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Category: business

Hans Sy feted as MAP 2025 ‘Management Person of the Year’

MANILA, Philippines – Business tycoon Hans Sy won the prestigious Management Association of the Philippines (MAP) 2025 “Management Person of the Year” award for his contributions to environmental stewardship, social inclusion and economic growth. Sy, chair of China Banking Corp. and SM Prime Holdings Inc.’s executive committee, is the 49th recipient of the award overall,

Popular PS4 Shooter Is Only $4.99 on the PS Store

The PlayStation Store continues to bring some of the best PS4 and PS5 video game deals to the platforms’ digital storefronts. That includes a very solid offer on a popular first-person shooter from one of the most beloved pop culture franchises of all time. Star Wars Battlefront 2 is $4. 99 on the PS Store Developed [.] The post Popular PS4 Shooter Is Only $4. 99 on the PS Store appeared first on PlayStation LifeStyle.

PM Modi Inaugurates ₹19,646 Crore Navi Mumbai International Airport; Fadnavis Says Project Will Boost Maharashtra’s GDP By 1%

Calling NMIA Asia’s biggest connectivity hub, PM Modi said the airport marks the beginning of a new era for Maharashtra and the country’s aviation sector. Chief Minister Devendra Fadnavis claimed that the project would increase the state’s GDP by 1%.

Bombay HC blocks Shilpa Shetty and Raj Kundra’s international travel amid Rs 60 crores fraud case

In a significant development in the ongoing Rs 60 crores fraud case involving Bollywood actress Shilpa Shetty and her husband, businessman Raj Kundra, the Bombay High Court has raised serious questions about their request to travel abroad. The couple had approached the court seeking permission to travel to Colombo and other destinations for a business trip. However, the court, led by Chief Justice Shree Chandrashekhar and Justice Gautam Ankhad, expressed scepticism over the nature of the trip. Their counsel, Niranjan Mundargi, was directed to submit an affidavit detailing the purpose of the trip, including formal communications and evidence supporting the claim that it was indeed for business purposes. The court granted time until October 14 for the submission of these details. During the proceedings, when Mundargi reiterated that the trip was for business, Chief Justice Shree Chandrashekhar remarked with a smile, You can first deposit Rs 60 crores if you wish to travel abroad. This comment underscores the court’s serious approach to the case and its scrutiny of the couple’s actions. The Economic Offences Wing (EOW) of the Mumbai Police is investigating the case, which alleges that Shetty and Kundra diverted investment funds for personal use. In light of the ongoing investigation, the court has not issued any immediate orders regarding the Look Out Circular (LOC) issued against them. The matter is scheduled for further hearing on October 14. This development adds to the mounting legal challenges faced by the couple, who are under intense scrutiny over their financial dealings. As the investigation progresses, the court’s forthcoming decisions will be crucial in determining the future course of action. In a related matter, the Economic Offences Wing (EOW) of the Mumbai Police is investigating a case involving businessman Deepak Kothari. Kothari has accused Shetty and Kundra of diverting Rs. 60 crores of his investment for personal use. The EOW has found that Kotharis funds were misused and has filed a case against Shetty, Kundra, and an unidentified associate under sections 403 (dishonest misappropriation of property), 406 (criminal breach of trust), and 34 (common intention) of the Indian Penal Code. Also Read : Shilpa Shetty questioned for 4. 5 hours by Mumbai Police in Rs 60 crores fraud case: Reports.

‘Deposit ₹60 crore’: Bombay High Court tells Shilpa Shetty, Raj Kundra amid plea seeking permission to travel abroad

The Bombay Hig Court’s order comes after officials of EoW (Economic Offences Wing) questioned Shilpa Shetty for about four and a half hours in connection with the 60 crore fraud case.

WTO says AI-related buying binge, spike in US imports spur unexpected rise in goods trade

GENEVA (AP) — The World Trade Organization is sharply raising its forecast for trade growth in goods this year after an unexpectedly strong first half due to rising AI-related purchases, front-loaded imports in the U.S. over tariff fears and robust developing-world trade. The Geneva-based trade body said Tuesday its economists are increasing their prediction of

Tata Group Crisis Brewing? Top Guns Meet Amit Shah As Tensions Rise Over Governance & Board Appointments

Tensions are brewing within the Tata empire over governance and board appointments, particularly between Tata Sons and sections of Tata Trust. Key leaders, including Noel Tata and N. Chandrasekaran, met Union Home Minister Amit Shah, with Finance Minister Nirmala Sitharaman present, as the government steps in to maintain stability in the $180B conglomerate.