Moneycontrol Daily: Your Essential 7

Ruchi Soya Industries Ltd on April 5 approved the allotment of around 66.1 million shares to raise an amount of Rs 4,300 crore. The approval comes days after the Patanjali-backed company launched the follow-on public offer (FPO) which was subscribed 3.6 times. More here

Today:
Tata to reveal new EV
EU to discuss fresh Russia sanctions
PM Modi speech on BJP Foundation Day Tomorrow:
Tata Neu super app launch
Realme GT 2 Pro launch

The government is looking to garner about Rs 50,000 crore from the initial public offering of state-owned Life Insurance Corporation, according to a news report by Bloomberg. It said that the Centre is hoping to launch the public issue before approvals for the IPO expire on May 12. More here

A simple electrocardiogram (ECG) can identify hospitalised COVID-19 patients at high risk of death who might need intensive management, according to a study. The research shows that a prolonged QT interval on the ECG was an independent risk factor for both heart injury and one-year mortality. More here

“Looking forward to working with Parag & Twitter board to make significant improvements to Twitter in coming months!” Tesla boss Elon Musk tweeted after acquiring 9.2% stake in the microblogging platform. More here

Delhiites having an electric vehicle will now have a reason to rejoice as from June onwards they will be able to charge their EVs free of cost between 12 noon and 3 pm at over 40 public charging stations across the national capital. More here

Reliance Industries chief Mukesh Ambani retained the top spot on Forbes' list of India's 10 richest billionaires. He was closely followed by Adani Group head Gautam Adani, while HCL Technologies chairman emeritus Shiv Nadar secured the third spot. More here