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New policy for social media, OTT platforms: Key highlights
Govt announces new guidelines for social media, aims to track down first originator of mischievous content
COVID-19 vaccine: Healthcare workers unconvinced about Bharat Biotech's COVAXIN
Netflix, Hotstar, Amazon Prime Video, other OTT platforms now in govt tightrope
Social media, digital news portals to now face govt scrutiny
CORPORATE
ICC inks live streaming deal with IMG across 3 World Cups
Exxon Mobil's total reserves fall 30% after COVID-19 induced oil price drop
Pfizer vaccine shows 94% efficacy in real-world study in Israel
IRDAI approves Axis Entities' stake acquisition in Max Life Insurance
IIFL Securities bags Karvy's demat accounts, Axis Securities gets trading accounts
MARKETS
Axis Bank share rises 4% post IRDAI nod for stake buy, Max Financial hits new high
Bharti Airtel share climbs 2% after telco raises $1.25 billion via debt instruments
Just Dial share gains 13%, here's why
Oil prices reach 13-month high on lower production in US; Brent jumps to $67.23 per barrel
YES Bank share rises for third straight session
MONEY
Bajaj Allianz Life introduces post-retirement fund guarantee plan
Small, mid-cap mutual funds may outperform large caps in 2021! Here's what to expect
Ask Money Today: Can I accumulate Rs 5 crore in 13 years?
LIC Bima Jyoti: Key features, benefits, all you need to know about the new policy
Ask Money Today: Which are the best mutual funds for a 24-year-old?
INDUSTRY
COVID-19 vaccine: Healthcare workers unconvinced about Bharat Biotech's COVAXIN
New Delhi Railway Station to undergo Rs 5,000 crore redevelopment; bids to be submitted by May
PLI in IT hardware to help India become global manufacturing hub
US lawmakers ask FAA to submit delayed report on engine safety report to Congress
100 ideas ready for trials under DoT's 5G hackathon
TECH
China's Xiaomi expands manufacturing in India, adds 3 new partners for smartphones, smart TVs
Facebook adds new tools to combat child abuse content
Noise Buds Solo with ANC launched in India, price starts at Rs 4999
India witnessed second-highest cyberattacks in Asia-Pacific in 2020
Years after letting misinformation spread, Facebook bans Myanmar military accounts after coup
OPINION
'Indian education system focusses too much on exams, not learning'
Rebooting Economy 69: What do workers gain from growth and profits?
Are cryptocurrencies the future of money or just fringe players?
Rebooting Economy 68: How private wealth creators are serving Indian economy and people
Surviving COVID: Businesses need to think on their feet; revisit strategies, says Ajay Piramal
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Here are 5 tax-saving investment options with guaranteed returns
Cement sector: Volume growth turns positive as costs remain low
An upsurge in COVID cases in these states and how they plan to combat it
High-frequency key economic indicators witness brisk recovery
FY21 GDP numbers to be out soon; here's what to expect
Videos
02:29
J&J vaccine effective, says FDA; RBI concerned about cryptocurrency
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Tips on how to invest in Bitcoin, build wealth and stay safe
06:57
Tata group chairman elaborates on plans for Tata Super app
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AdaniConneX to provide data centre solutions; Hotel industry revives in Goa
06:51
Chairman N Chandrasekaran on Tata group's transformation and next phase of growth
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[ Enforcement Directorate ]
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Three-judge SC bench to decide if day of remand should be included for grant of default bail
PTI
February 23, 2021
The legal issue arose during the hearing of an Enforcement Directorate appeal against a Bombay High Court order granting bail to former DHFL promoters, Kapil Wadhawan and Dheeraj Wadhawan, in a Yes Bank money laundering case being probed by the agency
ED attaches properties worth Rs 281 crore in Gurugram land scam case
BusinessToday.In
February 19, 2021
Former Haryana Chief Minister Bhupinder Singh Hooda and Robert Vadra, husband of Congress General Secretary Priyanka Gandhi Vadra, are also under the scanner in the case.
