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  1. Business News Highlights: CBI books Deputy Director, RoC Mumbai for alleged demand of ₹2 crore bribe

Business News Highlights: CBI books Deputy Director, RoC Mumbai for alleged demand of ₹2 crore bribe

Upstox

5 mins read | Updated on September 12, 2024, 17:25 IST

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SUMMARY

Stay tuned for live updates on the latest business news, trends, and breaking developments on September 12, 2024.

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  1. CBI books Deputy Director, RoC Mumbai for alleged demand of ₹2 crore bribe

    The Central Bureau of Investigation (CBI) has registered a case against Deputy Director, Registrar of Companies Mumbai for allegedly seeking ₹2 crore bribe for preparing a favourable report for a company under investigation, officials said on Thursday.

    Following the registration of the FIR against Deputy Director Sai Shankar Landa on Tuesday, the central agency had conducted a search operation at his premises in Mumbai and his native place in Vishakhapatnam on Wednesday, they said.

    September 12, 2024, 16:55 PM

  2. WhatsApp Business messaging: Meta announces availability of verified badge, showcases new AI tools

    With more businesses embracing messaging to engage with their customers, Meta on Thursday announced a slew of new features and programmes including full availability of verified badge - a trust marker- for small businesses to establish credibility and credentials with consumers.

    At the WhatsApp Business Summit in Mumbai, Meta also spotlighted Artificial Intelligence tools for enhancing the messaging experience. To start with, Meta will make it easy to activate AI directly from WhatsApp Business app to enable businesses to engage more efficiently with their customers - it has recently started testing this in India, and says early results are exciting.

    September 12, 2024, 15:52 PM

  3. India to drive 20% of global economic growth in next decade: Kant

    India will be driving 20% of the world's economic growth in the next decade as it continues its march to become the third largest economy globally, according to G20 Sherpa Amitabh Kant.

    Speaking at the AIMA convention, he noted that India continues to be the fastest-growing large economy in the world and is the fifth-largest economy. Read more.

    September 12, 2024, 16:12 PM

  4. PM E-DRIVE: Centre approves ₹10,900 crore EV subsidy scheme

    The Union Cabinet on Wednesday approved the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme with an allocation of ₹10,900 crore for two years to promote the adoption of electric vehicles in the country.

    This scheme will replace the existing FAME programme, which ran for nine years until March. However, PM E-DRIVE will not subsidise electric cars. Read more.

    September 12, 2024, 15:37 PM

  5. DNA Wellness to invest ₹200 crore to set up over 100 cervical cancer screening labs

    City-based DNA Wellness on Thursday said it will invest ₹200 crore to set up over 100 cervical cancer screening labs across India by 2027.

    The company has acquired exclusive rights to conduct the DNA Ploidy Test, a diagnostic tool developed by the British Columbia Cancer Research Agency, Canada, the company said in a statement.

    The test, also known as CERViSure, is a quick, accurate, and non-invasive method to detect cervical cancer. Read more.

    September 12, 2024, 16:12 PM