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CBI files charge sheet against 41 in Bengal coal pilferage case

CBI files charge sheet against 41 in Bengal coal pilferage case

The Central Bureau of Investigation has named 41 people, including senior officials of Eastern Coalfields Limited, in its charge sheet filed at a court in West Bengal's Asansol in a multi-crore coal pilferage scam.

Among others who find mention in the charge sheet are private companies and unknown officials of the CISF and Railways, a CBI statement said.

Amazon sues admins of over 10,000 Facebook groups over fake reviews

Amazon sues admins of over 10,000 Facebook groups over fake reviews

Amazon has filed a lawsuit against administrators of more than 10,000 Facebook groups it accuses of coordinating fake reviews in exchange for money or free products.

The Seattle-based e-commerce giant said in a statement posted on its website Tuesday the Facebook groups were set up to recruit people willing to post incentivized and misleading reviews across its stores in the U.S. the UK, Germany, France, Italy, Spain and Japan.

Marriott signs pact with BeeKay Group to launch 5 hotels in Jharkhand, WB

Marriott signs pact with BeeKay Group to launch 5 hotels in Jharkhand, WB

Marriott International has signed an agreement with BeeKay Group to bring five new hotels to Jharkhand and West Bengal, the company said in a statement on Monday. Slated to open between 2024 and 2026, the agreement is expected to add more than 700 rooms to Marriott International’s existing portfolio in the country.

Marriott's Le Méridien brand is expected to debut in East India with the opening of Le Méridien Ranchi. Other planned openings include Courtyard by Marriott Asansol, Fairfield by Marriott Maithon, Fairfield by Marriott Ranchi, and Fairfield by Marriott Deoghar.

Rupee falls past 80 against US dollar, recovers as exporters sell greenback

Rupee falls past 80 against US dollar, recovers as exporters sell greenback

The rupee on Tuesday weakened to 80 per US dollar for the first time in history before recovering ground as banks sold the greenback on behalf of exporters, dealers said.

The rupee weakened to a low of 80.05 against the US dollar in opening trade and was last at 79.95. It closed at 79.98 on Monday.

Dealers said they had not seen the Reserve Bank of India (RBI) making heavy market interventions, but it is likely to sell dollars if the rupee weakened well past 80.10.

TVS, Eicher Motors hit 52-week highs on healthy growth prospects

TVS, Eicher Motors hit 52-week highs on healthy growth prospects

Shares of two-wheeler companies were in focus with TVS Motor Company and Eicher Motors at their respective 52-week highs on the BSE in Tuesday’s intraday trade on expectation of healthy demand for vehicles on back of strong rural demand supported by favorable rabi output, increase in crop prices and opening up of schools and colleges.

Among the individual stocks, TVS Motor hit a record high at Rs 888.80, up 1 per cent, surpassed its previous high of Rs 885.85 touched on July 1, 2022. Eicher Motors hit a fresh 52-week high of Rs 3,088, up nearly 2 per cent in intraday trade today.

Delhi govt to bear 50% cost to train women as commercial drivers: Official

Delhi govt to bear 50% cost to train women as commercial drivers: Official

To provide employment opportunities to women in the public transportation sector, the Delhi government on Monday announced that it will bear 50 per cent of the cost to train them as commercial drivers, an official statement said.

As part of the scheme, the government will invite fleet owners and cab aggregators to sponsor the remaining 50 per cent of the training cost for the women drivers seeking employment in these companies, it said.

Allahabad HC rejects revision petition in Babri Masjid demolition case

Allahabad HC rejects revision petition in Babri Masjid demolition case

The Lucknow bench of Allahabad High Court has said that the revision petition filed against the acquittal of all 32 accused persons, including former Deputy Prime Minister L.K. Advani, the then Uttar Pradesh Chief Minister Kalyan Singh, senior BJP leaders -- Murli Manohar Joshi, Uma Bharti, Vinay Katiyar, Sadhvi Ritambhara, Brij Bhushan Sharan Singh -- in Babri mosque demolition case was not maintainable and hence directed its office to convert and treat the revision as criminal appeal. The Court has fixed August 1 as the next date of hearing.

After Covid-19 hiatus, monkeypox fears now haunt Karnataka district

After Covid-19 hiatus, monkeypox fears now haunt Karnataka district

The authorities of Dakshina Kannada are on high alert after a resident of Kannur in Kerala, who landed at the Mangaluru International Airport of the district, tested positive for monkeypox.

Though experts say the spread of this disease is less, a ward with 10 beds in the Government Wenlock Hospital is being reserved for monkeypox patients in Mangaluru. The authorities have swung into action and all passengers arriving from overseas are being screened and subjected to tests.

Ranil Wickremesinghe declares emergency in Sri Lanka ahead of election

Ranil Wickremesinghe declares emergency in Sri Lanka ahead of election

Sri Lanka's acting president Ranil Wickremesinghe on Monday declared a state of emergency in the country with immediate effect, ahead of the July 20 election for the post of the president which fell vacant after Gotabaya Rajapaksa's resignation following the popular public uprising against him.

The government gazette number 2288/30 dated Jul 17 was issued Monday morning.

The 225-member Parliament is expected to elect the new president on July 20.

Luxury car market remains suppressed in India due to high taxes: Audi

Luxury car market remains suppressed in India due to high taxes: Audi

The Indian luxury car market has huge growth potential but remains suppressed due to high taxation on luxury cars and unfavourable regulatory environment, as per a senior executive of German luxury carmaker Audi.

Luxury car volumes account for less than 2 per cent of the overall passenger vehicle sales annually and the sector has been more or less at the same level for the past decade.

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