 "Delhi CM Arvind Kejriwal faces legal turmoil as the CBI’s arrest sparks a dramatic battle over corruption allegations in an excise policy scandal.")
Delhi Chief Minister Arvind Kejriwal is seeking bail from the Supreme Court after being arrested by the CBI on June 26 related to an alleged excise policy scam. His lawyer argued that Kejriwal was not named in the CBI’s FIR and emphasized that he is not a flight risk, highlighting previous bail grants by the ...
 "Glenmark Pharmaceuticals agrees to a million settlement over drug pricing misconduct, reflecting ongoing challenges in the pharmaceutical industry.")
Glenmark Pharmaceuticals has reached a settlement with the US Department of Justice, agreeing to pay $25 million due to a case involving the pricing of a generic drug. This payment will be made in six installments over five years, accruing interest at a rate of 4.25 percent from May 2024. The settlement, announced in a ...
 "India’s NIIF aims to raise billion for infrastructure, marking a bold restart under new leadership after previous turmoil.")
The National Investment & Infrastructure Fund (NIIF) of India is planning to raise approximately $4 billion, aiming for its largest funding round yet. This initiative comes as part of the government’s effort to enhance the country’s infrastructure. The new fund is set to be significantly bigger than the last Master Fund, which concluded with $2.34 ...
 "Nykaa sues ex-CBO Gopal Asthana for breaching confidentiality, claiming he poached their employees for Tata Cliq, seeking compensation.")
Nykaa, a leading beauty and fashion retailer, has filed a lawsuit against its former Chief Business Officer, Gopal Asthana, now with Tata Cliq. The company accuses him of breaching confidentiality and attempting to lure former employees to join Tata Cliq, where he currently serves as head. Nykaa is seeking a refund of nearly Rs 19 ...
 "Prestige Estates raises ₹5,000 crore amid declining profits, expanding into Mumbai and Delhi-NCR markets despite project launch delays.")
Prestige Estates Projects Ltd, a major real estate developer, has successfully raised Rs 5,000 crore through a Qualified Institutional Placement (QIP) aimed at institutional investors. The share allocation consisted of nearly 29.9 million equity shares priced at Rs 1,674 each, reflecting a 4.62% discount from the floor price. With a strong presence in southern India, ...
 "The U.S. encourages global allies, including India, to help resolve the escalating Ukraine conflict and support a just peace.")
The United States has expressed its openness to any nation that wants to assist in ending the ongoing conflict in Ukraine, according to National Security Council adviser John Kirby. His comments followed President Biden’s phone call with Indian Prime Minister Narendra Modi, who recently visited both Ukraine and Moscow. Kirby emphasized that any effort to ...
 "Hunter Biden faces a tumultuous trial over tax evasion, exposing his controversial foreign dealings and personal struggles amid family turmoil.")
Hunter Biden is facing serious legal issues as he prepares for a new trial concerning alleged tax evasion on millions in income from foreign businesses. This trial comes after his recent felony gun conviction, which has raised concerns about his past spending habits and lifestyle choices. Although the political ramifications of these trials may have ...
 "Google faces a dramatic antitrust trial as the DOJ challenges its advertising dominance, potentially leading to a corporate breakup.")
Google is set to face a second antitrust trial as the U.S. Department of Justice challenges the company’s advertising practices, claiming they harm news publishers. This trial follows a prior victory for the Justice Department, which found that Google illegally monopolized online search. The upcoming case will focus on Google’s advertising technology that connects website ...
 "India and the UK are on the brink of finalizing a crucial Free Trade Agreement, enhancing their strategic partnership for economic growth.")
The Free Trade Agreement (FTA) between India and the UK is nearing completion, according to B.V.R. Subrahmanyam, CEO of NITI Aayog. Launched in January 2022, talks had stalled due to elections in both countries. The FTA aims to boost the current GBP 38.1 billion annual trade relationship. Recent agreements, like the UK-India Infrastructure Financing Bridge, ...
 "You.com secures M funding, totaling M, to enhance its AI-driven search and productivity tools amid fierce competition.")
You.com, an AI-driven search engine and productivity tool founded by Richard Socher, has successfully raised $50 million in funding, boosting its total to $99 million. The investment round was led by Georgian and included support from notable backers like Nvidia, Duck Duck Go, and Salesforce Ventures. As competition in the AI search Market intensifies with ...
