The World Cup tie between Sri Lanka and Bangladesh at the Arun Jaitley Stadium on Monday is shrouded in a veil of uncertainty as Delhi’s air pollution looms.

For the past four days, the national capital has been enveloped under a thick layer of toxic haze, as pollution levels breached the “severe plus category”.

Air India will introduce over 400 new weekly flights during the upcoming winter season, with approximately 50 per cent of the flights serving international destinations, the airline’s chief executive office and managing director Campbell Wilson said on Friday.

The airline runs approximately 2,900 weekly flights, with roughly 32 per cent dedicated to international routes, according to aviation analytics firm Cirium's data. In the aviation industry, the winter season commences on the last Sunday of October and concludes on the last Saturday of March.

Amid buzz that the Centre was considering an income support scheme for landless tenant farmers and agriculture labourers, the Bharatiya Janata Party (BJP) has promised Rs 10,000 annually for Chhattisgarh’s landless agricultural labourers, a key commitment of its 47-page manifesto that Union Home Minister Amit Shah unveiled in Raipur on Friday.

The BJP’s manifesto, titled “Modi’s guarantees for Chhattisgarh”, matched the ruling Congress’ “17 guarantees” for the state sop for sop.

Raymond Group on Friday announced the acquisition of 59.25 per cent stake in Maini Precision Products (MMP) for Rs 682 crore. The company will fund the deal through a mix of debt and internal accruals.

“This acquisition is a strategic move to further strengthen Raymond’s existing engineering business with a complementing business that has presence in sectors like aerospace, electric vehicles (EV) and defense,” the company said in its release.

Apple has set the tone for Diwali with its announcement of record India revenues during the September-ending quarter. In an earnings call with analysts early morning (India time) on Friday, Apple chief executive officer Tim Cook said revenue from the company’s India business grew in double digits year-on-year (Y-o-Y) to set an all-time record in the fourth quarter of FY23.

Cupertino-based Apple, which typically starts its financial year on the last Sunday of September, has attributed the record India revenues to robust iPhone sales.

Eight stocks including Indian Railway Finance Corporation (IRFC), Polycab India, Macrotech Developers (Lodha) are seen migrating from midcap to largecap universe. Meanwhile, 13 stocks will graduate from smallcap universe to midcap universe during the semi-annual rebalancing due next month.

“Based on the average market cap from July 1 to October 31, there are a lot of stocks expected to migrate between market cap segments. However, with around one-third of the review period yet to go, there will be changes to the list as stock prices move around,”.

The consolidated net profit of Zomato in the quarter that ended on September 30 stood at Rs 36 crore. However, in Q2FY23, the consolidated net loss stood at Rs 251 crore. As compared to Rs 2 crore in the previous quarter, the net profit was up 1,700 per cent.

The company's revenue from operations was up 71.46 per cent to Rs 2,848 crore during the quarter under review against Rs 1,661 crore last year.

Shares of Suzlon Energy hit nine-year high of Rs 34.44, up 5 per cent on the BSE in Friday's intraday trade, after the company reported 82 per cent year-on-year (Y-o-Y) rise in its consolidated profit after tax (PAT) at Rs 102 crore for the September quarter (Q2FY24) mainly due to decline in expenses. The company had posted PAT of Rs 56 crore in the year ago quarter. Shares of Suzlon Energy were quoting at their highest level since June 2014. It surpassed its previous high of Rs 34.10, touched on October 23.

Shiv Nadar, founder-chairman of HCL Technologies, has emerged as India’s most generous businessman, donating Rs 2,042 crore in the last financial year. That’s an average of Rs 5.6 crore per day and 76 per cent more than the amount he donated in FY22, when he gave away upwards of Rs 3 crore per day on average.

Overall, 119 Indian business tycoons donated Rs 5 crore or more in FY23, together contributing Rs 8,445 crore for philanthropic activities.

The air quality in several parts of Delhi reeled under the 'severe' category on Friday morning with Mundka recording the highest Air Quality Index (498), as per Central Pollution Control Board (CPCB). As the quality of air deteriorated, a thick haze blanketed the skyline of the national capital.

According to the CPCB, the AQI in the Lodhi Road area was recorded at 438, in Jahangirpuri at 491, in the RK Puram area and in IGI Airport (T3) at 486 and 473 respectively.

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