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US SEC, Adani pact doesn't end Department of Justice probe

MUMBAI, May 16 -- US market regulator's $18-million settlement of a civil case against Gautam Adani and his nephew Sagar Adani has no immediate bearing on a parallel criminal investigation initiated a... Read More


No final Apple order till July 15: Delhi HC tells CCI

New Delhi, May 16 -- The Delhi high court on Friday asked the Competition Commission of India not to pass any final order in its probe against Apple Inc. into alleged anti-competitive practices linked... Read More


Rapido operator hits $3 billion valuation in new $240-mn funding

Mumbai, May 16 -- Roppen Transportation Services Pvt. Ltd, which operates Rapido, has raised $240 million in fresh capital in a round led by Prosus, with participation from WestBridge Capital, Accel a... Read More


Sebi weighs allowing FPIs into bullion derivatives

MUMBAI, May 16 -- In a move aimed at deepening India's commodity derivatives market, the Securities and Exchange Board of India (Sebi) is holding early-stage discussions with market infrastructure ins... Read More


Govt extends Rs.7,280 cr rare earth scheme deadline to June 29

NEW DELHI, May 16 -- The Union heavy industries ministry has extended by a month the bid submission deadline for its Rs.7,280 crore incentive scheme to set up five rare earth magnet manufacturing plan... Read More


China state broadcaster secures FIFA WC rights

Beijing, May 16 -- China's state broadcaster CCTV announced Friday it has secured the rights to air the FIFA World Cup this year and in 2030, ending an agonising wait for fans in the football-mad coun... Read More


UIDAI pushes privacy-first Aadhaar verification during CEO's Lko visit

LUCKNOW, May 16 -- The Unique Identification Authority of India (UIDAI) on Friday stressed privacy-focused digital identity verification during the visit of CEO Vivek Chandra Verma to the regional off... Read More


Backward classes panel resolves 87% of complaints

Lucknow, May 16 -- The Uttar Pradesh State Commission for Backward Classes has resolved 2,962 complaints since September 2024 till April this year after the new chairman and its members were appointed... Read More


Expedite trial in killing of actor's fan, SC tells K'taka

New Delhi, May 16 -- The Supreme Court on Friday directed the Karnataka government to examine all key witnesses within a year in the murder case involving Kannada actor Darshan, saying the actor would... Read More


Delhi HC directs CCI not to pass order against Apple till July 15

New Delhi, May 16 -- The Delhi high court on Friday asked the Competition Commission of India (CCI) not to pass a final order till July 15 in its probe against tech giant Apple over its App Store's pa... Read More