Food delivery firm Swiggy (Bundl Technologies) said it has decided to change its daily grocery delivery service Supr Daily’s organisational structure to a Business Unit (BU) within Bundl. This will help Supr deal with with the unfair advantages that Swiggy has access to and accelerate its journey.

Over the last 15 months, Swiggy CEO Sriharsha Majety said it has made some exciting progress on its food delivery business. We’re now comfortably surpassing our pre-covid peak, while also being on the path to overall profitability, said Majety in a blog post.

State-backed Life Insurance Corp of India (LIC) is seeking to appoint a chief financial officer, according to a notification on its website, ahead of an initial public offering slated before the end of the fiscal year.

The move to hire a CFO follows a decision to re-designate LIC's top job to chief executive officer from chairman earlier this year.

Shares of state-owned electric utilities company NTPC registered a fresh 52-week high at Rs 132.10, up 4 per cent on the BSE in Tuesday’s intra-day trade after the company confirmed the winning of 1.9 GW solar projects under Central Public Sector Undertaking (CPSU) scheme.

The stock surpassed its previous high of Rs 127 hit on September 24, 2021. In past one month, the stock has rallied 16 per cent, as compared to 7 per cent rise in the S&P BSE Sensex.

Shares of Tejas Networks were locked in the upper circuit of 5 per cent for the fourth straight session on Tuesday at Rs 480.10 on BSE after Bharti Airtel selected the company for optical network expansion.

The stock the telecom services company was trading at its all-time high level and has rallied 22 per cent during the period. Till 09:49 am, a combined 330,000 shares had changed hands on the counter and there were pending buy orders for 340,000 shares on the NSE and BSE combined. In comparison, the S&P BSE Sensex was down 0.05 per cent at 60,048 points.

Shares of Paisalo Digital hit a record high at Rs 930.50, up 5 per cent on the BSE in Tuesday’s intra-day trade after the company said it entered into a business correspondent agreement with state-owned banking giant State Bank of India (SBI) to provide services of business correspondent. The stock of the non-banking finance company surpassed its previous high of Rs 877 touched on March 1, 2021.

At 09:45 am; the stock was up 2.6 per cent at Rs 907.60 on the BSE, as compared to 0.1 per cent decline on the S&P BSE Sensex.

The number of fresh coronavirus cases in India was recorded at below 20,000 (18,795) after 201 days on Tuesday, taking the country's COVID-19 tally to 3,36,97,581, while the number of active cases declined to 2,92,206, the lowest in 192 days, according to the Union health ministry.

A total 18,795 fresh Covid cases were registered in a span of 24 hours, while the death toll due to the viral disease climbed to 4,47,373 with 179 more fatalities, the lowest in 193 days, according to the ministry's data updated at 8 am.

Haryana government on Monday extended the ban on the sale and manufacture of gutkha and pan masala for one year.

The state Food and Drugs Administration has issued a notification in this regard, under which the sale and purchase of tobacco products have been prohibited for a year from Sept 7, 2021.

Several trains were cancelled, highways and key roads blocked and many thousands stranded for hours on Monday as a nationwide 10-hour shutdown against the Centre’s three agri laws disrupted lives across parts of India, particularly in the north.

The 6 am to 4 pm Bharat Bandh, which saw demonstrations and rallies in many places, passed off relatively peacefully with no reports of injuries or serious clashes.

Expressing support for protesting farmers, Congress leader Rahul Gandhi on Monday said the farmers' non-violent 'satyagraha' is still resolute but the exploitative government does not like this and that is why a 'Bharat Bandh' has been called.

The Congress has asked its workers, state unit chiefs and heads of frontal organisations to take part in the 'Bharat Bandh' called by farmer unions to protest against the Centre's three agri laws.

State-run Indian Oil Corporation (IOC) and its subsidiary, Chennai Petroleum Corporation (CPCL), have started working on the Rs 31,580-crore refinery project at Nagapattinam in Tamil Nadu.

While both the companies will hold 25 per cent each in the proposed 9 million tonne per annum (MTPA) refinery, the remaining 50 per cent will be held by a strategic or financial partner, for which talks are already on.

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