In a bid to strengthen its footprint in the renewable space, particularly solar energy, state-owned Oil and Natural Gas Corporation (ONGC) on Thursday signed an agreement with Solar Energy Corporation of India (SECI) to scale up its clean energy projects.

The Memorandum of Understanding (MoU) was signed by ONGC Chairman and Managing Director Subhash Kumar and SECI Managing Director Suman Sharma, a company statement said.

Jet Airways, which is preparing to relaunch operations next year, on Friday said it is in "advanced discussions" with Boeing and Airbus for buying and leasing planes.

The grounded airline has been acquired by Murarilal Jalan-Kalrock Capital consortium under the insolvency resolution process.

The omicron variant of COVID-19, which had been undetected in the US before the middle of this week, had been discovered in at least five states by the end of Thursday, showing yet again how mutations of the virus can circumnavigate the globe with speed and ease.

Just a day after the first known US case was found in California, tests showed the omicron variant had infected at least five people in the New York City metropolitan area, plus a man from Minnesota who had attended an anime convention in Manhattan in late November.

With 9,216 coronavirus infections being reported in a day, the country's total tally of COVID-19 cases rose to 3,46,15,757, while the active cases increased to 99,976, according to the Union Health Ministry data updated on Friday.

The death toll climbed to 470,115 with 391 fresh fatalities, according to the data updated at 8 am.

Delhi's air was toxic on Friday as the state closed schools after the Supreme Court gave the Centre and the state a 24-hour deadline to fix a pollution crisis that has lasted weeks now.

The Air Quality Index (AQI) was 385 --'very poor'-- at 8 am, according to the state-run System of Air Quality and Weather Forecasting And Research (SAFAR). Readings below 50 are considered safe, while anything above 300 is considered hazardous or 'severe'.

The price of 10 gram of gold decreased by Rs 540 on Friday: 24-carat is trading at Rs 47,580 and 22-carat at Rs 46,580.

The price of 1 kg of silver decreased by Rs 1000 with the precious metal trading at Rs 60,700 on Friday.

Billionaire Gautam Adani’s coal mine in Australia, a project that’s become a global emblem for opposition to fossil fuels, is preparing to begin exports after more than a decade of bitter dispute over its development.

Proposed in 2010 and stalled by legal challenges, financing setbacks and a sustained campaign from climate activists, the operation is scheduled to ship first cargoes before the end of December and aims to supply an initial 10 million tons of thermal coal annually for at least 30 years.

E-commerce firm Flipkart is merging its ‘Customer & Marketing Org’ with ‘Growth & Monetisation Org’ to create a singular Flipkart Growth charter under senior company executive Prakash Sikaria, said CEO Kalyan Krishnamurthy in a letter addressed to the employees.

Sikaria, who is Senior Vice President - Growth and Monetization, Flipkart, has been with the firm since 2015, and during his time with the company, he has created a significant impact by pioneering and launching impactful initiatives such as Ads, Plus, Supercoins, Games, Video, Travel and social commerce platform Shopsy.

Maruti Suzuki India, the country's largest carmaker, on Thursday said it is planning to increase vehicle prices from January next year to offset the impact of the rise in input costs.

The price increase would vary from model to model, the auto major said, without sharing the details.

A structural slowdown facing the world’s largest two-wheeler market has changed the equations in the segment, with Bajaj Auto emerging as the largest motorcycle maker in November, zipping past market leader Hero MotoCorp.

The Pune-based firm sold a total of 337,962 units in November in the domestic and exports market against the 329,185 units sold by Hero MotoCorp, shows the monthly sales data released by the companies on 1 December.

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