Kerala government uncovers widespread fraud linked to social security pension scheme, affluent people exposed among beneficiariesAn audit in Kerala has exposed fraudulent social security pension claims by government employees and wealthy individuals. About 1,500 ineli...
30 Nov, 2024, 10.00 AM IST
Singapore money laundering case embroils its banking giantsThe wide roster of banks join property agents, precious metals dealers and golf clubs in the city that have been drawn into this scandal. T...
30 Aug, 2023, 11.43 PM IST
Ex-Audi chief Rupert Stadler pleads guilty in automaker's diesel emissions scandalStadler entered the plea under an agreement with the judge and prosecutors that provides probation instead of jail time and orders him to p...
16 May, 2023, 06.56 PM IST
Nissan to invest $18 billion on electric vehicles, battery developmentNissan Motor Co. is aiming for a 50% "electrification" of the company's model lineup, under what Uchida called the "Nissan Ambition 2030" l...
29 Nov, 2021, 09.32 AM IST
Former Volkswagen CEO Martin Winterkorn to pay firm $13 million over diesel scandalWinterkorn's payment is his share of an overall 288 million-euro settlement with Volkswagen by him and three other former managers. Volkswa...
09 Jun, 2021, 08.25 PM IST
Turning corona corner, Volkswagen's profit falls less than fearedThe group said full-year operating profit, excluding costs related to its diesel emissions scandal, came in at 10 billion euros ($12.2 bill...
22 Jan, 2021, 07.00 PM IST
Volkswagen settles Australia emissions cheating scandalIt was revealed in 2015 that more than 97,000 VW vehicles in Australia were fitted with technology that was designed to cheat emissions tes...
16 Sep, 2019, 10.05 AM IST
India-born Balbir Singh Dhillon to head Audi IndiaBalbir Singh Dhillon will take charge in September as Audi chief Rahil Ansari heads to the company's headquarters in Germany.
12 Jul, 2019, 11.31 AM IST
Scandal-hit Volkswagen to change diesel emissions technologyVolkswagen's flagship brand plans to change its diesel technology in Europe and North America as well as develop new hybrid and electric ve...
13 Oct, 2015, 08.36 PM IST
Volkswagen brand to cut investment, change diesel technologyVW brand head Herbert Diess made the announcement as the company struggles to overcome a scandal over cars equipped with software that let ...
13 Oct, 2015, 03.37 PM IST
Mercedes beats BMW, Audi again in September as China sales riseMercedes-Benz was the world’s best-selling luxury car brand for the third consecutive month in September, surpassing BMW and Audi.
12 Oct, 2015, 03.44 PM IST
Ferrari said to push for $12.4 billion valuation in IPOFerrari’s coveted status as a maker of cars for the super rich is helping push up its value in an initial public offering to as much as 11 ...
09 Oct, 2015, 03.50 PM IST
Ferrari said to push for $12.4 billion valuation in IPOFerrari's coveted status as a maker of cars for the super rich is helping push up its value in an initial public offering to as much as 11 ...
08 Oct, 2015, 11.54 PM IST
Indicted ex-FIFA official posted $10 million bond with 10 properties, 3 cars, wife's wedding ringFormer FIFA vice president Jeffrey Webb was forced to hand over "a treasure chest full of items" in order to post his $10 million bond.
23 Jul, 2015, 01.11 PM IST
Chinese billionaires' brats undergo behavioural trainingMore than 70 children of Chinese billionaires attended behavioural training classes after the President called for a 'positive image' of th...
16 Jun, 2015, 05.20 PM IST
Thinking clearly about governanceThe mega corruption scandals - Commonwealth Games, 2G spectrum, Adarsh society and foodgrain - have dominated the headlines in India in rec...
26 Jan, 2011, 02.52 AM IST
- BMW says to axe 850 Mini jobs in UK
German automaker BMW said on Monday that it would shed 850 workers at its plant in Cowley, England, where it makes the Mini, as the global ...
16 Feb, 2009, 03.38 PM IST