Read more about the article Why Companies Are Leaving West Bengal: 2,227 Firms Relocate Between 2019-2024
Business / Politics

Why Companies Are Leaving West Bengal: 2,227 Firms Relocate Between 2019-2024

Over 2,200 companies moved their registered offices out of West Bengal to other states between 2019 and 2024. This includes 39 listed companies. The main reasons for these moves were easier operations, cost savings, and better control over management. Experts point out that poor infrastructure and complicated regulations are pushing businesses to leave, and they say Bengal needs to make changes to keep up with more business-friendly states like Gujarat and Maharashtra.

By Vishal Kumar
December 5, 2024
Read more about the article ED Nabs 2 CAs and Crypto Trader in ₹640 Crore Money Laundering Case
Business / Technology

ED Nabs 2 CAs and Crypto Trader in ₹640 Crore Money Laundering Case

Two chartered accountants (CAs) and a cryptocurrency trader were arrested in a ₹640 crore cyber fraud case. The Enforcement Directorate (ED) carried out searches at several locations, recovering ₹47 lakh in cash, important documents, and crypto assets. The fraud involved betting, gambling, part-time jobs, and phishing scams, with the money being transferred through over 5,000 Indian bank accounts to a payment platform based in the UAE.

By Vishal Kumar
December 4, 2024
Read more about the article FSSAI Issues New Guidelines for E-commerce Food Sellers: Ensuring Safety and Authenticity
Business / Science / Technology

FSSAI Issues New Guidelines for E-commerce Food Sellers: Ensuring Safety and Authenticity

The FSSAI has told e-commerce platforms to make sure the food products they sell match the claims on their labels and follow safety and quality rules. The guidelines focus on training staff on food safety and delivery, following labelling laws, and being clear about FSSAI licenses and product shelf life. These steps are meant to build consumer trust and ensure the authenticity of food sold online.

By Vishal Kumar
December 4, 2024
Read more about the article Comedian Sunil Pal Goes Missing After Show, Wife Files Police Complaint
Politics / Entertainment

Comedian Sunil Pal Goes Missing After Show, Wife Files Police Complaint

Comedian Sunil Pal has been missing for several hours after traveling for a show outside Mumbai. His wife filed a missing person complaint at Santacruz Police Station after repeated attempts to reach him failed. Pal is known for winning *The Great Indian Laughter Challenge* in 2005 and his roles in Bollywood films like *Hum Tum* and *Phir Hera Pheri*.

By Vishal Kumar
December 4, 2024
Read more about the article 5.3 Magnitude Earthquake Hits Telangana’s Mulugu: Tremors Felt in Hyderabad
Politics / Science

5.3 Magnitude Earthquake Hits Telangana’s Mulugu: Tremors Felt in Hyderabad

An earthquake of magnitude 5.3 struck Mulugu district in Telangana on December 4, 2024, at 7:27 AM. The tremors were felt in nearby districts, including Hyderabad. While there were no immediate reports of casualties or property damage, the earthquake, which occurred at a depth of 40 km, was one of the strongest in the region in the last 20 years.

By Vishal Kumar
December 4, 2024
Read more about the article SEBI Cancels Trafiksol ITS Tech IPO, Orders Refund to Investors
Business

SEBI Cancels Trafiksol ITS Tech IPO, Orders Refund to Investors

The Securities and Exchange Board of India (SEBI) has canceled Trafiksol ITS Technologies' BSE-SME IPO and ordered the company to refund ₹44.87 crore to investors. This decision follows concerns about the company's financial dealings and an investigation that revealed the vendor involved was a 'shell entity.' SEBI has given the company one week to complete the refund process, with BSE overseeing it.

By Vishal Kumar
December 3, 2024
Read more about the article Court Commissioner Threatened for Exposing Anti-Pollution Violations in Delhi
Politics / Science

Court Commissioner Threatened for Exposing Anti-Pollution Violations in Delhi

A court commissioner overseeing anti-pollution efforts in Delhi-NCR has claimed he was threatened while taking photos of illegal construction at the home of a senior BHEL official. The commissioner flagged several violations, including stubble burning, waste burning, construction activities, and dust emissions. Other commissioners also pointed out road traffic and biomass burning as major pollution contributors in the area.

By Vishal Kumar
December 3, 2024
Read more about the article Pricol to Acquire Sundaram Auto Components’ ₹215 Crore Injection Moulding Business
Business / Technology

Pricol to Acquire Sundaram Auto Components’ ₹215 Crore Injection Moulding Business

Coimbatore-based Pricol is set to acquire Sundaram Auto Components' (SACL) injection moulding business for ₹215 crore. This all-cash deal, made through Pricol's subsidiary, Pricol Precision Products, is expected to boost Pricol's revenue by ₹730 crore. SACL, a subsidiary of TVS Motor, operates six manufacturing facilities and reported ₹727 crore in revenue for FY24. Additionally, Pricol plans to acquire a 26% stake in PQSI Digital Private Ltd for ₹10 crore.

By Vishal Kumar
December 3, 2024
Read more about the article Retail Inflation Hits 14-Month High, MPC Expected to Keep Repo Rate Unchanged
Business / Politics

Retail Inflation Hits 14-Month High, MPC Expected to Keep Repo Rate Unchanged

The Monetary Policy Committee (MPC) is likely to keep the repo rate steady in its December meeting, despite a slowdown in GDP growth and rising retail inflation above 6%. While the committee may update its GDP and inflation forecasts, economists suggest that controlling inflation will remain a priority. MPC members are expected to maintain a neutral stance to support long-term price stability and growth.

By Vishal Kumar
December 1, 2024
Read more about the article Pappu Yadav Receives Bulletproof Land Cruiser Amid Death Threats from Lawrence Bishnoi Gang
Business / Politics / Technology

Pappu Yadav Receives Bulletproof Land Cruiser Amid Death Threats from Lawrence Bishnoi Gang

Pappu Yadav, an independent MP from Bihar, received a bulletproof Land Cruiser to boost his security after receiving death threats from the Lawrence Bishnoi gang. The car, which is equipped with advanced protection, was given to him by a close friend. Yadav says the car is so secure that it can even survive a rocket launcher attack. The threats, including plans to bomb his house, have led to stronger security measures around him.

By Vishal Kumar
November 27, 2024

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