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Maruti Suzuki sales decline 46% to 86,380 units in September

Maruti Suzuki sales decline 46% to 86,380 units in September

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.

Gautam Adani now Asia's second richest, earns Rs 1,000 crore daily

Gautam Adani now Asia's second richest, earns Rs 1,000 crore daily

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.

State Bank of India rejects AP government's Rs 6,500 crore overdraft

State Bank of India rejects AP government's Rs 6,500 crore overdraft

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).

NTPC REL signs first green term loan pact of Rs 500 cr with Bank of India

NTPC REL signs first green term loan pact of Rs 500 cr with Bank of India

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.

SC collegium recommends 16 names for elevation as judges of 4 HCs

SC collegium recommends 16 names for elevation as judges of 4 HCs

The Supreme Court collegium, headed by Chief Justice of India (CJI) N V Ramana, has recommended 16 names for elevation as judges of the high courts of Bombay, Gujarat, Orissa and Punjab and Haryana.

In its meeting held on Wednesday, the collegium approved the proposal for elevation of 16 names -- six judicial officers and 10 advocates as judges of these four high courts.

Plasma diagnostic lab in Patna involved in selling fake RTPCR reports

Plasma diagnostic lab in Patna involved in selling fake RTPCR reports

Patna police have raided a plasma diagnostic lab and seized a large number of fake RT-PCR Covid-19 reports, police said.

The officials of health department and a team of Shastri Nagar police station raided the lab in Raja Bazaar on Wednesday evening after a complaint was lodged by the airport authority of Patna.

Decision on Bharat Biotech's Covaxin EUL in October, says WHO

Decision on Bharat Biotech's Covaxin EUL in October, says WHO

A decision on Bharat Biotech's submission seeking emergency use listing (EUL) for its Covaxin COVID-19 vaccine will be made in October, the World Health Organisation has said.

The status of assessment for Covaxin is ongoing. Bharat Biotech had submitted EOI (Expression of Interest) on April 19 for its vaccine.

India records 23,529 new coronavirus cases, 311 additional deaths

India records 23,529 new coronavirus cases, 311 additional deaths

India recorded a single-day rise of 23,529 COVID-19 cases on Thursday, taking its infection tally to 3,37,39,980, while the count of active cases dipped to 2,77,020, the lowest in 195 days, according to Union Health Ministry data.

The death toll due to the disease has climbed to 4,48,062 with 311 daily fatalities being recorded, according to the data updated at 8 am.

AstraZeneca to seek US approval for Covid-19 vaccine later this year

AstraZeneca to seek US approval for Covid-19 vaccine later this year

The pharmaceutical company AstraZeneca will file a request for approval of its novel coronavirus vaccine in the US later this year, the company said in a statement.

Earlier this year, concerns emerged over the side effects of the AstraZeneca vaccine due to very rare cases of blood-clotting after vaccination. After some nations temporarily suspended the use of the vaccine, the WHO said it considers the benefits of the drug to outweigh its risks.

IDBI Bank hits 52-week high, rallies 24% in 4 days on rating upgrade

IDBI Bank hits 52-week high, rallies 24% in 4 days on rating upgrade

Shares of IDBI Bank rallied for the fourth straight session to hit a fresh 52-week high of Rs 48.75 on the BSE. With a rise of 8.5 per cent in the intra-day session on Thursday, the stock has gained nearly 24 per cent in the last four days following a revision in ratings by ICRA. The company on September 27 informed exchanges that the rating agency has upgraded the bank's existing ratings while keeping the outlook stable.

At 10.50 am, the stock was up 5.5 per cent at Rs 47.40 on the BSE as against a fall of 0.03 per cent in the S&P BSE Sensex.

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