Gaurav Gupta News

Ranya Rao. State's Additional Chief Secretary, Gaurav Gupta will lead the investigation. Further, an investigation was also ordered into the role of senior IPS officer Ramachandra Rao. The report is to be submitted within a week. Meanwhile, Rao's friend, Tarun Konduraju, who was accompanying her in Dubai, has also been taken into custody by the Directorate of Revenue Intelligence (DRI). On Monday, Rao was sent to judicial custody for six days. The actress was in the custody of the Directorate of Revenue Intelligence for three days for interrogation. The DRI has said it seized gold bars worth Rs 12.56 crore from Rao at Kempegowda International Airport in Bengaluru.

Khloe Kardashian turning heads at the extravagant Ambani wedding? And Jennifer Lopez channelling her inner Queen Charlotte at her «Bridgerton»-themed birthday party this year? All three chose Indian designers for their headline making red carpet appearances.

money laundering case linked to alleged duping of plot buyers, noting that the Enforcement Directorate (ED) arrested him in a «brazen manner» in «disregard» of Delhi High Court orders, adding that the approach needed to be «deprecated». Special Judge Gaurav Gupta granted relief to Rajesh Katyal, who was accused of duping innocent plot buyers of their hard-earned money. The judge noted the submissions made by senior advocates Vikas Pahwa and Geeta Luthra, appearing for the accused, that Delhi High Court directed status quo in the FIR, based on which the ED lodged its case, by an order passed on July 30, 2024. «Since FIR forms part of the predicate offence (based on which the ED lodged the present case), the ED ought to have abided by the said order. However, in a brazen manner and in disregard of orders passed by a Constitutional court, the ED proceeded to arrest the accused.

Subscribe to enjoy similar stories. SAIC Motor's India joint venture JSW MG Motor India on Monday said it will launch a new sales channel brand, ‘MG Select’ which will bring hybrid, plug-in hybrid vehicles and electric vehicles (EVs), picked from SAIC's global new energy vehicle (NEV) portfolio to Indian consumers under an accessible luxury banner. The new sales channel, akin to a Nexa from Maruti Suzuki, but more high-end, will cater to a growing base of premium car buyers, particularly those over 30 years of age, looking for cars priced above ₹30-40 lakh.

Created by Estée Lauder Companies’ New Incubation Ventures and launched with lead partner Nykaa, this year’s program will highlight the dynamic growth of the beauty sector in India, which is witnessing increased brand activity, innovation, and investment. The 2024 initiative will spotlight companies engaged in social initiatives that improve their communities and ecosystems, as well as founders pioneering new technologies, ingredients, or solutions tailored to Indian beauty consumers. The program has begun accepting entries for this edition of the awards, and participants can submit their entries via [https://beautyandyouawards.com](https://beautyandyouawards.com/) in three categories: Grow, Imagine, and Create. Each category focuses on a different cohort:

Gaurav Gupta is at the forefront of the fight against counterfeit luxury products in India, with nine cases filed in the Delhi High Court against various counterfeiters. Gupta — who has featured in the Paris Couture Week three times and whose designs have been worn by fashion powerhouses like Beyonce (for her Renaissance tour), Cardi B (Grammys 2023) and Mindy Kaling (Met Gala 2024) — has claimed damages of ₹2 crore from each of the counterfeiters and aims to get restraining orders against all nine. Most of these cases involve parties operating in Delhi, with one case in Mumbai and Punjab each.

MG Motor India on Thursday said it has signed an initial pact to deliver 3,000 EVs to integrated fleet electrification platform Vertelo in a phased manner. Both the entities have signed a memorandum of understanding to this effect. The partnership will focus on providing sustainable mobility solutions to riders and will also work towards establishing a robust EV charging infrastructure in the country, MG Motor India said in a statement.

India’s fledgling electric vehicle market on expectations that a government push towards ecofriendly mobility and greater consumer awareness will further accelerate sales. Domestic electric passenger vehicle sales have picked up pace, with the number of mass-market models growing threefold to a dozen by seven companies in 2023, from just four models by three manufacturers prior to the pandemic, according to data collated by automotive market research firm Jato Dynamics. Tata Motors dominates the local EV market with its Tiago, Nexon, Tigor and Punch, followed by MG Motor India and Mahindra & Mahindra. China’s BYD, a relatively new entrant, is making strong inroads, surging ahead of even established rivals such as South Korea’s Hyundai and Kia. BYD, the world's number one electric vehicle maker, launched the Seal sedan earlier this week — the third model in its portfolio after the e6 multipurpose vehicle and Atto 3 SUV.

