While the stock markets are illuminated with fresh 52 week and all-time highs, the power situation, especially in certain pockets of India, is an area of concern. Shares of Reliance Industries Ltd (RIL) rose two percent on Monday, hitting an all-time high of Rs 2,724.70 after the conglomerate announced two acquisitions over the weekend. Interglobe Aviation has been rallying in the recent past and the stock closed 4.7 percent in the green on Monday trading at Rs 2055 a share. For all these stories and everything in between, here are some top news of the day
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ECONOMY/BUSINESS
Rakesh Jhunjhunwala-backed Akasa Air gets NOC from Aviation Ministry; flights to begin by 2022
Akasa Air, the airline venture promoted by billionaire investor Rakesh Jhunjhunwala, has received the no-objection certificate from the Ministry of Civil Aviation, the holding company SNV Aviation Private Limited said on Monday.