Author: News Desk

Ministry of Corporate Affairs monitoring the situation The Ministry of Corporate Affairs has taken steps to check the accounts of Adani Group, which is in crisis after the fraud in the share transaction came to light. News agencies report that the Director General of Corporate Affairs has ordered an inspection of Adani Group’s financial records under Section 206 of the Indian Companies Act. The Securities and Exchange Board of India (SEBI) has written to various banks seeking details about beneficial owners of offshore funds and foreign portfolio investors (FPIs). The Ministry of Corporate Affairs is also closely monitoring the situation.…

At the India Energy Week in Bengaluru on February 6, Billionaire Mukesh Ambani’s Reliance Industries displayed a truck that runs on hydrogen, the cleanest fuel currently known to man with only water and oxygen as tail emissions. The truck was manufactured by Ashok Leyland with two large hydrogen cylinders. A sign next to the truck claims it to be “India’s first H2ICE technology truck on the road.” H2 is the formula for hydrogen and ICE stands for internal combustion engine. The truck has “near-zero emissions” when it uses hydrogen as fuel in place of conventional diesel or even recently introduced liquefied natural gas (LNG). The three-day event, which is themed “Growth, Collaboration, and Transition,” was inaugurated by PM Narendra Modi. RIL and Ashok…

In the UAE, travel agencies are increasingly filing absconding complaints against clients who overstay their visa. Those tourists who overstay their visa expiration could be further blacklisted and banned from entering the UAE or any GCC country if they do not exit after their visas expire. Travel agents say that the rising number of overstay cases is causing reputational damage for their companies with immigration authorities and that their visa portal can be blocked for that cause. These agencies often issue tourist visas under their sponsorship, which means they are held responsible for ensuring that the client leaves the country on time. There is a minimum fine of Dh2,000, which increases each day,…

Start-ups have allured people from different walks of life. From investors to business corporations to Bollywood celebrities, all have eyed the ever-growing start-up sector. Bollywood celebrities are leveraging their popularity and money and have stepped into investors’ shoes. Here is a list of a few female actors who have invested in various start-ups. The most prolific Hindi female actor, Alia Bhatt has three primary start-up investments – Fashion Brand ‘Style Cracker’, socially conscious incense stick company ‘Phool’ and omnichannel beauty brand ‘Nykaa’. She also owns sustainable kidswear brand ‘Ed-A-Mamma’, which also sells maternity wear now. Deepika Padukone is the highest paid actress in Bollywood, Padukone owns an investment entity called…

The fastest-growing consumer app ever, ChatGPT, has recently been making headlines for all the wrong reasons. Bard will soon present some real competition, and additional peers and rivals are anticipated to appear soon as well. Google’s Language Model for Dialogue Applications powers Bard (or LaMDA). However, in theory, the system’s operational structure is the same as that of every other conversational AI: It utilises data from the internet, transforming that information into unique responses to queries or other user input. How Does Bard Work?Similar to how the primary Google search engine now operates, Bard is made to provide general assistance.…

In 11 Indian States and Union Territories, organic petrol will now be offered at a few petrol pumps. The initial phase will see the availability of petrol blended with 20% ethanol. In order to reduce carbon emissions, generate foreign currency, and boost the nation’s self-reliance, Prime Minister Narendra Modi announced this innovative biofuel at the India Energy Week 2023 event hosted in Bengaluru. As part of a program to increase the use of biofuels aimed at reducing carbon emissions, earning foreign exchange and strengthening the country’s self-reliance. Reducing Emissions E20 reduces carbon monoxide emissions from two-wheelers by around 50% and…

The iconic Dubai skyline may soon include Vertical City, a zero-energy city structure. Luca Curci Architects created the project, which had an undisclosed budget. The city was suggested at the Knowledge Summit in Dubai in 2019. According to the official project, the site is in the Middle East, and the client is identified as private under the status of project proposal. Towers on the water that are part of Vertical City are intended to be self-sustaining residences for 25,000 people. A zero-waste policy will be implemented in the city, and renewable resources including solar cells, wind turbines, and wind water…

The GST collection in January increased to over Rs 1.55 lakh crore, the second-highest mop-up ever, next only to the Rs.1.68 lakh crore gross collection in April 2022. The revenues in the current financial year up to January 2023 are 24 percent higher than the GST revenues during the same period last year.This is for the third time, in the current financial year that GST collection has crossed Rs 1.50 trillion mark. In the October-December 2022 quarter, a total of 2.42 crore GST returns were filed till the end of the next month compared to 2.19 crore in the same…

The Faast F4, Freedom, and ClassicIQ are some of Okaya’s other electric scooters. Dual 72V 30Ah LFP batteries are included with the Faast F4. The Okaya Fast F4 is priced at Rs. 1,09,000. (ex-showroom) With a single 48V 30Ah lithium battery, Freedom is the second electric scooter manufactured by the company. Its reported riding range is between 70 and 75 kilometres, and charging takes between 5 and 6 hours. It does feature halogen headlamps with LED daytime running lights, however it does not have a riding mode. It is a scooter that moves slowly. The top speed is therefore 25…

The government has blocked 232 apps operated by overseas entities, including Chinese for being involved in betting, gambling and unauthorised loan service, according to an official source. Ministry of Electronics and IT (MeitY) has issued orders to block these apps following instructions from Ministry of Home Affairs. The government has issued orders to block 138 betting and gambling apps and 94 quick loan-providing apps on an “urgent” and “emergency” basis for “improper data storage and transfer” to other countries as well as money laundering. The ban was taken under Section 69A of the IT Act as the apps contained material that was seen as prejudicial to the sovereignty and integrity of the country. There had…