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On the BSE, Danlaw Technologies(down 19.29 per cent), Pacific Ind(down 16.95 per cent), Coffee Day Ent(down 16.57 per cent), Anuh Pharma(down 12.09 per cent) and Ambika Cotton(down 10.62 per cent) were among the stocks that plunged over 5 per cent during the session.

Ashok Leyland Ltd. traded 0.51 per cent down at Rs 251.85 at 10:40AM (IST) on Monday, even as BSE benchmark Sensex dropped 114.5 points to 79591.41. The stock had closed at Rs 253.15 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 258.95 and Rs 157.65, respectively.

Tata Motors Ltd.(up 0.92 per cent), Tata Motors Ltd.(up 0.89 per cent), Maruti Suzuki India Ltd.(up 0.44 per cent) and Apollo Tyres Ltd.(up 0.19 per cent) were among the top gainers.

firearms has sparked a significant crackdown on an illicit pistol factory in Ganeshpura village, Morena district, Madhya Pradesh. The footage, which circulated widely on social media, depicted a woman cleaning pistols in bulk, prompting authorities to launch an investigation. The video led police to verify its authenticity and identify key suspects involved in the illegal operation.

Vikas Khemani, Founder, Carnelian Asset Management, says repeated incidences by short-seller Hindenburg, not only in India but in other markets also, are being taken with a pinch of salt. In this case, the narrative is far from the facts. Facts are being manipulated to create a story. The Adanu incident came at a time when there was a lot of scepticism. This is about loss of credibility and markets should not react much to these things. Hindenburg are short sellers. They look at companies where there is a problem in terms of cash flow or mismanagement or corporate governance standards and go short on it and scare the market because that is the deep dive they do in terms of evidence. But on Saturday, they released completely unsubstantiated conjuncture. I think the damage has been done to the brand. Vikas Khemani: Absolutely. First of all, everybody’s credibility is determined by their motivation. We noticed in the previous instances also that nothing came out and of course the first time, the market reacted badly. Repeated incidences not only in India but in other markets also, are being taken with a pinch of salt. In this case, the narrative is far from the facts. Facts are being manipulated to create a story. I think market participants can be fooled once but they cannot be fooled all the time.

Avenue Supermarts Ltd. traded at Rs 5004.0 on BSE at 10:25AM (IST) on Monday, up 0.31 per cent. The stock quoted a 52-week low price of Rs 3493.05 and a high of Rs 5220.0. Earlier in the day, the stock saw a gap up opening.

Voltas Ltd. traded 7.18 per cent up in Monday's trade at 10:00AM (IST). Around 120,193 shares changed hands on the counter. The counter opened at Rs 1502.9 and touched an intraday high and low of Rs 1563.0 and Rs 1465.8, respectively, in the session so far. Shares of the company of Voltas Ltd. quoted a 52-week high of Rs 1563.0 and a 52-week low of Rs 794.15.

Domestic benchmark index NSE Nifty fell 129.66 points to 24237.85, while the BSE Sensex traded 407.19 points down at 79298.72.

Bowman said she still sees upside risks for inflation and continued strength in the labor market, signalling she may not be ready to support an interest-rate decrease when US central bankers next meet in September. «The progress in lowering inflation during May and June is a welcome development, but inflation is still uncomfortably above the committee's 2% goal,» Bowman said Saturday in a speech to the Kansas Bankers Association in Colorado Springs, referring to the Fed's rate setting panel.

Zepto is set to raise another $310 million that will value the quick-commerce firm at $5 billion after the funding, a 40% jump from its last round closed just over a month ago, people in the know said. This will take the total funds raised to nearly $1 billion in two successive rounds for the three-year-old firm. It raised $665 million from a clutch of investors in late June, more than doubling its valuation to $3.6 billion from $1.4 billion in August last year. In a year, Zepto has seen a more than three-and-a-half-time spike in valuation, aided by the rapid rise in demand for quick commerce. Mars Growth Capital, co-run by Mitsubishi UFJ Financial Group Inc and Israel’s Liquidity Group, is set to participate in the next round joining US-based General Catalyst and other existing investors of the Mumbai-based firm for which a term sheet has now been signed, people briefed on the matter said.

