Venture capital consortium Indian Angel Network (IAN) is planning to invest over Rs 100 crore in start-up firms across sectors in 2021, according to a governance committee member and co-founder of the network.

IAN co-founder Padmaja Ruparel told PTI that the consortium members will evaluate opportunities in biotechnology, augmented reality, manufacturing and in environment space.

India's tally of COVID-19 cases rose to1,09,16,589with11,649new infections being reported in a day, while the daily deaths were recorded below100 for the ninth time this month,according to the Union Health Ministry data updated onMonday.

Thedeath toll increased to1,55,732with 90 daily new fatalities, the data updated at 8 am showed.

The Ministry of Labour and Employment is likely to complete the process to finalise the rules for four new labour codes or laws soon and they are likely to be implemented from the coming fiscal year. While there are proposals about four-day week and overtime limit, one thing that will directly affect the salary of employees is the impact of Cost-to-company (CTC) and the take-home pay.

As per a report by Hindustan Times, the new labour laws will prompt the companies to restructure the CTC as they cap several allowances including LTA, house rent, overtime and conveyance at 50% of the total CTC.

The government on Sunday said it has made FASTags mandatory from February 15 midnight and any vehicle not fitted with it will be charged double the toll at electronic toll plazas across the country.

Union Road Transport and Highways Ministry announced all lanes in the fee plazas on the National Highways shall be declared as 'FASTag lane of the fee plaza' with effect from the midnight of 15-16 February, informed an official statement.

The offices can now resume work after proper disinfection, in case COVID-19 cases are reported, without closing or sealing the premises, according to the union health ministry's fresh guidelines.

In order to contain the spread of COVID-19 in office settings, the Union Health Ministry's fresh guidelines for workplace mentions: If there are one or two COVID-19 cases reported at a workplace, the disinfection procedure will be limited to places/areas occupied and visited by the patient in past 48 hours and work can be resumed after disinfection as per laid down protocol.

The price of liquefied petroleum gas (LPG) domestic cylinder, commonly referred to as cooking gas, has been increased by Rs 50 per unit in Delhi, reported news agency ANI.

The new price of Rs 769 per 14.2 kilograms LPG cylinder would come into effect from the midnight of February 15, it said.

The Supreme Court on Friday (February 12) held that the consent of the family or community or clan was not necessary when two adults agree to marry each other. A division bench of Justice Sanjay Kaul and Justice Hrishikesh Roy said that an adult's right to marry a person of their choice should not be affected by the concepts of "class honour" or "group thinking".

The bench gave its order while judging on a case where a woman's father lodged a missing person complaint as she had married a man without informing him.

The UK economy grew at double the pace expected in the fourth quarter, capping a year that delivered the worst slump since 1709.

Gross domestic product rose 1 per cent from the third quarter, fuelled by a boom in construction and government spending. That averted the risk of a second recession early this year but left a 9.9 per cent contraction for the whole of 2020, the biggest slump since a Great Frost killed crops across Europe.

The Shiv Sena, which is in power in Maharashtra, on Saturday accused state Governor Bhagat Singh Koshyari of toeing the BJP's line, and said that if the Centre wants the Constitution to be upheld, it should recall him.

The party also asserted that the Maha Vikas Aghadi (MVA) dispensation is stable and strong, and added that the Centre cannot use the governor's shoulders to take aim at the state government.

The TMC on Friday called party leader Dinesh Trivedi "ungrateful" after he resigned from his Rajya Sabha seat, while the BJP, jubilant over his decision, invited him to join its camp.

Trivedi's resignation dealt yet another blow to the Mamata Banerjee camp, which is grappling with exodus of party members ahead of the West Bengal assembly polls.

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