Kinetic Engineering (KEL), the makers of the iconic Luna two-wheelers in the seventies, will soon start producing components for an electric version of the moped.

Pune-based Kinetic said in September that Luna would make a comeback in an electric avatar. The electric Luna, or E-Luna, will be launched by KEL’s sister company Kinetic Green Energy and Power Solutions.

Flexible workspace provider WeWork India on Monday said it has raised Rs 550 crore from funds managed by BPEA Credit, one of the largest private credit platforms in the country.

The company said it will use fresh funds for future growth and potential consolidation opportunities.

Realty firm Godrej Properties on Monday said it has purchased about 62 acres of land in Kurukshetra, Haryana to develop a plotted residential project.

In a regulatory filing, the company informed that this project will offer about 1.4 million square feet of plotted residential development.

A huge statue of former prime minister Atal Bihari Vajpayee will be installed and a research centre will be built as part his grand memorial in Gwalior, Madhya Pradesh Chief Minister Shivraj Singh Chouhan has said.

He was speaking on Sunday at the 'Gwalior Gaurav Diwas' function to mark the late leader's 98th birth anniversary.

Union Home Minister Amit Shah on Sunday noted that the BJP's massive victory in the recently concluded Gujarat Assembly polls will change the "entire political picture", while also confiding that it will have a "positive impact" on the 2024 Lok Sabha elections.

Citing the historic win of the BJP in 2022 in which the party bagged the most number of seats breaking its own and state's best record, Shah said that the results were a testimony of Gujarat being a "stronghold" of the party.

Private equity major Advent International will buy a "significant" stake in Suven Pharmaceuticals Ltd from its promoter Jasti family and consider merging it with a peer in its portfolio, the Indian drugmaker said on Monday.

Suven did not specify a deal value or the stake Advent would acquire but said the private equity firm would also make an additional open offer for around 26% of the outstanding equity shares held by public shareholders.

Congress leaders Sonia Gandhi and Priyanka Gandhi Vadra joined Rahul Gandhi's Bharat Jodo Yatra in the national capital on Saturday.

They were accompanied by Priyanka's husband Robert Vadra.

As the foot-march entered the national capital in the morning, former Congress president Rahul Gandhi launched a scathing attack on the BJP and RSS, saying they believe in "spreading hatred" but the common people want "harmony".

Union Health Minister Mansukh Mandaviya on Saturday said RT-PCR test for the detection of COVID-19 would be made mandatory for passengers from China, Japan, South Korea, Singapore and Thailand for their travel to India.

Any passenger from these countries found symptomatic or testing positive for coronavirus would be quarantined.

Surya Roshni has appointed Jitendra Agrawal as the CEO of the lighting and consumer durables business. He will be responsible for driving profitable growth in all areas of the lighting business and building of categories within the consumer durable space, the company said in a statement.

Agrawal joins Surya from Luminous Power Technology Pvt Ltd, (a 100% Subsidiary of Schneider Electric), where he was senior vice president and responsible for the company's home electrical business.

India reported 201 new coronavirus infections, raising the tally to 4.46 crore, while the active cases increased to 3,397, the Union Health Ministry said on Saturday.

The death toll stands at 5,30,691 with one fatality reconciled by Kerala, the data updated at 8 am by the ministry stated.

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