Shares of PTC India Financial Services Ltd fell as much as 8.3% on Monday after India's market regulator directed the non-banking financial company over the weekend to address corporate governance issues before holding any board meeting.

The Securities and Exchange Board of India (SEBI) also asked PTC India Financial to file an action-taken report in four weeks, the company said.

Shares of HDFC Life Insurance hit a 52-week low of Rs 623, down 3 per cent on the BSE in Monday’s intra-day trade after the company reported a lower-than-expected 3.3 per cent year-on-year (YoY) rise in net profit at Rs 273.7 crore for the quarter ended December due to a decline in income from investment.

The stock of the private insurance firm fell below its previous low of Rs 627 hit on December 20, 2021. At 12:54 pm, it was down 2.2 per cent at Rs 627, as compared to a 2.12 per cent decline in the S&P BSE Sensex at 57,785 points.

The Supreme Court Monday asked the Delhi Metro Rail Corporation (DMRC) and the Reliance Infrastructure's subsidiary, Delhi Airport Metro Express Pvt Ltd (DAMEPL) to appear before the Delhi High Court on January 31 and request it to hear the dispute relating to execution of the over Rs 4,600 crore arbitral award to DAMEPL at the earliest.

A bench of Justices L Nageswara Rao and B R Gavai said the hearing on the execution application does not brook any further delay as it is detrimental to the interest of both the parties.

Global engineering and product development digital services firm Tata Technologies on Monday said it will hire over 3,000 innovators over the next 12 months under its expanded talent acquisition programme.

The company plans to ramp up its workforce in all major markets globally and India, which includes Maharashtra, Karnataka, Tamil Nadu, among others, Tata Technologies said in a statement.

Cyient Limited, an Indian engineering and technology solution provider for more than two dozen Fortune 500-companies, plans to sell stakes in units that are underperforming.

“We are aggressively considering what makes sense in our portfolio,” Cyient Managing Director Krishna Bodanapu said in an interview to Bloomberg TV on Monday. “We are a bit complex and one of the objectives for this calendar year is to simplify things and divest out of businesses that do not make sense for us.”

Ola Electric on Monday said it has raised over USD 200 million (about Rs 1,490.5 crore) from Tekne Private Ventures, Alpine Opportunity Fund, Edelweiss and others, valuing the electric vehicle maker at USD 5 billion.

In September last year, Ola Electric had announced raising a similar amount in funding from Falcon Edge, Softbank and others that had valued the company at USD 3 billion (about Rs 22,272 crore).

It is not just the players, but gaming companies too are making and breaking records.

“Grand Theft Auto” video game maker Take-Two Interactive (TTWO. O) announced on January 10 that it was buying Zynga for $11.04 billion in a cash-and-stock deal.

The diversified Adani Group is investing more than Rs 4,600 crore in two data centre projects in Uttar Pradesh, a state Cabinet minister said on Sunday.

According to UP MSME and export promotion minister Sidharth Nath Singh, Adani Enterprises is setting up two data centres, totalling a cost of Rs 4,646 crore, in Noida sectors 62 and 80 respectively.

Meta-owned WhatsApp is reportedly testing the possibility of allowing users to migrate chats from their Android device to an iPhone.

According to WABetaInfo, WhatsApp is working on an import chat history feature that will let Android users move their chats to an iPhone device.

Google has moved to court against an antitrust lawsuit in the US that alleged Alphabet and Google CEO Sundar Pichai and Meta CEO Mark Zuckerberg were involved in a secret ad collusion plot.

Led by Texas Attorney General Ken Paxton, the lawsuit which was filed last week alleged that Zuckerberg and Pichai personally approved a secret deal that gave the social network a leg up in the search giant's online advertising auctions.

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.