The Supreme Court on Wednesday declined to grant immediate interim bail to Delhi Chief Minister Arvind Kejriwal in the now-cancelled 2021-22 excise policy case probe.

The court also issued a notice to the Central Bureau of Investigation (CBI), seeking their response on the matter.

Kejriwal had filed a plea in the top court against the Delhi High Court order upholding his arrest by the CBI.

Financial Services Commission of Mauritius on Tuesday said the offshore fund at the heart of the conflict of interest allegation Hindenburg Research levelled against Sebi chief is not domiciled in the Island nation, and that it does not permit the creation of shell companies.

In a statement, FSC said it has taken cognizance of the contents of the report published by Hindenburg Research on August 10, 2024, wherein mention has been made of 'Mauritius-based shell entities' and Mauritius as a 'tax haven'.

The port out of Vodafone Idea (Vi) subscribers to state-owned BSNL has increased since the tariff hikes in July, CEO Akshaya Moondra said on Tuesday.

Vi had jacked up tariffs in July following a similar move by competitors Airtel and Jio. But BSNL had maintained the status quo.

Amid a controversy over who hoists the flag at the Delhi government's Independence Day ceremony here, senior AAP leader Manish Sisodia Tuesday assailed Lt Governor V K Saxena, saying there should be no problem with an elected minister doing it.

The Delhi government's General Administration Department (GAD) has refused to comply with its minister Gopal Rai's direction to make arrangements for Education Minister Atishi to hoist the national flag as per a letter by Chief Minister Arvind Kejriwal to the LG.

Amazon India on Monday said that it has formed a strategic partnership with electric mobility firm Gentari for its EV deployment programme as it targets a fleet of 10,000 electric vehicles for last-mile deliveries by 2025.

Under the collaboration, Gentari Green Mobility Business will procure and deploy electric vehicles for the company in the next three years besides providing comprehensive fleet management services to the delivery service partners (DSPs) to ensure the seamless operation and upkeep of the EV fleet, Amazon India said.

Indian Railways has scrapped its Rs 30,000-crore tender for the production and maintenance of 100 Vande Bharat trains, as reported by MoneyControl and confirmed by Olivier Loison, managing director of Alstom India.

The cancellation comes after the railways found the price quoted by the lowest bidder, Alstom India, to be ‘too high’. According to the report, the French multinational company had quoted a price of Rs 150.9 crore per train. However, the railways wanted to seal the deal at Rs 140 crore per train.

Coffee Day Enterprises share price were under pressure for a second day on Tuesday. At 1:20 PM, Coffee Day shares were down 15 per cent at Rs 33.89 per share as against 364 points, or 0.46 per cent, dip in the benchmark BSE Sensex.

In two days, Coffee day Enterprises share price has tumbled 28.6 per cent after the company informed the exchanges that the National Company Law Tribunal (NCLT), Bengaluru bench, has admitted the company for insolvency proceedings.

The Supreme Court on Tuesday closed the contempt case against yoga guru Ramdev and Acharya Balakrishna after accepting their undertakings to cease issuing misleading advertisements and claims regarding Patanjali Ayurved Ltd products. The decision followed a series of legal actions stemming from allegations that Patanjali engaged in a smear campaign against modern medicine, particularly during the Covid-19 pandemic.

In May, the Supreme Court had reserved its order on a contempt case filed by the Indian Medical Association (IMA) against Patanjali Ayurved Ltd, Ramdev, and Balakrishna.

India’s net direct tax collection, with refunds adjusted, grew 22.5 per cent to Rs 6.93 trillion between April 1 and August 11 of FY25.

In the same period last year, tax collection was at Rs 5.65 trillion, according to the Income-Tax (I-T) Department’s latest data released on Monday.

US short-seller Hindenburg Research has raised concerns about a possible conflict of interest involving Madhabi Puri Buch, the Chairperson of India's market regulator, SEBI (Securities and Exchange Board of India). In a series of tweets, Hindenburg responded to SEBI's statement regarding an investigation into the Adani Group.

Hindenburg claims that SEBI was responsible for investigating certain investment funds related to the Adani Group.

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