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MISAPPROPRIATION OF INCENTIVES
Government to roll out VB-G RAM G scheme from July 1; Parliamentary committee briefedGet ready for the VB-G RAM G rural employment program, kicking off on July 1 and taking over from MGNREGA! With backing from 25 states, thi...- GigWA seeks compensation for gig workers on BluSmart platformIn its letter written to the electric ride-hailing company, it has sought immediate compensation equivalent to three months’ income to all ...
- Mobikwik says ex-employee defrauded firm of Rs 1.26 crore, heldPer a stock exchange filing, between August 2023 and September 2024, Gaurav Sharma misappropriated company funds by altering merchant detai...
- 'Leave now...': Trump's big move to crack down on illegal immigrants living in public housingThe Donald Trump administration has announced a big move to crack down on illegal immigrants living in public housing. US Secretaries Scott...
- Govt keeping top EV makers accused of FAME subsidy misappropriation out of the new scheme: ReportEV makers face subsidy dispute. EMPS 2024 offers Rs 10,000 per two-wheeler. TVS Motor and Ather show notable sales growth in FY24, while el...
- Government to issue notices to debar more companies found violating FAME-II norms: Official"We have received reports that some other companies have also violated the FAME-II guidelines. We will be issuing them notices similar to t...
- Unveiling of FAME 3 scheme hinges on unspent scheme funds by FY24 endUnder the FAME II scheme, the centre offered Rs 10,000 crore as incentives to EV makers from 2019 onwards. These benefits were linked to lo...
- India may pull plug on FAME II after next fiscalThe likely shift comes as the ministry of heavy industries, which administers FAME, has launched an investigation into the alleged misappro...
- More EV makers lose subsidy as Centre's probe deepensThe subsidies are part of the ₹10,000-crore programme called FAME 2 ( Faster Adoption and Manufacturing of Electric vehicles in India schem...
- Indian EV maker Avon Cycles denies allegations of misappropriation of incentivesComplaints were made against 12 electric vehicle and parts manufacturers, including Avon Cycles, for violating guidelines under the Rs 1000...
- EV makers not misappropriating subsidies under FAME scheme, says SMEVThe government is probing 12 automakers, including Hero Electric and Okinawa Autotech, for alleged misappropriation of subsidies under the ...
- Government probes possible misappropriation of incentives by electric vehicle makersComplaints were made against 12 electric vehicle and parts manufacturers, including Hero Electric Vehicles Pvt Ltd and Okinawa Autotech Pvt...
- Cybercriminals dupe Sonam Kapoor’s father-in-law of Rs 27 croreThe accused gang misappropriated funds from Harish Ahuja's Faridabad-based export company.
- View: Ignore nominee directors at your own perilThe efforts to strengthen the corporate governance framework through enhancing the effectiveness of Independent Directors are welcome. Thes...
- TRAI asks DBT, if license fee waiver needed to push fixed-line broadband adoptionThe telecom regulator has asked industry stakeholders whether a direct benefit transfer (DBT) scheme or any other form of indirect incentiv...
- Ask finance dept about central grants, not us: Akalis to SidhuAkali leader Cheema took a jibe at Sidhu and said, "It is not his fault, but only an outpour of frustration. He has been dreaming of becomi...
- Review steps taken by cos to address frauds: ICAI to auditorsThe Institute of Chartered Accountants of India (ICAI) has recently issued a revised guidance note on reporting on fraud under Companies Ac...
- The move to ban import of used capital goods is not in the economy's interestIn a supposed bid to boost domestic manufacture of capital goods, the Centre reportedly plans to ban import of used plant and machinery mor...
- WNS warns anti-outsourcing sentiments may hit businessIndian BPO firm WNS Holdings has cautioned that negative public reaction to outsourcing activities in Western nations could adversely affec...
- Tickets to T20: Fund houses are game for freebiesAccording to sources, in the distribution industry, ‘freebie of the season’ was a six-night-all-expenses-paid stay in a plush South African...
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