New Delhi: Reliance Group chairman Anil Ambani has been summoned again by the Enforcement Directorate (ED) for questioning next week in an alleged bank fraud-cum-money laundering case, according to sources. The 66-year-old businessman was questioned by the federal probe agency in August. Anil Ambani has been asked to depose on November 14 for questioning in…
Mumbai: The rupee appreciated 8 paise to 88.62 against the US dollar in early trade on Thursday amid a weak American currency and lower level of crude oil prices overseas. Positive sentiment in domestic equity markets also supported the Indian currency even though selling pressure from foreign investors prevented a sharp gain, forex traders said….
Mumbai: Business solutions provider Transguard Group on Wednesday announced signing a strategic pact with digital automotive platform myTVS for transforming the automotive, aviation and supply chain sectors in the UAE. The collaboration is designed to introduce innovative solutions, drive industry-wide efficiencies, and competitiveness across these key sectors, the company said. “By providing complete end-to-end solutions,…
New Delhi: Tata Consultancy Services on Tuesday said it has extended its decade-long partnership with British supermarket chain Morrisons to accelerate the latter’s digitisation efforts and help align operations across key business functions. The five-year partnership will focus on helping Morrisons advance its strategic priorities by enhancing operational efficiency, transforming its loyalty programme, improving customer…
New Delhi: Gopichand P Hinduja, chairman of the globe-spanning Hinduja Group, died in London at the age of 85, sources close to his family said. Fondly known as ‘GP’ in business circles, Gopichand P. Hinduja was unwell for the past few weeks and died in a London hospital, they said. Gopichand, who belonged to the…
New Delhi: India’s rapidly advancing bioeconomy sector, encompassing agriculture, forestry, fisheries, and aquaculture, is projected to reach USD 300 billion by 2030, according to a NITI Aayog report. According to the report, a robust agricultural system is central to a nation’s sovereignty, ensuring the fundamental imperative of food security. Moreover, agricultural transformation lies at the…
New Delhi: The Enforcement Directorate (ED) has attached assets worth more than Rs 3,000 crore linked to Reliance Group Chairman Anil Ambani as part of a money laundering investigation against his group companies, official sources said on Monday. The federal probe agency has issued four provisional orders under the Prevention of Money Laundering Act (PMLA)…
New Delhi: The GST rate reduction has sparked the revival of small cars, proving wrong the perception that Indian consumers have moved up to aspirational and bigger segments, and some of the car manufacturers are expected to revise their product mix, Maruti Suzuki India Chairman R C Bhargava said on Friday. The company is also…
New Delhi: Congress president Mallikarjun Kharge on Friday said that in his personal opinion, the RSS should be banned as most law and order problems in the country are arising because of the BJP-RSS. He also charged that Prime Minister Narendra Modi has insulted the legacy of Sardar Vallabhbhai Patel by allowing government employees to…
New Delhi: The US has granted India six months’ waiver from American sanctions on the Chabahar port project, the Ministry of External Affairs (MEA) said on Thursday. MEA spokesperson Randhir Jaiswal also said that India’s talks with the US for a trade deal are continuing. At a media briefing, he said India is studying the…
