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China Earthquake: Death toll rises to 111, President Xi Jinping calls for 'all-out' operation

China Earthquake: Death toll rises to 111, President Xi Jinping calls for 'all-out' operation

At least 111 people have been killed in China's Gansu and neighbouring Qinghai provinces after the strong 6.2-magnitude earthquake, state media Xinhua reported, citing local earthquake relief headquarters.

This comes after a 6.2-magnitude earthquake jolted an ethnic county in northwest China's Gansu Province at midnight Monday.

LOP Ranjan, 29 Oppn MPs suspended from LS on protests over security breach

LOP Ranjan, 29 Oppn MPs suspended from LS on protests over security breach

Lok Sabha Speaker Om Birla on Monday suspended 30 members of Parliament (MP)s of the Opposition for the remainder of the Winter Session. The action was taken as the MPs protested inside the House, demanding a statement from Union Home Minister Amit Shah on the Lok Sabha security breach. The suspended members include the Leader of the Opposition in Parliament Adhir Ranjan Chowdhury, Gaurav Gogoi, deputy leader of the party in the House. Trinamool MPs Kalyan Banerjee, Kakoli Ghosh Dastidar, Saugata Ray and Satabdi Roy, and DMK members A Raja and Dayanidhi Maran are also on the list of suspended MPs.

Siemens hits new summit, soars nearly 9% on plans to spin-off energy biz

Siemens hits new summit, soars nearly 9% on plans to spin-off energy biz

Shares of Siemens soared nearly 9 per cent to a new life-time high at 4,244.55 in Monday's intra-day deals on the BSE after the company announced its plan to consider demerger of its energy business into a separate entity.

At 1:45 PM, Siemens traded with a gain of 7.7 per cent at Rs 4,205. Around 29,000 shares had exchanged hands at the counter, as against the two-week average volume of around 13,000 shares on the BSE.

HFCL hits 52-week high, zooms over 10% on heavy volumes

HFCL hits 52-week high, zooms over 10% on heavy volumes

Shares of HFCL zoomed over 10 per cent to high a fresh 52-week high of Rs 82.05 on the BSE in intra-day deals on Monday. In the process, the stock has zoomed over 21 per cent in the last two trading sessions after unveiling new products for the defence market.

At 11:35 AM, the stock quoted at Rs 80.60 up 8.8 per cent backed by heavy volume of around 36.59 lakh shares as against the two-week average volume of around 11.05 lakh shares on the BSE. Meanwhile, the S&P BSE Sensex was up marginally at 71,510.

Telecom Bill drops OTT reference, to be introduced in Parliament today

Telecom Bill drops OTT reference, to be introduced in Parliament today

A new draft of the telecom Bill – expected to be introduced before Parliament on Monday – doesn’t mention over the top (OTT) services in its definition of telecom services and clears the way for satellite spectrum to be allocated by the government.

Reviewed by 'Business Standard', the draft defines telecommunications services as "any service for telecommunications".

GMR receives Rs 3,215-crore term loan for Vizag International Airport

GMR receives Rs 3,215-crore term loan for Vizag International Airport

A consortium of five lenders sanctioned a term loan of Rs 3,215 crore to the GMR Visakhapatnam International Airport, with the aim of helping GMR Group build its fourth airport in India.

The GMR Airports currently operates New Delhi's Indira Gandhi International Airport, the Rajiv Gandhi International Airport in Hyderabad, and the Manohar International Airport in Goa, and an airport each in the Philippines and Indonesia.

Mumbai police book JSW Group boss on alleged charges of rape, assault

Mumbai police book JSW Group boss on alleged charges of rape, assault

The Mumbai Police has filed a First Information Report against Sajjan Jindal, Chairman of JSW Group, after a 30-year-old woman complained of rape and sexual assault against him. The assault allegedly took place at JSW Group's head office at Bandra Kurla Complex on January 24 last year.

The FIR was filed on December 13 after an order by a Mumbai court.

India's trade deficit fell to $20.58 billion in Nov as imports shrank 4.3%

India's trade deficit fell to $20.58 billion in Nov as imports shrank 4.3%

India's merchandise trade deficit fell to $20.58 billion in November, according to government data released on Friday. It was primarily driven by a fall in imports, by 4.3 per cent, to $54.48 billion as compared to $56.95 billion in the same month last year.

The exports, however, fell less sharply by 2.8 per cent to $33.90 billion from $34.89 billion a year ago. Trade deficit is the difference between imports and exports of a country during a time period.

PM Modi, Prez Murmu pay tribute to soldiers of 1971 war on Vijay Diwas

PM Modi, Prez Murmu pay tribute to soldiers of 1971 war on Vijay Diwas

In a stirring tribute on Vijay Diwas, Prime Minister Narendra Modi saluted the brave heroes of the 1971 war, whose sacrifices led to a decisive victory for India. Their unwavering spirit and dedication, he said, are etched in the nation's history and the hearts of its people.

Today, on Vijay Diwas, we pay heartfelt tributes to all the brave heroes who dutifully served India in 1971, ensuring a decisive victory. Their valour and dedication remain a source of immense pride for the nation.

PharmEasy bags Rs 1.3K cr from Pai; Rs 3.5K cr rights issue oversubscribed

PharmEasy bags Rs 1.3K cr from Pai; Rs 3.5K cr rights issue oversubscribed

Ranjan Pai, chairman of Manipal Education and Medical Group, has pledged an investment of Rs 1,300 crore in the PharmEasy rights issue. This commitment was made through his family office, according to sources familiar with the matter.

This investment by Pai is part of a larger Rs 3,500 crore fundraising effort by the e-pharmacy company through the rights issue. The issue was oversubscribed at Rs 3,950 crore, but the company is only raising Rs 3,500 crore.

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