After prolonged negotiations, Singapore government-owned investment firm Temasek is nearing a deal to acquire a 10 per cent stake in the consumer products firm Haldiram Snacks Foods, valued at $10 billion, from the promoters.

Both the Agrawal family — the promoters of Haldiram Snacks Foods — and Temasek have signed a term sheet for the deal, Moneycontrol reported on Tuesday.

Hours after two cases of Human Metapneumovirus (HMPV) were reported in Bengaluru, one more case was detected in Gujarat on Monday. This takes the tally to three cases in the country. A two-year-old child was reported to be infected from Chandkheda's area of Ahmedabad. The child, from Rajasthan, was admitted to a private hospital in Chandkheda after showing symptoms of cold and cough. The child is stable now, reports quoted civic officials as saying.

Delhi government on Monday directed all the hospitals in the capital to remain fully prepared to manage a potential surge in respiratory illnesses following the detection of two cases of Human Metapneumovirus (HMPV) in Karnataka.

In a directive marked "Most Urgent", Delhi Health Minister Saurabh Bharadwaj instructed the health and family welfare department to closely monitor the situation, and remain in constant touch with the Union health ministry for timely updates.

Pharma major Cipla announced the launch of CipAir, a mobile application designed to facilitate the first line of screening for asthma in India. This app aims to empower users by helping them understand their likelihood of having asthma, therefore enabling timely intervention and management, the company said in a press release on Monday.

Power transmission solution provider Sterlite Grid 32 Ltd (SGL32) on Monday announced securing Rs 2,450 crore through listed non-convertible debentures (NCDs) to refinance its Mumbai Urja Marg Ltd project.

The National Bank for Financing Infrastructure and Development (NaBFID) and India Infrastructure Finance Company Limited (IIFCL) have emerged as the successful bidders to the NCDs that have been listed on the Bombay Stock Exchange (BSE), according to a statement.

The Supreme Court on Monday transferred to Karnataka High Court all cases alleging malpractices by e-commerce giants Amazon and Flipkart. The order came on a plea filed by the Competition Commission of India (CCI), which sought to consolidate all 24 cases pending across various high courts against Amazon and Flipkart.

During the hearing, a bench of Justice Abhay S Oka and Justice Ujjal Bhuyan said if pleadings in some of the transferred petitions were not completed, the judge seized of the matter would grant reasonable time to complete the pleadings.

An eight-month-old child in Bengaluru tested positive for the Human Metapneumovirus (HMPV), a virus that was confirmed during routine blood tests amid rising respiratory illness cases in China.

The Karnataka Health Department has not given any confirmation, but Department sources informed Zee News that they will send samples to Pune to find out which variant of the virus.

After Prime Minister Narendra Modi likened AAP to 'aapda' for Delhi, the BJP on Friday doubled down on the Arvind Kejriwal-led party, saying it has become the "biggest burden and liability" on the people of Delhi.

The Aam Aadmi Party (AAP) is nothing more than a "newer version of the Congress", senior BJP leader Rajeev Chandrasekhar charged at a press conference here at the party headquarters.

The Securities and Exchange Board of India (Sebi) has warned investment banking firm JM Financial for certain lapses in due diligence during the initial public offering (IPO) of Western Carrier (India).

The administrative warning, dated January 1, points out that the book-running lead managers (BRLMs) failed to exercise due diligence, as the shortfall in authorised share capital of the company came to notice only after the issue opened for subscription.

Design-led technology services provider Tata Elxsi on Friday said it plans to work with Qualcomm Technologies to accelerate the adoption of Software-defined Vehicle (SDV) for next-generation mobility, leveraging Qualcomm's Snapdragon automotive platform.

Under this, the company said, it aims to utilise the Snapdragon Digital Chassis Virtual System-on-chips (VSoCs) to help revolutionise the SDV development process, enabling R&D teams to accelerate software development and validation.

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