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Ayushman Bharat Fraud Crackdown: Govt Rejects ₹643 Crore Worth of Bogus Claims

Ayushman Bharat Fraud Crackdown: Govt Rejects ₹643 Crore Worth of Bogus Claims

12 March 2025

The Indian government has taken stringent action against fraudulent health insurance claims under the Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY). As per Union Minister of State for Health, Prataprao Jadhav, authorities have rejected 3.56 lakh fraudulent claims worth ₹643 crore and de-empanelled 1,114 hospitals involved in irregularities. Additionally, 1,504 hospitals have been fined ₹122 …

Indian IT Leaders Confident of Cyber Resilience Despite Firms Facing Failure: Report

Indian IT Leaders Confident of Cyber Resilience Despite Firms Facing Failure: Report

12 March 2025

New Delhi, Mar 12 (PTI) Most IT leaders are confident about their cybersecurity resilience measures, even though a significant number of Indian organisations have experienced cybersecurity failures in the past 12 months, a study has found, showing a disconnect between perception and reality. According to a study by cloud security firm Zscaler, 67 per cent …

HDFC Securities Settles Regulatory Non-Compliance Case with SEBI for ₹65 Lakh

HDFC Securities Settles Regulatory Non-Compliance Case with SEBI for ₹65 Lakh

12 March 2025

Domestic brokerage firm HDFC Securities has settled a case with market regulator SEBI over alleged non-compliance with regulatory norms by paying a settlement amount of ₹65 lakh. The settlement was reached through a regulatory order issued on Tuesday (March 11). Settlement Without Admission of Guilt The order followed an application filed by HDFC Securities with …

India Imposes Anti-Dumping Duties on Chinese, Japanese Water Treatment Chemical

India Imposes Anti-Dumping Duties on Chinese, Japanese Water Treatment Chemical

11 March 2025

To safeguard domestic manufacturers from unfair pricing practices, India has imposed an anti-dumping duty of up to ₹86,116 (US$ 986) per tonne on Trichloro Isocyanuric Acid, a chemical widely used for water treatment.  This duty applies to imports from China and Japan and will remain in effect for 5 years, as per a Ministry of …

Shiv Nadar Transfers 47% Stake in HCL Group to Roshni Nadar Malhotra

Shiv Nadar Transfers 47% Stake in HCL Group to Roshni Nadar Malhotra

11 March 2025

Leadership Transition at HCL Group Shiv Nadar, the founder of HCL Group, has transferred 47% of his stake in HCL Corporation Private Limited and Vama Sundari Investments (Delhi) Private Limited (Vama Delhi) to his daughter, Roshni Nadar Malhotra. This move makes Malhotra the majority shareholder of both entities and reinforces her control over the group. …

EV Two-Wheeler Sales Surge 24% Post-Budget

EV Two-Wheeler Sales Surge 24% Post-Budget

11 March 2025

Fleet Operators Driving Growth Electric two-wheelers have seen increased adoption in the e-commerce and logistics sectors. Fleet operators are transitioning to electric vehicles to lower costs and comply with environmental regulations. The need for low-maintenance, cost-effective transport solutions has led to widespread adoption for last-mile deliveries. The demand has created opportunities for manufacturers offering innovative …

Reliance Jio and Airtel Gain Ground; Vodafone Idea, BSNL Face Subscriber Decline in December

Reliance Jio and Airtel Gain Ground; Vodafone Idea, BSNL Face Subscriber Decline in December

12 March 2025

India’s telecom sector witnessed a shift in December 2024, as Reliance Jio and Bharti Airtel added mobile subscribers, while Vodafone Idea (VIL) and Bharat Sanchar Nigam Ltd. (BSNL) saw a decline, according to data released by the Telecom Regulatory Authority of India (TRAI). Reliance Jio and Airtel Lead Subscriber Growth The overall wireless subscriber base …

No Smoking Day: Check Out How Pharma Companies Are Helping Smokers Kick the Habit

No Smoking Day: Check Out How Pharma Companies Are Helping Smokers Kick the Habit

12 March 2025

No Smoking Day, observed annually on March 12, serves as a pivotal reminder of the severe health risks and financial burden associated with smoking. According to WHO, 1.3 billion people worldwide smoke, with 80% residing in low- and middle-income countries. Smoking remains a major public health threat, killing over 8 million people annually—more than 7 …

Closing Bell: Sensex Flat, Nifty Below 22,500 on March 11, 2025

Closing Bell: Sensex Flat, Nifty Below 22,500 on March 11, 2025

11 March 2025

The BSE Sensex closed at 74,102.32 down 12.85 points (-0.02%), while the Nifty 50 ended at 22,497.90, rising 37.60 points (0.17%) Sectoral Performance The stock market saw mixed movements across different indices today. The NIFTY Midcap 50 rose by 1.03%, closing at 13,849.75, indicating strong interest in mid-sized companies. The NIFTY Realty index surged 3.58% to 828.30, reflecting positive …

Maharashtra Increases Motor Vehicle Tax on CNG and High-End EVs

Maharashtra Increases Motor Vehicle Tax on CNG and High-End EVs

11 March 2025

In its Budget for the financial year 2025-26, the Maharashtra government has introduced key revisions to its motor vehicle tax structure. Presented by Finance Minister Ajit Pawar on 10 March 2025, the budget focuses on enhancing the state’s revenue while aligning with national economic goals. The revised tax policies, particularly affecting CNG vehicles and high-end …

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