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Pokarna surges 16% in a weak market; hits over 3-year high

Pokarna surges 16% in a weak market; hits over 3-year high

Pokarna shares, on Thursday, surged 16 per cent and hit an over three-year high of Rs 266.50 in intra-day trade on the BSE after Pokarna Engineered Stone Limited (PESL), a wholly-owned subsidiary of the company, announced the commencement of commercial operations of its second state-of-the-art quartz surface manufacturing facility in the country. The new plant is located at Mekaguda Village in Telangana, India.

Sebi orders attachment of former Yes Bank MD & CEO Rana Kapoor's assets

Sebi orders attachment of former Yes Bank MD & CEO Rana Kapoor's assets

Markets regulator Sebi on Wednesday ordered attachment of bank accounts as well as share and mut­ual fund holdings of Rana Kapoor (pictured), former MD and CEO of YES Bank, to recover dues of over Rs 1 crore. The decision has been taken after Kapoor failed to pay the fine imposed on him.

Sebi, in September 2020, had levied a fine of Rs 1 crore on Kapoor for not making disclosures regarding a transaction of Morgan Credit, which was an unlisted promoter entity of Yes Bank.

Swiggy announces Covid-19 vaccine cover for 200,000 delivery partners

Swiggy announces Covid-19 vaccine cover for 200,000 delivery partners

Swiggy, the on-demand delivery platform on Wednesday announced that it will vaccinate over 2,00,000 delivery partners against COVID-19.

This comes close on the heels of the Central government's announcement on the next phase of the nationwide vaccination commencing April 1, 2021, for individuals aged 45 and above, the company said in a statement.

Petrol, diesel prices slashed for second consecutive day, check new rates here

Petrol, diesel prices slashed for second consecutive day, check new rates here

New Delhi: In wake of the fall in the price of crude oil in the international market, oil marketing companies on Thursday slashed petrol and diesel prices for the second consecutive day. Petrol prices in Delhi have come down by 21 paise and diesel by 20 paise. After this, the price of petrol in Delhi has reached Rs 90.78 per litre and the price of diesel has become Rs 81.1 per litre.

Petrol and diesel prices received a cut for the second day in a row. In the last two days, petrol in Delhi has become cheaper by 39 paise and diesel by 37 paise.

Infosys appoints Chitra Nayak as independent director

Infosys appoints Chitra Nayak as independent director

IT services major Infosys on Wednesday announced the appointment of former Salesforce executiveChitra Nayak as an independent director.

Her appointment, effective March 25, 2021, is based on recommendation of the Nomination and Remuneration Committee of the Infosys Board, a regulatory filing said.

COVID-19: India's single-day surge crosses 53,000, 251 deaths reported in last 24 hours

COVID-19: India's single-day surge crosses 53,000, 251 deaths reported in last 24 hours

India's single-day COVID-19 tally on Thursday crossed 50,000 for the first time this year with 53,476 new infections reported in the last 24 hours.

A total of 26,490 recoveries and 251 deaths were reported, as per the data released by the Union Health Ministry.

With this, the total cases in the country mounted to 1,17,87,534 including 3,95,192 active cases and 1,12,31,650 recoveries. The death toll has gone up to 1,60,692.

Bank Holidays alert! Banks to remain closed for 7 days between March 27-April 4, here's why

Bank Holidays alert! Banks to remain closed for 7 days between March 27-April 4, here's why

Private as well as public banks will remain close from Saturday (March 27) until April 4 and banking services will be available for only two days between these two dates. Customers should keep in mind that they have only two options - either to do their bank-related work this week or wait till April 3 to complete them.

Private as well as public banks will remain closed for three days in a row across the country from March 27-29 due to the second Saturday and Holi festival.

Good news for PF account holders! Modi govt increases exemption limit on tax-free interest

Good news for PF account holders! Modi govt increases exemption limit on tax-free interest

In what comes as good news for those investing in Provident Fund (PF), the government has increased the exemption limit on interest on PF to Rs 5 lakh. Earlier, the limit was Rs 2.5 lakh.

However, this is only for employees where no contribution is made on behalf of the employer. This new rule regarding PF will be applicable from the new financial year i.e. April 1, 2021.

Adani Green Energy to buy 74.94 MW solar projects of Sterling and Wilson

Adani Green Energy to buy 74.94 MW solar projects of Sterling and Wilson

Adani Green Energy Ltd (AGEL) on Wednesday announced that it has signed a share purchase agreement for the acquisition of 100 per cent stake in two special purpose vehicles (SPV) holding 74.94 MW operating solar projects of Sterling & Wilson, a Shapoorji Pallonji group company.

The projects, commissioned in 2017, are located in Medak District of Telangana and have long-term Power Purchase Agreements (PPA) with the Southern Power Distribution Company of Telangana Limited.

Sabarimala, corruption will be major issues in Kerala polls: BJP MP Gambhir

Sabarimala, corruption will be major issues in Kerala polls: BJP MP Gambhir

Member of Parliament and former cricketer Gautam Gambhir on Tuesday said that Bharatiya Janata Party (BJP) will do much better in Kerala Assembly elections, and added that Sabarimala and corruption will be the major issues in the state polls.

BJP will do much better in Kerala assembly elections and Sabarimala and corruption will be the major issues in the polls here, said the east Delhi MP while speaking to ANI.

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