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Meta goes to NCLAT against CCI’s Rs 213 crore penalty on WhatsApp

New Delhi, Jan 6 (IANS) Social media platform Meta on Monday moved the National Company Law Appellate Tribunal (NCLAT), challenging a recent Competition Commission of India (CCI) order imposing a Rs 213 crore penalty on the firm related to WhatsApp’s 2021 privacy policy update. In November last year, the competition watchdog directed WhatsApp to not […]

Sensex projected to rise 18 pc by end of 2025: Morgan Stanley

Mumbai, Jan 6 (IANS) Morgan Stanley expects India to be one of the best performing emerging markets in 2025, with a base case projection for Sensex to rise by 18 per cent by December end. In its latest note, the US-headquartered investment bank sees 18 per cent base case upside for the BSE Sensex by […]

Global VC firm Accel raises $650 million fund to empower next-gen Indian entrepreneurs

New Delhi, Jan 6 (IANS) Global venture capital firm Accel on Monday said it has raised a $650 million early-stage fund, dedicated to supporting next-generation of founders in India and Southeast Asia (SEA). Accel’s latest fund, its eighth in India and SEA, will build on its commitment to partnering with early-stage founders to build disruptive, […]

Japan’s Nippon Steel, US Steel file lawsuit against US government

Tokyo, Jan 6 (IANS) Japan’s Nippon Steel and United States Steel have jointly filed a lawsuit against the US government over President Joe Biden’s decision to block the buyout of the American steelmaker by the Japanese company, local media reported Monday. The two steelmakers are seeking a review of the deal by the Committee on […]

Formula-E race case: KTR returns from ACB office after lawyer not allowed

Hyderabad, Jan 6 (IANS) Amid high drama, Bharat Rashtra Samithi (BRS) working president K.T. Rama Rao returned from the Telangana Anti-Corruption Bureau (ACB) office without appearing before investigating officials in the Formula E race case after his lawyer was not allowed to be present during the interrogation. The former minister, accompanied by his lawyer, reached […]

KTR writes to ACB, seeking to defer questioning till HC orders (Ld)

Hyderabad, Jan 6 (IANS) Former Telangana Minister and Bharat Rashtra Samithi (BRS) Working President K.T. Rama Rao has requested the Anti-Corruption Bureau (ACB) to defer his questioning in the Formula-E race case. Rama Rao, who reached the ACB office on Monday in response to the summons but returned without appearing before investigating officers after he […]

Telangana CM urges PM to sanction Regional Ring Rail for Hyderabad

Hyderabad, Jan 6 (IANS) Telangana Chief Minister A. Revanth Reddy on Monday requested Prime Minister Narendra Modi to sanction a Regional Ring Rail, like the Regional Ring Road, for the state. The Chief Minister made the request in his speech during the virtual inauguration of the new railway terminal at Charlapally in Hyderabad by the […]