Google has been fined Rs 26,172 crore after a 15-year legal battle with a UK couple, Shivaun and Adam Raff, over its unfair control in shopping comparison services. The European Court of Justice upheld the fine first set in 2017, leaving the tech giant disappointed.
Suzlon Energy saw its net profit jump 96% to Rs 201 crore for the second quarter of FY25. This rise came from winning a lot of new orders and strong growth in revenue. The company’s revenue grew by 48% to Rs 2,093 crore, but its profit margin dipped a bit.
NTPC Green Energy has gotten the green light from SEBI for a ₹10,000 crore IPO. This part of NTPC plans to grow its renewable energy projects and pay off some debts. The IPO will feature new shares, with some set aside for employees. The company has seen big growth in revenue and profits recently.
In Karnataka's Vijayapura district, a dispute over claims about Waqf land has sparked tensions between the BJP and Congress. Congress minister Zameer Ahmed Khan mentioned that only 23,860 acres are still under Waqf control and denied any land grabs. The BJP accused Waqf of making unauthorized changes to land records, causing worries among farmers about losing their ancestral lands.
The Enforcement Directorate (ED) has taken control of assets worth Rs 503 crore linked to Nagpur businessman Manoj Jayaswal as part of a bank fraud investigation. These assets were obtained through fake companies and relate to claims of fraud involving over Rs 4,000 crore in stolen loans.
AMPIN Energy has landed a 27 MW solar project in Maharashtra, boosting its partnership with Varroc Group. This new project brings their total solar capacity to over 60 MW, allowing Varroc to cover 70% of its energy needs with renewable sources, which will help cut costs and reduce carbon emissions.
Airtel announced a management change starting January 1, 2026. Gopal Vittal will move up to Executive Vice-Chairman, while Shashwat Sharma will become the new MD and CEO. The company reported a big jump in net profit and revenue for Q2, showing its strong spot in the market.
The Union Rural Development Ministry stands by Aadhaar-based wage payments under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), calling it a change that boosts efficiency and cuts down on payment delays. Although there are claims about workers being dropped from the system, the Ministry highlights the positive aspects and insists that these changes enhance transparency and accountability.
A hacking group is taking advantage of Microsoft Teams to carry out ransomware attacks by pretending to be IT staff. They trick employees into installing harmful software, leading to security breaches. The group, Black Basta, came from the disbanded Conti syndicate and uses social tricks to get into company networks.
Volkswagen plans to lay off thousands of workers and close at least three factories in Germany as part of a big restructuring effort. This decision comes amid rising pressures from low demand and competition in the electric vehicle market, increasing tensions between management and workers.