Excite FC and Exclusive FC variants now feature a 7.4 kW AC fast-charging option, drastically reducing the charging time to under 3.5 hours for a 0-100 percent charge, compared to the previous 7 hours on a 3.3 kW AC charger. The new fast-charging variants are priced at ₹8.24 lakh for the Excite FC and ₹9.14 lakh for the Exclusive FC (ex-showroom). These FC variants replace the previous nomenclature of Push, Play, and Pace with Executive, Excite, and Exclusive, reported the publication.

MG Hector has captured the hearts of SUV enthusiasts, emerging as the brand's flagship model in the country. With the introduction of the Shine Pro and Select Pro variants, MG Motor aims to further solidify its position in the competitive SUV segment.

Gaurav Gupta, former co-founder, Zomato has launched his startup-Gabit. The healthtech startup focuses on the belief of interconnected living while offering personalised meal plans, fitness wearables, fitness plans, skincare products and heathcare products, all under one umbrella.

DLF Ltd’s Emporio mall in Delhi in 2025. Last week, France’s SMCP, the parent company of accessible luxury brands Sandro, Maje, Claudie Pierlot and Fursac, also announced its entry into the Indian market in partnership with Reliance Industries-owned Reliance Brands Ltd (RBL). In a sign of growing appetite for luxury goods in India, Emporio is looking to add new outlets and is in talks with multiple European brands.

Karnataka government has decided to procure 2.5 lakh metric tonnes of imported coal at $86 per tonne, state Additional Chief Secretary (Energy Department) Gaurav Gupta said on Tuesday. Gupta said a decision to this effect was taken by the Karnataka Power Corporation Limited (KPCL). Accordingly, a work order has been issued but supply is yet to start.

₹66.6 crore) in a series-D funding round led by Sanket Parekh of the Pidilite family office. The funding had been raised at a valuation of $352 million, said Purple Style, the parent company of Pernia’s Pop-Up Shop, a luxury fashion omnichannel platform. The round also saw participation from Signet (Harish Shah’s family office), Hira Group’s family office and other investors.

electric vehicles sold in the Indian market is bought by a woman — more than double the share of female buyers of petrol and diesel cars. Senior industry executives ET spoke with said ease of driving and ownership along with increasing environmental awareness are propelling many women to choose electric cars over those powered by petrol and diesel. With more women joining the workforce and becoming financially empowered to make decisions, the trend is expected to continue, they added.Tata Motors, the country's largest electric carmaker, said women account for 24% of its EV sales while its closest rival MG Motor India put the number at 23-24%. In contrast, women's contribution to sales of fossil-fuel cars in the country remains in the range of 11% to 12%.

MG Motor India, which faced disruptions in production through most of the past one year, said with an expected improvement in the supply chain in the second half of 2023, it will be able to clock a quarter of its sales from electric vehicles (EVs) this year. While limitations continue in availability of components amid global challenges, from the Russia-Ukraine war to logistical delays in intercontinental movement, supplies have started showing an improvement, said Gaurav Gupta, deputy managing director, MG Motor India. “We have started ramping up operations with easing of constraints in the supply chain.

Bain Capital, the US-based investment company, announced on July 23 that it has signed a pact to acquire 90% of Adani Capital and Adani Housing. Under the deal, Bain will buy out all of the Adani family's private investments in the company.

Bain Capital has also committed $120 million in primary capital to facilitate the company’s ongoing growth. “I have known Gaurav since his days as an investment banker," said Gautam Adani, the chairman of Adani Group.  “He wanted to become an entrepreneur and I backed him.

Gaurav Gupta, will retain the remaining 10% stake in the firm, and Bain Capital will invest another 10 billion rupees to grow the business, according to the report by Business Standard. The management owns 10% stake in the company while billionaire Gautam Adani owns approximately 90 per cent. According to a report by India Today, Bain Capital has surpassed Carlyle to emerge as the frontrunner in the acquisition process.

Bain Capital is in advanced negotiations to close the acquisition of Gautam Adani's seven-year-old shadow bank, Adani Capital, edging past Carlyle as the Ahmedabad-based billionaire looks to realign his business interests and focus on core infrastructure by conserving cash, said people directly involved. ET was the first to report July 10 that three private equity (PE) groups, including the aforementioned two and Cerberus Capital Management, were in the final lap of the process. Adani Capital's management — led by former Lehman Brothers and Macquarie investment banker Gaurav Gupta, who joined the conglomerate in 2016 — owns around 10% of the company.