BJP leader MLA Ashish Shelar on Friday requested Maharashtra Deputy Chief Minister Devendra Fadnavis to intervene and cancel the contract awarded by the BEST for procuring 2,100 e-buses from Evey Trans Private Limited.
While upholding the decision of Brihanmumbai Electric Supply and Transport Undertaking (BEST) of disqualifying Tata Motors’ bid for operating electric buses, the Bombay High Court has set aside its (BEST’s) decision of accepting Evey Trans Private Limited’s tender observing that it “does not depict fair play”.
Lacklustre opening likely for markets ahead of RBI meet, results
April 05, 2021
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Stocks to watch out for today are Adani Enterprises, ITNL, PNC Infratech, Olectra Greentech, Ashiana Housing and ANG Lifesciences.
After a long weekend, Indian markets are expected to open on a flat note on Monday. While signals are mixed from Asian markets, SGX Nifty points a 40-point gap down opening. The SGX Nifty futures currently rule at 14,915 (8 am IST), as against Nifty futures Thursday s close of 14,953.35.
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Investors will closely monitor the outcome of the RBI meet and quarterly performance of India Inc, said analysts. The RBI s three-day meeting begins today, and the outcome is expected to be on April 7. Acuite Ratings believes that MPC, in its upcoming meeting, will continue to reaffirm the accommodative monetary policy despite the global increase in bond yields amidst concerns of a quicker than expected normalisation in the markets of developed economies.