Business
Adani Group Reacts To Allegations Against Mahua Moitra; Reiterates Groups Working To Harm Company

Adani Group in a statement on Monday in a statement talking about a complaint against Trinamool Congress MP Mahua Moitra resinstates that there are some groups and individuals working against the company to tarnish its reputation.
The statement comes after Supreme Court lawyer Jai Anant Dehadrai filed a complaint with the CBI in the form of a sworn affidavit on Sunday against MP Mahua Moitra and Darshan Hiranandani, CEO of Hiranandani group for targeting Adani Group through parliamentary questions.
The complaint by Jain Anant Dehadrai further states that Moitra received bribes and undue favours from Hiranandani.
The company in its official statement reiterated that there are groups working against the company. The company said,”This development corroborates our statement of 9 October, 2023 that some groups and individuals have been working overtime to harm our name, goodwill and market standing. In this particular case, the lawyers complaint reveals that this arrangement to besmirch the reputation and interests of the Adani Group and our Chairman Mr. Gautam Adani has been in place since 2018.”
Nishikant Dubey Demands an inquiry
Post the complaint Bharatiya Janata Party (BJP) MP Nishikant Dubey wrote a letter to Union IT Minister Ashwini Vaishnaw and Union Minister of State (MoS) IT Rajeev Chandra Shekhar making “cash for query” allegations against Trinamool Congress MP Mahua Moitra and demanding an inquiry committee against her.
This comes a day after Dubey wrote a letter to the Lok Sabha Speaker over the same matter, demanding the formation of an enquiry committee against the TMC MP. He has also sought Moitra’s suspension from the House.
Hiranandani denies allegations
However, Hiranandani group has denied the allegation. A spokesperson from the Hiranandani Group said, “We have always been in the business of business and not in the business of politics. Our group has always worked with the government in the interest of the nation and will continue doing so.
Business
2025 Vespa 125 Launched in India – Prices Start at Rs 1.32 Lakh

Vespa has unveiled its updated 2025 scooter lineup in India, introducing the new Vespa 125 with prices starting at Rs 1.32 lakh (ex-showroom). The 125cc range consists of four variants, with the top-spec ‘S Tech’ version priced at Rs 1.96 lakh. While the company has announced pricing for the 125cc models, details for the 150cc versions are expected at a later date.
The latest lineup brings subtle design refinements while maintaining Vespa’s signature retro styling. The scooters now come in fresh colour options, including both single and dual-tone shades. The base Vespa 125 retains its classic appeal with an oval headlamp and smooth, flowing bodywork, while the Vespa S features a more dynamic look with a trapezoidal headlamp. Despite the visual updates, Vespa continues to use its durable monocoque metal body, ensuring longevity and a premium feel.
The Vespa S 125 has been launched in India at Rs 1.36 lakh (ex-showroom), making it Rs 4,000 costlier than the standard model. This premium variant enhances the riding experience with a more stylish appeal and a wider range of colour options. Buyers can choose from eight distinct shades, including Pearl White, Matte Verde Ambizioso, Oro, Matte Nero Black, Red & Pearl White, Matte Giallo Yellow, Arancio Impulsivo, and Black & Pearl White.
Among these, the ‘Oro’ shade stands out with its elegant gold finish, reflecting India’s cultural affinity for gold. Meanwhile, the standard Vespa 125 is available in seven colour choices, such as Rosso Red, Pearl White, Nero Black, and Azzurro Provenza, giving buyers plenty of options to match their style.
Vespa has refined its 125cc and 150cc engine lineup, bringing subtle yet meaningful improvements in performance. The updated 125cc engine now delivers 9.3bhp at 7,100rpm and 10.1Nm of torque at 5,600rpm, while the 150cc variant produces 11.4bhp at 7,500rpm and 11.66Nm at 6,100rpm. These upgrades result in a slight increase in power and torque over the previous models, enhancing the riding experience.
In addition to mechanical updates, Vespa has introduced two new premium variants—the Vespa Tech and Vespa S Tech. These models feature updated styling and come equipped with modern features such as a 5-inch TFT display, Bluetooth connectivity, navigation, and keyless ignition. The Vespa Tech, priced at Rs 1.92 lakh (ex-showroom, Maharashtra), is available in three distinct colours: Energico Blue, Grigio Grey, and the India-exclusive Qala, which incorporates Mehendi-inspired graphics on the body and seat. Meanwhile, the Vespa S Tech, offered in Nero Black (Matte) and Pearl White, sits at the top of the range with a price tag of Rs 1.96 lakh.
Business
India ready to share its experience, expertise with world to ensure AI future for all: PM Modi

