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‘Admit mistake, pay penalty’: ED offers to close FEMA violation case against Flipkart on conditions — What we know

‘Admit mistake, pay penalty’: ED offers to close FEMA violation case against Flipkart on conditions — What we know

Posted by By newsportaltoday October 13, 2025
The Enforcement Directorate (ED) has offered to close the Foreign Exchange Management Act (FEMA) violations related probe against e-commerce major Flipkart, under certain conditions, PTI reported citing sources.The agency has…
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Butterfly mourns Prestige’s TT Jagannathan, hails him as ‘mind that shaped kitchen industry’ | See Facebook post

Butterfly mourns Prestige’s TT Jagannathan, hails him as ‘mind that shaped kitchen industry’ | See Facebook post

Posted by By newsportaltoday October 12, 2025
Butterfly, a kitchen appliance brand, has offered a heartfelt tribute to former Prestige group chairman TT Jagannathan, who died on Friday at the age of 77 in Bengaluru. The rival…
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OpenAI accused of using intimidation tactics to erode California’s proposed AI safety law: Here’s what we know

OpenAI accused of using intimidation tactics to erode California’s proposed AI safety law: Here’s what we know

Posted by By newsportaltoday October 11, 2025
A small non-profit has accused Sam Altman-led OpenAI of intimidation tactics to dilute California's proposed AI safety law, known in short as SB 53.The accusation came in a now viral…
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Shareholders and investors are not gung-ho on TCS’s biggest bet

Shareholders and investors are not gung-ho on TCS’s biggest bet

Posted by By newsportaltoday October 10, 2025
Investors and analysts are uncertain about the country’s largest IT services firm's largest pivot since its public listing in 2004. The primary concern is the lack of details and the…
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Airline moves NCLT to seek release of aircraft parts from Adani-owned Air Works

Airline moves NCLT to seek release of aircraft parts from Adani-owned Air Works

Posted by By newsportaltoday October 9, 2025
The plea, filed by Dinkar Venkatasubramanian, the airline’s liquidator, alleges that the MRO firm continues to hold back the components citing unpaid dues. While some of the assets belong to…
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Banks like SBI well versed to handle acquisition financing: C S Setty

Banks like SBI well versed to handle acquisition financing: C S Setty

Posted by By newsportaltoday October 8, 2025
Mumbai, Oct 8 (PTI) Days after the Reserve Bank's decision to allow banks to allow acquisition financing, SBI chairman C S Setty on Wednesday said entities like the country's largest…
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