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Dangee Dums Ltd.(up 2.93%), Bikaji Foods International Ltd.(up 2.82%), Sheetal Cool Products Ltd.(up 2.16%), Mrs. Bectors Food Specialities Ltd.(up 1.96%), Heritage Foods Ltd.(up 1.83%), Bajaj Consumer Care Ltd.(up 1.64%), Hindustan Unilever Ltd.(up 1.59%), Varun Beverages Ltd.(up 1.27%), Colgate-Palmolive(India)Ltd.(up 1.24%) and Marico Ltd.(up 1.00%) stood among the top gainers.

National Company Law Tribunal (NCLT) has admitted listed firm India Steel Works Ltd under the insolvency resolution process in an application filed by its operational creditor Stecol International Pvt Ltd. The tribunal has also appointed Vallabh N Sawana as the interim resolution professional (IRP). India Steel Works has said in its stock exchange filing that it is in the process of filing an appeal at the National Company Law Appellate Tribunal (NCLAT) for urgent relief in the matter. “This bench hereby prohibits the institution of suits or continuation of pending suits or proceedings against the corporate debtor (India Steel Works) including execution of any judgment, decree or order in any court of law, tribunal, arbitration panel or other authority,” said the division bench of judicial member Reeta Kohli and a technical member Madhu Sinha in its order of May 8.

Stock market today: Polycab India's share price witnessed strong buying interest on Friday after the company announced its Q4 results for 2024. Beating the street estimates, Polycab India Ltd reported the highest-ever yearly and quarterly revenue and profitability in its fourth quarter results for the financial year 2023-24. This positive financial performance, coupled with the company's strong market position and growth prospects, sparked buying in the Polycab share price.

Also Read | Accel and Fireside will no longer invest in online-only D2C brands in India A spokesperson for the Tata Group-operated airline, which typically runs approximately 380 flights daily, said that normal operations are expected to resume within the next couple of days. The return of the cabin crew has been facilitated by the airline’s support in obtaining the necessary fitness certificates required for them to resume duties.

world will witness a «very, very stormy» churn because of conflicts, power shifts and sharpening competition in this decade, which makes it all the more important for India to have a stable and mature leadership, External Affairs Minister S Jaishankar said. In an exclusive interview to PTI late Thursday, Jaishankar painted a picture of the world radically different from the one we are living in now by the end of 2020s when asked to draw on his nearly 50 years of experience in diplomacy and politics to give an assessment of the global power balance. «Multiple conflicts, tensions, divides! With all these variables that I am putting to you, I am painting to you, actually, a very, very stormy international scene for the balance of the decade,» said Jaishankar, a former ambassador to China and the United States, who was tapped for the political role by Prime Minister Narendra Modi in 2019. Jaishankar especially referred to the declining influence of the United States, the conflict in Ukraine, the fighting in Gaza, attacks in the Red Sea, tensions in the South China Sea, the challenge of terrorism in different geographies and advent of new technologies as the drivers of the «churn».

ALSO READ: UK appoints its first woman high commissioner to India MAC stands for migration advisory committee that is tasked with the job of reviewing post study work visas. This visa, if axed, will deprive international students from India, and elsewhere, of continuing to stay in the UK after their studies have finished. So, this is likely to have a far-reaching impact.

Madhya Bharat Agro Products Ltd.(up 2.35%), Bohra Industries Ltd.(up 1.91%), Gujarat State Fertilizer & Chemicals Ltd.(up 1.82%), Chambal Fertilisers & Chemicals Ltd.(up 1.46%), Zuari Agro Chemicals Ltd.(up 1.42%), Mangalore Chemicals & Fertilizers Ltd.(up 1.37%), Gujarat Narmada Valley Fertilizers & Chemicals Ltd.(up 1.31%), Krishana Phoschem Ltd.(up 1.20%), Agro Phos India Ltd.(up 1.09%) and Aries Agro Ltd.(up 1.04%) were among the top gainers.

Air Vanuatu filed for bankruptcy protection on Friday a day after the South Pacific state-owned carrier cancelled all international flights, stranding thousands of travellers. The airline on Wednesday cancelled more than 20 flights to and from the Australian cities of Sydney and Brisbane, and the New Zealand city of Auckland for the rest of the week. The airline said it was the result of «extended maintenance requirements» on their aircraft. Ernst & Young Australia's Morgan Kelly, Justin Walsh and Andrew Hanson were appointed liquidators in an equivalent of a US Chapter 11 bankruptcy, the firm said in a statement. The liquidators said safety and maintenance checks would be made before normal operations resumed.

