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ED Raids Multiple Anil Ambani-Linked Locations Days After SBI Declares Him ‘Fraud’

ED Raids Multiple Anil Ambani-Linked Locations Days After SBI Declares Him ‘Fraud’

Mumbai (National Times): In a significant move amid growing scrutiny over financial fraud, the Enforcement Directorate (ED) on Thursday launched massive search operations at 40–50 locations linked to Reliance Group MD Anil Ambani. The raids come just days after State Bank of India (SBI) officially declared Reliance Communications and its promoter-director Anil D Ambani as "fraudulent" entities. While Ambani’s personal residence was not searched, sources confirmed that ED teams from both Delhi and Mumbai raided premises associated with various companies under the Reliance Anil Dhirubhai Ambani Group (RAAGA). According to official statements shared with news agency ANI, the ED initiated…
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Russia’s Passenger Plane, Which Disappeared Over Far East with Nearly 50 Aboard, Crashes; All Feared Dead

Russia’s Passenger Plane, Which Disappeared Over Far East with Nearly 50 Aboard, Crashes; All Feared Dead

Tynda, Russia (Rajeev Sharma): In a concerning development from Russia’s remote Far East, a passenger plane carrying nearly 50 people, which went missing while en route to the town of Tynda in the Amur region, near the Chinese border, crashed near Amur region. It is being reported that all passengers on board, including the crew members, have died on the spot. The missing aircraft, an Antonov An-24, was being operated by Angara Airlines, a regional carrier based in Siberia. The plane reportedly lost contact with air traffic control while on final approach to its destination, shortly before it dropped off…
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Supreme Court Stays Precedential Value of Bombay High Court’s Acquittal in 7/11 Mumbai Blasts Case

Supreme Court Stays Precedential Value of Bombay High Court’s Acquittal in 7/11 Mumbai Blasts Case

New Delhi (National Times): The Supreme Court of India today issued a notice to the 12 accused acquitted in the 2006 Mumbai train bombings, following an appeal filed by the State of Maharashtra challenging the Bombay High Court’s landmark decision that overturned all convictions in the case. Appearing on behalf of the State, Solicitor General Tushar Mehta clarified before the bench of Justice MM Sundresh and Justice NK Singh that the government was not demanding the re-arrest or surrender of the acquitted individuals, who were released from prison post the High Court judgment. However, he sought a partial stay on…
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Five Dead, Several Injured as HRTC Bus Falls Off Road in Sarkaghat’s Tarangala Area

Five Dead, Several Injured as HRTC Bus Falls Off Road in Sarkaghat’s Tarangala Area

Mandi, Himachal Pradesh (National Times): A devastating road accident in the Tarangala region of Sarkaghat subdivision, Mandi district, has claimed the lives of five people, including three women and two men, after an HRTC (Himachal Road Transport Corporation) bus veered off the road and plunged into nearby fields near Maseran village. The bus, carrying approximately 20 to 25 passengers, was reportedly navigating a sharp turn when it lost control and fell into a gorge. The exact cause of the accident is still under investigation, but early reports suggest that poor road conditions or mechanical failure may have contributed to the…
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Hibiki Presents ‘Hibiki Making Harmony’

Hibiki Presents ‘Hibiki Making Harmony’

In an exquisite showcase of Japanese craftsmanship and cultural artistry, Hibiki, the heart of the House of Suntory unveiled its signature experience, Hibiki Making Harmony, at Modernist, Four Seasons, Mumbai. Bringing alive the Japanese philosophy of harmony and nature, Hibiki Making Harmony offered a sensorial journey that reflected the essence of Hibiki - the paragon of Japanese luxury spirit. Hibiki celebrates the Harmony of Japanese People and Nature brought to life through Monozukuri - Japanese Craftsmanship. From the balanced blend of rare malt and grain spirits to the design of its 24-faceted bottle inspired by Japan's seasons, every element paid…
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Radio City Business Titans 2025 Chapter 4 – Where Visionaries Take Centre Stage

