Union Cabinet on Wednesday approved MHA’s proposal for continuation of the umbrella scheme for “safety of women” at a cost of Rs 1,180 crore for 2021-22 to 2025-26. Of the total project outlay, Rs 885 crore will be provided by MHA from its budget and Rs 294 crore will be funded from Nirbhaya Fund.The umbrella…
A team of researchers have found five Android apps that have been infected with Anatsa malware that is designed to infiltrate computers and mobile devices to steal users’ sensitive financial data. The researchers claim that these apps have been downloaded over 150,000 times.Researchers at fraud detection company ThreatFabric (via BleepingComputer) noticed an increase of Anatsa…
The Delhi High Court has upheld the Registrar of Companies’ order that rejected conversion of Reebok India Company from an “Unlimited Liability Company” to a “Limited Liability Company”. Dismissing Reebok India‘s petition, Justice Subramonium Prasad said that the reasons given by the RoC in rejecting the Reebok’s application on the ground that various prosecutions have…
NEW DELHI: India’s cricketing prowess and confidence were on full display as they secured a resounding victory over England in the third Test of the series, setting the stage for a thrilling match in Ranchi. Former Indian captain Sourav Ganguly showered praise on the team’s depth and assertiveness, highlighting the remarkable performances of emerging talents…
Representative Image Turkey-based diamond jewelry brand Zen Diamond has announced its plans to set up chain stores in top metros in India like Mumbai, Delhi, and Bangalore, along with establishing an online presence in the initial phase. Zen Diamond aims to target aspirational young and mid-age consumers in India. The brand said that it also…
Macy‘s said on Tuesday that investor Arkhouse Management has nominated nine individuals to its board, setting off a proxy battle just a month after the department store rejected a $5.8 billion go-private bid. The company had rejected the offer from Arkhouse and Brigade Capital on concerns over valuation, while it continues discussions for more information…
U.S. asset manager Davidson Kempner, owner of Britain’s Oak Furnitureland, is in discussions with British fashion retailer Superdry co-founder Julian Dunkerton about backing an offer for the clothing company, Sky News reported on Monday, without citing a source. The talks are at a preliminary stage and there is no guarantee that Davidson Kempner will ultimately…
Representative image The glittering diamonds sparkle the same but there are key differences: mined natural gems are more than a billion years old, while laboratory-made rocks are new and cost less than half the price. Man-made gems are reshaping the $89 billion global diamond jewellery market, especially in the west Indian city of Surat where…
Mumbai: The National Company Law Tribunal (NCLT) has ordered liquidation of jewellery retailer Gitanjali Gems, promoted by absconding diamantaire Mehul Choksi, under Section 33 of the Insolvency and Bankruptcy Code, 2016. The bench also appointed Santanu T Ray as the liquidator, who will complete the liquidation process as per the provisions of the IBC, 2016,…
Representative Image Mumbai: Malabar Gold & Diamonds and four other jewellery firms along with fashion accessory maker Titan have joined the global rank of top-100 luxury brands. Malabar Gold led the domestic contingent, claiming 19th rank as the top Indian international jewellery brand, followed by Tata group entity Titan Company which secured the 24th position….
