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Gold price today at Rs 46,940 per 10 gm, silver selling at Rs 61,200 a kg

Gold price today at Rs 46,940 per 10 gm, silver selling at Rs 61,200 a kg

Gold (24 carat) is selling at Rs 46,940 per ten gram on Wednesday in India, up Rs 40 from the previous trade.

Silver is selling at Rs 61,200 per kg, unchanged from yesterday's trading price, according to Good Returns website.

The price of gold jewellery varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges.

NCLT asks Zee Entertainment to file reply to Invesco plea by October 22

NCLT asks Zee Entertainment to file reply to Invesco plea by October 22

The National Company Law Tribunal (NCLT) Mumbai bench directed Zee Entertainment Enterprises Ltd (ZEEL) to file its reply by October 22 to a petition moved by Invesco Developing Markets Funds.

Invesco, the largest shareholder of ZEE, seeks to remove the current MD and CEO, Punit Goenka and appoint six of its directors on the company's board.

Indian troops foil Chinese incursion in Arunachal Pradesh

Indian troops foil Chinese incursion in Arunachal Pradesh

There was a face-off in Arunachal Sector last week between soldiers of India and China as there is a difference in perception of the Line of Actual Control, sources in the defence establishment said.

The engagement between the two sides lasted for a few hours and was resolved as per the existing protocols. There was no damage caused to own defences in the engagement.

Lakhimpur Kheri violence: Minister's son yet to appear before police

Lakhimpur Kheri violence: Minister's son yet to appear before police

Union Minister of State for Home Kumar Ajay Mishra's son Ashish Mishra, who was asked to appear before the police at 10 am on Friday in connection with the Lakhimpur Kheri violence, did not reach the police lines till 10.30 am, sources said.

Deputy Inspector General (Headquarters) Upendra Agarwal who is heading the probe team arrived at the office on time, they said.

Guwahati airport handed over to Adani Group for operations, management

Guwahati airport handed over to Adani Group for operations, management

The Lokpriya Gopinath Bordoloi International Airport in Guwahati was handed over to the Adani Group for operations, management and development responsibilities on Friday.

Beginning the process of developing and modernising the Northeast's foremost airport, the symbolic key of the airport was handed over by Ramesh Kumar, Airport Director of the Airports Authority of India (AAI). to Utpal Baruah, Chief Airport Officer of the new airport operator at an event held midnight, a press statement said.

Piramal Ent dips 5% on profit booking on demerger plan of pharma biz

Piramal Ent dips 5% on profit booking on demerger plan of pharma biz

Shares of Piramal Enterprises were down 5 per cent to Rs 2,727.80 on the BSE in Friday's intra-day trade on profit booking after the company's board approved the demerger of the pharmaceuticals business and simplification of the corporate structure. With today;s fall, the stock has declined 9.5 per cent from its record high level of Rs 3,013 touched in Thursday's intra-day trade.

Piramal Enterprises has approved the restructuring of its business to demerge its financial services and pharmaceuticals businesses into two separate listed entities.

Energy exchange jumps 180% this year as India battles coal crisis

Energy exchange jumps 180% this year as India battles coal crisis

A bourse with a near monopoly in electricity trading in India is drawing attention as a severe coal crisis and the government’s intent to push ahead with reforms change dynamics in the nation’s power sector.

Shares of Indian Energy Exchange Ltd., whose platform is increasingly being accessed by power producers, distributors and corporates for their short-term energy needs, have soared 181% so far this year.

Tata Motors surges 12% on brokerage upgrade, strong business outlook

Tata Motors surges 12% on brokerage upgrade, strong business outlook

Shares of Tata Motors rallied 12 per cent, hitting a fresh three-year high at Rs 376.4 on the BSE on Thursday on expectation of a strong business outlook. The stock was trading at its highest level since April 2018. It surpassed its previous high of Rs 360.65 touched on June 15.

This came after brokerage Morgan Stanley upgraded Tata Motors to an overweight rating from equal-weight and raised its target price to Rs 448 from Rs 298 earlier.

Reliance Retail Ventures brings 7-Eleven to India after Future exit

Reliance Retail Ventures brings 7-Eleven to India after Future exit

Reliance Retail Ventures (RRVL), the country’s largest retailer with over 12,800 active stores, is all set to enter the fast-growing convenience store segment after it struck a crucial franchisee deal with American major 7-Eleven, Inc (SEI).

Days after 7-Eleven’s franchise deal with Future Retail (FRL) fell through, RRVL grabbed the master franchisee for the Dallas-based convenience brand for the India market, paving the way for its foray into the space.

PM Modi to launch industry body Indian Space Association on Monday

PM Modi to launch industry body Indian Space Association on Monday

Prime Minister Narendra Modi will launch the Indian Space Association, a grouping of space and satellite companies, at a virtual event on October 11, the industry body said on Thursday.

Indian Space Association (ISpA) represents homegrown and global corporations with advanced capabilities in space and satellite technologies.

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