Radio City Business Titans 2025 Chapter 4 – Where Visionaries Take Centre Stage

Radio City, Indias number one radio network, is set to host the eagerly awaited fourth season of 'Radio City Business Titans (RCBT) Awards 2025' on 25th July at the scenic city of Phuket. As defined by the tagline 'Honouring Visionaries, Celebrating Excellence', the prestigious award celebratesIndias most inspirational business stories - that of dreamers, disruptors, and doers who dare to redefine success. India's most inspiring business stories set to shine at Radio City Business Titans - Chapter 4, Phuket An illustrious gathering of distinguished personalities from diverse industries will converge for an unforgettable evening of celebration in the august presence…
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Crompton Achieves Milestone by Completing Final NCD Repayment of Rs. 300 Crs, Transitions to Zero Debt and Net Cash Positive Status

Crompton Greaves Consumer Electricals Ltd. ('Company'), a leading player in the Consumer Durables player, today announced the successful repayment of the final tranche of its Non-Convertible Debentures (NCD) with principal amounting to Rs. 300 Crs. This milestone marks the full repayment of the total debt of Rs. 2,125 Crs undertaken for the acquisition of Butterfly Gandhimathi Appliances Ltd. (Butterfly), a 75% subsidiary. The repayment effort has involved settling all five scheduled tranches, reinforcing the Company's strategy to minimize debt and thereby significantly reduce interest costs. As a result, the Company can channel more resources into future growth initiatives, innovation, and…
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Axis Max Life Launches a Youth Empowerment Program Focused on Career Guidance and Skill Building

Axis Max Life Launches a Youth Empowerment Program Focused on Career Guidance and Skill Building

Commemorating 15 years of partnership with Axis Bank In Collaboration with Learning Space Foundation Axis Max Life Insurance Limited ("Axis Max Life" / "Company"), formerly known as Max Life Insurance Company Limited, has partnered with Learning Space Foundation (LSF) to launch Axis Max Life Udaan - a youth empowerment program aimed at enhancing employability and career readiness among students in 25 schools and colleges across Mumbai, Thane and Palghar districts of Maharashtra. The program was launched to commemorate 15 years of the successful bancassurance partnership between Axis Max Life and Axis Bank. Axis Max Life, Axis Bank, Learning Space Foundation…
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Strangeworks Expands Global Presence to India and Sri Lanka

Strangeworks Expands Global Presence to India and Sri Lanka

Strangeworks is expanding its global footprint with a significant expansion into the Indian market, with additional reach in Sri Lanka. This strategic move adds to the already strong presence in the US, Europe, and Japan, and brings the transformative potential of quantum and AI to enterprises across this rapidly advancing region. India is emerging as a powerhouse in quantum and AI innovation, with government initiatives like the National Quantum Mission (NQM) signaling a strong, long-term investment in developing homegrown quantum capabilities and a highly skilled workforce. Fueled by dynamic startups, world-class research institutions, and a booming demand for next-gen solutions…
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Prime Minister Carney Marks 42nd Anniversary of Black July, Reaffirms Canada’s Commitment to Justice

Prime Minister Carney Marks 42nd Anniversary of Black July, Reaffirms Canada’s Commitment to Justice

Ottawa (Rajeev Sharma): Prime Minister Mark Carney has issued a solemn statement to mark 42 years since the anti-Tamil violence known as Black July erupted in Sri Lanka in 1983. The pogrom led to the deaths of thousands, the displacement of families, and the beginning of a mass exodus that shaped Tamil diaspora communities around the world, including in Canada. “Forty-two years ago, an anti-Tamil pogrom erupted in Sri Lanka, leaving thousands dead, families shattered, and countless others forced to flee,” said Prime Minister Carney. “Black July remains a tragic chapter in Sri Lanka’s history.” Recognizing the tragedy’s lasting impact,…
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