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ICICI Lombard General Insurance Company Ltd. gained 1.0 per cent to Rs 1858.0 in Tuesday's trade as of 11:46AM (IST). It hit a high of Rs 1875.15 and low of Rs 1832.05 during the session. The stock quoted a 52-week high price of Rs 1877.0 and a low of Rs 1266.0. The return on equity for the stock stood at 15.72 per cent. About 32,428 shares have changed hands on the counter so far.

Kerala and Tamil Nadu are likely to experience the 'kallakkadal' phenomenon — the sudden swell of the seas causing rough waves — and high tides till 11.30 pm on Monday, according to the weather agency. The Indian National Centre for Ocean Information Services (INCOIS) on Sunday sounded an alert to fishermen and coastal residents in the area about the possible sea surge. INCOIS, the central agency that issues weather warnings for fishermen in the country, advised people to safely moor their fishing vessels in the harbour. It advised coastal people, living in accident-prone areas, to relocate to safer places in view of possible danger.

Power sector financier REC Limited has raised 31.96 billion Japanese yen through a 5-year green loan, with the transaction being conducted from Deutsche Bank’s Gift City branch. The loan, which is equivalent to $200 million, will be used to finance eligible green projects in India, REC said in a statement. “This successful transaction is in line with REC’s commitment to enhance its green energy financing and sustainable projects capabilities as well as the global community’s support for sustainable development projects in India,” said Vivek Kumar Dewangan, CMD, REC.

Rahul Gandhi in Lok Sabha over alleged inaccuracies in his speech, Parliamentary Affairs Minister Kiren Rijiju said any member trying to mislead the House will not get away easily and the «rules will get them». Rijiju was referring to a notice submitted in Lok Sabha by BJP member Bansuri Swaraj urging the Speaker to take cognisance of her notice against certain inaccuracies in Gandhi's speech on the Motion of Thanks on the President's Address. «When the Leader of the Opposition in the Lok Sabha kept on lying on many things, including facts and figures, a notice was put to the Speaker and we have requested the Speaker to take appropriate action. We are waiting for the action,» Rijiju said in response to questions on the issue. The minister said rules apply equally to everyone as no member is above the Chair in the House.

Aam Aadmi Party Rajya Sabha MP Sanjay Singh has been appointed as the chairperson of the AAP Parliamentary Party. He has also been chosen as the leader of the party in Rajya Sabha. «Delhi Chief Minister Arvind Kejriwal has always given me the opportunity to raise my voice from the streets to the Parliament. I will fulfil the responsibility of the party's parliamentary group chairperson with utmost dedication. I am deeply grateful to Arvind Kejriwal and the Aam Aadmi Party,» he said in a post on X in Hindi. Previously, Singh served as the leader of the Aam Aadmi Party (AAP) in the Rajya Sabha during his first term. He was re-elected to the Rajya Sabha and took his oath as a member of the Upper House on March 19 this year.

Arunachal Pradesh on Thursday, officials said. The districts affected by landslides are Siang, East Siang, Upper Siang, West Siang, Shi Yomi, Leparada and Upper Subansiri. A portion of the NH-13 along the Pasighat-Pangin-Aalo road has blocked following a landslide on Thursday morning. A huge boulder has completely blocked the road in between Lokpeng and Pangin tri-junction in Siang district, PWD Highways assistant engineer Gemar Padu said. The road is being cleared by engaging men and machinery for light motor vehicles to pass through, he said.

BJP people who spread violence and hatred do not understand the basic principles of Hinduism, former Congress president Rahul Gandhi said on Wednesday as he hit out at the ruling party for what he described as a «violent attack» on the party's office in Ahmedabad. Workers of the BJP and the Congress hurled stones at each other outside Gujarat Congress headquarters in Ahmedabad on Tuesday during a protest against the remarks made by Gandhi in the Lok Sabha. In a post in Hindi on X, Gandhi said, «The cowardly and violent attack on the Gujarat Congress office further strengthens my point about the BJP and the Sangh Parivar. The BJP people who spread violence and hatred do not understand the basic principles of Hinduism.» «The people of Gujarat can clearly see through their lies and will teach the BJP government a decisive lesson. I am saying it again — INDIA is going to win in Gujarat!» the Leader of Opposition in the Lok Sabha said.

