The government of India (GoI) has announced the sale (issue /re-issue) of three dated securities for Rs 19000 crore. These include 5.09% GS 2022 3,000 May 08, 2020, New GS 2030 (maturing on May 11, 2030) 10,000 and 7.19% GS 2060 6,000. GoI will have the option to retain additional subscription up to Rs 2,000 crore each against any one or more of the above security. The sale will be subject to the terms and conditions spelt out in this notification (called 'Specific Notification'). The auction will be Yield based for New GS 2030 and price based for remaining securities using multiple price method. Up to 5% of the notified amount of the sale of the stocks will be allotted to eligible individuals and Institutions as per the Scheme for Non-Competitive Bidding Facility in the Auction of Government Securities.

Union Minister for MSME and Road Transport and Highways, Nitin Gadkari informed that a policy on imports substitution is being thought of in the wake of the new economic situation created by COVID-19 pandemic. He called upon various stake-holders to convert knowledge into wealth by improving quality through innovations and cutting down cost. He sited the example of a Nagpur based MSME Orange cluster taking up PPE making from scratch. These PPEs cost between Rs 550 to Rs 650 against the market price of about Rs 1200 for which country was heavily import dependent. The cluster is in a position to supply large quantity of PPEs.

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Sales rise 69.34% to Rs 35.41 crore

Sales decline 7.68% to Rs 1073.60 crore

It may be noted that the site was issued warning letter in November, 2015 after the inspection in 2014, and was under "Official Action Indicated" classification till now.

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Sales rise 27.54% to Rs 13.20 crore

Sales rise 6.60% to Rs 209.26 crore

The company has now received demand notice for the further period i.e. 2013-14 from the Commercial Tax Department, Karnataka aggregating to Rs. 85.19 crores (including interest & penalty) by treating the stock transfers of its Mangalore Plant as interstate sales to dealers.

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Sales decline 0.77% to Rs 462.25 crore

Sales decline 2.13% to Rs 3415.14 crore

Sales decline 57.18% to Rs 118.66 crore

Sales rise 13.39% to Rs 1798.05 crore

Sales decline 33.91% to Rs 3580.00 crore

The remaining manufacturing plants of JK Tyre in India and Mexico are in preparatory mode and will resume operations subsequently.

Sales decline 9.01% to Rs 3625.86 crore

Exit polls predicted a win for the DMK-Congress alliance in Puducherry too, ousting the ruling All India NR Congress

Rain and power cuts hits polling in southern districts

Most exit polls see loss for Jaya; Assam for BJP; left turn for Kerala

State Bank of India was transferring the money from Coimbatore to Vishakhapatnam to tide over a cash shortage in Andhra Pradesh when the vans were seized by the Election Commission

The counting of votes will decide the fate of approximately 8,300 candidates

AIADMK was leading in Mayiladuthurai, Poompuhar, Sankari, Udhagamandalam and Athur, the EC said

AIADMK supremo J Jayalalithaa was leading by over 5,000 votes in RK Nagar in the city against her nearest rival Shimla Muthuchozhan of DMK

Anbumani is trailing in Pennagaram constituency.

According to latest trends, Soundararajan was in the third position behind the candidates of DMK and AIADMK

Jayalalithaa leading by over 16,000 votes in Dr RK Nagar constituency, ahead of her DMK rival Shimla Muthchozhan

The party was expecting a victory against the All India Anna Dravida Munnetra Kazhagam (AIADMK) and the exit polls boosted this confidence

The party won election with 134 seats out of 232 seats

DMDK's vote share plummeted to 2.4% in the 2016 Assembly polls from 7.88% in 2011, even as the party failed to return a single legislator

AIADMK Supremo hands over a list of 29 legislators who will be appointed as the ministers

Kerala's ministers had least average assets and the state also had least number of crorepati ministers

It usually only takes such a harsh step when there is evidence that muscle power has been used

South India constitutes nearly 60% of India's plantation sector

Bahl's company has been in the middle of some firefighting over reports on how there are efforts to downsize as cash is depleting

Gillette India fell 1.13% to Rs 4,934.50 after net profit slumped 40.31% to Rs 52.38 crore on a 12.66% drop in net sales to Rs 406.57 crore in Q3 March 2020 over Q3 March 2019.

ICICI Securities jumped 3% to Rs 388.30 after consolidated net profit rose 28.3% to Rs 155.88 crore on a 12.5% rise in total income to Rs 481.94 crore in Q4 March 2020 over Q4 March 2019.

NLC India fell 0.46% to Rs 43.70 after the company said eight workers were injured in a fire accident at the TS II power plant in Neyveli, Tamil Nadu.

Adani Gas rose 3.55% to Rs 107.85 after standalone net profit surged 61% to Rs 122 crore on 1% fall in revenue from operations to Rs 490 crore in Q4 March 2020 over Q4 March 2019.

As per provisional closing, the barometer S&P BSE Sensex gained 199.32 points or 0.63% at 31,642.70. The Nifty 50 index gained 51.55 points or 0.56% at 9,250.60.

FMCG major Hindustan Unilever (HUL) jumped 4.81% to end at Rs 2088.35 after a foreign brokerage reportedly maintained an 'outperform' rating on the stock with a target of Rs 2,400 per share.

India VIX cools 3% to 38.53.

SBI Card's net profit jumped 43.9% to Rs 1244.82 crore on a 33.8% rise in total income to Rs 9752.29 crore in the year ended March 2020 (FY20) over the year ended March 2019 (FY19)

Wonder Land: The dispute between "proven" therapies to treat coronavirus and taking risks for people at death’s door. Images: Everett Collection/Getty Images Composite: Mark Kelly

States balance public health and economic well-being as more lockdowns expire; U.S. intelligence agencies confirm investigating if the coronavirus escaped from a lab in Wuhan; Apple and Amazon report profits. WSJ’s Shelby Holliday has the latest on the pandemic. Photo: Matthew Hatcher/Bloomberg

California is the first state to borrow federal funds to cover rising jobless claims, United Airlines expects to cut its management ranks by 30%, and the FDA sets standards for antibody tests in a crackdown on fraud. WSJ’s Jason Bellini has the latest on the pandemic. Photo: Rich Pedroncelli/Associated Press