ED to examine findings in report on Amazon
Reuters
February 18, 2021
Amazon is already under investigation by India's Enforcement Directorate for possible violation of foreign investment rules
Amazon documents disclose secret strategy to dodge India regulators
Reuters
February 17, 2021
Indian traders, both brick-and-mortar and smaller online sellers, have long alleged that Amazon's platform largely benefits a tiny number of big sellers and that the American giant engages in predatory pricing that has crushed legions of retailers
ED to attach Amnesty International properties worth Rs 17.66 crore
Dipak Mondal
February 16, 2021
ED found that Amnesty International India Pvt Ltd and others had obtained foreign remittances to the tune of Rs 51.72 crore in the guise export of services and FDI from Amnesty International (UK)
Actor Sachin Joshi who purchased Vijay Mallya's Goa villa arrested in Omkar Realty case
BusinessToday.In
February 15, 2021
Sachin Joshi has acted in movies like Mumbai Mirror and Sunny Leone-starrer Jackpot. In 2017, Joshi purchased Vijay Mallya's Goa bungalow--Kingfisher Villa for over Rs 73 crore
DHFL posts net loss of Rs 13,095 crore in Q3FY21
PTI
February 14, 2021
Crisis-ridden DHFL said during this quarter, additional transaction amounting to Rs 1,039.84 crore has been identified and reported by the company to stock exchanges and National Housing Bank (NHB)
ICICI-Videocon case: Chanda Kochhar gets bail, asked not to leave India
BusinessToday.In
February 12, 2021
Former MD and CEO of ICICI Bank Chanda Kochhar was granted bail on a bond of Rs 5 lakh and was asked not to leave the country with the court's permission
SC admits 'mistake' in agreeing to examine franchise scam pleas, asks victims to move HC
PTI
February 8, 2021
We had made a mistake by issuing notice in this.. We don't have a problem admitting our mistake, says bench comprising Justices A S Bopanna and V Ramasubramanian
Nirav Modi to remain in custody until extradition judgment on Feb 25
PTI
February 5, 2021
Nirav Modi remanded in custody until February 25 when the judgment in his extradition case is to be handed down
Container Crunch
Joe C Mathew
New Delhi, February 5, 2021
As India's imports fall, exporters are facing a shortage of containers
ED attaches Mehul Choksi, Gitanjali Group's assets worth Rs 14.45 crore
BusinessToday.In
February 4, 2021
Choksi, along with his nephew Nirav Modi, is accused of defrauding PNB of Rs 13,000 crore in connivance with certain bank officials.
Chanda Kochhar misused post to sanction loan to Videocon Group: PMLA Court
BusinessToday.In
February 4, 2021
The court added that Chanda Kochhar got illegal gratification through her husband Deepak Kochhar through various companies by siphoning off money
KRBL shares fall 20% after ED arrests its Joint MD in VVIP choppers scam
BusinessToday.In
February 1, 2021
Shares of KRBL declined as much as 19.51 per cent to hit an intraday low of Rs 191, before settling at Rs 202.60, down 14.62 per cent, on the BSE
ICICI Bank case: PMLA court summons Chanda, Deepak Kochhar, Venugopal Dhoot on Feb 12
PTI
January 31, 2021
The ED had filed a money laundering case against the Kochhars, Dhoot and others for illegal sanctioning of loans amounting to Rs 1,875 crore to the Videocon Group of companies
PNB scam: Special court denies bail to retired bank official
PTI
January 30, 2021
Shetty was arrested in March 2018 for allegedly playing a key role in the Rs 13,700-crore loan fraud while working as a deputy manager at PNB's Brady House branch in Mumbai
Airtel tops in subscriber additions; Apple doubles business in India
BusinessToday.In
New Delhi, January 29, 2021
Bharti Airtel added more new subscribers as compared to market leader Reliance Jio for the fourth consecutive month in November; The Enforcement Directorate (ED) is investigating e-commerce giant Amazon for alleged violation of foreign exchange laws in its dealings with Kishore Biyani-led Future Retail; After a record September quarter, Apple has doubled its business in October - December 2020 quarter (also referred as Apple's Q1 2021) in India. Watch this and more on News Blast.Also Read: Economic Survey: India's real economic growth to be 11% in FY22
ED investigating Amazon for FDI violations in Future Retail deal
Rashi Bisaria
New Delhi, January 29, 2021
WEF Davos Agenda: India will supply many more COVID-19 vaccines to world, says PM Modi India will soon rollout many more coronavirus vaccines for the benefit of the world, Prime Minister Narendra Modi said during his special address at World Economic Forum's Davos Agenda Summit on Thursday. The developments on vaccine front will rapidly change the economic scenario, he further stated. Airtel beats Jio in subscriber additions for 4th straight month; Voda-Idea continues to lose Bharti Air...
ED investigating Amazon for FDI violations in Future Retail deal
BusinessToday.In
January 28, 2021
Amazon, in its shareholders' agreement, had barred Future Coupon from selling its assets to 15 firms, including Reliance Industries. However, in August last year, Reliance Retail acquired a 30 per cent stake in Future Group businesses for Rs 24,000 crore, which started the row with Amazon
Xiaomi reclaims No 1 position, Samsung slips to second spot
Rashi Bisaria
New Delhi, January 28, 2021
Aditya Birla Fashion buys 51% stake in Sabyasachi for Rs 398 crore Aditya Birla Fashion and Retail Limited (ABFRL) has signed a definitive agreement to buy 51 per cent stake in designer brand Sabyasachi for Rs 398 crore. The deal is expected to be closed in late-February or mid-March, the company said in a regulatory filing. Meanwhile, the ABFRL platform will complement brand Sabyasachi on its journey to becoming a global luxury house out of India Reliance signs $15 million deal with Isra...
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