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CBI files FIR against Rolls Royce India in Hawk aircraft corruption case

CBI files FIR against Rolls Royce India in Hawk aircraft corruption case

The CBI has filed a corruption case against British aerospace and defence company Rolls Royce PLC, its top executives and arms dealers for alleged kickbacks in the procurement of Hawk 115 Advanced Jet Trainer aircraft for the Indian Air Force and Navy, officials said.

The CBI has registered a case against Tim Jones, Director Rolls Royce India, alleged arms dealers Sudhir Choudhrie and Bhanu Choudhrie, Rolls Royce Plc and British Aerospace Systems under IPC section 120-B (criminal conspiracy) and provisions of Prevention of Corruption Act after completing a six-year-old preliminary enquiry.

Chandrayaan-3 will be launched in July this year, says ISRO Chief

Chandrayaan-3 will be launched in July this year, says ISRO Chief

Chandrayaan-3 will be launched in July this year, S Somnath, Chief, Indian Space Research Organisation's (ISRO) confirmed on Monday.

Chandrayaan-3 mission is aimed at showing critical technologies to land the spacecraft on the south pole of the moon in less than two months. The mission will carry instruments to analyse the thermo-physical properties of the lunar regolith, lunar seismicity, lunar surface plasma environment, and elemental composition in the vicinity of the landing site.

Ola launches 'Prime Plus' cabs for cancellation-free rides; details here

Ola launches 'Prime Plus' cabs for cancellation-free rides; details here

Mobility major Ola will pilot Prime Plus, a new premium service that will offer top cars and drivers, and free of cancellations, in Bengaluru, cofounder and CEO Bhavish Aggarwal announced on Twitter.

He stated that the new category would be available to a limited number of users.

Wrestlers’ protest in Delhi: What has happened so far? From sexual assault cries to Jantar Mantar clash

Wrestlers’ protest in Delhi: What has happened so far? From sexual assault cries to Jantar Mantar clash

As the wrestlers’ protest in Delhi takes another turn after the clash of India’s best wrestlers and athletes against the Delhi Police in Jantar Mantar, the issue has now sparked a wave of politics, with many pointing out that the clash took place on the same day as the launch of the new Parliament building.

On May 28, the protesting wrestlers – led by medal-winning wrestlers Bajrang Puniya and Sakshi Malik – clashed with Delhi Police outside of Jantar Mantar, with visuals of many wrestlers being dragged and detained by the authorities during their protest march.

New Parliament a journey towards developed India: PM Narendra Modi

New Parliament a journey towards developed India: PM Narendra Modi

In a two-part ceremony that lasted over five hours, Prime Minister Narendra Modi inaugurated the new Parliament building on Sunday, with 21 Opposition parties boycotting the function and the police forcibly detaining women wrestlers as they tried marching to Parliament to demand justice, and evicting them from their protest site at Jantar Mantar.

In the morning session, Modi performed “Ganapathi Homam”, prostrated before the Sengol, which he later said symbolised not just the transfer of power but service and nationalism in the Chola empire, and carried the golden sceptre in a procession, accompanied by the tunes of “nadaswaram” and Vedic chants by priests from Karnataka’s Sringeri Math to the new Lok Sabha chamber.

ICICI Bank to increase stake in general insurance arm to beyond 50%

ICICI Bank to increase stake in general insurance arm to beyond 50%

ICICI Bank, the country's second largest private sector lender, has informed the exchanges that its board has approved raising its stake in ICICI Lombard General Insurance by four per cent in multiple tranches.

At present, the bank owns 48.02 per cent in the general insurance arm.

Kerala, Rajasthan CMs to not attend PM Modi's NITI Aayog meeting today

Kerala, Rajasthan CMs to not attend PM Modi's NITI Aayog meeting today

Kerala's Chief Minister Pinarayi Vijayan and Rajasthan's Chief Minister Ashok Gehlot won't be attending the NITI Aayog Council meeting presided over by Prime Minister Narendra Modi in the national capital on Saturday.

CM Gehlot has cited health reasons for not attending the meeting, while CM Vijayan has not given any specific reason for his absence.

Karnataka Cabinet expansion: 24 legislators take oath as ministers in Siddaramaiah govt, check full list

Karnataka Cabinet expansion: 24 legislators take oath as ministers in Siddaramaiah govt, check full list

Congress government led by Chief Minister Siddaramaiah carried out the cabinet expansion on Saturday at the Raj Bhavan in Bengaluru. In the swearing-in ceremony, 24 legislators took oath as a minister. The Karnataka government can have 34 ministers. Ten of them, including Chief Minister Siddaramaiah and his deputy DK Shivakumar, were sworn in on May 20.

The new ministers took oath in the presence of CM Siddaramaiah and his deputy Shivakumar.

Gold price dips Rs 160 to Rs 60,710, silver falls Rs 150 to Rs 72,900

Gold price dips Rs 160 to Rs 60,710, silver falls Rs 150 to Rs 72,900

Gold price fell Rs 160 in Saturday's early trade with 10 grams of the yellow metal (24-carat) trading at Rs 60,710, according to the GoodReturns website. Silver price dipped Rs 150, with 1 kg of the precious metal selling at Rs 72,900.

The price of ten grams of 22-carat gold declined Rs 150 to Rs 55,650.

NCLAT sets aside NCLT order on Zee Entertainment-Sony India merger

NCLAT sets aside NCLT order on Zee Entertainment-Sony India merger

The National Company Law Appellate Tribunal (NCLAT) on Friday set aside an order by the National Company Law Tribunal (NCLT), which had directed the National Stock Exchange (NSE) and BSE to review their no-objection certificate (NoC) given for the Zee-Sony merger.

The appellate tribunal gave the order on an appeal filed by Zee Entertainment Enterprises Ltd (ZEEL) against the verdict by the Mumbai Bench of the NCLT on May 11.

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