Adani Enterprises (AEL) has become the fourth Gautam Adani Group company to cross the Rs 3-trillion market capitalisation (market-cap). The stock hit a fresh record high at Rs 2,693.30, up 1 per cent on the BSE in Tuesday’s intra-day trade.

In the past one month, the stock price of AEL has rallied 20 per cent, as compared to 9.4 per cent rise in the S&P BSE Sensex. Further, on a six-month time period, the stock has zoomed 52 per cent against a 3 per cent decline in the benchmark index.

Indian low-cost carrier SpiceJet Ltd said on Tuesday it had cleared all its outstanding principal dues with the state-run airport operator Airports Authority of India (AAI), sending its shares up nearly 5%.

The airline will revert to advance payment mechanism for its daily operations, and AAI will release a 500 million rupees ($6.33 million) bank guarantee, the company added.

Aiming to provide financial support to the bereaved families of handloom and power loom weavers in Telangana, the state government will launch the 'Nethana Beema' scheme on August 7, said minister KT Rama Rao on Monday.

"Telangana government is implementing various welfare schemes to uplift the weaver's community in the state," KTR said.

Leading textile manufacturer Arvind Ltd on Monday reported a consolidated net profit of Rs 101.62 crore for the first quarter that ended on June 30, 2022.

The company had posted a net loss of Rs 11.42 crore during the April-June quarter of the previous fiscal, Arvind said in a regulatory filing.

Sanjay Arora, a senior IPS officer, took charge as the commissioner of Delhi Police on Monday, officials said.

Arora was accorded the ceremonial guard of honour by the police force upon his arrival at the Delhi Police Headquarters at Jai Singh Marg here.

The 57-year-old officer was appointed as the Delhi Police commissioner on Sunday by the Union government following the retirement of Rakesh Asthana, a 1984-batch IPS officer.

More than 32,000 tech workers have been laid off in the US till July, including at Big Tech companies like Microsoft and Meta (formerly Facebook) and the worst has not been over yet for the tech sector that has seen massive stock sell-off.

According to the data compiled by Crunchbase, more than 32,000 workers in the US tech sector have been laid off in mass job cuts, as of late July.

Real estate firm Godrej Properties on Monday said it has acquired 0.5 acres of land in Mumbai to develop a luxury housing project with an estimated sales value of Rs 1,200 crore.

In a regulatory filing, the company informed that it has bought a land parcel to develop a luxury project near Carmichael Road in Mumbai.

AIMIM chief Asaduddin Owaisi on Sunday targeted National Security Advisor Ajit Doval, saying that he should tell everyone who is spreading religious bigotry in the country.

"We were expecting that NSA should tell everyone who are these 'some elements' who are spreading bigotry. Why is he mincing words? He should tell," Owaisi told reporters here today.

Apple is likely to ramp up its Mac portfolio with high-end MacBook Pros and Mac mini with M2 silicon chip later this year.

The M2 products currently includes the 13-inch MacBook Pro and the revamped MacBook Air.

According to Bloomberg's Mark Gurman, there will be a "major bump" in MacBook sales.

The Enforcement Directorate (ED) has arrested Shiv Sena MP Sanjay Raut in a money laundering case linked to alleged irregularities in the redevelopment of a Mumbai 'chawl', officials said.

Raut, 60, was arrested after over six hours of questioning at the ED's zonal office in south Mumbai's Ballard Estate.

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