A bourse with a near monopoly in electricity trading in India is drawing attention as a severe coal crisis and the government’s intent to push ahead with reforms change dynamics in the nation’s power sector.

Shares of Indian Energy Exchange Ltd., whose platform is increasingly being accessed by power producers, distributors and corporates for their short-term energy needs, have soared 181% so far this year.

Shares of Tata Motors rallied 12 per cent, hitting a fresh three-year high at Rs 376.4 on the BSE on Thursday on expectation of a strong business outlook. The stock was trading at its highest level since April 2018. It surpassed its previous high of Rs 360.65 touched on June 15.

This came after brokerage Morgan Stanley upgraded Tata Motors to an overweight rating from equal-weight and raised its target price to Rs 448 from Rs 298 earlier.

Reliance Retail Ventures (RRVL), the country’s largest retailer with over 12,800 active stores, is all set to enter the fast-growing convenience store segment after it struck a crucial franchisee deal with American major 7-Eleven, Inc (SEI).

Days after 7-Eleven’s franchise deal with Future Retail (FRL) fell through, RRVL grabbed the master franchisee for the Dallas-based convenience brand for the India market, paving the way for its foray into the space.

Prime Minister Narendra Modi will launch the Indian Space Association, a grouping of space and satellite companies, at a virtual event on October 11, the industry body said on Thursday.

Indian Space Association (ISpA) represents homegrown and global corporations with advanced capabilities in space and satellite technologies.

Two people were arrested Thursday and Union minister Ajay Mishra's son asked to appear before police in connection with the Lakhimpur Kheri violence in which eight people were killed. Ashish Mishra, the minister's son who was booked for murder, has been asked to present himself before police at 10 am on Friday, a notice said.

Police identified the two arrested men as Luvkush of Banbirpur village and Ashish Pandey of Nighasan tehsil. They were earlier being questioned by police.

The UK government on Thursday added India to its vaccine-eligible countries list, which would mean vaccinated Indians will no long be required to quarantine on arrival from October 11.

Eligible travellers vaccinated in over 37 new countries, including India and Pakistan, will be treated the same as returning fully vaccinated UK residents, so long as they have not visited a red list country or territory in the 10 days before arriving in England, the Department for Transport said.

Reiterating her demand for removal of Minister of State (MoS) for Home Ajay Mishra Teni from the Union council of Ministers over the Lakhimpur Kheri incident, Congress general secretary Priyanka Gandhi Vadra on Thursday said that justice has not been served yet and she will continue to fight for it.

Justice is a right in a democracy and justice is not served yet. Every eyewitness has identified MoS Home's son and had said that he was involved in the matter. The Union minister needs to resign to ensure an unbiased investigation, she told media persons here.

People in the national capital breathe the "worst" air between November 1 and November 15 every year, an analysis of data collated by the Delhi Pollution Control Committee (DPCC) over the last five years showed.

The capital's average PM2.5 level oscillates between very poor and severe categories from October 16 to February 15.

Shares of Chambal Fertilisers & Chemicals, Atul, Firstsource Solutions (FSL), Whirlpool of India and four others were in demand on the bourses on Thursday after the exchange announced inclusion of these stocks in the futures & options (F&O) or derivative segment from October 29, 2021. These shares rallied by up to 10 per cent on the National Stock Exchange (NSE) in the intra-day trade today.

SBI Cards and Payment Services (SBI Card), Laurus Labs, Birla Soft and Gujarat State Petronet, meanwhile, advanced between 3.5 per cent and 5 per cent on the NSE.

Shares of Tata Motors rallied 10 per cent, hitting a fresh three-year high at Rs 368.25 on the BSE in Thursday’s intra-day trade on expectation of strong business outlook. The stock of Tata Group, a commercial vehicle company, was trading at its highest level since April 2018. It surpassed its previous high of Rs 360.65 touched on June 15, 2021.

The brokerage firm Morgan Stanley has upgraded Tata Motors with an overweight rating from equal-weight and raised target price to Rs 448 from Rs 298 earlier.

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