Reliance Jio, India’s largest telecom provider led by billionaire Mukesh Ambani, has suffered a major blow, losing 7.9 million (79 lakh) subscribers in a single month. This decline, which occurred in September 2024, comes amidst widespread migration to state-owned BSNL, which has been making a strong comeback. Data from the Telecom Regulatory Authority of India […]
Business
At the Rising Rajasthan Global Summit 2024 held at the Jaipur Exhibition and Convention Centre (JECC), Kumar Mangalam Birla, Chairman of the Aditya Birla Group, announced an ambitious investment of Rs 50,000 crore in Rajasthan. This investment will focus on expanding the company’s footprint across key sectors, including cement, renewable energy, telecom, and retail. Birla
Tata Motors has announced a price hike for its passenger vehicles, set to take effect in January 2025. The increase, which could be as high as 3%, applies to both conventional and electric vehicle models. The company has cited rising input costs and inflationary pressures as the key reasons behind the decision. The price adjustments […]
The United States Securities and Exchange Commission (SEC) has requested a New York court to consolidate civil cases involving Indian industrialist Gautam Adani and Cyril Cabanes, a former executive at Azure Power. Filed on December 5, the SEC’s application argues that the two cases are interconnected, with overlapping evidence and transactional links forming a common […]
Farmer leader Sarwan Singh Pandher announced that no jatha (group) of farmers would resume their foot march to Delhi on Tuesday. The decision comes as agitating farmers plan to deliberate on their next steps in a meeting of the Samyukta Kisan Morcha (Non-Political) and Kisan Mazdoor Morcha on the same day. The announcement follows incidents […]
New Delhi: The Noida Authority has cancelled the allotment of 14,000 square meters of land to Docile Buildtech Private Limited due to pending dues amounting to ₹130 crore. Despite multiple notices over the past six years, the company neither initiated construction on the land nor cleared its outstanding payments. The inaction led authorities to seal […]
The Adani Group is seeking to resolve allegations of public shareholding violations through a settlement with the Securities and Exchange Board of India (SEBI) to avoid regulatory penalties, according to a report by the Economic Times. The case revolves around accusations that Adani Enterprises and its subsidiaries, including Adani Power, Adani Ports, and Adani Energy,
In what is being termed the largest income tax raid in India’s history, the Income Tax Department seized ₹352 crore during a 10-day operation targeting Odisha-based liquor manufacturer Boudh Distilleries Private Limited. The unprecedented scale of the raid required extraordinary measures, including 36 cash-counting machines and bank employees to manually tally the enormous
Tensions remain high in Ghaziabad as the police registered two additional FIRs against lawyers involved in the October 29 courtroom violence, bringing the total number of cases filed to six. These latest FIRs name 44 lawyers, while 70-80 others remain unidentified. Lawyers have condemned the FIRs, calling them an attempt to discredit their ongoing protest. […]
The National Investigation Agency (NIA) conducted a massive operation on Thursday, raiding 22 locations across six states as part of an investigation into an organised human trafficking syndicate. The network is accused of luring young Indians with promises of lucrative jobs abroad, only to exploit them in overseas call centres involved in cyber fraud. Widespread […]
