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DMRC Signs Agreement to Improve Internet Connectivity Across All Corridors
The Delhi Metro Rail Corporation (DMRC) has signed an agreement with Beckhaul Digital Technologies Pvt Ltd to enhance internet connectivity across its corridors. The telecommunication company will lay 700km of fibre optic cables along all metro lines, including the Airport Line. The rollout will occur in phases, starting with the Pink and Magenta L...
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Tata Electronics Acquires 60 Percent Stake in iPhone Maker Pegatron Technology India
Tata Electronics Pvt Ltd (TEPL) has acquired a 60 percent controlling stake in Pegatron's India unit. Pegatron India, a subsidiary of Taiwan's Pegatron Corporation, provides contract-based electronics manufacturing services (EMS) to major global companies such as Apple.
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100 Notices Against Bhavesh Bhinde, Mumbai Billboard Collapse Accused
Over 100 notices have been issued against Mumbai businessman Bhavesh Bhinde, whose company installed - illegally, city officials have claimed - the hoarding in Ghatkopar that collapsed last week, killing 16 people.
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Probe Agency Freezes Rs 123 Crore Of Shell Firms In Illegal Betting Case
The amount was frozen following searches conducted last week at 10 locations in Mumbai, Chennai and Kochi.
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'Can't Keep In Jail Before Trial For Long': Supreme Court In Liquor Policy Case
The Supreme Court has granted bail to a senior executive of Pernod Ricard India, a subsidiary of one of the world's largest alcoholic beverages company, in connection with the Enforcement Directorate's case about the Delhi liquor policy scam.
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Woman Employer Puts Footwear In Dalit Man's Mouth, Makes Him Say Sorry Over Salary
A case was filed against a businesswoman and at least six others for allegedly assaulting a 21-year-old Dalit man, who worked in her company for a fortnight, and forcing him to apologise by holding her footwear in his mouth.
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Ola Cabs Loss Widens To Rs 3,082 Crore In FY22
Ride-hailing company Ani Technologies Pvt Ltd, popularly known as Ola Cabs, saw its loss widening to Rs 3,082 crore in 2021-22, according to financial data accessed by business intelligence platform Tofler.
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Probe Agency Raids Delhi-Based Firm That Donated Rs 2.5 Crore To UK Party
The Enforcement Directorate (ED) on Thursday said it has raided a Delhi-based rice company and its promoter, who donated about Rs 2.5 crore to a political party in the UK, as part of a money laundering probe linked to an alleged bank loan fraud.
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Court Frees Xiaomi's Rs 3,700 Crore Deposits, Quashes Income Tax Order
In a major relief to Xiaomi Technology India Pvt Ltd, the Karnataka High Court has set aside Income Tax's seizure order of Rs 3,700 crore of the company's fixed deposits.
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High Court Dismisses Plea To Summon Actor Vivek Oberoi, Family In Alleged Cheating Case
The Delhi High Court has dismissed a plea seeking summoning of Bollywood actor Vivek Oberoi, his father Suresh Oberoi and their Delhi-based firm Yashi Multimedia Pvt Ltd for allegedly cheating an entertainment company in 2003.
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In Gujarat Bridge Reopening, Clear Contract Violation: Your 5-Point Guide
The private company that renovated the British-era bridge in Gujarat's Morbi, which collapsed yesterday, killing at least 141 people, opened the bridge to the public months before the agreed time.
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Probe Agency Attaches Rs 1,317-Crore Assets Linked To Ireo Group In Money Laundering Case
The Enforcement Directorate (ED) has attached properties worth Rs 1,317.30 crore belonging to real estate company IREO Pvt Ltd, its Managing Director cum Vice President Lalit Goyal, associated entities and key managerial persons.
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Paytm, Razorpay Searched In Bengaluru In Probe Into Chinese Loan App
The Enforcement Directorate searched the premises of online payment companies including Razorpay Pvt Ltd, Cashfree Payments and Paytm Payment Services Ltd. as part of a probe into a Chinese loan app.
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Toyota To Manufacture EV Components In India; Invests Rs. 4800 Crore
The Toyota Group Of Companies announced their Memorandum of Understanding (MOU) with the Government of Karnataka to invest Rs. 4,800 crores.
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Omega Seiki Mobility To Open Over 500 Dealerships Across India
The company has partnered with Electro Ride (a unit of Goenka Green Pvt Ltd) to open over 500 dealerships by FY 2023-24.
