A day after picking up five people for questioning, the police have prepared a sketch of the man who sent an email from Kashmir's Kishtwar district, claiming responsibility for the Delhi high court blast. As per the description provided by the detained people, including the cyber cafe owner, the sender is a 17-18 year old boy, and the police are hopeful of tracking the suspect soon.
The share of slow-moving orders in the overall order book of Larsen & Toubro (L&T) is at a multi-year low. This has led to a renewed focus on fast-moving orders. A mix of factors such as commodity price fluctuations, robust order inflow and strong sectoral demand have put capital goods order book in the fast lane, analysts and company executives said. L&T, with its large presence in the capital goods sector, is often seen as the bellwether for trends in this space.
We as customers have to be conscious and careful to sidestep numerous types of frauds made possible under a mindless shift to a digital ecosystem without customer-redress procedures, warns Debashis Basu.
The FIR against the Indian arm of the global NGO Oxfam was registered based on a complaint from the ministry of home affairs.
In an interview via email days ahead of his visit to New Delhi to attend the G20 summit on September 9 and 10, Sunak said Wednesday the response from the Indian people to his appointment as the prime minister was "overwhelming and humbling."
Not just unclaimed bank deposits, there are thousands of crores of rupees locked in unclaimed shares and insurance policies lying with many institutions across India.
Sharing a government public notice on 'X', formerly Twitter, Sarma appealed to the people to send their suggestions on the proposed law to ban polygamy in Assam.
'In case the El Nino pattern plays out negatively and/or the political situation becomes messy, we may see markets correcting and waiting for the situation to become clear by early/mid-2024.'
As its backyard remains embroiled in tension, Gurugram is exercising caution.
A European cargo airline has moved the National Company Law Tribunal seeking expeditious acquisition of three Jet Airways B777-300 aircraft. The application is by a Malta-based Ace Aviation VIII Limited, which emerged as a successful bidder in the auction of three Boeing 777-300ER aircraft. The firm is part of a Belgium-based cargo airline and its application will be heard on Wednesday.
Personal information such as name, gender, email address and phone numbers of some Akasa Air passengers has been leaked to "unauthorised individuals", the airline stated on Sunday. India's newest carrier said it self-reported this incident to Indian Computer Emergency Response Team CERT-In, which is the government-authorised nodal agency tasked to deal with matters of this nature. However, Akasa Air asserted that there was no "intentional hacking attempt, but that the situation was reported by a research expert through a journalist for which we are grateful".
Former United States President Donald Trump has pleaded not guilty to 34 charges against him at a Manhattan court where he is facing arraignment on history-making criminal charges related to paying hush money to a porn star before the 2016 presidential election in exchange for her silence.
Hundreds of millions of dollars were invested in publicly traded Adani group stocks through Mauritius-based 'opaque' investment funds by partners of promoter family, the Organised Crime and Corruption Reporting Project (OCCRP) alleged on Thursday. The fresh allegations by an organisation funded by likes of George Soros and Rockefeller Brothers Fund come months after a US short seller wiped away close to $150 billion in value of Adani group stocks with allegations of accounting fraud, stock price manipulation and improper use of tax havens by the ports-to-energy conglomerate run by billionaire Gautam Adani. Adani group has denied all allegations. Citing review of files from multiple tax havens and internal Adani Group emails, OCCRP said its investigation found at least two cases where the "mysterious" investors bought and sold Adani stock through such offshore structures.
In a major setback to the Mumbai police, a court here today dropped the charges under stringent Maharashtra Control of Organised Crime Act against the 23 persons arrested for having links with terrorist group Indian Mujahideen.
The former Congress chief was scheduled to visit Prayagraj for a function at the Kamla Nehru Memorial Hospital on Tuesday, Rai said.
