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ED Raids West Bengal Over Alleged NRI Quota Scam in Medical Colleges

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The Enforcement Directorate (ED) conducted coordinated raids across multiple locations in West Bengal on Tuesday, targeting suspected irregularities in Non-Resident Indian (NRI) quota admissions in medical colleges. The searches were carried out in Salt Lake, Kolkata, and districts including Birbhum, Durgapur, Jhargram, and Burdwan. Residences of officials from private Continue Reading
Business Featured Latest News

Real Estate Captures 17% of ₹4.49 Lakh Crore AIF Investments in India

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Alternative Investment Funds (AIFs) have channeled ₹75,468 crore into the real estate sector over the last decade, marking a 17% share of the total ₹4,49,384 crore investments across sectors like IT/ITeS, financial services, pharma, and renewable energy, according to SEBI data analyzed by ANAROCK Research. This makes real estate the highest recipient of AIF investments, Continue Reading
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India to Expand EV Policy to Include Existing Automakers

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According to a Reuters report, the Indian government plans to broaden its electric vehicle (EV) policy, initially designed to attract new automakers like Tesla, to include existing internal combustion engine manufacturers and hybrid cars. This move aims to boost domestic EV production and encourage established players like Toyota and Hyundai to deepen their investment in Continue Reading
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Automakers Face Penalties for Exceeding Emission Norms in FY 2022-23

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The Indian government has identified eight automobile manufacturers, including Hyundai, Kia, Mahindra, and Honda, for violating fleet emission norms in the financial year 2022-23. According to a report by The Indian Express, these companies could face penalties totaling approximately Rs 7,300 crore. Hyundai leads the violators with a penalty exceeding Rs 2,800 crore, Continue Reading
Business Featured Latest News

ED Raids Multiple Locations in Bank Fraud Probe Against Former Kwality Ltd Promoters

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The Enforcement Directorate (ED) conducted searches at multiple locations in Delhi and neighboring areas on Wednesday in connection with an alleged bank loan fraud and money laundering case involving former promoters of the liquidated dairy major Kwality Ltd. Around a dozen premises linked to the company’s ex-directors, promoters, and key associates were raided under Continue Reading
Business Featured Latest News

Streambox Media Launches Dor: A Smart TV Subscription Service to Revolutionize Home Entertainment

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Streambox Media, a two-and-a-half-year-old startup backed by Micromax Informatics and other prominent investors, has launched “Dor,” a subscription-based smart TV service designed to offer a seamless, all-in-one home entertainment solution. Set to debut on Flipkart on December 1, Dor combines a high-quality 4K QLED television with access to over 24 streaming Continue Reading
Business Featured Latest News

Zepto Secures $350M Funding, Becomes India’s Highest-Funded Startup in Three Years

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Quick-commerce giant Zepto has raised $350 million in a landmark funding round, maintaining its $5 billion valuation. The funding, led by Motilal Oswal’s Private Wealth division, included contributions from Indian high-net-worth individuals (HNIs), family offices, and major financial institutions, marking the largest 100% domestically funded round in India’s startup Continue Reading

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