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Global Coronavirus cases cross 253.8 mn, deaths surge past 5.1 mn

Global Coronavirus cases cross 253.8 mn, deaths surge past 5.1 mn

The global coronavirus caseload has topped 253.8 million, while the deaths have surged to more than 5.10 million and vaccinations to over 7.49 billion, according to the Johns Hopkins University.

In its latest update on Tuesday morning, the University's Center for Systems Science and Engineering (CSSE) revealed that the current global caseload, death toll and the total number number of vaccine doses administered stood at 253,807,313, 5,106,530 and 7,492,843,205, respectively.

Policybazaar surges 16% after strong debut, up 43% against issue price

Policybazaar surges 16% after strong debut, up 43% against issue price

Shares of PB Fintech, the parent company of Policybazaar, rallied another 16 per cent to Rs 1,397 on the National Stock Exchange (NSE) in Tuesday’s intra-day trade after a strong market debut on Monday. With today’s rally, the stock has surged 43 per cent against its issue price of Rs 980 per share.

A sharp rally in market price of the company has helped PB Fintech enter the top-100 most valuable companies in terms of market capitalisation (market-cap).

Currently investigating use of platform for sourcing marijuana, says Amazon

Currently investigating use of platform for sourcing marijuana, says Amazon

E-commerce major Amazon India on Monday said it is currently investigating an issue, wherein its platform was allegedly used to source marijuana.

On Saturday, an online marijuana sale racket was busted by Bhind police in Madhya Pradesh, leading to the arrest of two persons and seizure of 20 kilograms of the contraband, according to an official.

US health agency eases Covid-19 travel advisory for India, Pakistan

US health agency eases Covid-19 travel advisory for India, Pakistan

The US Centers for Disease Control and Prevention (CDC) has issued a 'Level One' COVID-19 notice for Americans travelling to India, saying the risk of contracting the infection and developing severe symptoms may be lower if one is fully vaccinated.

The travel health notice has also been issued for Pakistan.

Delhi air 'very poor' as centre, states hold emergency meeting on SC order

Delhi air 'very poor' as centre, states hold emergency meeting on SC order

Toxic air shrouded Delhi and cities nearby on Monday as state governments meet later to consider ways to curb the pollution, scrambling after the Supreme Court recommended urgent restrictions on vehicle movement and industrial activities in and around the capital.

Delhi's Air Quality Index (AQI) was 331--'very poor'--at 8 am on Tuesday, 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'.

India Inc records 221 M&A deals worth $9.2 bn in Oct, highest since 2015

India Inc records 221 M&A deals worth $9.2 bn in Oct, highest since 2015

India Inc has witnessed 221 M&A deals amounting to $9.2 billion in October 2021, which is the highest since 2015.

According to Grant Thornton Bharat Dealtracker, October has seen an 11 per cent increase in deal activities as compared to September 2021. It said that the deal volumes have doubled on a YoY basis.

Japan to start administering Covid vaccine booster doses from Dec 1

Japan to start administering Covid vaccine booster doses from Dec 1

A panel of the Japanese Health Ministry has approved administering booster shots of the Covid-19 vaccine from December 1.

The Pfizer-BioNTech Covid-19 vaccine will initially be the only one used for the third doses, reports Xinhua news agency citing the panel as saying on Monday.

Gold price today at Rs 47,930 per 10 grams; silver at Rs 66,400 a kg

Gold price today at Rs 47,930 per 10 grams; silver at Rs 66,400 a kg

The price of ten gram of 24-carat gold on Tuesday decreased by Rs 360 to Rs 48,930 from Monday's trading price. The price of silver decreased by Rs 800 per kg to Rs 66,400, according to goodreturns.in.

In Delhi, the rate of 24-carat gold stands at Rs 52,620 and in Mumbai it is Rs 48,930. The price of ten gram of 22-carat gold in Delhi and Mumbai is Rs 48,250 and Rs 47,930.

May consider converting interest dues to equity: Voda Idea CFO Moondra

May consider converting interest dues to equity: Voda Idea CFO Moondra

Debt-ridden telecom operator Vodafone Idea is evaluating the option of converting interest dues arising out of the deferment of statutory payments into equity, a senior company official said on Monday.

The company is also in talks with banks and investors for raising funds and part of the proceeds is likely to be utilised towards meeting obligations related to debt maturing this fiscal, Vodafone Idea Limited (VIL) Chief Financial Officer Akshay Moondra said during the company's earning call.

Reliance vs Amazon fight makes for a cranky board at Future Retail

Reliance vs Amazon fight makes for a cranky board at Future Retail

Two of the world’s richest men, fighting over a near-bankrupt Indian retailer, have made so much noise that its board has woken up super cranky. In less than a week, the three independent directors of Future Retail Ltd. have shot off two letters to the country’s competition authority, alleging that Amazon.com had deliberately misled the regulator about the true nature of its 2019 investment in a related entity. They want the antitrust watchdog to cancel the transaction.

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