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Bharat Forge Ltd. gained 0.59 per cent to Rs 1560.15 at 10:56AM (IST) in Tuesday's trade. The counter has hit a high of Rs 1606.15 and low of Rs 1558.45 so far during the session. The stock had closed at Rs 1550.9 in the previous session. The counter has had a total traded volume of 14203 shares so far with a value of Rs 2.24 crore on the NSE. It traded at a price-to-earnings multiple of 76.83 and a price-to-book ratio of 7.33.

India's gold industry, with the support of the World Gold Council (WGC), has established a self-regulatory organisation in a bid to increase consumer confidence and restore trust, the WGC said on Tuesday. The newly-formed Indian Association for Gold Excellence and Standards (IAGES) aims to promote fair, transparent and sustainable practices in the bullion industry, along with regulatory compliance, a code of conduct, and an audit framework, said Sachin Jain, CEO of WGC's Indian operations.

REC Ltd. traded 1.17 per cent up at Rs 585.85 at 10:51AM (IST) on Tuesday, even as BSE benchmark Sensex gained 424.29 points to 79183.69. The scrip had closed at Rs 579.05 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 653.9 and Rs 198.95, respectively.

Shapoorji Pallonji group will provide security cover of six times the loan value it will obtain from Power Finance Corporation, the company said in a press statement on Tuesday. “We are fortunate to work with PFC over the last 9 months to craft a unique proposal, that has a twin security structure leveraging the strength of the SP group’s large real estate franchise, as well as a portion of the Tata Son’s shares owned by the Mistry family”, said Venkatesh Gopalakrishnan, director, group promoters office, Shapoorji Pallonji.

MphasiS Ltd. traded at Rs 2679.55 on BSE at 11:16AM (IST) on Tuesday, up 1.07 per cent from previous close. The scrip quoted a 52-week low price of Rs 2068.45 and a high of Rs 3079.2.

PI Industries Ltd. traded 0.55 per cent up at Rs 4244.0 on Tuesday at around 10:45AM (IST), while the benchmark BSE Sensex advanced 317.9 points to 79077.3. As many as 5,690 shares changed hands on the counter with a total value of Rs 2.42 crore.

DLF Ltd. gained 3.35 per cent to Rs 837.35 in Tuesday's trade as of 10:09AM (IST). It hit a high of Rs 844.35 and low of Rs 820.8 during the session. The stock quoted a 52-week high price of Rs 967.0 and a low of Rs 461.55. The return on equity for the stock stood at 6.91 per cent. About 106,309 shares have changed hands on the counter so far.

Tax Intelligence (DGGI) has sent showcause notices to 10 foreign airlines operating in the country, for alleged non-payment of tax amounting to ₹10,000 crore, officials said. They include British Airways, Lufthansa, Oman Air, Emirates and Singapore Airlines, they said. The notices, sent over the past three days, deal with unpaid tax dues on the import of services by Indian branches from head offices, officials said. Airlines are not covered by a June 26 circular on valuation of supply of import of services by a related person, where the recipient is eligible for full input tax credit, an official said. DGGI sought segregated list This is the circular cited by Infosys following a recent integrated GST demand amounting to Rs 32,000 crore.

Real Madrid will take on Chelsea in a soccer game at Bank of America Stadium in Charlotte, North Carolina. Reigning Spanish La Liga and UEFA Champions league champions Madrid lost to Barcelona in their previous match. Chelsea were also defeated by Manchester City in the past weekend. Chelsea versus Real Madrid football match is scheduled to kick off at 7 pm (ET) on Tuesday, August 6. Real Madrid and Chelsea's game will be live streamed on Fubo TV which offers free trial for a limited period. Real Madrid is likely to win the match against Chelsea.

MTNL has defaulted on bank loan payments worth Rs 422.05 crore, a regulatory filing said on Monday. The total default amount comprises Rs 328.75 crore default on instalment of principal and Rs 93.3 crore towards interest on debt for June and July. According to the details shared by MTNL, it has defaulted on the payment of Rs 155.76 crore on debt raised from Union Bank of India, Rs 140.37 crore from State Bank of India, Rs 40.33 crore from Bank of India, Rs 40.01 crore from Punjab & Sind Bank, Rs 41.54 crore from Punjab National Bank and Rs 4.04 crore from UCO Bank. The telecom firm earlier raised Rs 5,573.52 crore in debt from these banks.

Kerala government on Monday said the families of the tribal communities of Wayanad, which was recently hit by devastating landslides on July 30, were safe and were staying in relief camps arranged by the SC/ST department. Currently, 47 tribal community members, including children, are in various relief camps under the state government. All the tribal families in the region have survived the landslides that hit Mundakkai and Chooralmala regions of Wayanad, officials said. «The four families from Erattukund hamlet will be rehabilitated. Even though the officials tried to take them to camps near Meppadi, the families expressed interest in remaining at Attamala camp inside the forest,» a state government release said.

