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Bengaluru: The Central Bureau of Investigation (CBI) on Monday conducted raids on the premises of former liquor baron Vijay Mallya-run UB Group in Bengaluru over a money laundering case against the company.

The raids were conducted by the central division of the CBI with help from the Bengaluru division, one official from the agency confirmed. The officials were looking into various accounts of the group transactions at UB Towers in upscale Vittal Mallya Road of the city.


 
UIDAI is expected to make it compulsory, in next 4-5 months, for all biometric devices using Aadhaar authentication to embed Aadhaar encryption key into the device at the time of manufacturing.

Today, all such devices are STQC certified but registration by way of embedding the encryption key of UIDAI will add another security layer to the hardware at a time when such devices are all set to take the centrestage in biometric-based digital payments.


 
A Muslim family in the US was pleasantly surprised to receive a heartwarming letter from their neighbours, offering support to them to live without discrimination.

Abubaker Amry, who has lived in Cincinnati, Ohio for nearly four decades, said he and his neighbours do not interact much beyond a cordial "Hello," so the note someone left him, came as a surprise.


 
Having shouldered the bulk of responsibility in India's recent Test and ODI series triumphs, the spin duo of Ravichandran Ashwin and Ravindra Jadeja has been rested from the upcoming three-match T20 Internationals against England.

Leg-spinner Amit Mishra and off-break bowler Parvez Rasool were picked as replacements for the series beginning Thursday.


 
State-owned Coal India's fuel supply to the power sector dropped by 3.6 per cent to 288.2 million tonnes in the April-December period of the ongoing fiscal amid weak demand for the dry fuel.

According to official data, coal dispatches to the power sector in the same period of previous fiscal were 299.1 million tonnes (MT).


 
BBC Worldwide and e-commerce major Amazon India have entered a licensing deal that gives the latter’s content streaming service in India, Amazon Prime Video access to more than 600 hours of factual and pre-school content from the BBC. Amazon Prime launched in India in July 2016, and launched its Prime Video streaming service in December 2016.

Myleeta Aga, SVP and GM of India, BBC Worldwide, said, “In the last year or so, we have seen digital consumption in India increase exponentially. We are very excited to be partnering with Amazon Prime Video India to satisfy viewers’ demands for quality, premium programmes from the BBC.”


 
MUMBAI: The Securities and Exchange Board of India (Sebi) is of the view that information given to Ratan Tata about Tata group companies was in line with rules on insider trading, according to the minutes of a January 14 meeting held by the regulator's board. This follows allegations made by ousted Tata Sons chairman Cyrus Mistry.

"When a person is appointed as chairman emeritus by the board of a company, the board may discuss the corporate performance, information pertaining to mergers, acquisitions, divestments and other sensitive information with a view to benefit from the experience of that person," according to the minutes, which have been reviewed by ET.


 
NEW DELHI: SpiceJet's branding and ancillary revenues is set to get an oomph push as it is in talks with Bollywood actress Sunny Leone to sell her brand of products, perfume and deo on flight, a senior executive with the budget airline said.

"We have had a couple of meetings on the issue. She is very keen to sell her perfume and deo range, Lust, n board our airline. She is also keen to collaborate with SpiceJet for a line of products from clothing to lingerie and travel-centric products in partnership with SpiceJet Merchandise Pvt Ltd," said an executive in the know, who did not want to be identified.


 
Network provider, Idea Cellular has said that it has partnered with the e-commerce platform Flipkart to bring special offers for consumers. This move by Idea is in continuation with the tariff wars, ever since Reliance Jio has disrupted the Indian telecom market with its free data and free calling offers. In the new offer by Idea, it will offer 15GB data at the at the price rate of 1GB for its customers.

 
MUMBAI: Tata Motors is shrinking structure of its white-collar workforce to five layers from the existing 14, in what is seen as the biggest organisational restructuring in the company’s history.

Some job losses were envisaged as part of changes, but a decision has yet to be taken, people in the know said. The new structure will take effect on April 1and is aimed at cutting down time the nation’s largest automobile company by revenue takes to react to market dynamics.


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