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Will back Maharashtra govt if it clamps full lockdown : Pune traders

An umbrella organisation of traders in Pune on Monday said it will extend support to the Maharashtra government if it imposes a full lockdown in the state to curb the rising cases of coronavirus. The Federation of Traders Association (FTA), Pune, took the decision after a detailed meeting of its representatives with senior government officials from Pune district as well as the civic administration, its president said. The decision was taken after considering the prevailing COVID-19 situation in the city and rural parts of the district, one of the worst-hit in the country, federation president Fatehchand Ranka said. After our meetings with the authorities and our own members, we unanimously took a decision to extend our support if the state government takes a decision to impose a full lockdown, said Ranka.

Thomas Cook (India) opens its 2nd Gold Circle Partner (Franchise) Outlet in Lucknow

Thomas Cook (India) has opened its second Gold Circle Partner (Franchise) Outlet in Lucknow. This expansion augments Thomas Cook India s distribution and reach in Uttar Pradesh to 8 consumer access centres: 1 owned branch and 7 Gold Circle Partner (franchise) outlets. The Company s network in Uttar Pradesh extends to 5 locations including Lucknow, Kanpur, Meerut, Ghaziabad, Prayagraj and Varanasi. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue

Huge crowd at Mumbai s Dadar market despite massive spike in Covid-19 cases

Despite the surge in COVID-19 cases in Maharashtra, a massive crowd was seen at the Dadar vegetable market in Mumbai on Monday morning. The people in the market were seen flouting social distancing norms and many were seen without a proper mask. Mumbai reported 11,163 new COVID-19 cases and 25 deaths on Sunday. In order to control the new infections, the State government has imposed Section 144 of CrPC between 7 am and 8 pm, banning the gathering of more than five people at a place. Meanwhile, Maharashtra reported 57,074 new COVID-19 cases, 27,508 recoveries, 222 deaths on Sunday, as per the State Health Department. The total active cases in the state rose to 30,10,597. The death toll mounted to 55,878 including the new deaths.

NSE, BSE extend trading hours till 5 PM

The pre open will take place between 3:30 PM and 03:38 PM.Normal trading will resume at 03:45 PM and shut at 05:00 PM. The cash and futures markets of the National Stock Exchange (NSE) were shut in the morning due to a technical glitch. In a tweet, NSE India on Wednesday notified: NSE has multiple telecom links with two service providers to ensure redundancy. We have received communication from both the telecom service providers that there are issues with their links due to which there is an impact on NSE system. We are working on restoring the systems as soon as possible. In view of the above, all the segments have been closed at 11:40 and will be restored as soon as issue is resolved.

Goa Carbon temporarily shuts Bilaspur plant for maintenance

Goa Carbon said its Bilaspur unit in Chhattisgarh has been temporarily shut for maintenance work from 24 February 2021. Goa Carbon is engaged in the manufacture and sale of calcined petroleum coke. The firm is a supplier to aluminum smelters, graphite electrode and titanium dioxide manufacturers, as well as other users in the metallurgical and chemical industries. The company reported net loss of Rs 1.31 crore in the quarter ended December 2020 as against net loss of Rs 4.12 crore during the previous quarter ended December 2019. Sales declined 24.03% to Rs 81.20 crore in Q3 FY21 over Q3 FY20. The scrip rose 2.45% to Rs 335 on the BSE. It traded in the range of 327.05 and 350.30 so far during the day.

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