IndiGo cancelled scheduled flights to and from Dhaka with immediate effect on Monday due to the emerging situation in the wake of Bangladesh Prime Minister Sheikh Hasina resigning amid unprecedented anti-government protests. A Vistara official said it operated the flight from Mumbai on Monday and the situation is being monitored for operations to Dhaka on Tuesday. While Air India operates two daily flights from Delhi to Dhaka, Vistara flies daily flights from Mumbai and three weekly services from Delhi to the Bangladesh capital. IndiGo has flights to Dhaka from the national capital, Mumbai, Chennai and Kolkata. The number of flights that are operated by the airline could not be immediately ascertained.

Enforcement Directorate told Supreme Court that the two prime accused senior bureaucrats in the Nagrik Apurti Nigam (PDS) scam of Chhattisgarh, were in contact with the judge who granted bail to one of the two. According to ED, Anil Kumar Tuteja and Alok Shukla were speaking to the High Court judge who «granted bail to Shukla in October, 2019.» ED claims that the two accused were in contact with the judge through Satish Chandra Verma, the then advocate general. While the probe agency has not named the judge in the affidavit filed on August 1, contents from WhatsApp chat details linked to the case found in annexures state that Justice Arvind Kumar Chandel was the judge in question, who was reached through former state chief secretary Ajay Singh. Justice Chandel was tranferred to Patna High Court this year.

Dinesh Karthik was on Monday appointed the league ambassador of the SA20 League. Karthik, who is the first Indian player to be associated with the South African tournament, retired from all forms of cricket earlier this year. «The league has been electric in the first two seasons with some of the world's best players on show and exciting young talent putting up their hands on the global stage,» Karthik was quoted as saying in a media release. «Karthik will be working very closely with fellow SA20 ambassador AB de Villiers and the management team to help strengthen the league's global fan base and reinforce brand awareness across key strategic markets in India and the United Kingdom,» the release added.

Sebi on Monday proposed a uniform timeline to ensure timely credit and trading of bonus shares in a bid to streamline the process to enable T+2 trading of such shares after the record date. The current ICDR (Issue of Capital and Disclosure Requirements) rules prescribe overall timelines regarding the implementation of the bonus issue, however, there are no specific timelines for credit of bonus shares and trading of such shares, from the record date of the issue.

On the BSE, Supershakti Metaliks(down 20.00 per cent), Nucleus Software Exports(down 15.32 per cent), Kirloskar Bros.(down 12.36 per cent), Indo Us Bio-Tech(down 11.63 per cent) and KLK Electrical(down 11.09 per cent) stood among the top losers in today's trade.

Pokarna Ltd.(up 5.93%) stood among the top gainers.

The NSE Nifty index ended the session 662.11 points down at 24055.6, while BSE Sensex fell 2222.55 points to 78759.4.

J P Nadda on Monday urged state governments to spend more on improving healthcare infrastructure and dismissed opposition allegations on reduction of allocations under the PM-Ayushman Bharat Healthcare Infrastructure Mission (PM-ABHIM). Replying to the debate on the demand for grants for the health and family welfare ministry in the Lok Sabha, Nadda listed the increase in number of medical colleges, steps taken for the reduction of out of pocket expenses on healthcare and initiatives for early screening of diseases such as cancer and sickle cell anaemia as achievements of the government. «We don't believe in just making announcements. We believe in effective planning, ensuring last mile delivery, identifying bottlenecks in last mile delivery and taking steps to remove them,» the minister said. Nadda dared Trinamool Congress members, who were protesting, to tell the House why the West Bengal government had not shared the dengue registry with the Centre.

CIL on Monday said it has entered into a joint venture agreement with GAIL (India) Ltd to set up a coal-to-synthetic natural gas project in West Bengal. While Coal India Ltd (CIL) will have 51 per cent shareholding in the joint venture, GAIL, the nation's largest gas transportation and distribution firm, will have 49 per cent. The joint venture will be incorporated as a private limited company. The initial paid-up share capital is Rs 1 lakh, CIL said in a BSE filing. The registered office of the joint venture will be in West Bengal and CIL and GAIL each will have the right to nominate three executives as directors of the JV.

Bangladesh Prime minister Sheikh Hasina earlier fled the country for an unknown location, bringing a turbulent end to the past few days' raging protests that took the country by storm. Following Hasina's flight, Bangladesh military chief Waker uz Zaman sought to calm the tension and said in a televised address that the forces would help form an interim government.