After assuring shareholders that Byju's is on a strong footing, Chief Executive Officer Byju Raveendran, after much delay, spoke to employees in a townhall session. In his first-ever address to employees since problems began at Byju's, Raveendran spoke about the resignation of auditors and board members, the Term Loan B dispute, and the future of educational technology (edtech). Raveendran also asked his team to 'rise above the noise' and work with resilience and determination.
Embattled Adani Group on Monday said it has put on hold major equipment procurement and site construction activities for the Rs 34,900 crore petrochemical project at Mundra in Gujarat as the project has not yet tied up finances. The group's flagship Adani Enterprises Ltd (AEL) incorporated a wholly-owned subsidiary, Mundra Petrochem Ltd in 2021 for setting up a greenfield coal-to-PVC plant at Adani Ports and Special Economic Zone (APSEZ) land in the Kutch district of Gujarat. Asked by stock exchanges to comment on a PTI report on Sunday that the group has suspended work on the project, AEL said, "The financial closure of the Green PVC project of Mundra Petrochemicals Limited ( MPL) is pending with the financial institutions and it is in their active consideration."
Nirma's tryst with the pharmaceutical space started in 2006 when it acquired the ailing Core Healthcare in a deal reported to be worth Rs 300 crore. The Ahmedabad-based manufacturer of intravenous fluids was subsequently renamed Nirlife. Pharma industry insiders say Nirma, which broke open the detergent market in the 1990s with low prices and massive advertising, tried an encore of the low-price strategy in pharma, but with mixed results.
Edtech major Byju's is growing slowly but sustainably and is close to achieving profitability at the group level, the company's CEO Byju Raveendran said on Thursday. The company organised a town hall with Raveendran to allay apprehensions about the uncertainty around the company's growth and its future. According to sources, who attended the town hall, Raveendran said that issues with $1.2 billion Term Loan B lenders are being resolved through discussion and hopeful of a positive outcome in the next few weeks without the court's intervention.
Delhi Commission for Women chief Swati Maliwal on Sunday said she will be going to strife-torn Manipur despite the state government allegedly denying her permission for the visit.
Indian team's jersey sponsor Byju's wants to terminate its agreement with the BCCI which has asked the company to continue at least until March 2023.
WhatsApp Pay India Vinay Choletti has resigned just after four months he was elevated to the position, according to his details on a professional social media platform. Choletti's resignation is the fourth high-profile exit in about one and half months from Meta in India after its country head Ajit Mohan stepped down in November. After Mohan, WhatsApp India head Abhijit Bose and Meta India Public Policy Head Rajiv Aggarwal also resigned from the company last month.
The fledgling Akasa Air has told the Delhi high court it is in a "state of crisis" following the "sudden and abrupt" resignation of over 40 pilots who left the airline without serving the mandatory notice period. The airline and its CEO Vinay Dube approached the high court with their petition on September 14, seeking a direction to the Directorate General of Civil Aviation (DGCA) to take coercive action against these pilots for their "irresponsible actions". The high court has fixed the plea for hearing on Friday.
The song, he believes, that perfectly epitomises Lata Mangeshkar's spirit is Rahe Na Rahe Hum from the 1996 film, Mamta, that stars Dharmendra, Suchitra Sen and Ashok Kumar.
Essel Mining & Industries Limited (EMIL), Adani Enterprises (AEL), and JSW Steel are looking to surrender their mines. Of these, AEL and EMIL have already notified the government.
The government is close to approving a proposal by Micron Technology to set up an assembly, testing, marking and packaging (ATMP) facility in the country involving an investment of about $1 billion. The world's fifth largest semiconductor company, based in Idaho, USA, will use the facility to process some of its own wafers, manufactured across the globe.
Appearance through video conferencing, refraining from making comments on the physical appearance and educational background of government officials and reasonable time frame for compliance of judicial orders are some of the suggestions enumerated in the Standard Operating Procedure (SOP) the government has submitted to the Supreme Court for consideration.
American media quoted Trump's attorneys as saying that the 76-year-old Republican leader, eying the White House for a second time in 2024, will plead not guilty.
