The Enforcement Directorate (ED) on Thursday opposed Maharashtra's former Home Minister Anil Deshmukh's bail plea in the Bombay High Court stating that he was the "mastermind" behind the money laundering case and that he had misused his official position to amass wealth.

The probe agency also alleged if Deshmukh is granted bail, he can tamper with the evidence.

World Health Organization (WHO) suspending the supply of Covaxin through UN procurement agencies over "process and facility upgrade" requirements will not have an impact on travel by those who have taken the COVID vaccine, Ministry of External Affairs said on Thursday.

Answering a query about the impact on people travelling abroad due to the present suspension of Covaxin supplies, MEA spokesperson Arindam Bagchi said that in terms of their travel, the vaccine continues to be recognized under the emergency use listing of WHO and various countries have already accepted it.

Shares of Bandhan Bank moved higher by 4 per cent to Rs 328.50, recovering 7 per cent from a low of Rs 306.55 on the BSE in Friday’s intra-day trade after more than 50 million equity shares of the private sector lender changed hands via block deals. The stock had hit a 52-week high of Rs 364.85 on April 9, 2021.

At 09:15 am; 50.14 million equity shares representing 3.11 per cent of total equity of Bandhan Bank changed hands on the BSE, the exchange data shows.

Shares of Ruchi Soya Industries jumped 8 per cent to Rs 883 on the BSE in Friday's intra-day trade, extending its Thursday's 8.5 per cent gain' after 66.15 million equity shares, which were allotted in follow-on-public offering (FPO), started trading on the exchanges from today.

6,61,53,846 equity shares of Rs 2 each fully paid up of Ruchi Soya Industries are listed and admitted for trading on the Exchange with effect from Friday, April 08, 2022, BSE said in notice dated April 7, 2022.

Telecommunication (telecom) companies are expected to see strong quarter-on-quarter (QoQ) growth in average revenue per user (ARPU) in the fourth quarter (Q4) of 2021-22 on the back of recent hike in prepaid plans. While subscriber additions will be modest, telecom companies will see overall growth in their revenue, according to Q4 earnings estimates.

According to brokerages, Bharti Airtel could report 8-13.5 per cent QoQ rise in its ARPU to Rs 176-185.

Fintech firm Bharatpe CEO Suhail Sameer on Thursday apologised for his remarks in a social media post allegedly indicating that former company chief Ashneer Grover has stolen money from the company and little is left to pay the salaries of employees.

A Bharatpe employee in a Linkedin post had raised the matter of termination of administrative staff and non-payment of salaries, which attracted responses from Grover and CEO Sameer.

Shares of YES Bank surged 10.6 per cent to Rs 16.25 per share, hitting 52-week high in an otherwise weak market, after ratings agency CARE Ratings upgraded infrastructure, lower tier-2, and upper tier-2 bonds to positive. In comparison, S&P BSE Sensex was down 0.78 per cent at 59, 146 points as of 11:00 am.

YES Bank's stock price has zoomed over 22 per cent in the past five trading sessions. With today’s gains, the shares have climbed over 49 per cent so far this April as against 1 per cent gain in BSE S&P Sensex.

Realty firm Godrej Properties Ltd will develop a new housing project at Kandivali East in Mumbai with an estimated sales revenue of Rs 1,000 crore.

In a regulatory filing, Godrej Properties on Thursday said it has extended an existing arrangements with Shivam Realty to develop a residential group housing project, off Akurli crossroad at Hanuman Nagar, Kandivali East.

Shares of Uma Exports made a robust debut on the bourses on Thursday, listing at Rs 80 apiece on the BSE -- a 17.6 per cent premium against its issue price of Rs 68. On the National Stock Exchange (NSE) the company debuted at Rs 76 per share.

So after the listing, the shares extended their rally and hit a high of Rs 83 on the BSE, as against a 0.6 per cent dip in the BSE Sensex at 10:10 AM.

The Centre is likely to table 'The Weapons of Mass Destruction and their Delivery Systems (Prohibition of Unlawful Activities) Amendment Bill, 2022' in the Rajya Sabha on Thursday.

The Bill was passed by the Lok Sabha on Wednesday.

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