Mumbai International Airport Ltd. has delayed a proposed dollar bond offering, according to people familiar with the matter, as market volatility prompts borrowers around the world to adjust their funding plans.

The operator of India’s second-largest airport had said in an exchange filing in late February that it would be meeting with investors for the proposed issuance.

Ecommerce giant Amazon on Tuesday put out a public notice in a newspaper accusing Future Retail (FRL) and its promoters of committing fraud after Reliance Industries (RIL) took over some retail stores of FRL.

Amazon is fighting a legal battle with FRL to stop the Kishore Biyani-led retailer’s $3.4 billion deal with Reliance Industries Limited (RIL). In October 2020, Amazon sent legal notice to Future for the deal. It alleged it breached Future’s agreement with Amazon.

As Tata Sons chairman, N Chandrasekaran chairs the board of several group companies. But his appointment as Air India chairman, which was made public on Monday, is somewhat different. As chairman, he will steer the operation of the recently acquired airline until a chief executive is found, according to people in the know.

In a rare development, Chandra, as he’s popularly known, is likely to be named ‘accountable manager’ of Air India.

Gaurav Porwal, former chief operating officer (COO) of Ola, has joined Tata Digital, a wholly owned subsidiary of Tata Sons, according to people familiar with the development. He will help in the company’s mission of building consumer-centric digital businesses for deep consumer engagement and their needs across verticals.

Porwal will report to CureFit founder and CEO Mukesh Bansal, who last year in June joined Tata Digital as president, Tata Digital Limited.

The price of ten gram of 24-carat gold increased by Rs 10 on Monday to Rs 52,810, while silver increased by Rs 4,400 per kg to Rs 74,700.

Ten grams of 22-carat gold is selling at Rs 48,410 on Monday.

In Delhi and Mumbai, the price of 10 grams of 24-carat gold stands at Rs 52,810. The price of 10 grams of 22-carat gold in Delhi and Mumbai is Rs 48,410.

Shares of HDFC Bank rose 3 per cent to Rs 1,436.70 on the BSE in Monday’s intra-day trade as the Reserve Bank of India (RBI) lifted restrictions imposed on the private sector lender regarding its business generating activities planned under the Digital 2.0 programme.

In the past one week, HDFC Bank has outperformed the market by gaining 8 per cent, as compared to a 6 per cent rise in the S&P BSE Sensex. However, in the last six months and during a year, it has underperformed by falling 7 per cent and 8 per cent, respectively.

The Trinamool Congress on Sunday constituted a committee to review the party's dismal performance in the recently held assembly elections in Goa, where it drew a blank.

TMC national general secretary Abhishek Banerjee, in a statement, said that the party will convene a series of internal review meetings to introspect its role in Goa.

Ukrainian President Volodymyr Zelenskyy on Monday urged North Atlantic Treaty Organization (NATO) to impose a no-fly zone over his country or see its member states attacked by Russia.

In his virtual address on Monday, Zelenskyy said: I reiterate that if you do not close our sky, it is only a matter of time before Russian missiles fall on your territory, on NATO territory, on the homes of NATO citizens.

Karnataka recorded zero Covid deaths in the last 24 hours, marking the first time since June 5, 2020 that the state has registered no fatalities, according to the Department of Health and Family Welfare.

The Department said that although the Covid case numbers decreased drastically, it took some time for the fatalities to reduce.

Mountainous regions are dotted with tough geographical terrain where quality railways are a blessing to remain connected to the mainland. In Kashmir, the rail route owes its complexity to the dangerous rugged geography of the Himalayas. But the engineering marvel of the Udhampur-Srinagar-Baramulla Railway Link (USBRL) has stunned the nation with its extraordinary approach in building its main - T-49 tunnel in an impossible terrain.

The last few years witnessed slow progress in the project due to the pandemic but with its expert team today tunnel T-49 has surpassed the 11.2-km long Pir Panjal Tunnel on the Banihal-Qazigund section of the Kashmir Railways Project.

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