Image Credit: Sourav Mishra
Business

ED Attaches ₹1,452 Crore Assets Linked to Anil Ambani

By BPN News Desk
The Enforcement Directorate (ED) has attached properties valued at ₹1,452 crore linked to industrialist Anil Ambani in a loan-fraud and money-laundering probe. These properties span key locations including Navi Mumbai, Chennai, Pune and Bhubaneswar. With this action, the total value of assets attached in connection with the group now exceeds ₹9,000 crore. Background of the
Business

L&T Wins Contract for New Army All-Terrain Vehicle

By BPN News Desk
Larsen & Toubro (L&T) has secured a significant contract to manufacture the Indian Army’s new specialised all-terrain armoured vehicle, the BvS10 Sindhu. The project will be executed at L&T’s Hazira facility in Gujarat, with BAE Systems providing technology support as the original developer of the platform. The deal was confirmed through a regulatory filing on
Image Credit: Sourav Mishra
Business

Supreme Court Seeks Replies on RCOM Group Probe

By BPN News Desk
The Supreme Court of India issued notices to the Union government, the Central Bureau of Investigation (CBI), the Enforcement Directorate (ED) and businessman Anil Ambani in response to a public interest litigation (PIL) that seeks a court-monitored investigation into alleged banking fraud involving Reliance Communications (RCOM) and its group companies. The bench, led by
Image by Steve Jurvetson
Business

Jeff Bezos Returns As CEO Of AI Startup

By BPN News Desk
Amazon founder Jeff Bezos has returned to an active executive position by becoming co-CEO of an artificial intelligence startup named Project Prometheus. This marks his first formal leadership role since stepping down as Amazon CEO in 2021. The move signals a renewed focus on cutting-edge technology and strategic innovation. Startup Goals And Funding Project Prometheus

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