Maharashtra

Mumbai, Mar 11 (PTI) Two persons from Mumbai on Wednesday tested positive for coronavirus, taking the number of such cases in Maharashtra to 10, Chief Minister Uddhav Thackeray said.

There are eight coronavirus positive cases in Pune, the chief minister told reporters at Vidhan Bhawan.

Jalna, Mar 11 (PTI) A court here in Maharashtra has sentenced a man to life imprisonment for raping a minor girl nearly five years ago.

District and sessions court judge S G Vedpathakon Monday convicted the accused, Sanjay Ranghnath Havare, a resident of Rohanwadi here, and awarded him life imprisonment, assistant government pleader Varsha Mukimsaid.

Mumbai, Mar 12 (PTI) Equity benchmark Sensex crashed over 2,700 points and the broader Nifty sank below 9,700 (intra-day) on Thursday, wiping off over Rs 9 lakh crore worth investor wealth, after WHO declared COVID-19 a pandemic, spiking fears of a global economic recession.

After opening around 1,200 points lower, equities continued their downward spiral, with domestic BSE Sensex plummeting 2,707.39 points to 32,990.01 in morning session.

Mumbai, Mar 11 (PTI) The country's largest lender State Bank of India (SBI) on Wednesday said it has reduced its marginal cost of fund-based lending rate (MCLR) by up to 15 basis points across various tenors, effective March 10.

The bank has reduced its one-year MCLR by 10 basis points to 7.75 per cent from 7.85 per cent earlier, the SBI said.

Thane, Mar 11 (PTI) A district court here sentenced a 32-year-old man to seven years' rigorous imprisonment for repeatedly raping a woman in Vikramgad taluka of Maharashtra's Palghar district.

In an order issued on February 6, district judge Rajesh S Gupta convicted Nitin Mere of offences registered under sections 376 (rape) and 417 (cheating) and sentenced him to seven years of rigorous imprisonment.

Mumbai, Mar 9 (PTI) The Indian rupee continued its downward journey on Monday, sliding another 16 paise to 74.03 against the US dollar in opening trade, tracking weak opening in domestic equities amid mounting fears of a coronavirus-led economic slowdown.

Forex traders said weak opening in domestic equities and foreign fund outflows dragged the local unit.

Mumbai, Mar 9 (PTI) The Shiv Sena on Monday termed the BJP as the "real hypocrite" for criticising Maharashtra Chief Minister Uddhav Thackeray over his Ayodhya visit, saying this exposes the "evil intentions" of its former ally.

An editorial in Sena mouthpiece 'Saamana' said the opposition in Maharashtra is baffled because the Shiv Sena, despite joining hands with its ideological opponent Congress, has not distanced itself from 'Hindutva'.

New Delhi, Mar 9 (PTI) Investor wealth plummeted by nearly Rs 7 lakh crore on Monday as equity markets crashed tracking global equity sell-off amid mounting fears of an economic slowdown due to the coronavirus outbreak.

Market capitalisation (m-cap) of the BSE-listed companies saw a massive decline after the Sensex plunged over 2,467 points during the day, the 30-share index settled 1,941.67 points or 5.17 per cent lower at 35,634.95.

Likewise, the NSE Nifty slumped 538 points or 4.90 per cent to close at 10,451.45.

New Delhi, Mar 8 (PTI) Six of the 10 most valued domestic companies suffered a combined erosion of Rs 95,432.26 crore in market valuation last week, dragged down by Reliance Industries Limited (RIL) and HDFC Bank amid a bearish trend in the broader market.

During the last week, the BSE Sensex plunged 720.67 points or 1.88 per cent. On Friday, the Sensex plummeted 894 points amid the Yes Bank crisis and coronavirus outbreak which has stoked fears of a global recession.

Palghar, Mar 7 (PTI) A man has been booked for allegedly raping a minor girl repeatedly and then assaulting her for refusing his marriage proposal, Palghar police in Maharashtra said on Saturday.

The man, identified as Mahendra, was in a relationship with the 17-year-old girl and had raped her several times over the past six months, said a Vasai police official.