A federal jury in San Francisco has found Elon Musk liable for defrauding Twitter (now X) investors in 2022 by disparaging the company in an effort to secure a lower purchase price for the platform, Bloomberg News reported on Friday.Jurors concluded that Musk intentionally misled shareholders by claiming the social media company—later renamed X—had an…
MUMBAI: Short covering, especially during the closing hours of Monday’s session, led to a smart reversal in sensex, which closed 939 points up at 75,503 points. The development came despite strong selling by foreign funds that offloaded shares worth Rs 9,366 crore, the second-highest singlesession net outflow figure so far this year.After days of sharp…
Audi has announced a price increase across its model range in India. The company confirmed that the revision will come into effect from April 1, 2026, with prices set to go up by up to 2 percent. The adjustment will apply to the ex-showroom prices of all Audi models currently sold in the country.Once the…
Growth in India’s eight core infrastructure industries eased to 2.3 per cent in February, down from 3.4 per cent in the same month last year, reflecting weakness in energy-linked segments even as output expanded in several manufacturing-oriented sectors.According to official data, production of crude oil, natural gas and petroleum refinery products declined during the month,…
The National Company Law Tribunal (NCLT) has ordered the liquidation of Hero Electric Vehicles Pvt. Ltd. after efforts to revive the company through the insolvency resolution process failed to produce an approved plan. The order was passed by the NCLT’s New Delhi Bench on March 3, 2026.The tribunal noted that no resolution proposal received the…
Mayank Chakraborty becomes the first GM from Northeast India (Special Arranements) NEW DELHI: On Saturday morning, Rajib Dhar, the general secretary of the All Assam Chess Association, was having a good sleep. And why not? His protégé, Mayank Chakraborty, had just secured his final Grandmaster (GM) norm at the 8th GM Tournament in Sweden. In…
In a recent update, IndiGo, India’s largest airline, has announced the introduction of a fuel charge on both domestic and international flights starting 14 March 2026. The charges will be applicable to all new bookings made from 00:01 hours on March 14. The decision comes after the airline struggles with a surge in fuel costs…
NEW DELHI: The Centre on Tuesday said that the energy crisis in India still remains a matter of concern amid the ongoing conflict in the Middle East. However, it assured consumers not to panic over LPG supplies.During an inter-ministerial briefing on recent developments, Sujata Sharma, joint secretary in the ministry of petroleum and natural gas,…
Iran’s claim that it struck a US F-35 Lightning II has drawn sharp global attention, with early indications suggesting that infrared-guided air defence systems may have played a role in the incident now under investigation.A US F-35 stealth fighter was damaged during a combat mission over Iran and forced to make an emergency landing at…
The Delhi Police has denied allegations of political interference in the release of criminals after a video of a police inspector making such claims circulated on social media, news agency PTI reported. NEW DELHI: The Delhi Police has denied allegations of political interference in the release of criminals after a video of a police inspector…