Shares of LT Foods were up 4 per cent to Rs 89.40 on the BSE in Tuesday’s intra-day trade. The stock rallied 14 per cent in past two trading days in an otherwise a weak market on the back of heavy volumes.

In comparison, the S&P BSE Sensex was down 0.37 per cent at 58,508 points at 10:37 am. The trading volumes on the counter nearly doubled as a combined 8.9 million equity shares changed hands on the NSE and BSE. The stock quoted close to its 52-week high level of Rs 90.40, touched on May 24, 2021. Earlier, it had hit a record high of Rs 110 on January 9, 2018.

India recorded 796 new coronavirus infections taking the total tally of COVID-19 cases to 4,30,36,928, while the active cases dipped to 10,889, according to the Union Health Ministry data updated on Tuesday.

The death toll climbed to 5,21,710 with 19 fresh fatalities, the data updated at 8 am stated.

Shares of Gufic Biosciences (Gufic) hit a 52-week high of Rs 283.50 after they rallied 14 per cent on the BSE in Tuesday's intra-day trade on the back of heavy volumes on improved business outlook.

At 09:51 AM, the stock was trading 11 per cent higher at Rs 274.75, as compared to 0.70 per cent decline in the S&P BSE Sensex. Trading volumes on the counter jumped over five-fold with a combined 2.01 million equity shares having changed hands on the NSE and BSE till the time of writing of this report.

The price of 10 gram of 24-carat gold remained unchanged on Tuesday at Rs 53,020, while silver (per kg) became cheaper by Rs 3,800 to trade at Rs 67,700.

Ten gram of 22-carat gold is trading at Rs 48,600. The price of 10 gram of 24-carat gold in Delhi and Mumbai stood at Rs 53,020. Ten gram of 22-carat gold in Mumbai and Delhi is trading at Rs 48,600.

On the edge of Hyderabad in southern India, a vast patch of arid shrub-land the size of about 14,000 football fields is becoming a testing ground for a model that could help wean the world off its dependence on Chinese drug ingredients.

This empty site of the Hyderabad Pharma City, marked out by scuffed sign posts and a rubble-strewn access road is expected to attract about $8.4 billion and employ 560,000 people in hundreds of sprawling plants.

Tata Consultancy Services (TCS) beat Street estimates as the information technology (IT) major reported its highest-ever order book and crossed the revenue milestone of Rs 50,000 crore in a quarter, besides logging the highest incremental revenue addition of $3.5 billion in a year.

We have had a strong Q4 and we are ending the year on a strong note, especially for a year that has been marked by a steady recovery. Even beyond the financial metrics, every other parameter is looking good, said Rajesh Gopinathan, CEO and MD, TCS.

Amid the chaotic political play for over a week, Pakistan Prime Minister Imran Khan will finally face the no-trust vote on Saturday following the Supreme Court's order.

Interestingly, for Pakistan National Assembly, which has notably never seen a Prime Minister complete the full 5-year-tenure and this is not going to be the first no-confidence motion against an elected leader.

The Health Ministry on Saturday informed that over 17.54 crore unutilized COVID-19 vaccine doses are still available with the states and Union Territories (UTs) to be administered.

The health ministry said that 1,88,47,90,495 vaccine doses have been provided to States and UTs so far through free of cost channels and through the direct state procurement category.

With the arrival of four more Sri Lankan Tamils into the state, the Tamil Nadu government is preparing itself for more refugees hitting the shores of the state.

Chief Minister M.K. Stalin has already sent directives to various state government departments to prepare themselves for the arrival of more Sri Lankan Tamils as crisis in the island nation continues.

The Chinese mainland reported 1,334 new locally-transmitted COVID-19 infections on Friday, low compared to Thursday's 1,540 cases, the National Health Commission said on Saturday.

Of the local confirmed cases reported on Friday, 1,015 were in Shanghai, 248 in Jilin, 13 in Zhejiang, and six in Beijing, according to Xinhua News Agency.

The rest of the cases were reported in other 12 provincial-level regions.

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