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Coal Scam: Delhi court awards 3-yr-jail term to ex-Coal Secy H C Gupta

Coal Scam: Delhi court awards 3-yr-jail term to ex-Coal Secy H C Gupta

A Delhi court on Monday awarded three-year jail term to former Coal Secretary H C Gupta in a coal scam case related to irregularities in allocation of a coal block in Maharashtra, a lawyer associated with the case said.

Special Judge Arun Bhardwaj also awarded two year imprisonment to former joint-Secretary in the Ministry of Coal (MoC), K S Kropha in the case and imposed a fine of Rs 50,000, while Gupta was asked to pay a fine of Rs one lakh.

Higher edtech platform upGrad raises Rs 1,670 cr despite funding winter

Higher edtech platform upGrad raises Rs 1,670 cr despite funding winter

Online higher education platform upGrad on Monday said it has raised $210 million (about Rs 1,670 crore) in a round that saw participation from ETS Global, Bodhi Tree, Kaizen Management Advisors and others -- at a time when the Indian edtech companies are busy sacking employees amid the ongoing funding winter.

Founder Group also invested $12.5 million in the funding round to maintain their over 50 per cent ownership in upGrad, the company announced.

Reliance Retail made investments to the tune of Rs 30,000 crore in FY22

Reliance Retail made investments to the tune of Rs 30,000 crore in FY22

Reliance Retail made investments to the tune of nearly Rs 30,000 crore in FY22 and added 2,500 new stores and 11.1 million sq. ft. of warehousing space during the year, the company said in its annual report.

The country’s largest retailer made the investment in its retail business in organic growth, acquisitions and strategic partnerships.

India to have 150,000 Ayushman Bharat health and wellness centres by Dec

India to have 150,000 Ayushman Bharat health and wellness centres by Dec

A total of 1.5 lakh Ayushman Bharat Health and Wellness Centres will be available to serve the people by the end of December, Union Health Minister Mansukh Mandaviya said on Friday in the Upper House.

Mandaviya said this while replying to a discussion on the Right to Health Bill, 2021.

Karnataka CM Basavaraj Bommai tests Covid-19 positive with mild symptoms

Karnataka CM Basavaraj Bommai tests Covid-19 positive with mild symptoms

Karnataka Chief Minister Basavaraj Bommai on Saturday said he has tested positive for COVID-19 with mild symptoms and that his trip to New Delhi stands cancelled.

He said he has isolated himself at home.

I have tested positive for Covid-19 with mild symptoms and have isolated myself at home.

Twitter failed to disclose litigation against Indian govt, says Elon Musk

Twitter failed to disclose litigation against Indian govt, says Elon Musk

Tesla CEO Elon Musk, who is locked in a court battle with Twitter over a failed acquisition bid that Twitter now intends to force through, said that the social media giant jeopardized its third largest market by failing to disclose "risky" litigation against the Indian government.

In a countersuit in a Delaware court which was filed under seal last Friday and made public Thursday, Musk also claimed that he was "hoodwinked" into signing the deal to buy the San Francisco-based social media company.

DLF mulls auction bid for Delhi mall with base price of $366 mn: Report

DLF mulls auction bid for Delhi mall with base price of $366 mn: Report

India's biggest real estate developer DLF is evaluating a bid for a prominent New Delhi shopping mall which has a starting auction price of $366 million, according to two sources and a public notice seen by Reuters.

The 1.2 million square feet "Ambience Mall" in the posh southern district of India's capital has been put up for auction as its current owner, the Ambience Group.

Gold, silver rates rise in early trade; yellow metal trading at Rs 51,980

Gold, silver rates rise in early trade; yellow metal trading at Rs 51,980

Gold became dearer in Saturday's early trade by Rs 160 per 10 gram with 24-carat of the yellow metal trading at Rs 51,980. The price of silver, on other the hand, went up by Rs 500 per kg on Saturday, trading at Rs 58,200.

Meanwhile, 10 gram of 22-carat gold is trading at Rs 47,650 on Saturday after an increase of Rs 150.

VP election today to witness fight between Jagdeep Dhankar, Margaret Alva

VP election today to witness fight between Jagdeep Dhankar, Margaret Alva

Election for the Vice President scheduled to take place on Saturday will witness a fight between NDA nominee Jagdeep Dhankar and Opposition candidate Margaret Alva.

While the number jacks up in favour of the NDA candidate, Alva, a senior politician, has pitched for a conscious vote.

The voting will begin in Parliament House complex and MPs will cast their ballots.

Tiger Global sells 2.34% stake in Zomato, sells 185 million shares

Tiger Global sells 2.34% stake in Zomato, sells 185 million shares

Zomato on Thursday said investment firm Tiger Global has reduced its stake in the company by almost half to 2.77 per cent by selling over 18.45 crore shares in the open market.

Tiger Global's Internet Fund VI Pte Ltd had a holding of 5.11 per cent in the online food delivery platform before the sale.

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