Authorities found a huge scam involving a fake company in Pune, registered under an auto rickshaw driver's name, with fraud estimates between Rs 5,000 and Rs 8,000 crores. The main suspect, Ashrafbhai Ibrahimbhai Kalavadiya, set up 246 fake GST firms and tricked many people in the process.
Uttar Pradesh’s Authority for Advance Ruling (UPAAR) decided that supplying manpower to foreign clients who don't have a permanent office in India will lead to Goods and Services Tax (GST). This ruling affects companies like Pacific Staffing Solutions that offer staffing services to overseas clients while operating in India.
The jiohotstar.com domain now belongs to siblings Jainam and Jivika from the UAE. The original owner, a developer from Delhi, couldn't get ₹1 crore from Reliance Industries. The siblings plan to use the domain to spread kindness and education, inspired by their experiences in a Seva project in India.
In a recent update, the buyer of the JioHotstar domain said he will take the site offline because of concerns over a legal battle affecting his family. He thanked his global legal supporters and explained his rights to the domain, despite challenges from Reliance Industries.
The United States recently sent a large group of illegal Indian immigrants back to India on a chartered flight. This action is part of ongoing efforts to work with India to reduce illegal migration and tackle human smuggling. The Department of Homeland Security (DHS) stressed its commitment to enforcing immigration laws and encouraging legal ways to migrate.
Nirmala Sitharaman, India's Finance Minister, asked for more help from international financial institutions at the G7 African Ministerial Roundtable. She stressed the importance of boosting lending from Multilateral Development Banks to meet Sustainable Development Goals and improve development finance in Africa.
No more OTPs may be delivered after November 1 due to new TRAI rules requiring traceability of transactional messages. Telecom companies warn that many service providers are unprepared, leading to potential disruptions. A two-month extension is requested for compliance.
Nvidia has taken the lead from Apple to become the world's most valuable company, thanks to high demand for its AI supercomputing chips. Nvidia's market value hit $3.53 trillion, just ahead of Apple's $3.52 trillion. This shift highlights Nvidia's key role in the AI industry.
Essar Group has brought on Manu Kapoor as the Group Chief of Public Policy and Corporate Affairs. With more than 30 years of experience, Kapoor will help strengthen Essar's connections with various stakeholders, supporting the company’s goals in energy transition and innovation.
Swiggy is teaming up with PharmEasy to bring 10-minute medicine deliveries to Bengaluru. This move aims to boost average order values and profits as competition in quick deliveries heats up. While Swiggy used to focus on basic over-the-counter medicines, it's now expanding its online pharmacy services.