The Enforcement Directorate on Tuesday conducted searches at multiple locations spread across Delhi and five states as part of a money laundering investigation into alleged irregularities in the Delhi Excise Policy, officials said.

Delhi Deputy Chief Minister Manish Sisodia and some bureaucrats have been named as accused in the alleged scam related to the Delhi excise policy, which has now been rolled back.

Reliance Industries has acquired a majority stake of 79.4 per cent in US-based SenseHawk Inc through primary infusion and secondary purchase, for $ 32million, the company said in a BSE filing.

California-based SenseHawk, which was founded in 2018, is an early-stage developer of software-based management tools for the solar energy generation industry.

A Special Prevention of Money Laundering Act (PMLA) court on Monday extended the Shiv Sena MP Sanjay Raut's judicial custody by 14 days till September 19 in connection with the Patra Chawl land scam case.

Raut was arrested by the Enforcement Directorate (ED) on August 1 in connection with alleged financial irregularities in the redevelopment of the Patra Chawl in suburban Goregaon.

State-owned PTC India will set up a power trading company in Nepal, which will supply electricity to India and Bangladesh, the firm's CMD Rajib K Mishra told Livemint. This will first for an Indian power firm to set up in Nepal and the move will boost the Centre's aim to build a South Asia-focused energy security architecture.

PTC, in the future, may also sell power beyond India and Bangladesh, to Myanmar and Vietnam, if the required infrastructure is set up, Mishra told Livemint.

YES Bank may soon take over Bengaluru's iconic Ritz Carlton hotel. The hotel's holding company, NEL Holdings South Ltd, has failed to repay the Rs 300 crore it owes to the bank, a report by Mint stated.

After the acquisition, the bank will either sell it to a new buyer or find a suitor when it files the case in the National Company Law Tribunal (NCLT), the report added.

In a bid to unite the opposition for the 2024 Lok Sabha election, Bihar Chief Minister Nitish Kumar will be in Delhi on Monday to meet the leaders of the Congress, Left and other regional parties.

After holding the customary Janata Darbar programme in Patna, Nitish Kumar will go to Delhi and stay there for two days.

Reliance Power along with its subsidiary has entered a memorandum of understanding with investment firm Varde Partners for availing debt of up to Rs 1,200 crore, it said on Monday.

Reliance Power said the debt will be used for settlement and discharge, acquisition and restructuring of certain financial instruments.

China became the first country to approve a needle-free, inhaled version of a Covid-19 vaccine made by Tianjin-based CanSino Biologics Inc., pushing the company’s shares up as much as 14.5% Monday morning in Hong Kong.

China’s National Medical Products Administration approved CanSino’s Ad5-nCoV for emergency use as a booster vaccine, the company said in a statement to the Hong Kong Stock Exchange on Sunday.

Google has removed a record 137,657 pieces of bad content based on user complaints in July this year in compliance with the new India IT Rules, 2021.

Most of the content it removed were related to copyright violations (135,341), while other categories included trademark, court order, graphic sexual content, circumvention, and others.

More than one-third of Pakistan is underwater amid its worst floods in history, according to satellite images from the European Space Agency (ESA).

As deadly floodwaters threaten to create secondary disasters, food is in short supply after water covered millions of acres of crops and wiped out hundreds of thousands of livestock, reported CNN.

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