Vodafone Idea on Friday confirmed in an exchange filing that its adjusted gross revenue (AGR) have indeed been frozen by the government and the firm will begin paying a maximum of ₹124 crore a year over next six years beginning March this year to March 2031.

The telco will also pay ₹100 crore annually, from March 2032 to March 2035.

The Delhi High Court on Wednesday issued notice to the Delhi government in relation to a public interest litigation (PIL) seeking strict enforcement of e-rickshaw regulations in the national capital, Bar and Bench reported.

A Division Bench of Chief Justice Devendra Kumar Upadhyaya and Justice Tejas Karia was hearing a petition filed by Manish Parashar against the Delhi government, its Transport Department, Delhi Traffic Police and the Municipal Corporation of Delhi.

India's finance ministry plans to scrap five-year-old restrictions on Chinese firms bidding for government contracts, two sources said, as New Delhi seeks to revive commercial ties in an environment of eased diplomatic and border tensions.

The curbs, imposed in 2020 after a deadly clash between the countries' troops, required Chinese bidders to register with an Indian government committee and obtain political and security clearances.

West Bengal Chief Minister Mamata Banerjee on Thursday alleged that ED officials were attempting to seize TMC's hard disks, internal documents and sensitive organisational data during a search operation at the residence of I-PAC chief Prateek Jain here.

She described the raid at the residence of Jain as politically motivated and unconstitutional.

India's markets regulator has accused a Bank of America (BofA) unit of violating its insider trading rules and breaking internal "Chinese walls" in connection with a 2024 share sale, a notice showed.

The notice followed a Securities ‍and Exchange Board of India (Sebi) investigation into the conduct ​of the bank's domestic securities unit in managing a March 2024 stock sale of Aditya Birla Sun Life Asset Management (ABSL AMC).

US President Donald Trump has purportedly backed a Bill that threatens to raise tariffs on countries buying energy products, including oil, from Russia, to at least 500 per cent. If approved, the Bill will add pressure on countries like India, China and Brazil which continue to purchase Russian oil despite US sanctions.

The Anti-Narcotics Task Force (ANTF), in a joint operation with the Border Security Force (BSF) and the Border Range, carried out a major crackdown on trans-border drug smuggling in Punjab on Tuesday, leading to the recovery of 19.980 kg of heroin and the arrest of four accused, including the key operative managing the supply chain.

Cuban Ambassador to India Juan Carlos Marsan Aguilera on Monday strongly condemned the US military operation in Venezuela that led to the capture of President Nicolas Maduro and his wife, terming it a "criminal act" and a "terrorist act" that violates the United Nations Charter and international law.

Ukraine's allies are meeting on Tuesday in Paris for key talks that could help determine the country's security after a potential ceasefire with Russia. But prospects for progress are uncertain with the Trump administration's focus shifting to Venezuela.

Before the US capture of Venezuelan leader Nicolas Maduro, French President Emmanuel Macron had expressed optimism about the latest gathering of so-called coalition of the willing nations.

Venezuela would need to invest around $183 billion over the next 15 years through 2040 to boost crude oil output to 3 million barrels per day (bpd), a level last achieved in the late 1990s, from the current production level of 1.1 mbpd, according to Rystad Energy.

After the capture of Venezuelan President Nicolas Maduro, American President Donald Trump said that US oil companies would take control of Venezuela’s crude production and “rebuild the oil infrastructure” of the country.

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