Vedanta Ltd. fell 1.01 per cent to Rs 468.6 at 12:07PM hours (IST) on Monday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 287,386 shares with a turnover of Rs 13.61 crore till 12:07PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 41.18, while the price-to-book value ratio stood at 3.29.

Congress on Saturday alleged that Prime Minister Narendra Modi broke all parliamentary norms by accusing the then Rajya Sabha chairman Hamid Ansari of having an «inclination» towards the opposition when the BJP came to power in 2014. In his reply to the Motion of Thanks on the President's address in the Lok Sabha on July 2, Modi said, «No matter how many numbers they claim, when we came in 2014, our strength in the Rajya Sabha was very low, and the Chair's inclination was somewhat on the other side. But we did not waver from our resolve to serve the country with pride.» «I want to tell the people of the country that the decision you have made, the order you have given us to serve, neither Modi nor this government will be afraid of any such obstacles. We will fulfill the resolutions we have set out to achieve,» Modi had said.

committee recently discussed a proposal to reclassify promoter or promoter group entities in publicly listed companies. After debate, the panel rejected it. A look at what it means: What are the existing provisions for promoter reclassification?

Shapoorji Pallonji Group has mandated Deutsche Bank and DAM Capital to raise Rs 3,000 crore at mid-teen interest rates to refinance high-cost debt from private credit funds Ares SSG Capital and Farallon. The debt is due for repayment next year. «Deutsche Bank and DAM Capital have been mandated to raise Rs 3,000 crore by Shapoorji Pallonji Group to arrange debt at mid-teen rates for refinancing existing liabilities,» a source familiar with the matter said. «The fundraise will reduce the interest burden from the current 18-22% rate, as the company is looking to lower the overall cost of capital.» The proceeds from this issuance will be used to refinance upcoming maturities and partially prepay Ares and Farallon. These bonds, issued in 2021 with a three-and-a-half-year tenor, are set to mature soon. The group has approached several large funds and global banks to gauge interest, two sources indicated.

Keir Starmer said Saturday that he is scrapping his predecessor's controversial policy to deport asylum-seekers to Rwanda as he vowed to deliver on voters' mandate for change, though he warned it will not happen quickly. «The Rwanda scheme was dead and buried before it started,» Starmer said in his first news conference since the Labour Party swept Conservatives from power after 14 years. «It's never acted as a deterrent. Almost the opposite.» Starmer told reporters in a wood-paneled room at 10 Downing St. that he was «restless for change,» but would not commit to how soon Britons would feel improvements in their standards of living or public services.

Tata Power Company Ltd. rose 0.81 per cent to Rs 440.8 at 10:35AM hours (IST) on Thursday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 208,404 shares with a turnover of Rs 9.18 crore till 10:35AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 38.14, while the price-to-book value ratio stood at 3.89.

Au Small Finance Bank Ltd. traded 1.35 per cent up at Rs 641.9 on Friday at around 10:55AM (IST), while the benchmark BSE Sensex advanced 531.48 points to 80428.82. As many as 8,023 shares changed hands on the counter with a total value of Rs 0.52 crore.

Canara Bank MD & CEO K Satyanarayana Raju has handed a dividend cheque of Rs 1838 crore to Finance Minister Nirmala Sitharaman for the financial year 2023-24. Raju handed the cheque at an event in Delhi on Wednesday attended by Prashant Kumar Goyal, joint secretary at the ministry of finance (MoF), and bank’s executive directors Debashish Mukherjee, Ashok Chandra, Hardeep Singh Ahluwalia, and Bhavendra Kumar and Delhi circle chief general manager Rajesh Kumar Singh. This dividend payout reflects Canara Bank's unwavering commitment to its stakeholders and its strong financial health, driven by strategic initiatives and sound banking practices. The bank continues to play a pivotal role in supporting India's economic growth and development through its extensive range of financial products and services, the bank said in a statement.

