The Bombay High Court has quashed a circular issued by Maharashtra's transport commissioner imposing certain conditions while deciding on applications for registration of vehicles under the BH series. A division bench of Justices Girish Kulkarni and Firdosh Pooniwalla, in its judgment on April 12, said the circular was issued "without any authority and, hence, flawed and illegal."

It was startling this past week to see many of the hottest stocks stagger around and then fall down like drunken sailors in a dodgy street.This is April, after all, and April has been one of the top months for investors since 1950.But stagger stocks did. The Standard & Poor's 500 Index finished below 5,000 for the first time since Feb. 21. The Nasdaq Composite dropped 5.5%.

State-owned THDC India Ltd aims to make its coal-based power plant operational by September 2024, marking an entry into the domestic thermal energy sector, a top company official said. THDC India Ltd (THDCIL) is setting up a 1,320 megawatt (2X660 MW) Super Thermal Power Project (STPP) at Bulandshahr district in Uttar Pradesh (UP), the official said in reply to a query about the company's plans.

With extended deadline for 30 per cent UPI market ceiling by NPCI approaching, industry players are keenly awaiting the implementation and measures to achieve the cap from January 1. The National Payments Corporation of India (NPCI) in December 2022 extended the deadline for third-party UPI players to meet its 30 per cent volume cap in digital payment transactions by two years to end December.

As the month of April is coming to an end, investors will closely monitor various stock market catalysts during the fourth week of the month. These include ongoing January-March quarter results for fiscal 2023-24 (Q4FY24), domestic and global macroeconomic indicators, updates regarding the 2024 general elections, developments related to the Israel-Iran conflict, fluctuations in crude oil prices.

As India celebrated Ram Navami, the stock market seemed less in a celebratory mood. In the week cut short by the holiday, six of India's top 10 valued firms were feeling helpless, with an eye-popping 1,40,478.38 crore rupees evaporating from their combined market capitalization. The downturn fell particularly heavily on the shoulders of two tech titans: Tata Consultancy Services (TCS) and Infosys.

Hyundai Motor India expects sales contribution from rural areas to remain at record levels in the current fiscal as well on account of various factors including anticipation of a favourable monsoon, according to a senior company executive. The country's second-largest automaker, which sells models like Creta and Venue, reported 11 per cent growth in rural areas last fiscal as compared to 4%.

Worries related to the Iran-Israel conflict, quarterly earnings and foreign investors’ trading activity are the key factors that would dictate stock markets this week, analysts said. Besides, trends in Brent crude oil and movement of the rupee against the dollar will also be crucial factors. This week will be crucial for the market amid ongoing worries about the conflict between Iran.

Foreign investors dumped domestic equities worth over Rs 5,200 crore in April so far on concerns over tweaks in India's tax treaty with Mauritius, which would now impose higher scrutiny on investments made here via the island nation. This came following a staggering net investment of Rs 35,098 crore in March and Rs 1,539 crore in February, data with the depositories showed.

Natco Pharma failed to maintain cleanliness, sterilise equipment and utensils at appropriate intervals at its Telangana-based plant, as per the US health regulator. In the warning letter to the company, US Food and Drug Administration said its investigators observed various violations at the finished pharmaceuticals plant located at Kothur Village in Telangana.

Mutual Funds are managed by competent professionals who ensure that the portfolios are designed and managed as per the scheme mandate and extant regulations. India’s economy is growing at a fast pace. Businesses have realised the advantages that women bring to the table by improving organisational productivity and promoting growth. India’s Corporate sector and businesses have made efforts.

Spot gold closed with a gain of 0.59% at $2392 Friday as the metal rose on fresh concerns about the geopolitical situation following Israel's attack on Iran. Israel reportedly struck back Iran on Friday morning in a low-scale drone operation. Although targets were Iran's military sites, damage was limited. Iranian media downplayed the impact of Israeli strikes.

The combined market valuation of six of the top 10 valued firms eroded by Rs 1,40,478.38 crore in a holiday-shortened week, with IT majors Tata Consultancy Services (TCS) and Infosys taking the maximum hit. Last week, the BSE benchmark declined 1,156.57 points or 1.55 per cent. Stock markets were closed on Wednesday on account of Ram Navami.

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China’s most-promising industries are facing a growing threat of trade restrictions from Western governments, blurring the outlook for stocks that have the potential to fuel the nation’s market growth. The sectors under scrutiny by Europe and the US are as wide-ranging as electric vehicles, wind and solar projects, medical devices and chips, but have one thing in common.