Shares of Indian Railway Catering and Tourism Corporation (IRCTC) hit a new high of Rs 2,490 on the BSE as they rallied 7 per cent in the intra-day trade on Monday after the company announced stock split plan. The stock surpassed its previous high of Rs 2,479.45, touched on July 20, 2021.

The board of directors of the Company is scheduled to meet on August 12, 2021 to recommend the proposal for sub-division of Company's equity shares of face value of Rs 10 each and matters related thereto, subject to the approval of Ministry of Railways, Government of lndia and shareholders, IRCTC said in an exchange filing on Friday, post market hours.

Edtech startup Unacademy said Monday it has raised $440 million in a funding round led by Temasek and General Atlantic, Tiger Global, and Softbank Vision Fund pitching in as other participants.

The latest fundraise takes the valuation of Unacademy Group to $3.44 billion. This is up from $2 billion valuation in November last year.

Bajaj Auto on Monday reported 44 per cent jump in its total sales at 3,69,116 units in July 2021.

The company had sold 2,55,832 units in the same month a year ago.

Domestic sales in July this year were at 1,67,273 units as against 1,58,976 units, up 5 per cent, Bajaj Auto said in a regulatory filing.

After constant questions regarding Uttar Pradesh's, India's most populous state, vaccination drive, the Centre commented on the same on Friday. The Centre was clarifying regarding media reports that claimed that it will take three years for Uttar Pradesh to fully vaccinate its population against COVID-19.

Issuing a clarification, the Ministry of Health and Family Welfare called the news report 'misleading'. The ministry said that the report uses the average daily vaccination rate from the beginning of the vaccination drive to show a low rate which is not accurate.

The twelfth round of top commanders-level talks between India and China are underway at Moldo on the Chinese side in the Ladakh region on Saturday.

The talks are happening after a gap of three months. Indian military delegates are discussing disengagement at friction areas like Hot Springs, Gogra and 900 square km Depsang plains.

Budget passenger carrier SpiceJet will launch 16 new flights from August.

Accordingly, they will add Bhavnagar in Gujarat to its domestic network. Bhavnagar will now be connected to Delhi, Mumbai and Surat with direct flights starting August 20.

Political strategist Prashant Kishor is close to firming up ties with the Congress ahead of the Assembly polls in five states scheduled for next year.

Kishor has met Congress leader Rahul Gandhi at least thrice in the last one week and discussed the revival of Congress, according to sources.

The union territory of Andaman and Nicobar Islands reported only a single COVID-19 case in the last 24 hours, pushing the tally to 7,535, a health official said on Saturday.

The archipelago now has eight active COVID-19 cases and all the eight patients are in the South Andaman district. The other two districts - North and Middle Andaman and Nicobar - are now COVID-19 free as both don't have any active case, the official said.

With a single-day rise of 41,649 new cases, India's COVID-19 tally climbed to 3,16,13,993 on Saturday, while the death toll due to the viral disease shot up to 4,23,810 with 593 more people succumbing to it, the Union health ministry said.

The number of active coronavirus cases in the country registered an increase for the fourth consecutive day, according to the ministry's data updated at 8 am.

Markets regulator Sebi on Friday extended timelines for compliance with certain regulatory requirements by stock brokers, clearing members and KYC registration agencies in view of the coronavirus pandemic.

The deadline for maintaining call recordings of orders or instructions received from clients has been extended by one month till September 30, the Securities and Exchange Board of India (Sebi) said in a circular.

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