The Maharashtra Food and Drug Administration (FDA) has taken stringent action against fast-food giant McDonald's, accusing it of misleading consumers by using substitutes in place of real cheese in burgers and nuggets, according to a report by the Times of India (TOI). Following the suspension of a McDonald's outlet license in Ahmednagar, the chain has removed the term "cheese" from various menu items while the FDA is pressing for wider corrective measures across the state and, potentially, the nation.

Congress leader Rahul Gandhi lashed out at the Bharatiya Janata Party (BJP) once again, accusing them of corruption.

The Congress leader took to 'X' on Friday and wrote, "Do you know about the Prime Minister's "Give Donations, Take Bail and Business" scheme? The Prime Minister is misusing ED, IT, and CBI through this 'Donation Business' in the guise of 'Vasuli Bhai.'

After introducing it in a limited pilot, Google is ready to roll out the SoundPod to merchants across India in coming months. Powered by Google Pay platform, SoundPod is an audio device that helps merchants track QR code payments with audio alerts when a payment is received. Google Pay in a press note stated that it has received positive feedback from participating merchants and thus has decided to make the product available widely.

Telecom operator Vodafone Idea (VIL) on Thursday said its board will meet on February 27 to consider fundraising proposals.

In a statutory filing, VIL said the board of directors will consider and evaluate all proposals for "raising of funds in one or more tranches by way of a rights issue, further public offer, private placement including preferential allotment, qualified institutions placement or through any other permissible mode and/or combination".

KKR & Co is planning to invest a significant portion of its new $6.4 billion Asia-focused fund in the Indian infrastructure sector, including roads, highways, and renewables. The New York-based private equity major has already invested $3 billion in the Indian infrastructure space as part of its total $10 billion investment in the country.

The Asia Pacific Infrastructure Investors II Fund, which closed on February 1, has identified India, South Korea, Southeast Asia, Japan, Australia, and New Zealand for the deployment of funds.

Edtech giant Byju’s said that its Chief Executive Officer and founder Byju Raveendran will not attend the extraordinary general meeting (EGM) called by select investors on Friday, February 23, as it is invalid.

The current board of Byju's parent, Think and Learn, including Raveendran, his wife and Byju's co-founder Divya Gokulnath, and his brother Riju Ravindran will also not attend the EGM. It is expected to be conducted virtually.

India's stock market will surge to new highs by the end of June and gain nearly 9 per cent in 2024, despite already lofty valuations, according to analysts polled by Reuters, who said a correction in the next three months was unlikely.

The BSE Sensex index, closely tracking the US S&P 500 index, climbed nearly 19 per cent last year on expectations global central banks will cut interest rates in 2024 and India's economic growth will outpace its peers.

The Ministry of Heavy Industries has achieved 79 per cent of its revised target for the number of electric vehicles (EVs) — in two-, three-, and four-wheelers — that it had to support under Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India II (FAME II) as of February 18 (including vehicles under processing for subsidy).

The revised number of vehicles across the three segments was pegged at 1.73 million in the five years of the scheme (previously 1.5 million) which ends on March 31.

Amid a standoff with the farmers, the Haryana government on Wednesday extended the ban on mobile internet and bulk SMS services in seven districts till February 23.

Earlier, the government extended the suspension till February 19.

According to a notification issued by the Haryana administration, bulk SMS and all dongle services provided on mobile networks.

The Enforcement Directorate (ED) has requested the Bureau of Immigration (BOI) to issue a revised look-out circular (LOC) against Byju Raveendran, the founder and CEO of the troubled edtech firm Byju's, as per a report by Economic Times. The central agency approached BOI earlier this month, seeking to ensure that Raveendran remains within the country.

An LOC 'on intimation' had previously been issued against Raveendran more than a year and a half ago, following a request from the ED's Kochi office.

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