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The accused allegedly defrauded the e-commerce platform by creating fake buyer accounts and manipulating product returns. Investigators revealed that the scam involved placing an average of 2,000–2,500 fake orders daily from January to July 2024.
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The 400 services firms surveyed for the index noted a further rise in export orders, with growth coming from Asia, Australia, Europe, Latin America, the Middle East and the US
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Jupiter Wagon is looking to diversify from its core wagon manufacturing business and increase revenue from other verticals. The company also expects to launch its first one-tonne electric light commercial vehicle by July this year.
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The firm said its arm KPIG Energia got a new order of 3 megawatt for executing solar power projects under the captive power producer segment
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The ministry will in July-September float tenders for the procurement of the 60,000 freight wagons, which may include a tender to procure 10,000 aluminum wagons as well.
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Rail Vikas Nigam's stock price has surged by 345 percent in the last three years, while it has risen by 119 percent in the past year.
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Ousted prime minister Imran Khan has been pushing for assembly elections in Punjab and Khyber Pakhtunkhwa provinces as part of a campaign to force an early general election that he has waged since being forced from office a year ago after losing a vote of confidence.
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A Russian court on Wednesday ordered Google to reinstate the blocked YouTube channel
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Grey market premium of the Kaynes Technology trading massive 40 percent higher or at Rs 235 a share. The IPO has set an issue price at Rs 587 a share
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The company said it has delivered 200 units of the EV6, which comes as a completely built unit (CBU), to customers till date. This number is already twice the initially planned 100 units for the entire year, the South Korean automaker said in a statement.
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The increased order inflow for wagon makers coupled with moderate competitive intensity in the sector is expected to boost the credit profile of these manufacturers, the rating agency said.
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Sales at Cummins jumped 42 percent while ABB registered a revenue growth of 44 percent in the June quarter
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One of India’s largest private sector wagon makers, Titagarh Wagons expects to win contracts to supply around 20,000 units to Indian Railways over the next three years
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A weakened Suzlon is ceding ground to competition. Inox Wind has a larger order book. Siemens Gamesa is seeing an uptick in orders, but Suzlon is weighed down by financial constraints
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An analysis of the order announcements by industrial firms and contract awarding agencies by Investec Capital Services shows healthy ordering activity in the June quarter
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Trident and Indo Count have firm orders for six months. Both saw strong growth in March 2021 quarter and expect the momentum to continue in FY22
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Companies such as Dilip Buildcon and KNR Constructions see sizeable order inflows while capital goods companies expect a more gradual recovery
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Homebuyers have asked the ministry to convene regular interactions between state governments, regulatory authorities and central advisory council members for “timely, effective and coordinated implementation of RERA”
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SPML Infra has won multiple orders totalling Rs 250 crore for power and T&D and the margins are likely to be 14-15 percent. The company has bid for projects worth Rs 8,000-9,000 crore in wastewater management across Maharashtra, Gujarat and Delhi
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Power Mech Projects has bagged orders worth Rs 475.86 crore, including works for 800 MW North Chennai thermal power station Stage-III for Rs 246.51 crore.
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The company has received several new order of approximately Rs 800 crore for power substation, rooftop solar power plant, water & wastewater treatment, and municipal waste management project from different states in India.
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The company has bagged shipyard modernisation project worth Rs 454 crore in Goa, Rs 446 crore flyover project in Maharashtra and commercial project in Hyderabad worth Rs 282 crore.
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The company has received orders / letter of intent worth Rs 43.15 crore till date, which includes order for instrument and utility gas package (IUG) for offshore platform of ONGC of Rs 16.99 crore.
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The company has received orders of over Rs 100 crore, which includes Rs 70 crore for Bhopal smart city lighting project and Rs 33 crore for energy meters from Southern Power Distribution.
