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Volkswagen faces $121 million fine after missing Europe CO2 emissions target
The world's largest carmaker Volkswagen faces a penalty of more than 100 million euros ($121 million) for missing EU targets on carbon dioxide (CO2) emissions...Toyota to pay $180 million fine for failing to fix pollution control defects
The U.S. attorney’s Office in Manhattan announced on thursday that Toyota will pay $180 million to U.S. government to settle the allegations...US regulator asks Tesla to recall 158,000 cars over safety-related defect
The US vehicle safety agency "National Highway Traffic Safety Administration" (NHTSA) on Wednesday asked Tesla to recall 158,716 of its Model S...Tesla officially entered India with its first office in Bengaluru
US electric car maker Tesla has made its debut in India with its very first office in Bengaluru. On...Tesla market value crosses $800 billion
The electric-car maker company Tesla crossed the market capitalization of more than $800 billion for the first time ever.
- Aviation
Tata Sons to take control of Air Asia India with the holding of 83.6%
Tata Sons Ltd has acquired an additional 32.67 per cent stake in Air Asia India for $37.6 million. Now,...Indigo partners with car rental company Urban Drive
Budget carrier IndiGo has partnered with car rental company Urban Drive so that passengers can book self-driven and chauffeur driver services across 60 cities...Adani Group acquires 74 per cent stake in Mumbai International Airport
Gautam Adani-led Adani Group has acquired 74% stake in Mumbai International Airport Limited (MIAL) Adani Enterprises Ltd, through its...Airlines unlikely to refund Rs 3,000 crore to passengers
People who were issued credit shells against tickets cancelled for flights during and after the national lockdown may have to hold on...Air India to send some employees on leave without pay for upto five years
State-owned airline Air India has started on a cost cutting drive and will send around 600 employees on furlough. This is the...
- Banking
RBI imposes ₹2 crore penalty on Standard Chartered Bank
The Reserve Bank of India (RBI) on Thursday imposed a penalty of Rs 2 crore on Standard Chartered Bank for for delays...ICICI bank ties up with Niyo to issue prepaid cards to MSME workers
ICICI Bank, a leading private sector bank in India and Niyo, a new age fintech today announced a tie-up to issue prepaid...YES BANK partners with Aditya Birla Wellness to launch wellness themed credit card
Yes Bank today announced its partnership with Aditya Birla Wellness Private Limited for the new launch of ‘YES BANK Wellness’ and ‘YES...Mahindra Lifespaces to tie-up with SBI for easy home loan
Realty firm Mahindra Lifespace Developers Ltd on Tuesday said it has signed an MoU with SBI for faster home loan approvals as well as to offer special discount.Deutsche Bank to pay $130 million to settle bribery charges
Deutsche Bank AG will pay nearly $125 million to avoid U.S. prosecution on charges it engaged in foreign bribery schemes and manipulated...
- E- Commerce
CAIT alleges Amazon, Flipkart, Zomato and Swiggy of flouting rules
The traders body CAIT (Confederations of All India Traders) has written a letter to Minister Piyush Goyal (Ministry of Commerce and Industry) accusing...Flipkart Introduces SuperCoin Pay Across 5,000 Partner Stores
Homegrown ecommerce marketplace Flipkart on Monday introduced SuperCoin Pay where customers will be able to pay up to 100 per cent of their bill...Amazon face another lawsuit for fixing prices of e-books in US
Amazon is facing a new lawsuit alleging that a deal between the company and five book publishers has created higher prices on...DGGI issues show-cause notice to Amazon India over Rs 175 cr tax demand
The Director General of GST Intelligence (DGGI) has issued a show cause notice to e-commerce major Amazon India over alleged wrong claim...Indian B2B e-commerce startup udaan raises $280 million
Indian B2B e-commerce startup udaan raises $280 million in additional financing from its existing and new investors. The new investors...
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Reliance Jio moved high court against vandalism of mobile towers in Punjab, Haryana
Reliance Jio on Monday approached the High Court against the vandalism of its towers in Punjab and Haryana. It urges...India challenges Vodafone arbitration ruling in Singapore
India on Thursday challenged the international arbitration court’s ruling in favour of Vodafone Plc in the retrospective tax case. About...Airtel, Nokia Tie Up For 5G Network In Kenya
Bharti Airtel's Africa arm and telecom gear maker Nokia on Monday announced a three-year deal to modernise network in Nairobi with high-speed...Bharti Airtel To Buy Stake In Avaada Energy’s Subsidiary
Bharti Airtel on Friday said it will acquire stake in solar power company Avaada MHBuldhana in an all-cash deal. The company...Bharti Infratel and Indus Towers merger completed
Bharti Airtel on Friday said the merger of Indus Towers Limited and its telecom tower arm Bharti Infratel Limited has been completed.
- Other Business News
Rolls-Royce recruiting for Finance Data Analyst
Rolls-Royce recruiting CA,CMA,CIMA for Finance Data Analyst. Press the 🔔 Icon for notifications of all updatesGoogle to spend $150 million to create awareness on covid vaccine
Alphabet CEO Sundar Pichai announced on Monday that search engine giant Google will be providing $150 million to promote COVID-19 vaccine education...HC rejects MML’s counterclaim of ₹1,172.8 crore against JSW Steel
The High Court of Karnataka rejected the plea of Mysore Minerals Ltd (MML) to add a counterclaim of about ₹1,172.79 crore against JSW Steel Ltd.Zomato Acquires Sports Discovery Startup Fitso For 100 crore
Pic credit: Entrackr Indian foodtech unicorn Zomato has acquired full-stack sports facilities provider Fitso in a deal of Rs100...NSE remains world’s largest derivatives exchange for 2nd consecutive year
The National Stock Exchange of India Ltd (NSE) again secure the first position in the world's largest derivatives exchange for the second...
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