Nagpur Corporator Bathes in Waterlogged Road to Protest Wastage
Nagpur corporator Gautam Ambade bathed in a waterlogged road to protest the wastage of potable water from a leaking valve, blaming OCW and NMC for negligence.
Category : Business
Evonith Steel buys Indrajit Power for Rs232 crore via IBC
Evonith Steel completed acquisition of Wardha-based Indrajit Power Pvt Ltd (IPPL), an 85 MW coal-based power producer, for Rs232 crore through IBC process. NCLT approved on April 20.
Ixigo to Acquire Majority Stake in Brevistay
Ixigo has announced the acquisition of a 54.66% stake in Brevistay, making it a subsidiary. The deal includes future purchase rights for remaining shares.
Blast at Chemical Unit in Ahmedabad Kills One, Injures Three
A powerful explosion at MNS Intermediates in Naroda GIDC, Ahmedabad, killed one worker and injured three. Power failure likely caused reactor reaction, triggering blast and fire.
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Telangana Revises Land Rates: Up to 100% Hike Inside ORR
Telangana government sharply revises land rates within Hyderabad's Outer Ring Road, with hikes up to 100%, while sparing many rural areas from steep increases to protect farmers.
Ahmedabad Visa Fraud: Man Duped of Rs 4.5 Lakh
A 39-year-old unemployed man from Ahmedabad filed a complaint against DAA Business Consultant Services for allegedly defrauding him of Rs 4.5 lakh by promising a work visa for his brother.
Calcutta HC Grants Bail in Rs 50 Crore Crypto Case
Calcutta High Court granted bail to two accused in a cryptocurrency case involving over Rs 50 crore and China links, citing trial delays and long custody.
Bihar Industry Dept Reviews Schemes, Honours Performers
Bihar industry department held a review programme with district officials, addressing investment, startup challenges, and signing an MoU with Razorpay Rize for startup support.
ACB arrests engineer, worker for bribery in Tonk
The Anti-Corruption Bureau arrested an assistant engineer and a contract worker of JVVNL in Tonk for allegedly accepting a bribe of Rs 20,000 from a consumer.
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Nagpur Welcomes ₹10,000 Crore ATF Fund for Stable Fuel Prices
Nagpur's aviation and business community applauds the Union Cabinet's ₹10,000 crore ATF Price Stabilisation Fund, aiming to revive cancelled flights and boost long-term connectivity by shielding airlines from fuel price volatility.
Bhiwadi Factory Fire: Ramco Metal Owner's Brother Dies
Harpal Yadav (31), brother of Ramco Metal factory owner Devendra Yadav, died from burn injuries in a Delhi hospital after a fire at two factories in Bhiwadi's UIT industrial area on Thursday.
Nashik Transport Rules Out Bus Fare Hike Despite Rising Fuel Costs
Nashik Mahanagar Parivahan Mahamandal Ltd (NMPML) has ruled out any immediate bus fare hike, providing relief to commuters amid rising diesel and CNG prices.
Rewari Farmers Allege Rs 24 Crore Dues Pending for Bajra
Farmers in Rewari district claim over Rs 24 crore in pending payments under the Bhavantar Bharpayee Yojana for bajra, demanding immediate release of dues and compensation for crop losses.
Female Property Ownership in Karnataka Nearly Doubles
Female ownership of houses and land in Karnataka surged from 16.2% to 29.5% in five years, reflecting changing attitudes towards wealth and independence.
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Bitcoin Drops Below $60,000 for First Time Since Oct 2024
Bitcoin fell about 6% to $59,770.9, its first drop below $60,000 since October 2024, before slightly recovering losses.
Two Brothers Die Cleaning Cooling Tower at Bengaluru Factory
Two brothers died and two others were injured while cleaning a cooling tower basin at Kumar Organics in Bengaluru's Jigani Industrial Area. Police booked officials for negligence.
Experts: Lower ethanol, flex fuel prices key to demand
Experts urge govt to reduce prices of high-ethanol blended petrol and flex fuel vehicles (FFVs) to boost consumer demand, as current 20% blending has saved 4.5 crore barrels of crude oil imports annually.
FPI Debt Inflows to India Hit $95.5 Billion Since FY99
FPI debt inflows to India reached $95.5 billion since FY99, making up 62% of total equity inflows, driven by global bond index inclusion and the FAR route, according to DSP Mutual Fund.
Consumer Court Orders SpiceJet to Refund MP Kadadi
Belagavi consumer commission directs SpiceJet to refund Rs 10,927 with interest, plus compensation and costs, for issuing non-reimbursable coupon tickets to Rajya Sabha MP Iranna Kadadi.
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Coconut Prices Crash by Half in Mysuru, Growers in Distress
Coconut prices in Mysuru and Chamarajanagar have halved from Rs 80-90 to Rs 40 per kg, causing distress among growers after a period of strong returns.
Ex-IAS Deepak Kapoor Appointed MADC Vice Chairman for 2 Years
Former IAS officer Deepak Kapoor has been appointed as vice chairman and managing director of Maharashtra Airport Development Company (MADC) for two years, replacing Swati Pandey.
Bangladesh Envoy Visits Assam Petro-Chemicals, Boosts Trade
Bangladesh's Assistant High Commissioner Zikrul Hasan Fahad visited Assam Petro-Chemicals Limited on World Environment Day, planting a tree and discussing expanded trade cooperation.
RBI Deputy Governor Swaminathan Gets Two-Year Extension
The government has extended the tenure of RBI Deputy Governor Swaminathan Janakiraman for two more years, effective from June 26, 2026. He was first appointed in June 2023.
Aequs SEZ Belagavi Nears 100% Renewable Energy
India's first precision engineering SEZ, Aequs in Belagavi, runs on nearly 100% renewable energy, setting a benchmark for green manufacturing infrastructure and sustainability.
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Reid Hoffman to Leave Microsoft Board
Reid Hoffman, LinkedIn co-founder, is stepping down from Microsoft's board. Microsoft said the decision was not due to any disagreement with executives on policy or operations.
Rupee surges 56 paise to 95.18/USD after RBI measures
The Indian rupee strengthened sharply by 56 paise to close at 95.18 against the US dollar on Friday after the RBI announced measures to attract foreign capital and boost forex liquidity.
AP to Launch Recognition and Ranking Framework for Incubators
Andhra Pradesh government announces a formal recognition mechanism and performance-based ranking for incubators to boost innovation and startup ecosystem.
True Hope Foundation Boosts Street Vendors with Digital Platform
True Hope Foundation's Street Vendor Empowerment Programme uses technology and storytelling to connect vendors with buyers, creating a double-beneficiary model that supports both vendors and community welfare.
Punjab Tax Crackdown: 200 Vehicles Seized, Rs 7 Crore Goods
Punjab's taxation department detains over 200 vehicles and seizes goods worth Rs 7 crore in a crackdown on tax evasion in the iron and steel sector, with penalties expected to exceed Rs 3.5 crore.
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Rupee Surges 56 Paise to 95.18 Against US Dollar After RBI Policy
The Indian rupee strengthened by 56 paise to close at 95.18 against the US dollar on Friday, following the Reserve Bank of India's monetary policy decision.
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