Japanese investment giant Softbank has offloaded 3.8 per cent of its stake in fully-integrated logistics service provider Delhivery for Rs 954 crore.

The Japanese fund, going through a bad patch, had invested around $380 million (about Rs 3,100 crore) in Delhivery.

Describing Arvind Kejriwal as the kingpin of the Delhi liquor policy 'scam', the BJP asked on Wednesday as to when will the Chief Minister resign, after two of his ministers -- Manish Sisodia and Satyendar Jain -- stepped down on Tuesday.

The BJP also termed Manish Sisodia's resignation letter submitted on Tuesday not having any date as playing with the Constitution.

Counting of votes, polled in the February Assembly elections in Tripura, Meghalaya and Nagaland, began on Thursday morning under three-tier security measures, including central paramilitary forces, officials said.

Poll officials said that prohibitory orders have been promulgated in and around all counting centres as a precautionary measure.

The Supreme Court (SC) will on Thursday pronounce its order on setting up a panel of domain experts to strengthen existing regulatory measures for the stock markets after the Adani-Hindenburg saga. The apex court had reserved its order on February 17.

The bench delivering the verdict will have Chief Justice of India (CJI) DY Chandrachud and Justices PS Narasimha and JB Pardiwala.

Delhi Revenue Minister Kailash Gahlot has been given the additional charge of finance and power while Social Welfare Minister Raaj Kumar Anand will be handling education and health departments till new ministers are appointed in the Cabinet, officials said on Tuesday.

The announcement was made on Tuesday hours after Delhi ministers Manish Sisodia and Satyendra Jain, arrested on corruption charges, resigned from the Arvind Kejriwal-led cabinet.

Shares of Adani Enterprises soared 12 per cent to Rs 1,532.85 on the BSE in Wednesday’s intra-day trade, extending its previous day’s gain, on receipt of Letter of intent (LoI) in respect of Kutrumali bauxite block in Odisha. In past two days, the stock of Adani group flagship firm has rallied 28 per cent. While, from Tuesday’s low, the stock has galloped over 39 per cent.

Adani Enterprises on Tuesday said its arm Mundra Aluminium (MAL) has been declared as the preferred bidder for the Kutrumali bauxite block by the Odisha government.

India’s third-largest private sector lender, Axis Bank, has completed the acquisition of Citibank India’s consumer business and the consumer business of its non-banking finance arm, Citicorp Finance (India) Ltd, for Rs 11,603 crore instead of Rs 12,325 crore estimated earlier.

In a notification to the exchanges, Axis Bank said “…the businesses of Citibank NA and Citicorp Finance Ltd stands transferred to Axis Bank.

India logged 240 new coronavirus infections, while the active cases climbed to 2,335, according to the Union Health Ministry data updated on Wednesday.

The death toll stands at 5,30,772 with one fatality reported by Rajasthan, the data updated at 8 am stated.

Tata Group’s talks for a majority stake in Bisleri International Pvt, one of India’s largest bottled water makers, have stalled over valuation, according to people familiar with the matter.

The Indian conglomerate had been in advanced discussions to take control of Bisleri and the parties were working on finalizing the structure of a transaction, the people said.

Petroleum and oil marketing companies raised the price of commercial liquid petroleum gas (LPG) cylinders by Rs 350.50 per unit and domestic LPG cylinders by Rs 50 per unit with immediate effect from Wednesday.

As per the revised rates, commercial LPG cylinders will now cost Rs 2,119.50 per unit in Delhi and price of domestic LPG cylinders will be Rs 1,103 per unit, in the national capital.

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