DMart operator Avenue Supermarts on Saturday reported 132% jump in standalone net profit at Rs 115 crore for the June quarter. It was Rs 50 crore in the year-ago period.

Total revenue rose 31% to Rs 5,032 crore as compared to Rs 3,833 crore in June 2020.

Prime Minister Narendra Modi is scheduled to chair a meeting with the Council of Ministers on Wednesday (July 14), said sources.

This will be PM Modi's second meeting with the Council of Ministers after the Union Cabinet reshuffle on July 7.

India has logged 42,766 new coronavirus infections taking the total tally to 3,07,95,716, while the active cases have declined to 4,55,033, according to the Union Health Ministry data updated on Saturday.

The death toll has climbed to 4,07,145 with 1,206 fresh fatalities.

Mexico is entering its third wave of the coronavirus pandemic, as infections rose by 29% compared to the previous week.

But the country's health department said Friday the growth is largely coming from infections among younger, less vulnerable people. Case numbers are now as high as the beginning of the last surge in September; that wave peaked in January and steadily declined until June.

In its latest attempt to sanitise its platforms, Facebook has purged 5,381 malicious accounts, Groups and Pages from its main network and Instagram.

In June, the company removed eight networks from seven countries. The vast majority of these campaigns targeted people in their own countries.

Leading milk supplier Mother Dairy has increased milk prices in Delhi-NCR and other cities by Rs 2 per litre with effect from Sunday due to higher input costs.

It had last raised the milk prices in December 2019.

From July 1, Amul had hiked its milk prices by Rs 2 per litre.

Drug firm MSN Laboratories on Friday said it has entered into a licence agreement with the Defence Research & Development Establishment (DRDE) for the manufacturing, distribution and marketing of 2-Deoxy-D-Glucose (2-DG), used for the treatment of COVID-19.

Developed by DRDO, 2-DG has been granted permission by the Drug Controller General of India (DCGI) for emergency use as adjunct therapy in moderate to severe COVID-19 patients, MSN Labs said in a statement.

Largest software exporter TCS will be hiring more than 40,000 freshers from campuses in the country in the financial year 2021-22 , a top executive said on Friday.

The company, the largest employer in the private sector with a base of over 5 lakh employees, had hired 40,000 graduates from campuses last year and will do better on that number, its chief of global human resources Milind Lakkad told reporters here.

Maharashtra and Kerala recorded more than half of the COVID-19 cases registered in India last week, the Centre said on Friday as it stressed that the pandemic is far from over and there is no room for complacency.

In a press conference, a senior official said, The country is still dealing with the second wave and we need to introspect if we can afford misplaced belief that COVID-19 is over.

Tamil Nadu Chief Minister M K Stalin has convened a consultative meeting on July 12, of all parties with representation in the Assembly, to discuss the Mekedatu dam issue.

Pitching a united front, the government said on Friday that the proposed meet is to reflect the unanimous views of all sections in Tamil Nadu to protect the interests of farmers.

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