TazaPulse

ED auctions for Rs 3 crore Hawker aircraft seized in ponzi case | India News

TazaPulseJuly 4, 2026

NEW DELHI: In a first, ED has auctioned a Hawker 800A aircraft through a PSU, MSTC, for Rs 3 crore in a ponzi scam money laundering case of Rs 792 crore against Capital Protection Force and its promoter Amardeep Kumar. The aircraft was seized from Rajiv Gandhi International Airport, Hyderabad, in March last year.The aircraft...

‘No one is being shielded in Ayodhya donation case’: VHP president Alok Kumar | India News

TazaPulseJuly 4, 2026

VHP President Alok Kumar (File photo) Has the embezzlement of donations row damaged Ram Janmabhoomi Teerth Kshetra Trust‘s credibility, shaken devotees’ faith?It’s a moral blemish that every Hindu feels. This is a temple with a 500-year history of struggle and Hindu sacrifices. When it was to be built, 12.5 crore families donated money. The feeling...

‘Dangerous conspiracy’ to vilify democracy: BJP | India News

TazaPulseJuly 4, 2026

NEW DELHI: BJP Wednesday lashed out at opposition parties over their letter to CJI Surya Kant over SIR, saying it is a “dangerous conspiracy” to malign Indian democracy and spread anarchy by targeting institutions.Taking on Congress, BJP said the style and language used in their letter is “reminiscent” of what was seen during the period...

Loan growth speeds up in Q1, deposits still lag

TazaPulseJuly 4, 2026

MUMBAI: Credit growth remained elevated across the banking system on a year-on-year basis for the quarter ended June 2026 with few banks reporting advances growing at double the rate of credit growth. In contrast, the wedge between credit and deposit growth widened with some banks (Bank of Baroda, IDBI and RBL) reporting a dip in...

Factory floor emerges as new cyber battleground

TazaPulseJuly 4, 2026

CHENNAI: Cyberattacks on two major Indian manufacturing facilities recently have highlighted growing cyber risks facing India’s factory floors once again.Bajaj Auto and one of its subsidiaries reported a ransomware attack that affected parts of their IT systems on June 23, while Tata Electronics disclosed a cyber breach a day earlier. Both companies said they activated...

Govt fixing polls with EC’s help: INDIA bloc to CJI | India News

TazaPulseJuly 4, 2026

Govt fixing polls with EC’s help: INDIA bloc to CJI NEW DELHI: Claiming that democracy is in “jeopardy” because the BJP govt is “manipulating” elections with the help of a “biased” Election Commission, the joint opposition has urged CJI Surya Kant to suspend SIR of electoral rolls, arguing it should be done five years before...

Nearly 500 cities set to become next economic hubs: FM Sitharaman

TazaPulseJuly 4, 2026

Finance minister Nirmala Sitharaman NEW DELHI: Finance minister Nirmala Sitharaman on Friday described the middle class as the growth engine of India and said nearly 500 cities are poised to emerge as the country’s next centres of economic activity.Participating in a panel discussion on ‘How to promote the rise of a new middle class’ at...

SAP tightens hiring, travel as investments in AI zoom

TazaPulseJuly 4, 2026

BENGALURU: German software major SAP is tightening hiring, travel and third-party spending as it steps up investments in artificial intelligence, according to an internal email sent to employees.In the email, SAP said the rapid pace of AI adoption is driving significant investments in AI products, strategic acquisitions and the infrastructure needed to support AI workloads....

WMO warns of rapid El Nino development during July-September | India News

TazaPulseJuly 4, 2026

Representative image (AP) NEW DELHI: There doesn’t appear to be any respite from El Nino’s impact over the monsoon, with the latest update of World Meteorological Organisation (WMO) Friday indicating a “rapid development” of this climatic phenomenon during July-Sept, increasing the likelihood of heatwaves, droughts and other extreme weather events in many parts of the...

HCLTech wins $1.1bn AI-led deal with Mercedes

TazaPulseJuly 4, 2026

Representative image (AP) BENGALURU: HCLTech shares rose nearly 6% on the BSE on Friday after the IT firm announced a $1.1 billion mega deal with a Europe-based Fortune Global 50 enterprise, which people in the know told TOI is Mercedes-Benz. The agreement is among the largest AI-led deals announced by an Indian IT firm this...