In the wake of heightened threat perception, the Supreme Court has curtailed the entry of visitors including law interns in the high security complex and requested advocates to be extra-cautious of any suspicious activity within its premises.
An increased brand fee paid by India-listed Vedanta, apart from record dividend, has helped Vedanta Resources (VRL) - the London-based holding company of Vedanta Group - to repay part of its debt. Vedanta paid a brand fee of Rs 2,632 crore ($325 million) for 2022-23 (FY23), according to Nomura report. This was after the Anil Agarwal-owned holding company raised the brand fee to 2 per cent of the turnover for its Indian businesses in 2021.
With the third and final round of layoffs implemented by Facebook's parent company Meta Platforms, Inc. in process globally, India, too, has seen its impact, with some senior executives being asked to leave. Some of the executives to have been impacted are Avinash Pant, India's director of marketing; Saket Jha Sourabh, director and head of media partnerships; and Amrita Mukherjee, one of the directors on the legal team. An email sent to the company did not elicit any comment on the development until the time of going to press.
Two listed firms belonging to the Baba Kalyani Group (BNK Group) have contested their inclusion as parties in a suit pertaining to family dispute over ownership of chemical firm Hikal. The co-promoters of the company - Kalyani and Hiremath families - are mired in a legal dispute, with the latter seeking transfer of ownership of shares held by the BNK Group, citing nearly three-decade old family arrangement. An affidavit filed in reply to Hiremath's suit petition in the Bombay high court, BF Investment (BFIL) and Kalyani Investment Company (KICL) have stated that they are separate and distinct legal entities and were not even incorporated and party to the 'family arrangement'.
The state with the most people has displaced the state with the largest economy in terms of investor additions. Uttar Pradesh (UP) added 126,000 new investors in April, reveals National Stock Exchange (NSE) disclosures. This is higher than Maharashtra's 118,000. Maharashtra, which is home to India's financial capital of Mumbai, has traditionally been the biggest source of investors.
A team of Mumbai Police which travelled to Delhi to serve a summons to suspended Bharatiya Janata Party leader Nupur Sharma in connection with a case regarding her controversial remarks about Prophet Muhammad could not find her, an official claimed in Mumbai on Friday.
Japan's Sony Corporation, which is merging its Indian television content company with Zee Entertainment Enterprises, is likely to seek a fresh forensic audit of the company after market regulator Sebi levelled fund diversion charges against Zee promoters, top lawyers said. The Sebi also barred Zee founder Subhash Chandra and its Chief Executive Officer (CEO) Puneet Goenka from holding any position as director. "As the Sebi has made fund diversion charges, which may change the nature of audited reports already filed, the acquirer (Sony) can seek a fresh forensic audit," said H P Ranina, a corporate lawyer.
A 47-year-old Indian-American data analyst was killed on the spot after being struck by a bus at Boston's international airport where he had gone to pick up a friend, according to a media report.
Prime Minister Modi's visit saw India and the US signing several major deals to boost cooperation in key areas such as defence, space and trade.
Rejecting allegations of showing undue interest in and interfering with the probe, Goa Chief Minister Manohar Parrikar on Wednesday said the state government has a duty to do justice to the girl in the case of alleged sexual assault by Tehelka Editor Tarun Tejpal.
Twitter "took extraordinary steps to suppress" The New York Post's Hunter Biden laptop story, removing links and posting warnings that it may be "unsafe."
Capital markets regulator Sebi has imposed a penalty of Rs 10 lakh on Jayant Bhusare, who was one of the executive of Sampark Infotainment, in a case pertaining to the irregularities in the NSE's 'Dark Fibre' case. He has been directed to pay the fine within 45 days, the Securities and Exchange Board of India (Sebi) said in its order. On Tuesday, the regulator had levied a fine totaling Rs 44 crore on 18 entities, including NSE, Sampark, certain brokers and their respective past and present employees in the same matter.
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