LIVE: Hindenburg attempting to attack credibility of Sebi, says Buch

Two pilots were injured after a trainer aircraft belonging to a private aviation academy crashed at an airstrip in Madhya Pradesh’s Guna district on Sunday, a police official said. The two-seater Cessna 152 plane crashed at around 1.30 pm, possibly due to engine failure, after remaining airborne for 40 minutes, Guna Cantt police station in-charge Dileep Rajoria said.

Prime Minister Narendra Modi on Sunday released 109 high-yielding, climate-resilient and biofortified seed varieties of agricultural and horticultural crops, aiming to enhance farm productivity and farmers’ income. Developed by the Indian Council of Agricultural Research (ICAR), these varieties span 61 crops, including 34 field crops and 27 horticultural crops.

Four armed men were killed in a fratricidal shoot-out between militants and village volunteers of the same community in Manipur’s Tengnoupal district, police said. A militant belonging to the United Kuki Liberation Front (UKLF) and three village volunteers of the same community were killed in the gunfight in Molnom area on Friday.

The Adani group has denied the fresh allegations made by US-based short seller calling it a “red herring”. In a statement to the stock exchanges on Sunday, an Adani group spokesperson said the latest allegations by Hindenburg are malicious, mischievous, and manipulative selections of publicly available information to arrive at pre-determined conclusions for personal profiteering with wanton disregard for facts and the law. 

Tata Motors expects demand to remain sluggish in overseas markets this fiscal while pinning hopes on a gradual bounce back in the domestic market on the back of new launches and the upcoming festive season. Earlier this month, the Mumbai-based automaker reported a consolidated net profit of Rs 5,566 crore and total income of Rs 1,09,623 crore for June quarter.

Oravel Stays Ltd, the parent company of OYO, has raised Rs 1,457 crore from a consortium of investors in the latest funding round, sources said. This fund raise concludes the Series G funding round. The IPO-bound unicorn had earlier raised nearly Rs 1,040 crore and Rs 416.85 crore in the same series.

BSP chief Mayawati on Sunday said the Congress, which won Lok Sabha seats by promising to protect reservation, seems to be in favour of sub-classification within SCs and STs and is yet to raise its voice against the issue of exclusion of the creamy layer in these communities from the benefits of quota.

In a major reshuffle, the Madhya Pradesh government has transferred 26 Indian Administrative Service officers, including eight district collectors, and 21 Indian Police Services officers. The superintendents of police of eight districts have also been shifted, as per the orders issued late Saturday night.

Macroeconomic data announcements, the last batch of Q1 earnings and global trends are the major factors that would influence trading sentiments in the equity market in a holiday-shortened week ahead, analysts said. Besides, trading activity of foreign investors would also be a crucial factor in dictating movement in the market. Equity markets would remain closed on Thursday for Independence Day.

Assam Chief Minister Himanta Biswa Sarma met All Jharkhand Students Union (AJSU) party President Sudesh Mahto. He also met Jharkhand Bharatiya Janata Party (BJP) president Babulal Marandi on Saturday. After meeting AJSU President, the Assam Chief Minister said, “AJSU is our very important component, we just met and talked to Sudesh. Everything is fine, we will fight the elections well.”

Five Bangladeshi nationals have been arrested for allegedly staying illegally in Navi Mumbai township of Maharashtra, police said on Sunday. Following a tip, the Navi Mumbai police’s anti-human trafficking cell conducted a raid at a residential building in Koparkhairne area on Saturday and apprehended four women and a man.