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First protest death boosts calls to oust Sri Lanka President Rajapaksa

First protest death boosts calls to oust Sri Lanka President Rajapaksa

The first fatality after weeks of protests in Sri Lanka over food and fuel shortages intensified calls for President Gotabaya Rajapaksa to resign, with a key opposition leader saying Rajapaksa was “responsible for every death.”

Officers fired live rounds Tuesday night in the central Rambukkana area after tear gas failed to dispel a group of protesters who had blocked a train track and tried to set fire to a diesel truck, the police media unit in capital Colombo said by phone. One person was killed in the clash, according to Agence France-Presse and several local media outlets.

PIL in HC seeks contempt action against Maha CM, Sena's Sanjay Raut, others

PIL in HC seeks contempt action against Maha CM, Sena's Sanjay Raut, others

A public interest litigation (PIL) has been filed in the Bombay High Court seeking the initiation of contempt of court proceedings against Maharashtra Chief Minister Uddhav Thackeray, state home minister Dilip Walse Patil, Shiv Sena MP Sanjay Raut, and others for allegedly passing remarks against the judiciary.

The petition filed by the Indian Bar Association claimed that the respondents holding ministerial positions have levelled several "false, scandalous and contemptuous" allegations against the judges of the High Court and the entire judicial system.

Power crisis will crush small industries, says Congress on coal shortage

Power crisis will crush small industries, says Congress on coal shortage

A day after Union Home Minister Amit Shah held a meeting of the concerned department on power situation, the Congress on Wednesday attacked the Centre and alleged that only eight days of coal was left in the country.

"8 years of big talk has resulted in India having ONLY 8 DAYS of coal stocks.

Chinese state-sponsored hackers target Indian power grid assets in Ladakh

Chinese state-sponsored hackers target Indian power grid assets in Ladakh

Chinese state-sponsored hackers had targeted India's power grids in Ladakh possibly for information on India's critical infrastructure or to prepare for sabotage in the future, according to the American cybersecurity firm Recorded Future.

This report, released earlier this month, details a campaign conducted by a likely Chinese state-sponsored threat activity group targeting the Indian power sector.

Netflix loses 200,000 paid subscribers in first quarter, shares tank 20%

Netflix loses 200,000 paid subscribers in first quarter, shares tank 20%

Streaming giant Netflix saw its stock tumbling by 20 per cent after it reported a loss of 2 lakh paid subscribers in the first quarter of 2022 -- its first subscriber loss in over a decade.

Moreover, Netflix forecasts a global paid subscriber loss of 20 lakh for the second quarter (Q2) of 2022.

Coal India gains 4%, hits over 2-year high on hopes of strong earnings

Coal India gains 4%, hits over 2-year high on hopes of strong earnings

Shares of Coal India (CIL) hit an over two-year high of Rs 205.55, up 4 per cent on the BSE in Wednesday’s intra-day trade, surging as much as 10 per cent in the past three trading days on expectation of strong earnings.

The stock of state-owned mining company traded at its highest level since January 2020. In past three months, the stock has rallied 25 per cent, as compared to a 5.4 per cent decline in the S&P BSE Sensex.

Fortis case: Sebi slaps Rs 24 crore penalty on Singh brothers, 7 others

Fortis case: Sebi slaps Rs 24 crore penalty on Singh brothers, 7 others

Market regulator the Securities and Exchange Board of India (Sebi) on Tuesday imposed a penalty of Rs 24 crore on nine entities including Malvinder Mohan Singh and Shivinder Mohan Singh for irregularities at Fortis Healthcare.

The market regulator fined the Singh brothers Rs 5 crore each while their associate company RHC Holdings was fined Rs 2.5 crore. Sebi also banned Malvinder Singh and Shivinder Singh from accessing securities market for a period of three years.

Japan approves fourth Covid-19 vaccine Novavax; jabs expected by late May

Japan approves fourth Covid-19 vaccine Novavax; jabs expected by late May

Japan's health ministry on Tuesday formally approved Novavax's COVID-19 vaccine, a fourth foreign-developed tool to combat the infections as the country sees signs of a resurgence led by a subvariant of fast-spreading omicron.

The ministry approval comes the day after its experts panel endorsed use of Novavax's protein vaccine, which is designed with similar technology used to fight diseases such as the flu and hepatitis B, for the first two shots and a booster.

India records 1,247 new Covid infections; active cases rise to 11,860

India records 1,247 new Covid infections; active cases rise to 11,860

With 1,247 coronavirus infections being reported in a day, India's total tally of COVID-19 cases rose to 4,30,45,527, while the active cases increased to 11,860, according to the Union Health Ministry data updated on Tuesday.

The death toll climbed to 5,21,966 with one fresh fatality being reported from Uttar Pradesh, the data updated at 8 am stated.

INEOS Styrolution dips 16%, hits 52-wk low as promoter lowers stake via OFS

INEOS Styrolution dips 16%, hits 52-wk low as promoter lowers stake via OFS

Shares of INEOS Styrolution India tanked 16 per cent to hit a 52-week low of Rs 907 on the BSE in Tuesday’s intra-day trade as the promoter today launched an offer for sale (OFS) to offload up to a 14.4 per cent stake in the company. The company fixed the offer price at Rs 800 per share.

At 10:51 am; the stock was down 15 per cent at Rs 918, as compared to 0.03 per cent decline in the S&P BSE Sensex. It had hit a 52-week high of Rs 1,887 on October 18, 2021.

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