US-based Tesla is working through a lot of challenges with the government to launch its products in India, the electric car major's founder and CEO Elon Musk said on Thursday. Responding to a tweet on the company's plans to launch its products in India, Musk tweeted: "Still working through a lot of challenges with the government." Last year, Tesla had sought a reduction in import duties on electric vehicles (EVs) in India.
Coming Wednesday, Finance Minister (FM) Nirmala Sitharaman will present the 2023 Union Budget - the last full Budget ahead of the 2024 Lok Sabha elections. While India exited 2022 as a relatively bright spot in the global economy, the FM will endeavour to present a Budget that insulates India's economy against global headwinds and recession in advanced economies, while sticking to the path of fiscal consolidation. In this, she is being helped by her core team of trusted advisors.
Hospitality firm OYO is planning to raise up to $1.2 billion (around Rs 8,000 crore) through an initial public offering and is expected to file the draft red herring prospectus with Sebi next week, sources told PTI on Thursday. OYO has appointed investment banks like JPMorgan, Citi and Kotak Mahindra Capital to manage its public issue, they added. Comments from OYO could not be obtained at the time of filing the story. The proposed initial public offer (IPO) plan of the hospitality firm follows the spectacular success of Zomato's IPO that ended with a bumper oversubscription on July 16, and was biggest since March 2020.
Although the Disaster Management Act for Covid containment measures, considered a hindrance in conducting the census, was withdrawn in March this year the Centre has not taken any further action on conducting the much-delayed population enumeration.
Aligarh Muslim University on Wednesday suspended a professor who referred to examples of "rape" in Hindu mythology during a forensic science class, provoking accusations of hurting religious sentiments.
The Economic Offences Wing of the Delhi Police has registered a case against two NGOs in connection with financial irregularities, an official said on Saturday.
The top court also asked the Uttar Pradesh government, which opposed the bail plea of Ashish Mishra terming the offence as 'grave', to file an affidavit with regard to the status of the second case filed over the killing of three occupants of the SUV, which allegedly mowed down the farmers.
The two students were also asked to vacate the campus after the institute charged them of trying to 'misrepresent facts'.
'We would love to have more players entering the market because that is how the business will grow.'
BCCI registered its new constitution with the Registrar of Societies of Tamil Nadu in Chennai, paving the way for the Committee of Administrators (COA) to chalk out a roadmap for conducting elections.
Peeved about long delays in hearing the bail applications of convicted prisoners pending their appeals, the Supreme Court on Monday pulled up the Allahabad high court, saying it should start thinking "out of the box" and convene even on off days to ensure quick disposal.
According to an Election Commission statement, the two have decided not to avail exemption from income tax on sumptuary allowance and to surrender two of the three Leave Travel Concessions (LTC) available each year.
"Convict him or acquit him," an anguished Supreme Court observed on non-framing of charges on an accused jailed for 11 years over serial blasts in multiple Rajdhani Express and other trains in 1993.
The Centre has also listed 24 bills, including the Cantonment Bill, the Multi-State Cooperative Societies (Amendment) Bill and the Insolvency and Bankruptcy Code (Amendment) Bill.
As per a senior NIA official, the anti-terror agency has "nominated Inspector General of Police Santosh Rastogi to assist the Registrar General of Punjab and Haryana High Court to secure and seize the records related to the visit of Prime Minister to Punjab on January 5, 2022, from State and Central Agencies".
The Committee of Administrators headed by ex-CAG Vinod Rai shall demit office after elected office-bearers of BCCI take charge, the Supreme Court said.
Indrani laughed loudly. She looked like the cat that got the cream, smiling gaily. Vaihayasi Pande Daniel reports from the Sheena Bora murder trial.
The government said it had received many representations seeking extension of time citing many difficulties due to the second wave of Covid-19 and the subsequent lockdowns. MCA has asked the registrar of companies to approve the extension of the time limit to hold the AGM.
A plea against his transfer order moved by a sessions judge, who made controversial observations in his orders while granting bail to an accused in two sexual harassment cases, was dismissed by the Kerala high court on Thursday.
