Bank fraud case: CBI arrests 2 senior executives of Anil’s Reliance Communications | India News

NEW DELHI: The CBI has arrested two senior executives of Reliance Communications (RCOM) as part of its deepening investigation into allegations of financial irregularities.Joint president D Vishwanath and vice president Anil Kalya were arrested following allegations of fund misutilisation that allegedly caused substantial losses to public sector lenders.CBI registered the case based on a formal…

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India-flagged vessels stuck in Persian Gulf asked to transit only when directed to ensure safety | India News

NEW DELHI: After the firing incident on two Indian vessels by the Islamic Revolutionary Guard Corps (IRGC) on April 18, “Indian Navy is prioritising security for all Indian vessels stranded and waiting to cross the Strait of Hormuz”, defence sources confirmed to TOI. “All Indian-flagged cargo ships in the Persian Gulf have also been asked…

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New draft rules soon on ‘E85 & more’ vehicles as government pushes ethanol shift | India News

NEW DELHI: The government is likely to issue a fresh notification for laying down the test requirements for vehicles that can run on almost 100 per cent ethanol (E100) and petrol, a move that would encourage automobile manufacturers to produce Flex-Fuel Vehicles (FFVs).While the road transport ministry, in December 2022, had notified the “applicability of…

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