BRS leader K Kavitha had allegedly "threatened" Aurobindo Pharma Promoter Sharath Chandra Reddy to pay Rs 25 crore to the Aam Aadmi Party for five retail zones allotted to his firm under the Delhi government's excise policy, the CBI told Special Court on Friday, while seeking her custody.

Kavitha had told Reddy that in case of non-payment of money his business will be harmed in Telangana and Delhi under the Excise policy, the CBI has alleged.

The findings of the CSDS-Lokniti 2024 pre-poll survey revealed that an overwhelming majority of respondents (79 per cent) appeared to support the idea that India belongs to all religions equally.

Notably, the belief in India as a shared space for adherents of all faiths is not confined to religious minorities but is also prevalent among the majority community. While 77 per cent of Hindus expressed faith in religious pluralism, an even higher percentage of Muslims (87 per cent) and other minority groups (81 per cent) shared this view.

Indri, the Indian single malt whisky, has crossed the milestone of 100,000 cases in sales within just two years of its launch to become the fastest-growing such liquor in the world, according to a report in the Economic Times (ET).

“In a market once dominated by imported labels, Indri stands tall as a beacon of Indian excellence. It's not just a brand; it's a symbol of national pride, elevating the status of Indian spirits to unparalleled heights,” said Praveen Malviya, chief executive officer (CEO) of Piccadily Distilleries, which makes the malt.

China and India have made "great positive progress to resolve the border standoff, with both sides maintaining close communication, a senior foreign ministry official said here on Friday.

The foreign ministry spokesperson Mao Ning's remarks were further elaboration on China's reaction to Prime Minister Narendra Modi's recent statement in which he said that for New Delhi, ties with Beijing are important and the "prolonged situation" at the borders should be addressed urgently.

Mitsubishi UFJ Financial Group Inc. is in talks to acquire a roughly $1.7 billion stake in HDFC Bank Ltd.’s consumer lending unit to tap booming demand for personal finance loans in India, people familiar with the matter said.

Japan’s biggest lender is nearing the purchase of a 20 per cent stake in HDB Financial Services Ltd., which offers personal, gold and auto loans, said the people, who asked not to be named because the information is private. It would mark one of the biggest financial sector deals involving lenders of the two countries.

Shares of Hindustan Zinc hit a new high of Rs 434.80, as they rallied 8 per cent on the BSE in Friday’s intra-day trade in an otherwise weak market amid back of heavy volumes.

Thus far in the month of April, in nine trading days, the stock of the metal company has zoomed 49 per cent.

The National Company Law Appellate Tribunal (NCLAT) has stayed insolvency proceedings against Captain GR Gopinath's Deccan Charters till April 26, 2024, its next date of hearing.

Earlier, the Bengaluru bench of the National Company Law Tribunal (NCLT) had directed initiation of Corporate Insolvency Resolution Process (CIRP), admitting a plea of financial creditor Krone Finstock claiming a default of around Rs 10 crore.

In an anti-climax of sorts regarding environmental conservation efforts and carbon emission reduction, a recent report has revealed an unsettling trend: India's consumption of petrol has more than doubled over the past decade, while diesel consumption has risen by approximately one-third, The Economic Times reported.

Overall, oil demand has surged by fifty per cent. Data from the Petroleum and Natural Gas Ministry indicates that between 2013-14 and 2023-24, annual petrol consumption skyrocketed by 117 per cent, diesel by 31 per cent, aviation turbine fuel by 50 per cent, and LPG by 82 per cent, the report claimed.

Delhi Chief Minister and Aam Aadmi Party (AAP) supremo Arvind Kejriwal has moved the Supreme Court (SC) against the Delhi High Court's order rejecting his petition against his arrest in the liquor policy case.

On Tuesday, after the Delhi High Court dismissed Kejriwal's plea against his arrest by the Enforcement Directorate (ED), his counsel, Rishikesh Kumar, stated that they were well within their rights to challenge the ruling.

Ride-hailing firm Ola Cabs is exiting all of its international markets, which include the United Kingdom, Australia, and New Zealand, as it focuses on the Indian market and growing its electric vehicle (EV) fleet.

An Ola Mobility spokesperson shared in a statement that the ride-hailing business is growing rapidly in India, where they are profitable and are segment leaders.

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