Ishtiaq Ahmed Khan, a businessman, has donated the land for the 'Virat Ramayana Temple'.
The Delhi high court on Tuesday sought the response of Union Minister Smriti Irani on a plea by microblogging site Twitter seeking certain clarifications in the court's earlier order by which it had directed social media giants to remove web links allegedly containing objectionable material against the BJP leader and her daughter.
The increase in death registration in 2020 compared to 2019 is not entirely due to Covid fatalities, Niti Aayog member VK Paul has said, asserting that "exorbitant" multiples of coronavirus deaths being published by some agencies with respect to India must stop.
A bench headed by Chief Justice N V Ramana also appointed the Inspector General of the National Investigation Agency, Director General of Police of Chandigarh, the Registrar General of the Punjab and Haryana high court and the Additional DGP (Security) of Punjab as members to the Justice Malhotra panel.
The Congress party slammed Chief Minister K Chandrasekhar Rao and claimed that his pressure tactics resulted in the varsity's denial of permission.
Modi is also expected to hold bilateral meetings on the sidelines of the summit, including with Putin, and Uzbek President Shavkat Mirziyoyev among other leaders.
Gujarat legislator Jignesh Mevani was granted bail by a court in Assam's Barpeta district on Friday in a case related to the alleged assault of a woman police officer.
Greenpeace contended that the order cancelling its licence was false and violated law.
Tyagi is possibly the first Delhi University VC to face suspension. University officials said such an action had not been taken against any VC in at least three decades.
'A delay of two years has happened, but stretching it to 2024 is a bit too far.' 'And we do not know about 2024 also.'
'There are unscrupulous traders who create fake invoices by showing bogus e-way bills, movement of goods.' 'Since the entities registered across different states, and kept on changing their numbers, tracing them was difficult.'
Promoter shareholders -- Vodafone Group and Aditya Birla Group -- have reiterated to the board that they intend to contribute up to Rs 11,000 crore and up to Rs 7,250 crore, respectively, amounting to a total of Rs 18,250 crore, as part of the Rs 25,000-crore rights issue.
Sixty-six such parties claimed IT exemption in FY20 without complying with statutory requirements under the Representation of the People Act and 2,174 have not submitted contribution reports, the EC said.
There has been a decline of four points in male U5MR and three points in female U5MR during the corresponding period.
At the same time, the bench also said the observations of the appellant in the bail order were indeed "derogatory to women and wholly uncalled for".
Party insiders concede statements of the Raja kind have the potential to hurt the DMK's electoral chances in closely-fought seats in 2024, observes N Sathiya Moorthy.
Sources said his residence and NGO offices located in south Delhi's Vasant Kunj, Adchini and Mehrauli areas are being searched under the provisions of the Prevention of Money Laundering Act (PMLA).
Despite strong AUM growth, MFs lag behind other popular investment avenues. MFs received only 6 per cent of total household savings in 2021-2022.
The government has no proposal at present to release the report of the caste census carried out in 2011, the Rajya Sabha was informed on Wednesday.
The government wants to complete the operations rapidly, including the actual counting of people, by February next year, reports Subhomoy Bhattacharjee.
Billionaire Gautam Adani's group on Monday said it has written confirmation that accounts of three foreign funds that are among its top shareholders are not frozen and reports to the contrary are "blatantly erroneous and misleading". Shares of Adani group companies plunged on Monday after reports that the National Securities Depository Ltd (NSDL) froze the accounts of the three foreign funds that are among the top stakeholders in the firms. Adani Enterprises, the conglomerate's flagship company, as also Adani Ports and Special Economic Zone, Adani Green Energy Ltd, Adani Transmission Ltd, Adani Power and Adani Total Gas Ltd in identical filings to the stock exchanges said the reports of NSDL freezing accounts of Albula Investment Fund, Cresta Fund and APMS Investment Fund holding shares in the group firms were "blatantly erroneous and is done to deliberately mislead the investing community."
