Author: Indmedia
M Squared Lasers – the Glasgow technology firm was hailed by Nicola Sturgeon as “a great example of the ambitious and innovative companies we have here in Scotland” when the national investment bank was launched in 2020. It went into administration in 2025 with debts of £64mTrojan Energy – the Aberdeen-based electric vehicle charging firm collapsed into administration with debt of almost £30m last yearKrucial – the Glasgow-based start-up, which specialised in satellite technology, folded last year. Orbex – set up to run a planned satellite launch facility in the north-west Highlands, the company is to be liquidated and its…
A judge in Moscow sentenced the founder of Russia’s largest car dealership and ex-lawmaker Sergei Petrov to nine years in prison in absentia after finding him guilty of using fake documents to smuggle billions of rubles out of the country. Petrov, a billionaire who served in the lower-house State Duma between 2006 and 2016 as a member of the left-leaning A Just Russia party, was accused along with a group of accomplices of using fake documents to transfer around 4 billion rubles ($47 million) to a Cyprus-registered company in 2014. In addition to prison time, a judge fined him 800,000 rubles…
New Delhi: Adani Group-operated Mumbai airport will start demolishing a part of Terminal 1 (T1) from Jan 15, 2027, and has commenced redistribution of air traffic to Terminal 2 (T2) and Navi Mumbai International Airport (NMIA), according to a recent letter.Mumbai International Airport Ltd (MIAL) operates Chatrapati Shivaji Maharaj International Airport in Mumbai, which currently has a capacity of over 50 million and handles over 950 flight movements daily.T1 is nearly 80 years old and some part of it has already been demolished. T1 and T2 have capacities to handle around 15 million passengers and 40 million passengers, respectively.MIAL’s chief…
SUV that rammed several vehicles before hitting the coupleShashi Bhateja and her husband Kulbhushan BhatejaSUV that rammed several vehicles before hitting the coupleSUV that rammed several vehicles before hitting the coupleShashi Bhateja and her husband Kulbhushan BhatejaSUV that rammed several vehicles before hitting the coupleSUV that rammed several vehicles before hitting the couple New Delhi: An elderly woman was killed and her husband injured after an SUV hit several vehicles before ramming the pedestrian couple near Kailash Colony metro station in Greater Kailash-1 at 6.45pm Sunday.The SUV driver, Tapan Ahir (59), was arrested on the spot. Police are examining whether…
Two people died and several others were injured when an unauthorized seven-storey under-construction building collapsed in Anjaiah Nagar, Madhapur, Hyderabad on Saturday. Hyderabad: In the wake of the collapse of a seven-storey under-construction building in Gachibowli’s Anjayya Nagar, Cyberabad Municipal Corporation (CMC) has intensified its enforcement drive against unauthorised under-construction buildings, identifying 38 structures for action on Monday.Following directions from CMC commissioner G Srijana, town planning and enforcement teams conducted field inspections and acted against buildings falling under specified categories. Of the 38 structures identified, 28 were served unauthorised construction notices, one building was seized and nine buildings were demolished,…
Chennai: Tamil Nadu govt will provide sports jerseys to 23 lakh students studying in govt and govt-aided schools from Class IX to XII, school education minister Rajmohan announced in the assembly on Monday.During the debate on demand for grants for school education, he announced that there will be one period allotted to sports, arts and co-curricular activities.Rajmohan also said that the state govt will develop 50 govt high and higher secondary schools as sports plus schools for nurturing young sporting talent.He also announced the launch of dental, eye and ear health check-ups for govt school students in partnership with hospitals.…
Ahmedabad: In a first-of-its-kind drive, the state GST department is using Udyam MSME data to identify firms that could be liable for GST registration. Businesses whose MSME records point to turnover above the registration threshold are being issued notices to submit extensive financial documents, including income tax returns, invoices, bank statements and turnover details.The notices have triggered anxiety among small firms that claim their actual turnover is below the applicable limit or that they deal mainly in exempt or non-taxable activities.A senior state GST official said the department has started leveraging Udyam data to identify entities that may have crossed…
Prayagraj: The water levels of twin rivers – Ganga and Yamuna – on Monday continued to recede on second consecutive day, bringing respite to the residents in low-lying flood-prone areas, though district authorities maintained a close watch.Both the rivers started receding in city, flowing three to four meters below the danger mark. The Yamuna at Naini and the Ganga at Phaphamau are dropping steadily as per the chart issued by the flood control department by Monday.Although the rivers are further receding at a slower pace but it brought major relief for residents of more than a dozen low lying areas.…
Bhubaneswar: The state govt has approved a standard operating procedure (SOP) for the implementation of an auto-appeal system to ensure time-bound delivery of public service and fix accountability for delays under the Odisha Rights to Public Service Act, 2012.The general administration and public grievance department issued the SOP through an office order, directing all the departments to communicate the guidelines to concerned officers and staff for immediate implementation.Under the system, an application for a notified public service will be automatically flagged if it remains pending beyond the prescribed service delivery period. The application will be marked “pending beyond timeline” and…
Gurgaon recorded 75mm of rain between 8am and 5pm, while Badshapur and Wazirabad recorded 65mm and 64mm, respectively Gurgaon: Chaos descended upon the city yet again on Monday after an intense spell of rain left key stretches waterlogged, throwing traffic out of gear as commuters battled hours-long gridlocks across major corridors.The disruption was most visible at Subhash Chowk and Udyog Vihar, where water accumulated rapidly as the rain intensified. At Subhash Chowk, several school buses were stranded in deep water while commuters were forced to wade through flooded stretches. In Udyog Vihar, roads were inundated and visibility dropped sharply around…