A special court here has allowed the release of properties worth Rs 66.33 crore, owned by fugitive diamantaire Nirav Modi and his sister Purvi Modi and attached by the Enforcement Directorate (ED) in connection with the multi-crore PNB fraud case.
Benchmark indices Sensex and Nifty ended lower for the third straight session on Thursday, in line with weak trends in global markets as the ongoing Iran-Israel conflict continues to weigh on investors’ sentiment. Photograph: Shailesh Andrade/Reuters The US Fed’s decision
The company is targeting countries like Germany, Italy, France, Spain, Portugal, and the UK which account for over 70 per cent of Europe’s two-wheeler volumes. IMAGE: The Ultraviolette F77. Photograph: Kind courtesy Ultraviolette/Instagram.com Bengaluru-based electric two-wheeler (e2W) manufacturer Ultraviolette
Finance Minister Nirmala Sitharaman on Wednesday asked fintech startups to come out with solutions to deal with the rising incidence of digital arrests, cheating by fly-by-night operators, and other kinds of cyber frauds. Photograph: ANI Photo Speaking at the Digital
Debt-ridden telecom operator Vodafone Idea on Wednesday announced a partnership with satcom firm AST SpaceMobile, a rival of Elon Musk-owned SpaceX, for delivering satellite service on smartphones directly. Photograph: Reuters AST SpaceMobile is building the first and only space-based cellular
Google’s stance on the optimism and pro-innovation around artificial intelligence (AI) is very similar to the principles adopted by the Indian government under its IndiaAI Mission, the company’s vice-president of government affairs and public policy in the Asia-Pacific Region, Wilson
With the interest rate cut cycle nearing its end, several debt fund managers are shifting their focus towards interest income rather than betting on duration in anticipation of capital gains. Debt funds, especially those mandated to invest in longer-dated bonds,
Paddy sowing so far this Kharif season is higher by 13 per cent at 4.53 lakh hectares, according to the government data. Photograph: Amit Dave/Reuters Sowing of paddy stood at 4 lakh hectares in the same period last year. The
Benchmark indices Sensex and Nifty closed lower on Tuesday amid profit-booking after a sharp rally in the previous session as investors turned cautious in view of the ongoing conflict between Israel and Iran. Photograph: ANI Photo Besides, investors preferred to
Billionaire Mukesh Ambani-led Reliance Industries on Monday sold 85 lakh shares of Asian Paints for Rs 1,876 crore through an open market transaction. Photograph: Shailesh Andrade/Reuters The share sale came days after Reliance Industries offloaded 3.50 crore equity shares or
