

Prime Minister Narendra Modi will hold a roadshow here on Monday, days after Madras High Court green-flagged the event, asking the police to allow it with reasonable conditions.

The PM will take out the roadshow in the city's Mettupalayam Road and is likely to end it at RS Puram later today. This will be his first political engagement in the state after the announcement of the seven-phase schedule of the Lok Sabha polls.

The government's earnings from dividends paid by non-financial central public sector enterprises (CPSEs) and entities in which it holds minority stakes have reached an all-time high of Rs 61,149 crore, according to a report by the Economic Times (ET), based on finance ministry data. This figure represents a remarkable 22 per cent increase over the revised estimate for the financial year 2023-24, with almost two weeks remaining in the current financial year.

The Department of Investment and Public Asset Management (Dipam) has recorded total receipts of Rs 75,886 crore, comprising both disinvestment proceeds and dividend collections.

National Cooperative Export Ltd (NCEL), the government's export agency, has announced plans to purchase 1,650 tonnes of onions from private traders at Rs 29/kg for export to Bangladesh, according to a report by The Economic Times (ET). This move marks the first official export of onions from India in over three months, following the government's ban on exports from December 8 to March 31.

In the first week of March, the Centre permitted the export of 64,400 tonnes of onions to countries that had made formal requests through diplomatic channels.

Adani group plans to invest more than Rs 1.2 trllion (about $14 billion) across its portfolio companies that range from ports to energy, airports, commodities, cement and media in fiscal year starting April 1, as it doubles down on its $100 billion investment guidance over the next 7-10 years to grow businesses, sources said.

The projected capital expenditure or capex for 2024-25 (April 2024 to March 2025) fiscal is 40 per cent higher than what the portfolio is estimated to have incurred in FY24.

The Reserve Bank of India (RBI) on Thursday conducted an overnight variable rate reverse repo (VRRR) auction as banking system liquidity improved owing to government spending.

The weighted average money market rate fell to 6.32 per cent, dealers said.

Banks parked Rs 39,670 crore against a notified amount of Rs 50,000 crore at a weighted average rate of 6.48 per cent.

Steel tycoon Lakshmi Mittal, billionaire Sunil Bharti Mittal’s Airtel, Anil Agarwal’s Vedanta, ITC, Mahindra and Mahindra, and a lesser-known entity called Future Gaming and Hotel Services are on the list of purchasers of electoral bonds, according to the Election Commission (EC) data made public on Thursday evening.

Future Gaming was probed by the Enforcement Directorate recently. It bought electoral bonds worth over Rs 1,368 crore under two different sets of companies.

On a day the ruling Aam Aadmi Party (AAP) named its candidates for 8 of the 13 Lok Sabha seats in Punjab, Shiromani Akali Dal (SAD) president Sukhbir Singh Badal denied speculations of reaching any alliance with the BJP but did not entirely rule out the possibility of a tie-up in future.

The Akalis were partners of the BJP earlier in the ruling National Democratic Alliance (NDA) at the Centre and the two even contested the 2019 Lok Sabha elections in the state together but failed to come up with the goods.

The longer the war in Gaza goes on and Yemen's Houthi rebels keep attacking ships in the Red Sea the greater the risk that Yemen could be propelled back into war, the UN special envoy for the poorest Arab nation warned on Thursday.

Hans Grundberg told the UN Security Council it has been impossible to shield his promising efforts to restore peace to Yemen because the reality is, what happens regionally impacts Yemen and what happens in Yemen can impact the region.

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