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PMC Bank fraud case: SC refuses to entertain bail plea of Rakesh Wadhawan

PMC Bank fraud case: SC refuses to entertain bail plea of Rakesh Wadhawan

The Supreme Court Friday refused to entertain the bail plea filed on health grounds by jailed businessman Rakesh Wadhawan, accused of money laundering in the multi-crore rupees Punjab and Maharashtra Co-operative (PMC) Bank fraud case, saying that he has been in hospital more than the jail.

A bench comprising Chief Justice N V Ramana and Justices Surya Kant and Hima Kohli permitted senior advocate Mukul Rohatgi, appearing for Wadhawan, to withdraw the bail plea to approach the high court.

ONGC signs pact with SECI to develop renewable, ESG projects

ONGC signs pact with SECI to develop renewable, ESG projects

In a bid to strengthen its footprint in the renewable space, particularly solar energy, state-owned Oil and Natural Gas Corporation (ONGC) on Thursday signed an agreement with Solar Energy Corporation of India (SECI) to scale up its clean energy projects.

The Memorandum of Understanding (MoU) was signed by ONGC Chairman and Managing Director Subhash Kumar and SECI Managing Director Suman Sharma, a company statement said.

Jet Airways says in 'advanced discussions' with Boeing, Airbus for aircraft

Jet Airways says in 'advanced discussions' with Boeing, Airbus for aircraft

Jet Airways, which is preparing to relaunch operations next year, on Friday said it is in "advanced discussions" with Boeing and Airbus for buying and leasing planes.

The grounded airline has been acquired by Murarilal Jalan-Kalrock Capital consortium under the insolvency resolution process.

Omicron variant of Covid-19 found in multiple US states on Thursday

Omicron variant of Covid-19 found in multiple US states on Thursday

The omicron variant of COVID-19, which had been undetected in the US before the middle of this week, had been discovered in at least five states by the end of Thursday, showing yet again how mutations of the virus can circumnavigate the globe with speed and ease.

Just a day after the first known US case was found in California, tests showed the omicron variant had infected at least five people in the New York City metropolitan area, plus a man from Minnesota who had attended an anime convention in Manhattan in late November.

Active Covid-19 cases in country increase to 99,976, toll climbs to 470,115

Active Covid-19 cases in country increase to 99,976, toll climbs to 470,115

With 9,216 coronavirus infections being reported in a day, the country's total tally of COVID-19 cases rose to 3,46,15,757, while the active cases increased to 99,976, according to the Union Health Ministry data updated on Friday.

The death toll climbed to 470,115 with 391 fresh fatalities, according to the data updated at 8 am.

Delhi air remains 'very poor' as schools ordered shut till further orders

Delhi air remains 'very poor' as schools ordered shut till further orders

Delhi's air was toxic on Friday as the state closed schools after the Supreme Court gave the Centre and the state a 24-hour deadline to fix a pollution crisis that has lasted weeks now.

The Air Quality Index (AQI) was 385 --'very poor'-- at 8 am, according to the state-run System of Air Quality and Weather Forecasting And Research (SAFAR). Readings below 50 are considered safe, while anything above 300 is considered hazardous or 'severe'.

Gold trading at Rs 47,580 per 10 gm today, silver at Rs 60,700 a kg

Gold trading at Rs 47,580 per 10 gm today, silver at Rs 60,700 a kg

The price of 10 gram of gold decreased by Rs 540 on Friday: 24-carat is trading at Rs 47,580 and 22-carat at Rs 46,580.

The price of 1 kg of silver decreased by Rs 1000 with the precious metal trading at Rs 60,700 on Friday.

Adani group starts exports from Australia coalmine that drew protests

Adani group starts exports from Australia coalmine that drew protests

Billionaire Gautam Adani’s coal mine in Australia, a project that’s become a global emblem for opposition to fossil fuels, is preparing to begin exports after more than a decade of bitter dispute over its development.

Proposed in 2010 and stalled by legal challenges, financing setbacks and a sustained campaign from climate activists, the operation is scheduled to ship first cargoes before the end of December and aims to supply an initial 10 million tons of thermal coal annually for at least 30 years.

Flipkart merges depts to create singular growth org under Prakash Sikaria

Flipkart merges depts to create singular growth org under Prakash Sikaria

E-commerce firm Flipkart is merging its ‘Customer & Marketing Org’ with ‘Growth & Monetisation Org’ to create a singular Flipkart Growth charter under senior company executive Prakash Sikaria, said CEO Kalyan Krishnamurthy in a letter addressed to the employees.

Sikaria, who is Senior Vice President - Growth and Monetization, Flipkart, has been with the firm since 2015, and during his time with the company, he has created a significant impact by pioneering and launching impactful initiatives such as Ads, Plus, Supercoins, Games, Video, Travel and social commerce platform Shopsy.

Maruti Suzuki to hike vehicle prices from Jan, cites rise in input costs

Maruti Suzuki to hike vehicle prices from Jan, cites rise in input costs

Maruti Suzuki India, the country's largest carmaker, on Thursday said it is planning to increase vehicle prices from January next year to offset the impact of the rise in input costs.

The price increase would vary from model to model, the auto major said, without sharing the details.

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