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Global Covid caseload tops 504.9 mn, death toll crosses 6.19 mn

Global Covid caseload tops 504.9 mn, death toll crosses 6.19 mn

The global coronavirus caseload has topped 504.9 million, while the deaths have surged to more than 6.19 million and vaccinations to over 11.18 billion, according to Johns Hopkins University.

In its latest update on Tuesday morning, the University's Center for Systems Science and Engineering (CSSE) revealed that the current global caseload and the death toll stood at 504,990,510 and 6,199,732 respectively, while the total number of vaccine doses administered increased to 11,181,442,274.

AU Small Finance Bank gains 4%, hits record high on bonus issue plan

AU Small Finance Bank gains 4%, hits record high on bonus issue plan

Shares of AU Small Finance Bank hit a record high of Rs 1,441, gaining 4 per cent on the BSE in Tuesday’s intra-day in an otherwise subdued market after the private sector lender said the bank’s board will meet next week to consider bonus issue proposal. The stock surpassed its previous high of Rs 1,428 touched on April 13, 2022.

“A meeting of the board of directors of the Bank will be held on Monday, 25 th April, 2022 and will continue on Tuesday, 26th April, 2022 to consider the proposal for issuance of bonus shares, subject to requisite approvals,” AU Small Finance Bank said in an exchange filing.

Lakhimpur Kheri case: SC restored hope in justice system, says SKM

Lakhimpur Kheri case: SC restored hope in justice system, says SKM

The Samyukta Kisan Morcha (SKM) has said that by cancelling the bail of the main accused in the Lakhimpur Kheri murder case, Ashish Mishra alias Monu, the Supreme Court has restored hope in the justice system.

Earlier in the day, the apex court had cancelled the bail of Mishra in connection with the October 2021 incident at Lakhimpur Kheri in Uttar Pradesh wherein a vehicle allegedly belonging to him had mowed down several people including protesting farmers.

Aviation industry back to pre-Covid levels, govt continues 15-day fare cap

Aviation industry back to pre-Covid levels, govt continues 15-day fare cap

Civil Aviation Minister Jyotiraditya Scindia on Monday expressed confidence about India's aviation industry getting back to the normal pre-pandemic level.

The aviation industry of India touched over four lakh domestic passengers in a day on Monday.

L&T Infotech, Mindtree may be merged to create $22-billion firm

L&T Infotech, Mindtree may be merged to create $22-billion firm

With the Indian information technology (IT) services sector witnessing strong growth momentum on the back of digital transformation, multinational conglomerate Larsen & Toubro (L&T) is all set to merge its IT services business units — L&T Infotech (LTI) and Mindtree.

A Bloomberg report stated that the merger announcement could be announced as early as next week, with details of share-swap ratios. However, mid-cap IT services firm Mindtree in its earning call said that the news is pure hearsay and it wouldn’t respond to speculation.

India logs 2,183 new Covid infections, active cases decline to 11,542

India logs 2,183 new Covid infections, active cases decline to 11,542

India logged 2,183 new coronavirus infections taking the total tally of COVID-19 cases to 4,30,44,280, while the active cases declined to 11,542, according to the Union Health Ministry data updated on Monday.

The death toll climbed to 5,21,965 with 214 fresh fatalities, the data updated at 8 am stated.

Tech stocks drag Indian shares lower; Infosys hits 8-month low

Tech stocks drag Indian shares lower; Infosys hits 8-month low

Indian shares touched three-week lows on Monday, hammered by losses in IT stocks after Infosys crashed 9% on missing March-quarter profit estimates, while inflation concerns globally also weighed on investors' sentiment.

The NSE Nifty 50 index fell 1.89% to 17,142.50, as of 0445 GMT, while the S&P BSE Sensex slid 2.15% to 57,089.44. In a holiday truncated week, both indexes logged weekly losses of more than 1.5% each, last week.

Russian armed forces destroy ammunition plant in Ukraine's Kiev

Russian armed forces destroy ammunition plant in Ukraine's Kiev

Russia's forces have destroyed an ammunition plant in Ukraine's Kiev region, the Russian Defence Ministry said.

During the night, high-precision air-based missiles destroyed an ammunition factory near Brovary (city) in the Kiev region, Ministry Spokesman, Igor Konashenkov told a daily briefing on Sunday.

Pak PM Shehbaz writes to PM Modi, urges for meaningful ties with India

Pak PM Shehbaz writes to PM Modi, urges for meaningful ties with India

Pakistan Prime Minister Shehbaz Sharif has written a letter to his Indian counterpart, Narendra Modi urging for maintaining meaningful bilateral ties between the two neighbouring countries, media reports said.

Sharif's letter on Sunday comes in response to the congratulatory message sent by Modi earlier in the day in which the latter said India supported constructive ties with Pakistan.

Tesla stockholders ask judge to silence CEO Elon Musk in fraud case

Tesla stockholders ask judge to silence CEO Elon Musk in fraud case

A group of Tesla shareholders suing CEO Elon Musk over some 2018 tweets about taking the company private is asking a federal judge to order Musk to stop commenting on the case.

Lawyers for stockholders of the Austin, Texas-based company also say in court documents that the judge in the case has ruled that Musk's tweets about having funding secured to take Tesla private were false, and that his comments also violate a 2018 court settlement with U.S. securities regulators in which Musk and Tesla each agreed to pay USD 20 million fines.

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