Ola Electric, India’s largest electric vehicles company, has wrested 40 per cent of the EV scooter market by selling its highest-ever monthly sales in April, of over 30,000 units.

With this, the company secured the number one position on the sales for the eighth consecutive months.

The Gujarat High Court on Tuesday refused to grant interim relief to Congress leader Rahul Gandhi on his plea for stay of conviction in a criminal defamation case over his "Modi surname" remark, saying it will pass its final order post-summer vacation.

Counsel for Gandhi (52), Abhishek Manu Singhvi, cited "extreme urgency" to request from the court for an interim or a final order after arguments from both sides in the matter concluded during the day.

Veteran politician Sharad Pawar shocked Nationalist Congress Party (NCP) workers on Tuesday afternoon, saying it was time he stepped down as president of the party that he founded almost 24 years ago.

If Pawar intended to spark a show of loyalty from party workers, the move had the desired effect.

Prime Minister Narendra Modi on Monday said the highest ever monthly GST collection of Rs 1.87 lakh crore in April is a "great news" for the Indian economy.

Gross Goods and Services (GST) collection in April rose 12 per cent on an annual basis to touch the all-time high level.

Shares of Oil and Natural Gas Corporation (ONGC) were up 3 per cent to Rs 163.90 on the BSE in Tuesday's intra-day trade amid heavy volumes after the government slashed windfall tax on Crude Oil produced at home to Rs 4,100 per tonne from Rs 6,4000 per tonne.

The stock of the state-owned oil exploration & production company was trading close to its 52-week high level of Rs 168.40, touched on May 5, 2022.

Swiggy has decided to shut its premium grocery delivery pilot Handpicked, according to a report by The Economic Times (ET).

Through Handpicked, Swiggy used to sell a selection of premium, gourmet, imported, and hard-to-get grocery items.

A Swiggy spokesperson, while confirming the development to ET, said that the company is constantly experimenting with new propositions in line with its vision to provide consumers with convenience.

Shares of Adani Green Energy were locked in the 5-per cent upper circuit, at Rs 998, on the BSE in Tuesday's intra-day deal after the Adani group company's net profit zoomed 142 per cent on year in the March quarter of FY23 (Q4FY23). By comparison, the benchmark S&P BSE Sensex was up 0.42 per cent at 9:20 AM.

The renewable power major, on Monday, reported a 142 per cent rise in net profit to Rs 1,365 crore in Q4FY23 on a YoY basis. Its revenues were up by 89 per cent to Rs 2,130 crore in the same quarter.

The Indian Premier League (IPL) 2023 saw another controversy last night after the Lucknow Super Giants vs Royal Challengers Bangalore match, where LSG mentor Gautam Gambhir and RCB batter Virat Kohli were seen in a heated conversation with each other.

In the IPL 2023 LSG vs RCB match on Monday night, the star players from both the teams – Gautam Gambhir and Virat Kohli – were seen involved in an ugly spat after RCB won the match by 18 wickets, leading to a breach of the Code of Conduct of the IPL 2023 tournament.

Jailed gangster Tillu Tajpuriya, who was the prime accused in the Delhi Rohini Court shootout, was murdered inside Tihar jail in the national capital. He was allegedly murdered inside the jail during a gang war.

Tillu Tajpuriya was killed inside the Tihar Jail by Yogesh Tunda, who is a member of the rival gang, according to ANI reports.

India’s capital markets regulator may ask the country’s top court to give it more time to finish its investigation into short-seller Hindenburg Research’s allegations against billionaire Gautam Adani’s conglomerate, the Business Standard reported, citing people it didn’t name.

The Securities and Exchange Board of India was to file a status report to the Supreme Court May 2, according to the report.

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