Shares of Delta Corp hit an over three-year high of Rs 287.70 after they rallied 9 per cent on the National Stock Exchange (NSE) in the intra-day trade on Friday. The stock has been included in the derivatives segment with effect from today. In the past one month, it has zoomed 52 per cent as compared to a 2.3 per cent rise in the Nifty50 index.

At 10:10 am, Delta Corp was trading 7.5 per cent higher at Rs 283 on the NSE, as against a 0.05 per cent decline in the benchmark index.

Shares of oil exploration & production (E&P) companies continued their north-bound journey, gaining by up to 3 per cent on the BSE in Friday’s intra-day trade in an otherwise weak market on the back of 62 per cent hike in domestic natural gas prices.

The price of domestic-produced natural gas has been hiked to $2.9 per million British thermal units (mBtu) for the October 2021-March 2022 period on Thursday. The ceiling price of natural gas produced from deepwater, ultra-deepwater, and high pressure-high temperature (collectively called difficult) discoveries has also been hiked to $6.13 per mBtu.

The Indian rupee declined 12 paise to 74.35 against the US dollar in opening trade on Friday, tracking strength of the American currency in the overseas market and a muted trend in domestic equities.

At the interbank foreign exchange, the rupee opened at 74.33 against the dollar, then fell further to 74.35, registering a fall of 12 paise over its previous close.

The National Payments Corporation of India’s (NPCI) flagship payment platform, Unified Payments Interface (UPI), logged 3.65 billion transactions worth Rs 6.5 trillion in September, an all-time high, both in volume and value terms. It was also the third straight month with more than 3 billion transactions on the platform, signaling the wider digital payment adoption in the country since the Coronavirus (Covid-19) pandemic hit.

On a month-on-month (MoM) basis, UPI’s volume of transactions was up 3 per cent, and the value of transactions was up 2.35 per cent.

Hyundai Motor India Ltd (HMIL) on Friday reported 23.6 per cent decline in total sales at 45,791 units in September.

The company had sold 59,913 units in the same month last year, HMIL said in a statement.

Domestic sales were down 34.2 per cent to 33,087 units as against 50,313 units in September 2020, the company added.

Taking a confrontation stand against its largest shareholder, the Zee board on Friday rejected its demand to hold an extraordinary general meeting to remove current MD and CEO, Punit Goenka and induct its nominees.

In a statement to the stock exchanges, Zee said its board deliberated and discussed various legal and statutory implications of the requisition notice.

The country's largest carmaker Maruti Suzuki India (MSI) on Friday reported 46.16 per cent decline in sales at 86,380 units in September.

The company had sold 1,60,442 units in September last year, MSI said in a statement.

Domestic sales slipped 54.9 per cent to 68,815 units last month as against 1,52,608 units in September 2020, it added.

India produced 179 more super-rich people this year led by Adani Group's Gautam Adani who amassed a whopping wealth of Rs 3.65 trillion or more than Rs 1,000 crore daily, and the number of such individuals has crossed the 1,000-mark.

Geographically, five more cities are home to super-rich taking the total number of super-rich cities to 119 and these 1,007 individuals cumulatively added 51 per cent more wealth in 2021.

The State Bank of India has rejected Andhra Pradesh government's Rs 6,500 crore 'overdraft' for implementing the Centrally Sponsored Schemes (CSS) in the state.

With its coffers completely dry, the state government sought the overdraft to be used as working capital by five nodal implementing agencies against securitisation of fund balances available in the Single Nodal Accounts (SNA).

State-run power giant NTPC on Thursday said its arm NTPC Renewable Energy Ltd (NTPC REL) has signed the first green term loan agreement of Rs 500 crore with Bank of India.

The green term loan agreement is for its two solar projects in Rajasthan and Gujarat.

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