Shares of Eureka Forbes surged 12 per cent to Rs 316.40 on the BSE in Tuesday's intra-day trade amid heavy volumes. At 10:52 AM, the stock of the household appliances was trading 10 per cent higher at Rs 312 as compared to 1.4 per cent rise in the S&P BSE Sensex.

The trading volumes on the counter jumped over 20-fold with 1.04 million equity shares having changed hands, so far, against an average sub 50,000 shares traded on the BSE.

Maharashtra minister Eknath Shinde and some other Shiv Sena MLAs from the state are camping at a hotel in Gujarat's Surat city, sources said on Tuesday, a day after the Sena-led Maha Vikas Aghadi faced a setback in the Maharashtra Legislative Council polls.

The MLAs, who are seemingly unhappy with their leadership, arrived in Surat on Monday night and are camping at the Le Meridian Hotel here, they said.

VerSe Innovation, the local language technology platform, said it was foraying into the global markets, launching content platform Dailyhunt in West Asian countries. VerSe Innovation, raised $805 million in its most recent funding rounds from marquee global investors, which increased the firm’s valuation to $5 billion.

VerSe Innovation’s proprietary technology powers Dailyhunt. It has rolled out its offering of Dailyhunt in UAE, Saudi Arabia, Bahrain, Oman, Qatar, and Kuwait with its headquarters in Dubai.

Bihar Chief Minister Nitish Kumar on Sunday expressed grief over the death of 17 persons in lightning and thunderstorm and announced an ex-gratia of Rs 4 lakh for the family members of each of the victims.

Taking to the Twitter the Chief Minister said, "6 people died in Bhagalpur, 3 in Vaishali, 2 in Khagaria, 1 in Katihar, 1 in Saharsa, 1 in Madhepura, 2 in Banka and 1 in Munger due to thunderstorm and lightning. My deepest condolences to the affected families.

The number of active Covid cases in Lucknow have crossed the 500-mark after a gap of nearly four months.

In Uttar Pradesh the number of cases has gone past the 2500-mark.

At least 89 more persons have tested positive for the infection in the past 24 hours, while 62 patients recovered in the same period, taking the active cases to 505.

The meltdown across global equity markets is casting a spillover effect on the crypto markets as well.

With the global central bankers turning hawkish to abate inflationary pressures, lack of liquidity is resulting in fund vacuum in the crypto sphere too.

Reduced risk appetite, coupled with strengthening dollar, has also made investors exit crypto funds with outflows surging over $100 million last week.

Sequoia Capital India has asked a local court to dismiss a defamation lawsuit filed by one of its former general counsels, saying it was an attempt to curb its free speech rights and harm its interests, the venture capital firm's court filing shows.

Sequoia has been locked in a legal battle with Sandeep Kapoor, after he included the company in a defamation lawsuit against media companies that reported on a leaked Sequoia email of June 2. Kapoor was Sequoia's in-house general counsel for nearly nine years until 2019.

Saddened by the violence around the Agnipath scheme, Mahindra Group Chairman Anand Mahindra on Monday announced to recruit "trained and capable" Agniveers.

Taking to Twitter, Anand said he is saddened by the violence around the Agnipath program.

Air India Ltd. is considering ordering as many as 300 narrowbody jets, according to people familiar with the matter, in what could be one of the largest orders in commercial aviation history as the formerly state-run airline looks to overhaul its fleet under new ownership.

The carrier may order Airbus SE’s A320neo family jets or Boeing Co.’s 737 Max models, or a mix of both, the people said, asking not to be identified because the discussions are confidential. A deal for 300 737 Max-10 jets could be worth $40.5 billion at sticker prices, although discounts are common in such large purchases.

As many as nine more persons died in Assam due to the flood, taking the overall death toll to 54, according to Assam State Disaster Management Authority (ASDMA) on Friday.

As many as 18.94 lakh people in 28 districts are affected by the flood situation.

The deaths were reported from Hojai, Nalbari, Bajali, Dhubri, Kamrup, Kokrajhar, and Sonitpur districts of Assam.

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