Industrial gas manufacturer MVS Engineering has sought the government's intervention to ensure smooth supply of zeolite molecular sieves, a key component for the production of medical oxygen.

New Delhi-based MVS Engineering is a leader in industrial gas systems in India. The company has installed 40 PSA oxygen plants across the country within a year.

RattanIndia Power Ltd on Monday said it has repaid Rs 1,219 crore debt in the last 15 months, including Rs 200 crore prepayment, despite the challenges posed by the COVID-19.

During the last 15 months, RPL has repaid the debt of Rs. 1,219 crore to lenders, including Rs 200 crores as prepayment, even in the face of challenges posed by the pandemic, the company said in a BSE filing.

Amara Raja Batteries Ltd (ARBL) on Monday announced energy and mobility as its strategic focus going forward to capitalise on emerging opportunities.

It announced expansion of lead acid batteries business and establishment of a new energy strategic business unit encompassing lithium cell and battery pack, EV chargers, energy storage systems, advanced home energy solutions and related products and services.

Tata Motors on Monday said its board has approved a proposal to raise up to Rs 500 crore through the issue of securities on a private placement basis.

A meeting of the duly authorised committee has approved subscription, on a private placement basis, up to 5,000 rated, listed, unsecured, redeemable, non-convertible debentures (NCDs) of face value Rs 10 lakh each, aggregating up to Rs 500 crore, the auto major said in a regulatory filing.

Bangladesh has registered its highest number of single-day Covid-19 fatalities in more than a month, increasing the overall death toll to 13,118, according to health authorities.

On Sunday, Directorate General of Health Services (DGHS) reported 47 new coronavirus fatalities, marking the highest number of daily deaths since May 9, reports Xinhua news agency.

With 70,421 new COVID-19 infections in the last 24 hours, India maintained its declining trend of cases and reported the lowest single-day COVID-19 rise in 74 days, informed the Union Ministry of Health and Family Welfare said on Monday.

With this, the total cases have reached 2,95,10,410, and the daily positivity rate stands at 4.72 per cent, which is less than 10 per cent for the 21st consecutive day.

The price for 22-carat gold on Monday inched lower to Rs 47,730 for 10 gm from Rs 47,880 on Friday. Silver was at Rs 72,300 per kg, according to the Good Returns website.

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

As the Delhi government announced further restrictions in lockdown norms on Sunday, Delhi Metro officials said services will continue with 50 per cent seating capacity only as per guidelines to prevent the spread of COVID-19.

The Delhi Metro had resumed services on June 7 after a hiatus of four weeks in view of the improved Covid situation in the national capital, albeit with 50 per cent seating capacity and no provision for standing travel for commuters.

The overall global Covid-19 caseload has topped 174.7 million, while the deaths have surged to more than 3.78 million, according to the Johns Hopkins University.

In its latest update on Saturday morning, the University's Center for Systems Science and Engineering (CSSE) revealed that the current global caseload and death toll stood at 175,181,504 and 3,780,592, respectively.

Malaysian palm oil futures fell 4.8 per cent on Friday to post their biggest drop in nearly a month due to technical selling after the contract broke support. The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange ended lower for a fifth consecutive session, falling 4.8 per cent to 3,658 ringgit ($890.89) a tonne, its biggest intraday drop since May 17.

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