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Top 5 headlines: Windfall tax slashed on petroleum crude, IBM pauses hiring

Business Standard brings you top news at this hour

Can dissolve marriage on ground of 'irretrievable breakdown', says SC

From hearing the plea on dissolving marriages to demolition drive in Delhi, here are some important cases that were heard today

Elon Musk cuts down parental leaves of Twitter employees: Report

The two weeks of paid leave will be topped up to meet the minimum requirements of the region where the employees work

NTPC, NPCIL sign agreement for joint development of nuclear power plants

Joint Venture company to develop Chutka Madhya Pradesh Atomic Power Project of 2x700 MW and Mahi Banswara Rajasthan Atomic Power Project of 4x700 MW

Blue Star board to consider proposal for issuance of bonus shares on May 4

The company is scheduled to announce its earnings for the March quarter on Thursday

Bharti Airtel, Bridgepointe Technologies launch new strategic partnership

The partnership will enable US enterprises interested in expanding to India and Africa to leverage Airtel's digital infrastructure solution

Instagram will soon let users add songs in photo carousel: Details here

The new tool will make it more fun to browse through multiple pictures while the music plays in the background

WhatsApp to do away with Google Drive dependence for backups, see details

Most WhatsApp users find it complex to transfer their data from their old phone to a new device since it involves backing up chat data to a Google Drive

Back in action: HAL's ALH Dhruv helicopters begin flying operations

This comes less than a month after the operations of the helicopters were halted by the Indian Navy following an accident off the Mumbai coast

French carmaker Citroen to launch C3 Aircross later this year: Details here

The lack of automatic climate control, ventilated seats, and sunroof take away the feel-good quotient from the C3 Aircross

Centre revises nutritional standards for kids' food safety schemes

The amendment has been done on the recommendations of an inter-ministerial committee

Rail Vikas Nigam Limited receives the status of Navratna from Centre

With RVNL, India now has 15 Navratnas including names like Hindustan Aeronautics Ltd, Bharat Electronic Ltd and Oil India Ltd

Penalty for margin shortfall in derivative trading to begin from Tuesday

The trading volumes in the derivatives section have been declining since Sebi began tightening margin norms for investors

Tata Motors domestic sales fall 4% in April, passenger vehicle sales up 13%

The sales of commercial vehicles fell sharply by 27% to 22,492 units in April this year. It was 30,838 last year

Ludhiana gas leak: What led to the death of 11 people in Giaspura?

The NDRF personnel have reached the spot, and the entire area has been sealed. Locals have been asked to move to safer places

JPMorgan to acquire First Republic Bank after seizure by regulator

First Republic Bank is the third major US bank to fail in two months after Silicon Valley Bank and Signature Bank

Alibaba founder Jack Ma accepts a teaching position at Tokyo University

The appointment term for Ma finishes at the end of October 2023 but his contract may be extended on an annual basis

State-run banks likely to launch special drive to recover written-off loans

The government has instructed public sector banks (PSBs) to focus on written-off loans, a senior official said

Maruti Suzuki India's sales jump 6.5% in April, exports drop by 8%

The automaker said that the shortage of electronic components had some impact on the production of vehicles

Shirdi Saibaba Temple to close from today? Here's what the trust says

The Shirdi town has a population of around 25,000 and the Saibaba Temple is visited by over 50,000 devotees daily