Elon Musk Found Guilty of Fraud in Twitter Investor Case
A US jury ruled Elon Musk defrauded Twitter investors with misleading statements on fake accounts during his 2022 acquisition, affecting stock prices. Damages up to $2.6 billion pending.
Category : Corporate News
MP CM Dr. Yadav to Meet Industrialists at Jaipur Investment Summit
Madhya Pradesh Chief Minister Dr. Yadav will host an interactive session with industrialists in Jaipur to discuss investment opportunities in textiles, EV-automobile, food processing, and tourism sectors.
IOCL Revises Premium Petrol Only, Keeps Regular Fuel Unchanged
Indian Oil Corp Ltd announces a limited fuel price revision, affecting only premium petrol XP-95 while regular petrol and diesel remain unchanged despite a sharp rise in global crude oil prices. The government confirms adequate LPG stocks and intensified
Speciality Medicines IPO Opens March 20, 2026 (21.03.2026)
Speciality Medicines Limited's IPO opens on March 20, 2026, aiming to raise ₹29.14 crore for R&D, global expansion, and working capital, with shares listed on BSE SME.
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US Eases Iran Oil Sanctions: India May Access Crude After 6 Years
The US has announced a temporary waiver on sanctions for Iranian crude oil already loaded on ships. This could allow India to resume imports from Iran after a six-year hiatus, amid Middle East conflicts and rising global oil prices.
Flipkart CFO Sriram Venkataraman Exits Amid IPO Plans
Walmart-owned Flipkart announces CFO Sriram Venkataraman's departure as the e-commerce giant streamlines leadership for a potential public listing and growth phase.
Zomato Hikes Platform Fee to Rs 14.90 Per Order
Zomato has raised its platform fee from Rs 9 to Rs 14.90 per order, a significant increase impacting customers across India. This move follows previous adjustments and reflects ongoing changes in the food delivery sector's pricing strategies.
India's OMCs Raise Premium Petrol, Industrial Diesel Rates
Oil marketing companies in India have increased prices of 95-octane premium petrol by nearly Rs 2 per liter and industrial diesel by Rs 22 per liter due to global crude surge. IndianOil maintains responsible pricing for normal fuels.
Elon Musk Liable for Defrauding Twitter Investors, Jury Rules
A federal jury in San Francisco has found Elon Musk liable for defrauding Twitter investors in 2022 by misleading them about fake accounts to lower the purchase price. Damages could reach billions.
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Airlines Resist Free Seat Rule, Cite Fare Hikes and Overreach
Air India, IndiGo, and SpiceJet oppose the government's directive for free seat selection, arguing it will lead to higher airfares and represents regulatory overreach into commercial operations.
Premium Petrol Price Rises in Mumbai as Global Oil Tensions Escalate
Oil companies increased premium petrol prices by Rs 2.09 per litre in Mumbai, driven by global crude oil spikes due to Iran-Israel tensions. Ordinary fuel prices remain stable, with government sources assuring sufficient domestic stocks.
Patna's LPG Crisis: 189K Consumers on Waitlist Amid Supply Issues
Patna district faces a severe cooking gas crisis with 189,006 consumers on waitlists despite administration claims of no shortage. Daily supply of 47,168 cylinders struggles against panic bookings.
Raymond Chief Gautam Singhania Hurt in Maldives Boat Accident
Raymond Group Chairman Gautam Singhania sustained injuries in a boat accident in the Maldives, with two other Indian nationals reported missing in the incident.
Airlines Warn of Fare Hikes Over Seat Selection Rule
IndiGo, Air India, and SpiceJet oppose a government directive requiring free seat selection for 60% of seats, warning it could push up airfares for all passengers.
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Raymond's Gautam Singhania Hurt in Maldives Speedboat Crash
Raymond Group Chairman Gautam Singhania suffered minor injuries in a speedboat accident in the Maldives. He is recovering in Mumbai, while two other Indian men, including rally driver Hari Singh, are missing as search operations continue.
