Business News

ED issues show-cause notice to crypto exchange WazirX’s directors: Report

ED issues show-cause notice to crypto exchange WazirX’s directors: Report

NewDelhi: The Enforcement Directorate (ED) on Friday issued a show-cause notice to cryptocurrency exchange WazirX and its directors Nischal Shetty and Sameer Mhatre for allegedly violating money laundering guidelines in connection with transactions worth Rs 2,790.74 crore. The notices were issued under the Foreign Exchange Management Act (FEMA), 1999, after

TVS Motor expands business in Iraq, launches two new products

TVS Motor expands business in Iraq, launches two new products

Baghdad: Indian automobiles manufacturer, TVS Motor Company on Monday said it will launch two new products in Iraq as part of its expansion plan in that country. The company, which opened a new showroom with sales, service and spares support in Baghdad, said it will launch its commuter motorcycle TVS

Hester Biosciences in talks with Bharat Biotech for tech transfer of ‘Covaxin’

Hester Biosciences in talks with Bharat Biotech for tech transfer of ‘Covaxin’

New Delhi: Hester Biosciences is reportedly in discussions with Bharat Biotech for technology transfer to produce ‘Covaxin’ is underway. Ahmedabad-based Hester is into animal and poultry vaccines. “A triparty consortium has been formed with the Government of Gujarat as the lead partner, to explore the prospects of manufacturing the Covid vaccine

Former Maruti MD and automobile stalwart Jagdish Khattar passes away

Former Maruti MD and automobile stalwart Jagdish Khattar passes away

New Delhi: Automobile industry suffered a great loss as former Maruti Suzuki managing director Jagdish Khattar passed away due to a cardiac arrest on April 26. He was 78 years old. Khattar,  one of most vocal, influential and visionary leaders, was considered one of the most high profile leaders of

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