Investigations Financial News

The deadline for updating Aadhaar details for free has been extended by the Centre until June 14, 2024. Initially set for March 14, the Unique Identification Authority of India (UIDAI) announced on Tuesday that the free online document upload facility will now be available until June 14.

Troubled electric-vehicle startup Fisker has hired restructuring advisers to assist with a possible bankruptcy filing, according to people familiar with the matter. Fisker, which recently warned that it risked running out of cash this year, hired financial adviser FTI Consulting and the law firm Davis Polk to work on a potential filing, the people said. The car company reported last month that it had $273 million in sales last year and over $1 billion in debt.

The US Financial Crimes Enforcement Network (FinCEN) is probing into the $165 million worth crypto transaction linked to Hamas, per Wall Street Journal.

1% on Thursday in early trade after reports it was in advanced negotiations to sell a significant stake in Australian telco Optus to Canada's Brookfield Asset Management. Those reports came after Singtel had dismissed an article in the Australian Financial Review (AFR) on Wednesday saying it would sell the entirety of Australia's second-largest telecommunications group for as much as A$18 billion ($11.93 billion).

(Reuters) -The movement of a flight deck seat is a key focus of the probe into a sudden mid-air dive by a LATAM Airlines (OTC:LTMAY) Boeing (NYSE:BA) 787 plane that left more than 50 people injured, aviation industry publication the Air Current reported on Wednesday.

Social Capital, the venture capital firm led by podcaster and former Facebook executive Chamath Palihapitiya, fired two of its partners, citing an undisclosed “situation,” according to a letter sent to its investors that was reviewed by Bloomberg.

A commercial rocket trying to put a satellite into orbit has been intentionally exploded shortly after liftoff in central Japan

Three and a half years after hundreds of tons of improperly stored ammonium nitrate ignited at the Beirut port, setting off one of the world’s biggest non-nuclear explosions, Lebanese and French officials have put forward a plan for reconstruction and ...

Tesla CEO Elon Musk is visiting the electric car maker’s first European plant as production resumes at the factory just outside Berlin, about a week after a suspected arson attack cut its power supply

Adani group stocks, leading to a steep fall in Adani's net worth. The group denied all wrongdoing. Later, the Supreme Court formed a committee to probe the charges against the group.

WASHINGTON (Reuters) — The head of National Transportation Safety Board said Wednesday investigators still do not know who worked on a Boeing (NYSE:BA) 737 MAX 9 door plug involved in a Jan. 5 Alaska Airlines mid-air emergency and that video footage was overwritten.

Telangana Chief minister and Congress leader Revanth Reddy-led government had suspended Praneeth Rao on 5 March for allegedly tapping phones of opposition leader when the K Chandrashekar Rao-led Bharat Rashtra Samithi (BRS) was in power in Telangana, reports Deccan Chronicles. According to media reports, Praneeth Rao was a officer with the Special Intelligence Bureau (SIB) in Telangana Police.

gross negligence on the part of the auditors" of the now-crippled edutech firm Byju's, said its president Ranjeet Kumar Agarwal on Wednesday. Besides, the top official also said the accounting body is also planning to inspect the books of payments major Paytm. «Our inspection has found gross negligence on accounting practices by individual auditors of Byju's and accordingly we have recommended to the Financial Reporting Review Board (FRRB) to take punitive actions on auditors concerned,» Ranjeet Kumar Agarwal, the president of the Institute of Chartered Accountants of India (ICAI), told PTI here. When asked whether the ICAI will inspect the books of the payments major Paytm group now, he said, «As we have taken a suo moto decision to look into the role of the auditors of Byju's, we are now thinking about looking to the role of the auditors of the payments major Paytm now».

Axis Bank on Wednesday opposed before the Delhi High Court BJP leader Subramanian Swamy's public interest litigation (PIL) seeking a probe into an alleged fraud committed by the bank to make «undue profits» through sale and purchase of shares in Max Life Insurance. Senior counsel for Axis Bank as well as Max Life told a bench headed by Acting Chief Justice Manmohan that the PIL by the former BJP MP was not maintainable as the issue squarely fell in the realm of a commercial transaction between private entities. Senior advocate Mukul Rohatgi, appearing for Axis Bank and its related companies, argued that the PIL does not state the «class» of individuals for whose benefit it has been filed when the aggrieved shareholders, if any, were capable of coming to court. Senior advocate Neeraj Kishan Kaul, who appeared for Max companies, asserted that the transaction, which was a purely commercial arrangement, has been looked into by the sector regulator.

Boeing for more than three decades before blowing the whistle on the aircraft maker’s allegedly questionable safety standards, was found dead in his car in South Carolina.Barnett, 62, was supposed to be in a deposition Saturday to answer questions related to a lawsuit against his former employer when he failed to show up to the meeting. His legal team tried to reach him by phone to no avail, until they contacted the hotel where Barnett was staying.He was found dead in his truck in the hotel parking lot.The Charleston County Coroner’s Office told local media that it appears Barnett died from a self-inflicted wound.

Tejas fighter crashed on Tuesday, the first such incident reported from this fleet in over seven years of its operation. The jet was heading back after a firepower display at the Pokhran ranges that was witnessed by Prime Minister Narendra Modi, when it crashed. The pilot managed to eject to safety and the plane crashed into civilian structures on the ground, but no injuries have been reported. It is learnt that prior to the crash, the pilot indicated an engine failure in a distress message. Videos shot by bystanders showed the pilot ejecting from the fighter jet, which is seen veering towards the ground at slow speed.

Officials are investigating what caused a “strong shake” before a sudden plunge on a plane traveling between Australia and New Zealand

A network operator says power has been restored to electric car manufacturer Tesla’s factory near Berlin after a nearly one-week outage believed to have been caused by arson

Shares of Southwest are plunging as the airline said that it plans to reduce capacity and reevaluate its full-year financial outlook because of fewer expected aircraft deliveries from its supplier, Boeing

Lily Gladstone is all set to play a pivotal role in the upcoming show «Under the Bridge». The show will premier on Hulu, as per a report in Collider. In Hulu's latest series, «Under the Bridge,» Lily Gladstone takes on the role of an investigator delving into the mysterious disappearance of Reena Virk. The show offers a fictionalized account based on real-life events, exploring the complexities surrounding Virk's vanishing.

₹480 crore and arrested its six Pakistani crew members on Tuesday, the Narcotics Control Bureau (NCB) said in a release. Based on specific intelligence, a joint team of the Indian Coast Guard, Narcotics Control Bureau and Gujarat Anti-Terrorist Squad (ATS) conducted an operation under codename “SAGAR-MANTHAN -2" in the Arabian Sea near the International Maritime Boundary Line (IMBL) on March 8.