Delhi Traders Submit 11 Demands to CM Before Budget
The Chamber of Trade and Industry has submitted an 11-point demand charter to Delhi CM Rekha Gupta, seeking reforms like freehold plots, market redevelopment, and business-friendly policies ahead of the March 24 budget.
Ashok Leyland Invests ₹375 Crore in UK Subsidiary Optare
Ashok Leyland approves a ₹375 crore equity infusion in its UK-based subsidiary Optare Plc to support business needs, including loan repayment and operations, increasing its stake beyond 93%.
CBI Questions Anil Ambani for 7+ Hours in RCom Loan Fraud Case
The CBI interrogated industrialist Anil Ambani for over seven hours in a Rs 2,929 crore bank fraud case linked to Reliance Communications, with allegations of fund diversion and misappropriation.
India's Fertilizer Imports Surge 63% Amid Global Supply Chain Concerns
India's urea and DAP fertilizer imports surged by 63% from April to January, with the government ensuring adequate supply despite disruptions from the West Asia war that began in February.
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Tech Professional Quits After 3% Hike, Sparks Pay Debate
A senior woman in tech resigned after receiving only a 3% salary increase despite earning Rs 50 lakh annually. Her story highlights broader issues of pay equity, recognition, and gender bias in corporate appraisal cycles.
Tata Steel Punjab Plant Opens, Thousands of Jobs Created
Tata Steel has commenced operations at its second-largest plant in Punjab, generating significant employment opportunities for thousands of youth in the region.
LPG Panic Booking Down, Adequate Stock Available: Govt
The Ministry of Petroleum and Natural Gas announced a significant drop in LPG panic bookings to 55 lakh, with adequate stock across India. Authorities have strengthened monitoring and conducted raids to ensure supply stability.
India-Russia Forum Targets Capital Market Integration
The 'From the Volga to the Ganges' forum in Mumbai discussed integrating Indian and Russian capital markets, with SEBI noting attractive equity valuations and growing Russian FPI interest.
Zomato Hikes Platform Fee by Rs 2.40 Per Order
Zomato has raised its platform fee by Rs 2.40 per order, effective March 20, 2026, impacting food delivery costs for customers across India.
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BPCL, HPCL, Indian Oil Hike Premium Petrol Rates by Rs 2.35/Litre
State-owned oil marketing companies BPCL, HPCL, and Indian Oil have increased premium petrol prices by up to Rs 2.35 per litre, effective March 20, 2026, impacting fuel costs across India.
Gujarat's Path to $1 Trillion Economy Unveiled at CII Session
At the CII Gujarat Annual Session, Chief Minister Bhupendra Patel outlined a strategic roadmap for the state to become a $1 trillion economy by 2030, highlighting key economic contributions and policy-driven growth initiatives.
Telangana Inc Seeks Growth Budget with More Capital Expenditure
Ahead of Telangana's March 20 budget, industry leaders call for increased capital spending, MSME support, and infrastructure investments to achieve trillion-dollar economy goals.
Bahram Vakil Named Vice Chairman of Tata Investment Corporation
Tata Investment Corporation appoints independent director Bahram Vakil as vice chairman, succeeding FN Subedar. Vakil's elevation is seen as reflecting Noel Tata's growing influence within the conglomerate.
Block Rehires Employees After Mass Layoffs Under Dorsey
Block, the fintech company led by Twitter founder Jack Dorsey, has rehired at least four employees who were laid off last month. The move follows Dorsey's admission of potential missteps in the company's decision to cut 4,000 jobs.
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IOCL Adds New LPG Booking Numbers to Ease Customer Traffic
Indian Oil Corporation introduces additional booking numbers and maintains existing channels for Indane LPG refills in Gurgaon, ensuring faster service amid high demand. Officials confirm stable supply and priority distribution to essential institutions.
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