Madhya Pradesh Home Minister Narottam Mishra has said that food delivery company Zomato's new feature promising delivery of food within 10 minutes is akin to jeopardising the life of delivery persons and people on roads and asked the company to change the quick delivery plans.

Speaking to reporters on Friday, Mishra said that Zomato will not be allowed to violate traffic rules and the company will be held responsible for the violation of traffic rules and accidents that occur during the instant delivery process.

India's COVID-19 death toll climbed to 5,20,855 with 4,100 fatalities recorded in a day and Maharashtra reconciling the number of deaths caused by the viral disease in the state, the Union health ministry said on Saturday.

A total of 1,660 fresh cases have pushed the country's COVID-19 tally to 4,30,18,032, while the number of active cases has fallen below 20,000, according to the ministry's data updated at 8 am.

The National Company Law Tribunal (NCLT) on Friday initiated insolvency proceedings against real estate developer Supertech, which is engaged in more than 30 projects across north India, after a petition by Union Bank claimed unpaid dues of Rs 492 crore.

The NCLT order mentioned two transactions that have gone sour. The first was in 2015 for Eco Village II in Greater Noida with an estimated project cost of Rs 1,106 crore, in which a consortium of banks lent Rs 350 crore.

World stocks are headed for a second consecutive week of gains for the first time in 2022 though sentiment was broadly cautious as markets evaluated the economic risks from the Federal Reserve's policy tightening and Russia's war in Ukraine.

Technology shares in Hong Kong led losers and weighed on the broader market after U.S. regulators said recent media speculation about an imminent deal that would stop hundreds of Chinese companies from being kicked off American stock exchanges was "premature".

As many as 577 Indian fishermen are in the custody of Pakistan and India has been consistently raising the incidents of their detention and the capture of fishing boats by the neighbouring country, the Lok Sabha was informed on Friday.

Union Minister of State for External Affairs V Muraleedharan said according to the India-Pakistan "Agreement on Consular Access" signed on May 21, 2008, lists of civilian prisoners and fishermen of each country, lodged in the jails of the other, are exchanged on January 1 and July 1 every year.

The price of 10 gram of 24-carat gold on Friday went up by Rs 640 to Rs 52,310, while the price of 1 kg of silver increased by Rs 900 to Rs 68,500.

Ten gram of 22-carat gold is trading at Rs 47,950 after an increase of Rs 600.

The price of 10 gram of 24-carat gold in Delhi and Mumbai stood at Rs 52,310 while the 10 gram of 22-carat gold in Mumbai and Delhi is trading at Rs 47,950.

The price of petrol and diesel in Delhi increased by 80 paise a litre each on Friday. Petrol is selling at Rs 97.81 per litre in the national capital while diesel is trading at Rs 89.07 per litre. This is the third increase in four days with total hike now is Rs 2.4/litre.

In Mumbai, the rate of petrol increased by 84 paise, selling at Rs 112.51 per litre. The price of diesel increased by 85 paise to Rs 96.70 per litre.

Shares of Indus Tower slipped 8 per cent to Rs 196.55 on the BSE in Friday’s intra-day trade amid heavy volume. The stock of telecom infrastructure provider traded close to its 52-week low of Rs 194.25 touched on August 5, 2021. The stock had hit a 52-week high of Rs 332.60 on September 28, 2021.

At 02:11 pm; Indus Tower traded 6 per cent lower at Rs 200, as compared to a 0.8 per cent decline on the S&P BSE Sensex. The trading volume at the counter more-than-doubled with a combined 5.4 million equity shares changing hands on the NSE and BSE.

Shares of Tata Elxsi moved higher by 5 per cent to a record high level of Rs 7,971.90 on the BSE in Friday’s intra-day trade in an otherwise weak market. The stock of Tata Group Company surpassed its previous high of Rs 7,949 touched on February 1, 2022.

Tata Elxsi is amongst the world’s leading providers of design and technology services across industries, including automotive, media, communications, healthcare, and transportation.

Shares of Indian Hotels Company were up 3.3 per cent to Rs 226.45 on the BSE in Friday's intra-day trade. The surge comes ahead of the company's board meeting to decide issue price of qualified institutional placement (QIP), scheduled later today. The stock traded close to its record high level of Rs 230.14 touched on October 14, 2021.

The stock of the Tata Group company traded higher for fourth day in a row. Earlier, the stock had rallied 10 per cent after its QIP committee approved the issue on March 22, 2022 and proposed to mobilize around Rs 2,000 crore through QIP and has fixed floor price at Rs 203.48 per share.

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