The United Kingdom has received the first confirmation from India that it would explore the London Stock Exchange (LSE) for overseas direct listing of Indian companies, British Chancellor of the Exchequer Jeremy Hunt said on Monday.

“We are particularly pleased to have made a big step forward with the first confirmation by India that it will explore the London Stock Exchange as an international destination for the direct listing of Indian companies,” Hunt said while addressing media persons in a joint briefing with his Indian counterpart Nirmala Sitharaman after the 12th India-UK Economic and Financial Dialogue.

Delhi experienced humid conditions with a minimum temperature of 23.5°C, two notches below average. Relative humidity stood at 90 per cent at 8:30 am on Monday morning.

Rain and cool winds in Delhi brought down the temperature by five notches, with a high of 28.3°C on Sunday. At 10 am Delhi's air quality index (AQI) stood at 45. Rain and cool winds on the previous day had lowered the temperature and significantly improved the air quality, registering the best air quality of the year, with an AQI of 45, in the 'good' category.

Shares of Gautam Adani group companies were in focus and rallied up to 10 per cent on the BSE in Monday’s intra-day trade amid heavy volumes.

Adani Power, Adani Ports and Special Economic Zone (SEZ) and New Delhi Television (NDTV) rallied between 7 per cent and 10 per cent. Adani Enterprises, Adani Energy Solutions, Adani Total Gas, Adani Wilmar, Ambuja Cements and ACC were up in the range of 2 per cent to 4 per cent on the BSE. In comparison, the S&P BSE Sensex was up 0.53 per cent at 66,949 at 12:16 PM.

Rishabh Instruments made a lackluster debut on the BSE and on the National Stock Exchange (NSE) on Monday, with the shares of the company getting listed at Rs 460, a 4 per cent premium over its issue price of Rs 441 per share.

Post listing, the stock fell below its issue price to Rs 432.25 on the BSE and to Rs 432.35 on the NSE. At 10:05 AM, Rishabh Instruments was quoting at Rs 462.80, 1 per cent higher over its issue price. A combined 3.9 million equity shares have thud far changed hands on the NSE and BSE.

Telugu Desam Party (TDP) chief N Chandrababu Naidu reached Rajamundry central jail in the early hours of Monday after being remanded to judicial custody in a corruption case.

According to the police, the former CM has been allotted an upper block in Sneha Wing of the jail to reside until further procedure alongside prisoner number 7691.

India will offer Russia options to invest the billions in rupees it has accumulated for exports, Foreign Minister Sergei Lavrov said Sunday in New Delhi.

“Our Indian friends said they would propose promising areas they can be invested in,” Lavrov told reporters, citing talks with Indian counterpart Subrahmanyam Jaishankar in Jakarta, Indonesia, on the sidelines of the East Asia summit prior to his arrival to India.

Vodafone Idea (VI) has paid half of the license and spectrum usage charge (SUC) dues for the March quarter, The Economic Times (ET) has reported. Moreover, VI has assured the Department of Telecommunications (DoT) that 90 per cent of the dues for the June quarter will be cleared in a phased manner along with the interest.

Government officials have said that if the telco honours its payment commitments, the DoT will not invoke the bank guarantees. However, in case of failure, the guarantees will be encashed, the DoT officials told ET. The DoT has not met any potential investor in the company so far, the officials added.

Adani Enterprises on Friday announced a 50:50 joint venture with Kowa Holdings Asia for the sales and marketing of green ammonia, green hydrogen and its derivatives produced and supplied by the Adani Group.

The joint venture agreement was signed between Adani Global Pte Ltd, Singapore, which is Adani Enterprises' step-down wholly-owned subsidiary, and Japan's Kowa Holdings. The company did not divulge any further details related to the joint venture, including the agreed territory for the stated sales and marketing.

All 13 people arrested in the ragging-death of a 17-year-old undergraduate student of Jadavpur University were booked under Pocso Act, police said.

The accused were booked under the Protection of Children from Sexual Offences Act, 2012 (Pocso Act) as the boy was allegedly paraded naked on the second floor of the main hostel before he jumped off the balcony on August 9, they said.

Prime Minister Narendra Modi on Saturday expressed grief at the loss of lives in an earthquake in Morocco and said India is ready to offer all possible assistance to it in this difficult time.

A powerful earthquake that struck Morocco late Friday killed at least 296 people, the country's Interior Ministry said.

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