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UK court rejects Vijay Mallya's plea against extradition

UK court rejects Vijay Mallya's plea against extradition

The U.K. High Court on Monday rejected liquor baron and fugitive businessman Vijay Mallya's plea to appeal against his extradition to India.

In February, UK's Home Office said the British government had signed an order to extradite Mr. Mallya to face charges of fraud and money laundering, following the judgment handed down by Westminster Magistrates Court Chief Magistrate Emma Arbuthnot in December last year.

Facebook makes strides against online abuses ahead of Lok Sabha polls

Facebook makes strides against online abuses ahead of Lok Sabha polls

Facebook has said it has made strides in its efforts to prevent online abuses in the Indian national election that starts this week but acknowledged that gaps remain in its election integrity efforts.

During a media tour of the company's election operations center at its Menlo Park headquarters in California on Friday, company officials touted new fact-checking efforts for suppressing misinformation and technological advances such as the ability to detect when videos had been doctored.

BJP releases ' Sankalp Patra ' election manifesto, makes 75 pledges

BJP releases ' Sankalp Patra ' election manifesto, makes 75 pledges

Prime Minister Narendra Modi on Monday released the BJP's manifesto in the presence of senior party leaders, including president Amit Shah who said the 'Sankalp Patra' makes 75 pledges and promises to fulfil all expectations of the people.

The 'Sankalp Patra' (document of resolution) comes three days before the seven-phased Lok Sabha elections begin on April 11.

Increase random checking of VVPAT slips to five per Assembly segment, SC tells Election Commission

Increase random checking of VVPAT slips to five per Assembly segment, SC tells Election Commission

The Supreme Court on Monday directed the Election Commission to increase random checking of VVPAT slips from one booth per assembly segment to five in Lok Sabha polls for better voter confidence and credibility of electoral process.

A Bench headed by Chief Justice Ranjan Gogoi however did not agree to the request of 21 opposition parties leaders that VVPAT slips of 50 per cent EVMs be matched, on the ground that it will require huge manpower and not be feasible in view of infrastructural difficulties.

TVS launches 4 new products in Bangladesh

TVS launches 4 new products in Bangladesh

TVS Motor Company has strengthened its position in Bangladesh by launching four new motorcycles there.

The products include premium motorcycle TVS Apache RTR 160 4V single disc, 125cc motorcycle TVS Max 125, 100cc motorcycle TVS Metro special edition and utility vehicle TVS XL100 Heavy Duty i - Touch Start". These products will target the growing customer demand in each of their respective segments.

HPCL, BPCL and Indian Oil Corp drop up to 3% as crude oil prices rise

HPCL, BPCL and Indian Oil Corp drop up to 3% as crude oil prices rise

Shares of oil marketing companies (OMCs) such as Hindustan Petroleum (HPCL), Bharat Petroleum (BPCL) and Indian Oil (IOC) dropped up to 3 per cent in the morning trade on Monday as the international crude oil prices rose to their highest level since November 2018, owing to OPEC's ongoing supply cuts, US sanctions against Iran and Venezuela, and strong US jobs data.

At 10:30 am, HPCL was trading over 3 per cent lower at Rs 255.15 apiece on BSE while BPCL was down 1.66 per cent at Rs 352. Shares of IOC were trading over a per cent lower at Rs 156.45 apiece on BSE.

Lakshmi Vilas Bank extends rally on merger with Indiabulls Housing Finance

Lakshmi Vilas Bank extends rally on merger with Indiabulls Housing Finance

Shares of Lakshmi Vilas Bank (LVB) were locked in the upper circuit for the third straight trading days after rising 5 per cent to Rs 97.35 on the BSE on Monday after the private sector lender announced merger with non-banking finance company Indiabulls Housing Finance (IHF).

The bank made the disclosure on Friday after market hours. The approval is subject to the Reserve Bank of India (RBI) and other regulatory & statutory approvals.

Paytm Mall on hiring spree, eyes Rs 10,000-crore business in a year

Paytm Mall on hiring spree, eyes Rs 10,000-crore business in a year

Putting speculation to rest and eyeing a comeback, Paytm Mall, the online marketplace firm of Vijay Shekhar Sharma-led One97 Communications, is planning to hire as many as 500 back-end tech team members. The company is targeting Rs 10,000 crore in business over the next 12 months.

The news comes amid reports that the company was planning to scale down its online marketplace business and eventually exit it. The company, however, has been through some internal reshuffle as well as changes so that it can revamp and reboot. According to sources, while Amit Sinha, chief operating officer (COO) at Paytm Mall, is still overseeing the business, he might be given another role in the company.

SBI invites bids for stake sale in cash-strapped Jet Airways

SBI invites bids for stake sale in cash-strapped Jet Airways

State Bank of India (SBI) Monday invited bids for stake sale in ailing Jet Airways.

SBI, which is the lead lender of a consortium of domestic lenders that has extended loans to Jet Airways, is looking for "change in control and management" of the carrier, according to a public notice.

Bajaj Auto unveils 2019 edition of Dominar 400 priced at Rs 1.74 lakh

Bajaj Auto unveils 2019 edition of Dominar 400 priced at Rs 1.74 lakh

Bajaj Auto Thursday launched the 2019 edition of its premium motorcycle Dominar 400, priced at Rs 1.74 lakh (ex-showroom Delhi).

The new Dominar 400 comes with a liquid cooled 373.3cc engine that delivers significantly higher 40 PS power, up from 35 PS in the previous generation, the company said in a statement.

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