Opposition to form a Joint Parliamentary Committee probe over Hindenburg latest report on the Sebi chief, the BJP on Sunday alleged that it is a Congress-led conspiracy with the help of foreign hands. BJP national spokesperson Sudhanshu Trivedi said that Congress and the Opposition are trying to create anarchy and economic instability in the country. «For the past few years, whenever the Parliament session commences, a foreign report gets released. The last Hindenburg report came in January 2023, just ahead of the budget session. The BBC documentary also came just before the budget session. Now when the Opposition is asking questions it makes it clear that they had prior information about such a report to be coming during the session,» Trivedi said.

BEML Ltd expects the rail and metro segment, along with defence, to be the biggest contributor to its revenue in the near future as it looks to bag export orders for Vande Bharat and metro trains in a few years. «The priority is to roll out the indigenous Vande Bharat trains first. But next year, we will try and should expect something on the export front,» BEML (formerly Bharat Earth Movers Ltd) chairman Shantanu Roy told ET. The company, which reorganised operations this fiscal, is keen to accelerate the make in India initiative. It is working on a few opportunities in the Middle East, South America, and the Asean region for rail and metro exports, Roy said. «The ultimate aim is to have exports around 10% of our top line from the present nearly 4%.»

PM Narendra Modi on Sunday released 109 high-yielding, climate-resilient and bio-fortified varieties of 61 crops at the India Agricultural Research Institute. These included 34 field crops and 27 horticultural crops. An announcement in this regard had been made last month by the finance minister in the budget speech. Modi also interacted with the farmers and scientists discussing the importance of these new crop varieties and stressed on the significance of value addition in agriculture, according to a government statement. He discussed the importance of millets and underlined how people are moving towards nutritious food. He also spoke about the benefits of natural farming and the increasing faith of the common man in organic farming and organic foods. The PM suggested that the krishi vigyan kendras (KVKs) should proactively inform farmers about the benefits of the new varieties being developed every month.

Telecom Regulatory Authority of India (Trai) has sought clarifications from the government on the allocation of backhaul spectrum, including the E and V bands, in the wake of the new Telecommunications Act that said such airwaves should be given administratively. As per the Act, 'radio backhaul' shall mean the use of radio frequency only to interconnect telecom equipment other than customer devices in telecommunication networks. The clarification became important as the regulator had listed out different options, including auction, to allocate backhaul spectrum in its consultation paper. The Department of Telecommunications (DoT) too had said spectrum in the E and V bands can be given through auction, though certain quantum in the V band can be delicensed for indoor coverage.

Telecom companies have called upon the regulator to bring over-the-top (OTT) communication providers such as WhatsApp, Google's RCS and Telegram under regulatory licensing or authorisation since they provide similar services to what mobile phone operators offer. Reliance Jio, Bharti Airtel and Vodafone Idea have also backed the Telecom Regulatory Authority of India's proposal to overhaul the existing telecom licensing regime and bring a pan-India single licence, namely Unified Services Authorisation (National), to enable ease of doing business, simplify regulations, cut costs, reduce litigations and much more, in their response to a consultation paper floated by the regulator. «OTT services and applications have thrived and multiplied, enabling factors being absence of any regulatory barriers and instant access to a global audience through the broadband connectivity powered internet,» Airtel wrote in its response to Trai's exhaustive consultation.

