Shares of recreational service companies like Imagicaaworld Entertainment and Wonderla Holidays were in demand on Monday as they rallied up to 11 per cent on the BSE in the intra-day trade amid heavy volumes and expectations of strong earnings.

Imagicaaworld, which operates Imagicaa – theme park, water park, snow park and a family hotel Novotel Imagicaa Khopoli, hit a fresh 52-week high of Rs 54.90 on zooming 11 per cent on the BSE in intra-day trade.

The total digital economy of Southeast Asia (SEA), which stands at $210 billion, is expected to grow at 15 per cent compound annual growth rate (CAGR) to reach $430 billion and Indian startups looking to expand overseas should consider Southeast Asia, a report showed on Monday.

The population of over 650 million and 70 million SMEs in Southeast Asia are rapidly becoming more affluent and digitally savvy, creating a high demand for innovative products and services.

Two wheeler major Hero MotoCorp on Monday said it has inked a pact with the US-based Zero Motorcycles to collaborate on premium electric motorcycles.

The collaboration combines the expertise of Zero in developing power trains and electric motorcycles with the scale of manufacturing, sourcing and marketing of Hero MotoCorp, the country's largest two wheeler maker said in a statement.

Vijay alias Usman, an accused in the Umesh Pal murder case, was shot dead by a Prayagraj police team in an encounter here in the early hours of Monday, officials said.

Dhumanganj Station House Officer (SHO) Rajesh Kumar Maurya said the encounter took place in Kaundhiyara police station area around 5.30 am.

Congress leader Rahul Gandhi on Sunday launched a fresh attack on BJP, saying he is not afraid of the criticism against him as he asserted that it's a fight between courage and cowardice, and love and hatred.

Gandhi, who is in London as part of a week-long visit to the UK, made the remarks during his interaction with the Indian diaspora, organised by the Indian Overseas Congress here.

Major Apple Inc supplier Foxconn said on Saturday it was seeking cooperation in India in new areas like chips and electric vehicles (EVs) after a visit to the country by its chairman, Liu Young-way.

Apple has been shifting production away from China after the country's strict COVID-19 restrictions disrupted the manufacturing of new-model iPhones and other devices, and amid tensions between Beijing and Washington.

Bharatiya Janata Party (BJP) Spokesperson NV Subhash on Friday said that BJP is the only alternative to all the parties in Telangana.

Subhash reacted to Akbaruddin Owaisi's statement that AIMIM will defeat BJP in the upcoming Telangana elections.

Speaking to ANI, He said, "I would advise Akbaruddin Owaisi and Asaduddin Owaisi to read today's newspaper.

The former Delhi Deputy Chief Minister Manish Sisodia, who was arrested by the Central Bureau of Investigation (CBI) in connection with the Delhi excise policy scam, will be produced before the Rouse Avenue District Court after the expiry of his custodial remand, sources said.

The source said that Sisodia will be produced by 2 p.m. on Saturday.

Three employees of a city-based pharmaceutical firm Marion Biotech, whose cough syrup is alleged to have led to the death of 18 children in Uzbekistan last year, were arrested on charges of manufacturing and sale of adulterated drugs, officials said.

Meanwhile, Drugs Inspector from Central Drugs Standard Control Organization (CDSCO), North Zone, on Friday issued a notice to Marion Biotech asking it to stop the sale and distribution of the drug concerned, stating that the sample was found to be not of standard quality.

The country's largest airline IndiGo, which is focusing on internationalisation, has received approval from the civil aviation ministry to wet lease up to two planes for operating flights to the United States and Canada, according to a senior official.

For the first time, IndiGo started operating wide-body Boeing 777 on Delhi-Istanbul route in February. The plane has been taken on wet lease from Turkish Airlines.

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