Supreme Court: No personal oral hearing needed before labelling bank accounts as fraud: SC | India News

The Supreme Court, on Tuesday, issued a decision regarding the classification of bank accounts as fraud. The apex court ordered that banks are not obligated to grant customers a personal oral hearing before declaring their accounts as fraud. However, prior to labelling them, banks must provide customers with a forensic audit report.The ruling follows submissions…

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‘Tuesday at 2pm’: Iran plans human chains at power plants as Trump’s strike deadline looms

An Iranian government official has called on citizens—particularly young people—to gather around the country’s power plants at a fixed hour on Tuesday.In a video broadcast on state television, Alireza Rahimi, introduced as secretary of Iran’s Supreme Council of Youth and Adolescents, urged “young people, athletes, artists, students and university professors” to assemble at 2 p.m….

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Less than a week after thousands of layoffs, Oracle hires new CFO; appointment is ‘effective immediately’ as the company faces …

It’s been less than a week since Oracle announced thousands of layoffs across its offices worldwide. Oracle layoffs were notified to fired employees in an email at 6 a.m. on March 31. The email sent to thousands of employees informed them that Tuesday (March 31) would be their last day. “After careful consideration of Oracle’s…

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Army gets delivery of ‘hundreds of kamikaze drones’ from Gujarat firm under emergency purchase

NEW DELHI: A Gujarat-based deep-tech drone company has delivered “hundreds of kamikaze (suicide or self-destruct) drones” to Indian Army as part of a Rs 10 crore contract with the defence ministry.The contract with Surat-based InsideFPV was signed last Dec, and the consignment of drones was sent to the Army within a two-month timeframe via emergency…

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Tata Sons’ new ventures may lose up to 29k cr

MUMBAI: Amid financial concerns flagged by Tata Trusts chairman Noel Tata regarding Tata Sons‘ new ventures, the businesses are now estimated to incur a combined loss of Rs 29,000 crore in FY26, sharply higher than an earlier projection of Rs 5,700 crore, according to internal estimates reviewed by TOI.Losses for the first nine months of…

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Air India CEO resigns amid mounting losses

Air India CEO Campbell Wilson has resigned amid mounting losses and a slower-than-expected turnaround of the airline the Tata Group took back in its fold over four years ago. Wilson, whose resignation was accepted by the airline board last week, will stay till a successor is found and is serving his notice period. And that…

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