Meghalaya Chief Minister Conrad K Sangma has ruled out the possibility of repealing the Meghalaya Regulation of Gaming Act, 2021 saying its repeal would cost the state about Rs 10 crore revenue loss.

He said the Act is required to regulate existing gambling parlours which have been there for the past 25 years in the hill state.

Senior Shiromani Akali Dal (SAD) leader and former Punjab minister Tota Singh, 81, passed away at a private hospital in Mohali on Saturday after prolonged illness.

Singh had served as the agriculture and education minister in the Akali government. He was the senior vice-president and a member of the core committee of the SAD.

Infrastructure investment trust IndiGrid has posted over 45 per cent rise in its consolidated net profit at Rs 99.80 crore in the March quarter, mainly on the back of higher revenues.

The consolidated net profit of India Grid Trust (IndiGrid) was Rs 68.69 crore in the quarter ended March 31, 2021, a regulatory filing showed.

The Central Bureau of Investigation (CBI) launched a coordinated search operation at over 10 locations in multiple cities on Saturday in connection with the NSE co-location scam case, officials said.

The search operation will cover brokers at more than 12 premises in Mumbai, Gandhinagar, Delhi, Noida, Gurugram and Kolkata, among other cities, they added.

The flood situation in Assam further worsened on Friday, while the death of four more persons, including two children, took the toll to 14 in the current pre-monsoon floods and landslides and over 8 lakh people have been affected in 29 of the state's 34 districts, officials said.

Assam State Disaster Management Authority officials said that the four deaths were reported from Cachar (2), Nagaon, and Lakhimpur districts.

Congress interim president Sonia Gandhi and Priyanka Gandhi paid homage to former Prime Minister Rajiv Gandhi on his 31st death anniversary at Vir Bhumi in the national capital on Saturday.

Congress leaders P Chidambaram and Sachin Pilot also paid tribute to the former Prime Minister at Vir Bhumi in Delhi.

IDBI Bank has entered into a share purchase agreement with Ageas Insurance International, wherein the bank is looking to sell its remaining stake of 25 per cent in private sector life insurer Ageas Federal Life Insurance for Rs 580 crore, making Ageas one of the few foreign insurers to raise its stake in its Indian insurance joint venture to 74 per cent, after the government raised the FDI cap in the insurance sector.

Indian federal police have charged 30 people with rioting and other offences after an environmental protest at Vedanta Ltd's copper mine in 2018 turned deadly, with police shooting dead 12 protesters.

The incident, the deadliest environmental protest in India in a decade, was condemned by a working group of United Nations' human rights experts for the excessive and disproportionate use of lethal force by police.

Eight years of the BJP-led NDA dispensation have been dedicated to the country's balanced development, social justice and social security, Prime Minister Narendra Modi said on Friday while asserting that people's faith in the government's delivery mechanism has been restored post-2014.

Addressing the BJP's national office bearers' meeting in Jaipur via video conferencing, Modi asked the party leaders and workers to launch a campaign to ensure that no poor, eligible beneficiary is left out of the government's welfare measures.

Shares of Prudent Corporate Advisoory Services fell below its issue price after it debuted at Rs 660, 5 per cent higher against issue price of Rs 630 per share on the BSE on Friday. The stock hit an intra-day low of Rs 594.25, down 6 per cent from its issue price.

On the National Stock Exchange (NSE), the stock opened at Rs 650, 3 per cent higher against its issue price. At 10:35 am; it traded at Rs 587.20, 7 per cent discount from its issue price of Rs 660 per share. Later, it hit an intra-day low of Rs 586.

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