The finance ministry has invited applications to appoint the next chairman of the Securities and Exchange Board of India (Sebi) to succeed Ajay Tyagi, whose five-year term comes to an end in February.

Tyagi, a 1984 batch IAS officer of Himachal Pradesh cadre, was appointed as Sebi chairman on March 1, 2017, for a period of three years. Subsequently, he was given a six-month extension and later in August 2020, tenure was extended by 18 months.

PB Fintech, the parent company of online insurance aggregator Policybazaar, has mopped up Rs 2,569 crore through allocation to anchor investors. The company said in a BSE filing late on Friday that the anchor investor (AIs) portion in the public issue of 26,218,079 equity shares has been subscribed at Rs 980 apiece.

Moreover, 33.5 per cent of the total allocation to anchor investors was made to 18 domestic mutual funds through 69 mutual fund schemes.

JioPhone Next -- the new smartphone from Reliance Jio and Google, priced at Rs 6,499 -- will be on the market from Diwali. The 4G-enabled phone will be available on an upfront payment of Rs 1,999 and equated monthly instalments (EMIs) of Rs 300-600 over the next 18-24 months.

Customers choosing the instalment option will get free daily or monthly data and unlimited voice calls, depending upon their EMIs.

With 14,348 people testing positive for coronavirus in a day, India's total tally of COVID-19 cases rose to 3,42,46,157, while the active cases were recorded at 1,61,334, according to the Union Health Ministry data updated on Friday.

The death toll climbed to 4,57,191 with 805 fresh fatalities, according to the data updated at 8 am.

Petrol and diesel prices increased for the third consecutive day to touch record high levels across the country.

With a hike of 35 paise a litre, the price of petrol in Delhi rose to its highest-ever level of Rs 108.64 a litre. The price of diesel also saw a hike by 35 paise and took the fuel's rate to Rs 97.37 per litre in the national capital.

Prime Minister Narendra Modi has left New Delhi to attend the G20 Summit to be held in Rome on Friday.

Prime Minister Modi will pay tribute to Mahatma Gandhi on his first day of arrival in Rome. He will also call on Pope Francis in the Vatican during his two-day visit.

The Prime Minister will be visiting Rome and the Vatican City from October 29 to 31 on the invitation of Italian Prime Minister Mario Draghi.

President Ram Nath Kovind will inaugurate a housing scheme for economically weaker sections (EWS) at Bhavnagar today.

The President will also visit Shree Chitrakutdham Ashram today.

A press release issued by the President's secretariat on Wednesday said, The President of India, Shri Ram Nath Kovind will visit Gujarat from October 28 to 30, 2021.

The Delhi Police on Thursday night started removing roadblocks placed at the Tikri border point where farmers have been protesting against the Centre's three farm laws, with sources indicating that one carriageway of the road will open in the coming days.

The move comes days after a Supreme Court hearing that saw farmer unions arguing that the police were responsible for the blockade at the Delhi borders.

The daily COVID-19 count in West Bengal on Thursday maintained an upward trend that began since Durga Puja celebrations with the metropolis and its neighbouring districts recording bulk of the cases, according to state Health department data.

As many as nine people died during the day, taking the coronavirus death toll in the state to 19,105, the West Bengal health bulletin said.

Shares of CarTrade Tech dropped 7 per cent and registered a new low at Rs 1,153 on the BSE in Friday’s intra-day trade after the company reported a net loss for the second straight quarter of current fiscal. CarTrade Tech operates online platforms for buying and selling of vehicles. This is the first quarterly results announcement by the company which recently concluded its initial public offer (IPO).

The stock was quoting at its lowest level since its listing on Friday, August 20, 2021. With today’s fall, the market price of CarTrade Tech has declined 29 per cent from its issue price of Rs 1,618 per share.

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