US prosecutors have indicted billionaire Gautam Adani and his nephew, Sagar Adani, among others, for their alleged role in a $265 million (Rs 2,000 crore) bribery case to secure solar power supply contracts in India, plunging the edible oil-to-ports giant into a second major controversy in 22 months, after the allegations by short-seller Hindenburg Research.Arrest…
NEW DELHI: Observing that a fair trial was given even to 26/11 terrorist Ajmal Kasab, Supreme Court on Thursday suggested that a makeshift courtroom could be set up in Tihar jail to physically cross-examine prosecution witnesses in the Rubaiya Sayeed kidnapping case, as CBI said it was not possible to make terror convict Yasin Malik…
New Delhi: The city’s air quality turned very poor on Thursday. Despite being toxic, it was still seen as an improvement since the city was suffering under severe AQI for the past five days.As the fog moved with shallow haze and a thin smog layer with winds up to 6-8 kmph, the city’s air quality…
NEW DELHI: Is battery rental model, which allows customers easier affordability by paying only for a car, with battery costs being paid as monthly EMIs, working for electric cars? JSW MG’s Windsor, the first electric car to come with ‘battery as a service’ (BAAS) model, was the largest selling green car last month, pipping much-established…
MUMBAI: Japanese retailer Uniqlo is increasing sourcing from India for global markets and is expanding production in the country, said Kenji Inoue, COO and CFO at Uniqlo India. “For our India stores, we are sourcing about 15.5% of our requirements locally but the share is higher for exports and the strategy is to keep sourcing…
MUMBAI: Reserve Bank of India governor Shaktikanta Das has reiterated that the central bank’s war against inflation is not yet over, indicating that rates will remain higher for longer.“By emphasising our firm commitment to realign inflation with the target, we also categorically say that it is not enough to be within the tolerance band, and…
MUMBAI: Zepto has raised a fresh funding of $350 million from a clutch of domestic investors led by Motilal Oswal’s private wealth division at a flat valuation of $5 billion, taking its total fund count for the year to over $1 billion. This marks the third fund-raise by the quick commerce startup this year as…
The Financial Times said Trump Media and Technology Group , which operates Truth Social, is close to an all-stock acquisition of Bakkt, which is backed by NYSE-owner Intercontinental Exchange. LONDON: Bitcoin‘s march toward $100,000 gathered pace on Thursday as investors bet a friendlier US regulatory approach to cryptocurrencies under President-elect Donald Trump will unleash a…
JAMMU: The Army has launched an inquiry into allegations of torturing four civilians detained for questioning in connection with recent terrorist attacks, including the killing of a JCO and two village defence guards (VDGs), in Kishtwar district of J&K’s Jammu division.The detained men — Sajad Ahmad, Abdul Kabir, Mushtaq Ahmad, and Mehraj-ud-Din, all residents of…
Former US Representative Matt Gaetz on Thursday announced that he is withdrawing his name from consideration for President-elect Donald Trump‘s attorney general as his confirmation was becoming a distraction to the critical work of the Trump/Vance transition.“I had excellent meetings with Senators yesterday. I appreciate their thoughtful feedback – and the incredible support of so…
