Category : Corporate News


Crude Oil Futures Slip to Rs 7,189 per Barrel

Crude oil futures in India have dropped to Rs 7,189 per barrel, reflecting global market volatility and economic uncertainties. This decline impacts energy costs and inflation trends.

ED Raids Reliance Power Offices in Money Laundering Probe

The Enforcement Directorate conducted raids at Mumbai and Hyderabad locations linked to Anil Ambani's Reliance Power as part of a money laundering investigation. A special team has been formed to probe alleged loan fraud across multiple group companies.

Lonza Group AG to Set Up GCC in Hyderabad

Swiss life sciences giant Lonza Group AG is establishing a Global Capability Center (GCC) in Hyderabad, India, to enhance its global operations and tap into the region's skilled talent pool.

Maharashtra Transport Strike Deferred After Govt Assurance

The Maharashtra Transport Action Committee has postponed its indefinite strike by one week following government assurances. The strike was called to protest alleged misuse of the e-challan system and arbitrary penalties imposed on private operators.

Paytm ESOP Spending Lower Than Other Tech Companies

A recent report highlights that Paytm's expenditure on employee stock option plans is significantly lower compared to other new-age technology companies in India, raising questions about its talent retention strategies.

Musk: Legal Pressure Forced Twitter Takeover

Elon Musk told a US jury that legal pressure forced him to complete the $44 billion Twitter acquisition. Investors accuse him of manipulating stock prices during the takeover saga.

Mumbai Man Arrested for Rs 10 Crore Jewellery Fraud in Nashik

A 45-year-old man from Mumbai has been arrested in Nashik for allegedly cheating two investors of Rs 10 crore in an artificial jewellery venture. Sushil Kantilal Jain diverted funds to personal accounts and failed to account for Rs 4.3 crore in purported

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