Union Budget 2024 announcements may include continued focus on renewable energy by the Narendra Modi government, industry players have said, as they expect policy stability and investment in the sector. «From budget what we expect that there are certain areas on which we need to focus. We have seen in budget what is required for the sector. One is the policy stability is very important because there should not be any fear because today we invest, project takes 18 months to 24 months, so policy stability is one key which we expect,» Sharad Mahendra, Joint MD & CEO, JSW Energy told ETNow in an interview. «One is the policy stability is very important because there should not be any fear because today we invest, project takes 18 months to 24 months, so policy stability is one key which we expect. And boost the renewable energy investment, that is also very-very important because the kind of investment which is required to add almost 40 to 50 gigawatts every year is huge,» Mahendra added.

compensation to the next of kin of Agniveer Ajay Kumar intensified on Friday with Rahul Gandhi reiterating that the martyr's family had not got compensation till date and alleged that the Modi government was discriminating against the Agniveers. The Congress leader also shared a video on X purportedly of the father of a deceased Agniveer who stated that his family got Rs 50 lakh as insurance from a private bank and 48 lakh from the Army Group Insurance Fund. Gandhi said in the video that the martyr's family had not got compensation and asked why they have not got ex-gratia payment. He asked why salary arrears have not been received in the bank account of the martyr's family.

Maruti Suzuki India on Monday reported a 12 per cent increase in total wholesales to 1,79,228 units in June. The company had dispatched 1,59,418 units to its dealers in the same month last year, Maruti Suzuki India (MSI) said in a statement. The total domestic passenger vehicle sales were 1,37,160 units last month compared to 1,33,027 units in the year-ago month, a growth of 3 per cent, it added. Sales of mini-segment cars, comprising Alto and S-Presso, declined to 9,395 units from 14,054 units in June 2023.

Lok Sabha during his address on Monday. The Congress leader said that BJP and RSS, who call themselves followers of Hindu religion, speak of violence and 'asatya'. Gandhi's tirade against the government also prompted Modi's intervention twice who accused the former of calling the 'entire' Hindu society violent. «This is a serious issue,» Modi said. The second time around, Modi said that the Constitution of India taught him to take the LoP seriously.

Enforcement Directorate on Monday informed a sessions court here that with an ulterior motive to stall the trial proceedings in a money laundering case, former Tamil Nadu Minister V Senthil Balaji was constantly filing petitions and thereby causing a delay in commencement of trial. Karthik Dasari, Deputy Director, Chennai Zonal Office, Directorate of Enforcement, stated this in his counter affidavit filed before Principal Sessions Judge S Alli, in response to the petitions filed by Balaji. In a petition, Balaji sought to defer the present proceedings and adjourn the case to a later date. In another two petitions, he sought to furnish the missing documents in «Relied Upon Document Nos-16 and 17»-copies of counterfoil challans relating to his account which were collected by the ED in its investigation, to him. In his counter affidavit, Dasari submitted that the petitioner/accused had already filed a petition to defer the trial proceedings and this court had dismissed the same. Challenging this order, the petitioner had preferred an appeal and it was pending before the Madras high court.

Prime Minister Narendra Modi intervened during Congress leader Rahul Gandhi's inaugural speech of the session. Gandhi, newly appointed as Leader of Opposition, launched a scathing critique targeting the BJP, RSS, and Prime Minister Modi himself at the Lok Sabha on Monday. Rahul Gandhi accused the government of spreading fear and hate throughout the nation, challenging Modi directly with a pointed question: «Why is the PM always serious?» In response, Modi replied, «Democracy and the constitution have taught me that I should take opposition seriously.»