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Terror plot busted in Delhi ahead of R-Day, police hunt for 4 more suspects

Terror plot busted in Delhi ahead of R-Day, police hunt for 4 more suspects

Ahead of Republic Day, Delhi Police is hunting for four other terror suspects, besides the two who were arrested last week from the Jahangirpuri area in the national capital, sources said on Tuesday.

According to the Delhi Police Special Cell sources, the terror suspects recieved weapons from Pakistan through the drop-dead method and were in touch with their handlers on the other side of the border through a social media app.

Nykaa hits new low; stock plunges 10% in two days on heavy volumes

Nykaa hits new low; stock plunges 10% in two days on heavy volumes

Shares of Nykaa's parent company - FSN E-Commerce Ventures - hit a new all-time low of Rs 132.55, down 5.5 per cent on the BSE in Tuesday’s intra-day trade, in an otherwise firm market. In the past two days, the stock has plunged 10 per cent, while it has slipped 15 per cent in the past four trading days.

At 11:07 AM, Nykaa was quoting 4.5 per cent lower at Rs 133.90, as compared to 0.51 per cent rise in the S&P BSE Sensex.

Chinese EV makers gearing up to challenge Tata Motors' dominance in India

Chinese EV makers gearing up to challenge Tata Motors' dominance in India

Tata Motors, which dominates the electric passenger vehicles space in India with a market share of around 85 per cent, is likely to face challenges this year from two Chinese companies looking to acquire one-third of the domestic EV market, The Financial Express reported on Tuesday.

The Chinese-owned British brand MG Motor and China's biggest EV maker BYD are ramping up their operations to dent the Indian giant's dominance in the emerging sector.

Google to come up with 381,000 sq ft data centre in Navi Mumbai by 2025

Google to come up with 381,000 sq ft data centre in Navi Mumbai by 2025

In a bid to expand the cloud infrastructure to cater to the growing demand in India, tech giant Google has signed a deal with Raiden Infotech India to pick up a data centre spread over 381,000 sq ft in Navi Mumbai through a lease of 28 years, a report by The Economic Times said.

Alphabet Inc's company will pay Rs 1,144 crore over first 10 years with a rental escalataion of 1.75 per cent every 12 years. Earlier, it had acquired a 464,000 sq ft facility at Adani Centre in Noida on a 10-year lease.

Lupin gets USFDA tentative nod for generic drugs to treat HIV infection

Lupin gets USFDA tentative nod for generic drugs to treat HIV infection

Pharmaceutical firm Lupin on Monday said it has received tentative approval from the US health regulator to market its generic version of Dolutegravir and Rilpivirine tablets used in treatment of HIV infection.

The tentative approval granted by the US Food and Drug Administration (USFDA) is for the abbreviated new drug application (ANDA) of Dolutegravir and Rilpivirine tablets of strength 50 mg/25 mg, Lupin said in a regulatory filing.

Gold, silver prices rise; yellow metal selling at Rs 56,950 per 10 grams

Gold, silver prices rise; yellow metal selling at Rs 56,950 per 10 grams

Gold prices rose on Tuesday by Rs 210, with 10 grams of the yellow metal (24-carat) trading at Rs 56,950. Silver price also rose by Rs 150 per kilogram from yesterday's close. The precious metal was selling at Rs 72,900 per kg.

The price of 22-carat gold rose Rs 190 from yesterday's close to Rs 52,200, according to the GoodReturns website.

Archean Chemical hits highest level since debut; up 51% against issue price

Archean Chemical hits highest level since debut; up 51% against issue price

Shares of Archean Chemical Industries (ACIL) hit a new high of Rs 612.70 as they rallied 7 per cent on the BSE in Friday's intra-day trade in an otherwise subdued market. The stock of the specialty chemicals company was trading at its highest level since its listing on November 21, 2022. In comparison, the S&P BSE Sensex was down 0.22 per cent at 59,826 at 11:15 AM.

With today's gain, the stock price of ACIL has surged 51 per cent against its issue price of Rs 407 per share.

Ratan Tata sets up new endowment trust, likely to fund charities in future

Ratan Tata sets up new endowment trust, likely to fund charities in future

Ratan Tata, chairman of Tata Trusts, has set up another personal endowment trust, The Economic Times reported on Friday. It cited legal experts as saying that the aim behind creating the Ratan Tata Endowment Foundation could be estate planning, with the proceeds from the corpus likely to go to charities.

The trust was incorporated in September and it has Raghvan Ramachandra Shastri and Burzis Shapur Taraporevala as directors.

After China, Tesla now announces price cuts on its electric vehicles in US

After China, Tesla now announces price cuts on its electric vehicles in US

Electric vehicle maker Tesla cut the prices of its top-selling vehicles for the US market on Friday, news agency Reuters said. The automaker's website showed the price cuts on the Model 3 and Model Y, ranging between 6 per cent and 20 per cent on the prices that were held before the discount.

This comes after the company announced another round of price cuts in China earlier this month.

Tata eyes India, Europe for EV cell manufacturing; plans 10 new models

Tata eyes India, Europe for EV cell manufacturing; plans 10 new models

Tata group is considering setting up plants in India and Europe to produce battery cells for electric vehicles (EV), the chief financial officer of its auto unit told Reuters in an interview.

With total sales of 50,000 electric cars to date, India's Tata Motors dominates the country's EV market and has outlined plans to launch 10 electric models by March 2026. The company expects electric models to make up a quarter of its total sales by 2025 from around 8% now.

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