Akshaya Tritiya, which is on May 10, has always seen fervent gold purchases stemming from the belief that investments made on this day would never diminish, thus bringing everlasting prosperity. Over the past three to four months, gold prices have shown significant volatility, experiencing roller coaster-like movements.

Kempegowda International Airport on Friday. The downpour led to the diversion of several flights, including international passenger flights. "Heavy rainfall accompanied by strong winds rendered the airport inaccessible for landing between 9.35 pm and 10.29 pm, leading to diversion of flights," a Bengaluru International Airport Limited (BIAL) official said in a statement. He said 13 domestic flights, three international passenger flights, and one international cargo flight were diverted to Chennai on Thursday.

₹25.4 crore. Unlike other IT services companies, TCS does not offer employee stock ownership plans (ESOPs). Salaries of peers’ CEO are high on account of the ESOPs paid to them.

Also Read: Mutual Funds: How to check KYC status and what actions you might need to take? A step-by-step guide With the new set of rules stipulated by markets regulator SEBI on KYC (Know Your Customer) becoming effective from April 1 for MFs, investors have to check the status of their compliance with KRAs (KYC Registration Agencies) such as CAMS (Computer Age Management Services) to continue their investments and redemptions. “There are a lot of investors who have not done Aadhaar-based verification. Without Aadhaar-based KYC, we cannot process investments in new MF schemes," says Suresh Sadagopan, managing director and founder, Ladder7 Wealth Managers, a Mumbai-based wealth management firm.

BJP in Telangana is aggressively pushing to improve on its previous tally of four out of 17 seats in the May 13 Lok Sabha polls in the face of the ruling Congress party’s guarantees that are less than one year old. A larger tally would help the saffron party establish a firm foothold in another southern state, aside from Karnataka and aim for a win in the assembly in coming years. Sections of political analysts believe pro-BJP sentiment is one the rise in state, especially in urban areas, amidst heavy campaigning by Prime Minister Narendra Modi, Union home minister Amit Shah, party president J.P. Nadda, Union minister Smriti Irani, and other national leaders. A slew of defections from the Bharat Rashtra Samiti (BRS) may also help the saffron party’s chances, they said. However, the BJP giving five of the 17 available NDA tickets to recent imports in the place of older core members may leave the party with internal fissures. In the assembly polls last year, the party had fielded 118 candidates, 54 of which were defectors. Only one of them managed to win. “We have been working for the party and have managed to build a base ever since the state was formed. But the leadership has chosen to field people from other parties over our own leaders, which is disappointing,” a party member said.

The Taliban are warning journalists and experts against working with Afghanistan International TV

As we report, the disintegration of the old order is visible everywhere. Sanctions are used four times as much as they were during the 1990s; America has recently imposed “secondary" penalties on entities that support Russia’s armies. A subsidy war is under way, as countries seek to copy China’s and America’s vast state backing for green manufacturing.

An Ontario man is facing charges in connection with the largest gold heist in Canadian history at Toronto Pearson airport last year, Peel Regional Police say.

Indian studios working on complex games that require heavy investments — so far the sole domain of international publishers like Krafton and Garena — are seeing increased interest from investors, helped in part by fast-maturing consumer and talent cohorts. These studios are working on midcore and hardcore games, which generally have higher complexity compared to casual games like Ludo and require a higher level of involvement and time commitment from the player. In India, the most popular games in this genre — like Battlegrounds Mobile India (BGMI), FreeFire, Call of Duty and Fortnite — are all from international publishers such as Krafton, Garena, Riot Games and Epic Games. Such games are often rated AA or AAA, which signifies their high development and marketing values.

Police in Vietnam say they have arrested a senior official of the country’s labor ministry for “deliberately disclosing state secrets.”

Bank of England (BoE) moved closer to cutting interest rates from a 16-year high after a second policymaker voted for lower borrowing costs and Governor Andrew Bailey said he was «optimistic that things are moving in the right direction.» Deputy Governor Dave Ramsden joined external member Swati Dhingra in calling for an immediate cut in the base rate from its current level of 5.25%, where it was held for the sixth straight meeting.

Venturi Partners has bought a 5.12% stake worth $27 million in Peak XV Partners-backed edtech startup K12 Techno Services in a secondary share sale. The Singapore-based firm acquired the stake in a partial exit from Navneet Learning, a subsidiary of education-linked content provider Navneet Education Limited.

The country’s largest paint-maker saw demand in rural regions impacted due to inflationary pressure, contracting volume growth but reported a double-digit growth in urban areas.