Paris, Feb 11: India is developing AI applications for the public good and has one of the world’s largest AI talent pools, Prime Minister Narendra Modi said here on Tuesday, adding that the country is ready to share its experience and expertise to ensure that the “AI future is for Good, and for All”.
Addressing the ‘AI Action Summit’ here, PM Modi said India is also building its own large language model (LLM), considering its diversity.
“We also have a unique public-private partnership model for pooling resources like computing power. It is made available to our start-ups and researchers at an affordable cost,” informed the Prime Minister.
PM Modi further stated while the positive potential of AI is absolutely amazing, there are many biases that we need to think carefully about.
“We must build quality data sets, free from biases. We must democratise technology and create people-centric applications. We must address concerns related to cyber security, disinformation, and deepfakes. And, we must also ensure that technology is rooted in local ecosystems for it to be effective and useful,” PM Modi emphasised.
AI is developing at an unprecedented scale and speed and being adopted and deployed even faster. There is also a deep inter-dependence across borders.
“Therefore, there is a need for collective global efforts to establish governance and standards, that uphold our shared values, address risks, and build trust,” said the Prime Minister.
The country last month announced to launch its safe and secure indigenous AI model within six months at an affordable cost. Aligning with India’s broader vision to become a global artificial intelligence (AI) hub, Finance Minister Nirmala Sitharaman, in her Union Budget speech, announced the creation of three Centres of Excellence (CoEs) in AI for education.
According to PM Modi, governance is not just about managing risks and rivalries.
“Governance is also about ensuring access to all, especially in the Global South. It is where the capacities are most lacking – be it compute power, talent, data, or the financial resources,” he mentioned.
“AI can help transform millions of lives by improving health, education, agriculture and so much more. It can help create a world in which the journey to Sustainable Development Goals becomes easier and faster,” the Prime Minister added.
To do this, the world must develop open-source systems that enhance trust and transparency.
On the debate of job losses due to AI, the Prime Minister said history has shown that work does not disappear due to technology.
“Its nature changes and new types of jobs are created. We need to invest in skilling and re-skilling our people for an AI-driven future,” he noted.
India has successfully built a Digital Public Infrastructure (DPI) for over 1.4 billion people at a very low cost. It is built around an open and accessible network. It has regulations, and a wide range of applications to modernize our economy, reform governance and transform the lives of our people.
“We have unlocked the power of data through our Data Empowerment and Protection Architecture. And, we have made digital commerce democratic and accessible to all. This vision is the foundation of India’s National AI Mission,” said PM Modi.
Today, India leads in AI adoption and techno-legal solutions on data privacy.
“We are at the dawn of the AI age that will shape the course of humanity. Some people worry about machines becoming superior in intelligence to humans. But, no one holds the key to our collective future and shared destiny other than us humans,” the Prime Minister told the gathering.
Business
Stock market crashes over 1 pc as investors jittery over US tariff moves

Mumbai, Feb 11: The Indian stock market on Tuesday continued its downward trend with both Sensex and Nifty ending the day in the red, as investors reacted negatively to the latest tariff measures by US President Donald Trump.
At the closing bell, the Sensex dropped by 1,018.20 points, or 1.32 per cent to close at 76,293.60. During the trading session, the index fluctuated between 77,387.28 at the day’s high and 76,030.59 at the low.
Similarly, the Nifty ended the session down by 309.80 points, or 1.32 per cent to settle at 23,071.80. The index touched a high of 23,390.05 but slipped to 22,986.65 at its lowest point of the day.
As the sell-off in the markets was widespread, 44 out of the 50 Nifty stocks closed the session in the red.
Leading the losses were Eicher Motors, Apollo Hospitals, Shriram Finance, Coal India and Bharat Electronics, which saw declines of up to 6.70 per cent.
On the other hand, only six stocks — Adani Enterprises, Trent, Grasim, Bharti Airtel, and Hindalco — managed to stay in positive territory, with gains of up to 0.76 per cent.
The selling pressure was not limited to large-cap stocks. Broader markets were hit even harder, with the Nifty Smallcap100 falling 3.45 per cent and the Nifty Midcap100 dropping 3.02 per cent.
Market experts believe that the uncertainty around US trade policies and the impact of tariffs on global trade have led to weak investor sentiment.
All sectoral indices on the NSE closed in negative territory amid the broad-based selling pressure in the market.
The Nifty PSU Bank, Auto, Healthcare, Realty, and Media indices saw the steepest declines, with losses extending up to 3.28 per cent.
Meanwhile, sectors like IT, FMCG, and consumer durables also struggled to end the session down by over 1 per cent each.
Meanwhile, the Indian Steel Association (ISA) has expressed deep concern over the US decision to impose tariffs on steel imports, urging the Indian government to push for the removal of long-standing anti-dumping and countervailing duties and to secure exemptions from these restrictive measures.
The latest tariff is expected to slash steel exports to the US by 85 per cent. These tariffs could lead to a massive steel surplus that will likely flood the Indian market, ISA warned.
-
Crime3 years ago
Class 10 student jumps to death in Jaipur
-
Maharashtra4 months ago
Mumbai Local Train Update: Central Railway’s New Timetable Comes Into Effect; Check Full List Of Revised Timings & Stations
-
Maharashtra4 months ago
Mumbai To Go Toll-Free Tonight! Maharashtra Govt Announces Complete Toll Waiver For Light Motor Vehicles At All 5 Entry Points Of City
-
Maharashtra5 months ago
False photo of Imtiaz Jaleel’s rally, exposing the fooling conspiracy
-
National News4 months ago
Ministry of Railways rolls out Special Drive 4.0 with focus on digitisation, cleanliness, inclusiveness and grievance redressal
-
Crime4 months ago
Baba Siddique Murder: Mumbai Police Unable To Get Lawrence Bishnoi Custody Due To Home Ministry Order, Says Report
-
Maharashtra3 months ago
Maharashtra Elections 2024: Mumbai Metro & BEST Services Extended Till Midnight On Voting Day
-
National News5 months ago
J&K: 4 Jawans Killed, 28 Injured After Bus Carrying BSF Personnel For Poll Duty Falls Into Gorge In Budgam; Terrifying Visuals Surface