PSBs) to issue look-out circulars (LOCs) against defaulters. Lenders have submitted their arguments and are hopeful of a swift resolution. All options, including bringing the banking sector regulator, the RBI, on board, are being examined, said executives aware of the developments. «The government is taking inputs from all stakeholders before making a case for the restoration of the banks' power to issue LOCs,» said a bank executive, adding that the public sector banks (PSBs) might also move the Supreme Court through the Indian Banks' Association seeking reinstatement of this power.

Delhi Lt Governor V K Saxena on Sunday said de-silting work of three arterial drains of the national capital is progressing with removal of over 700 MT silt in a week. Saxena had visited Sunehri, Kushak and Barapulla drains on August 4. In a series of posts on X, he said, «Took stock of the ongoing de-silting work at Sunehri, Kushak and Barapulla drains that commenced after my visit on 04.08.2024. De-silting work is progressing satisfactorily at these sites with over 100 workers equipped with hi-tech machines working on war footing, round the clock.» With collective efforts of all agencies and a decisive push, the results have begun to show, he noted.

Independence Day, the DMRC on Sunday advised people not to fly kites in the vicinity of elevated metro lines passing through residential areas for their safety and to prevent disruption of metro services. «As kite flying gathers pace around August 15, there is a likelihood of kite strings getting entangled in the OHE (overhead equipment) wires or getting stuck in the pantograph (which draws power from OHE) of a moving train if kites are flown in the area of elevated metro lines,» Delhi Metro Rail Corporation (DMRC) Principal Executive Director Anuj Dayal said in an advisory. «Such incidents have the potential to not only disrupt the metro services by damaging/tripping the OHE or pantograph but may also prove fatal to those flying kites with metallic maanjha,» he said. The DMRC has a robust mechanism in place to check and prevent any kind of disruptions and dedicated teams are deployed to swiftly remove any kite strings, he added.

Nepal Prime Minister K P Sharma Oli on Sunday extended an invitation to his Indian counterpart Narendra Modi to visit the Himalayan nation. Oli extended the invitation to Prime Minister Modi for the visit through visiting Foreign Secretary Vikram Misri, who paid a courtesy call on the Nepalese Prime Minister, according to a statement issued by the Prime Minister's secretariat here. Oli was sworn in as Nepal's prime minister for a fourth time last month. He assumed office after the government led by Pushpa Kamal Dahal 'Prachanda' lost the vote of confidence in the House of Representatives. Misri also called on the former prime minister and Nepali Congress president Sher Bahadur Deuba at his residence at Budhanilkantha on the outskirts of Kathmandu.

Hyderabad: Telangana Chief Minister A Revanth Reddy and his team concluded their business tour of the United States on a high note, securing over Rs 31,500 crore investment plans that will bring over 30,750 jobs new jobs in the state. The delegation comprising IT and Industries Minister D Sridhar Babu and officials, during over 50 business meetings and three roundtable conferences in New York, Washington DC, Dallas and California, concluded19 investment deals/ MOUs, totalling an investment of Rs 31,500 crore and 30,750 new jobs for Telangana, an official release said on Sunday. The delegation pitched Hyderabad and Telangana as investment destination to business heads and investors across different sectors and closed new and expansion deals in IT, GCC, Life Sciences, Pharma, Data Centres, AI, among others, it said. The delegation got massive reiteration and support for various major initiatives including creation of a Future City, AI City, rejuvenation of Musi river, the release said.

Trump reportedly has used a slur often targeted at women to describe Vice President Kamala Harris during at least two private conversations. His campaign denies it. The New York Times cited two people who, on different occasions, heard Trump call Harris a «b--.» The people were granted anonymity to describe private discussions. In response, Trump campaign spokesperson Steven Cheung said, «That is not language President Trump has used to describe Kamala and it's not how the campaign would characterize her.» Trump, a Republican, has a history of making derogatory statements about women and his political opponents. He has called Harris, the Democrats' presidential candidate, and other women, including 2016 Democratic nominee Hillary Clinton, «nasty,» and he bragged about grabbing women's genitalia in the infamous «Access Hollywood» tape.