Companies Indian Subcontinent Industries

Amazon knocks SC door against Future-Reliance Rs 24,713 crores deal

Amazon moves SC against HC stay order restraining Future-Reliance deal Future Retail says it got communication from Amazon that it has filed Special Leave Petition before Supreme Court   Future Retail on Wednesday said Amazon has approached Supreme Court against a Delhi High Court order which stayed a single judge’s order restraining Future Retail Ltd Read More…

America Asia BJP Companies Indian Subcontinent Life Style

Suspecting role in Myanmar coup – S&P Dow Jones Indices removed Adani scrip

According to Reuters BJP Prime Minister Gujarat state Busines magnet Gautam Adani-owned Adani Ports and Special Economic Zone (APSEZ) has been removed by S&P Dow Jones Indices from its sustainability index, the New York-based stock exchange said in a statement on Monday   Citing the firm’s business ties with the Myanmar military, responsible for the Read More…

Companies Indian Subcontinent Industries Regulators

DMK condemns Modi govt move to scarp Intellectual Property Appellate Board in Tamilnadu

DMK President M.K. Stalin on Saturday condemned the central government’s decision to scrap the Intellectual Property Appellate Board (IPAB) located in the capital Chennai .     In a statement issued here, DMK president Stalin said the BJP central government should form public sector enterprises, but the current Modi led government is scrapping or selling Read More…

BJP Companies France Indian Subcontinent Opinion

Actress Ambani Ex French president Indian link arouses uneasy questions to PM Modi in Rafale deal

French prosecutors sat over allegations of influence peddling, favouritism and money laundering in the controversial Rafale deal, claims Mediapart in the second part of its investigation.   In the first part it had exposed how an Indian middleman, Sushen Gupta of Defsys Solutions in Gurugram ( with offices in Bangalore and Hyderabad) had been paid Read More…

ADMK BJP Companies Life Style Regulators South India

IT sleuths uncovered unaccounted cash at MNM treasurer residence put Kamal on spot

The Income Tax department raids against the Makkal Needhi Maiam party treasurer has put actor turned politician Kamal Haasan in a spot .   It should be noted Just days ago in the India Today conclave, Kamal who seldom speaks against BJP at centre has said that he has no fear of any central agency Read More…

Companies Indian Subcontinent Industries

VIL says its Spectrum acquisitions and core cloudification makes it strong in 5G market

Vodafone Idea Limited (VIL) Chief Regulatory and Corporate Affairs Officer, P Balaji sought to “debunk the myth” that VIL may not have acquired large amounts of spectrum due to financial constraints.   Spectrum acquisition in recent auctions to fill certain gaps in some circles has put VIL on a “strong footing” to be competitive in Read More…

Companies Indian Subcontinent Industries North India Regulators

North Indians arrested for master minding GST tax credit Scam mounting to Rs 690 Crores

Two North Indian Vikas and Manish were involved in GST fraud by way of issuance of fake GST invoices in excess of Rs 4,800 crore which defrauded the exchequer of more than Rs 690 crore.  Both the accused, residents of Sirsa in Haryana, had relocated to Nepal in a bid to escape being caught and Read More…

Companies Industries South India

Chennai leading bullion trader raid disclose non proper accounts of Rs 1000 Crores

Income Tax  sleuths carried out searches on March 4 at 27 premises in Chennai, Mumbai, Coimbatore, Madurai, Tiruchirappalli, Thrissur, Nellore, Jaipur and Indore.   In that search department sources said Unaccounted cash of Rs 1.2 crore was seized   “The evidences found in the premises of the bullion trader revealed that there were unaccounted cash Read More…

China Companies Indian Subcontinent

Airtel endorsed 40m US$ business contract with Chinese Huawei

Chines corporate giant Huawei bags Rs 300 crore network contract from Bharti Airtel   Bharti Airtel has awarded a telecom infrastructure expansion contract worth around Rs300 crore to embattled Chinese gear major Huawei, multiple people aware of the development said.   “This is kind of a deal which is considered massive in this space. Airtel Read More…

Companies Entertainment Indian Subcontinent Industries Life Style Supreme Court

SC asks centre to prepare draft Bill to control O.T.T platform in India

The Supreme Court on Friday granted protection from arrest to India Head of Amazon Prime Video, Aparna Purohit in the case registered against her in connection with the web series ‘Tandav’.   A Bench of Justices Ashok Bhushan and Subhash Reddy also observed that the regulations in place to govern Over the Top (OTT) platforms Read More…