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DMRC Signs Agreement to Improve Internet Connectivity Across All Corridors
The Delhi Metro Rail Corporation (DMRC) has signed an agreement with Beckhaul Digital Technologies Pvt Ltd to enhance internet connectivity across its corridors. The telecommunication company will lay 700km of fibre optic cables along all metro lines, including the Airport Line. The rollout will occur in phases, starting with the Pink and Magenta L...
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Tata Electronics Acquires 60 Percent Stake in iPhone Maker Pegatron Technology India
Tata Electronics Pvt Ltd (TEPL) has acquired a 60 percent controlling stake in Pegatron's India unit. Pegatron India, a subsidiary of Taiwan's Pegatron Corporation, provides contract-based electronics manufacturing services (EMS) to major global companies such as Apple.
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100 Notices Against Bhavesh Bhinde, Mumbai Billboard Collapse Accused
Over 100 notices have been issued against Mumbai businessman Bhavesh Bhinde, whose company installed - illegally, city officials have claimed - the hoarding in Ghatkopar that collapsed last week, killing 16 people.
-
Probe Agency Freezes Rs 123 Crore Of Shell Firms In Illegal Betting Case
The amount was frozen following searches conducted last week at 10 locations in Mumbai, Chennai and Kochi.
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'Can't Keep In Jail Before Trial For Long': Supreme Court In Liquor Policy Case
The Supreme Court has granted bail to a senior executive of Pernod Ricard India, a subsidiary of one of the world's largest alcoholic beverages company, in connection with the Enforcement Directorate's case about the Delhi liquor policy scam.
-
Woman Employer Puts Footwear In Dalit Man's Mouth, Makes Him Say Sorry Over Salary
A case was filed against a businesswoman and at least six others for allegedly assaulting a 21-year-old Dalit man, who worked in her company for a fortnight, and forcing him to apologise by holding her footwear in his mouth.
-
Ola Cabs Loss Widens To Rs 3,082 Crore In FY22
Ride-hailing company Ani Technologies Pvt Ltd, popularly known as Ola Cabs, saw its loss widening to Rs 3,082 crore in 2021-22, according to financial data accessed by business intelligence platform Tofler.
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Probe Agency Raids Delhi-Based Firm That Donated Rs 2.5 Crore To UK Party
The Enforcement Directorate (ED) on Thursday said it has raided a Delhi-based rice company and its promoter, who donated about Rs 2.5 crore to a political party in the UK, as part of a money laundering probe linked to an alleged bank loan fraud.
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Court Frees Xiaomi's Rs 3,700 Crore Deposits, Quashes Income Tax Order
In a major relief to Xiaomi Technology India Pvt Ltd, the Karnataka High Court has set aside Income Tax's seizure order of Rs 3,700 crore of the company's fixed deposits.
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High Court Dismisses Plea To Summon Actor Vivek Oberoi, Family In Alleged Cheating Case
The Delhi High Court has dismissed a plea seeking summoning of Bollywood actor Vivek Oberoi, his father Suresh Oberoi and their Delhi-based firm Yashi Multimedia Pvt Ltd for allegedly cheating an entertainment company in 2003.
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In Gujarat Bridge Reopening, Clear Contract Violation: Your 5-Point Guide
The private company that renovated the British-era bridge in Gujarat's Morbi, which collapsed yesterday, killing at least 141 people, opened the bridge to the public months before the agreed time.
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Probe Agency Attaches Rs 1,317-Crore Assets Linked To Ireo Group In Money Laundering Case
The Enforcement Directorate (ED) has attached properties worth Rs 1,317.30 crore belonging to real estate company IREO Pvt Ltd, its Managing Director cum Vice President Lalit Goyal, associated entities and key managerial persons.
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Paytm, Razorpay Searched In Bengaluru In Probe Into Chinese Loan App
The Enforcement Directorate searched the premises of online payment companies including Razorpay Pvt Ltd, Cashfree Payments and Paytm Payment Services Ltd. as part of a probe into a Chinese loan app.
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Toyota To Manufacture EV Components In India; Invests Rs. 4800 Crore
The Toyota Group Of Companies announced their Memorandum of Understanding (MOU) with the Government of Karnataka to invest Rs. 4,800 crores.
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Omega Seiki Mobility To Open Over 500 Dealerships Across India
The company has partnered with Electro Ride (a unit of Goenka Green Pvt Ltd) to open over 500 dealerships by FY 2023-24.
