Scheme

A New York federal jury found a former 21st Century Fox executive guilty of bribing FIFA officials for the broadcasting rights to lucrative soccer matches, but acquitted his former subordinate on the same charges.  Hernan Lopez, the former head of subsidiary Fox International Channels, was convicted of conspiring to commit wire fraud and launder money, in a scheme to make tens of millions of dollars in illicit payments and kickbacks between 2000 and 2015 to South American soccer officials in…

The Indian government is considering pulling the plug on its Rs 10,000-crore Faster Adoption and Manufacturing of Electric Vehicles (EV) in India or FAME-II scheme after the next financial year, ET reported on March 7.The subsidies, which were seen as a significant boost for the burgeoning EV sector, hit a roadblock when allegations of misusing the sops by providing misleading information and wrongfully declaring imported components as locally sourced sprang up last year.Why is the government mulling scrapping the subsidy…

Published By: Nibandh VinodLast Updated: March 07, 2023, 08:52 ISTIndian Railways Update: Passengers need to check the availability of seats on their desired train during the booking process. (Representative image: Shutterstock) Indian Railways Update: VIKALP, also known as the Alternate Train Accommodation (ATAS), aims to provide a more convenient travel experience to passengers on Indian RailwaysINDIAN RAILWAYS UPDATE: Every year, during any festivity, people’s zeal for travelling goes through the roof. There’s traffic…

Founders and senior executives of new-age stock investing platforms such as IndMoney, Vested Finance, and Stockal met officials in the finance ministry on Monday to discuss the possible implications of a proposed 20% levy on foreign remittances under the Liberalised Remittance Scheme (LRS) for retail investors investing in US equity instruments, two people aware of the discussions told ET. The stakeholders explained the impact of the levy on retail investors, the sources said. Finance minister Nirmala Sitharaman proposed…

The CH4 website as it appeared in 2019, via the Wayback Machine.Screenshot: GizmodoStop me if you’ve heard this one before: A guy embezzled nearly $9 million by convincing investors he was turning cow poop into green energy—and then not building any of the machines at all.On Monday, 66-year-old Raymond Brewer of Porterville, California pled guilty to charges that he’d defrauded investors. Court records show that Brewer stole$8,750,000 from investors between 2014 and 2019 with promises to build anaerobic digesters, or…

The European Commission has launched a new €7.5 million grant scheme to help Ukrainian SMEs integrate and benefit from the single market. The so-called ReadyForEU scheme comprises two calls for proposals directed to Ukraine-based businesses and entrepreneurs: the Business Bridge and the Erasmus for Young Entrepreneurs — Ukraine. The calls follow the country’s recent entrance into the singlemarket programme, which is also providing the funding. “ We’re offering…

Researchers in Japan have demonstrated reactions, for the first time in a fusion reactor, with a type of fuel that is plentiful and doesn’t produce damaging particles. Although the reactions were nowhere close to achieving net energy and required even higher temperatures than standard fusion fuel, the result is a proof of principle for private fusion startup TAE Technologies, which argues that its path to a practical power plant faces fewer engineering roadblocks…

Last Updated: February 20, 2023, 12:22 ISTDuring ticket booking, you can select the alternative IRCTC scheme to resolve these issues.Vikalp scheme is also known as Alternate Train Accommodation Scheme (ATAS) and was launched in 2015.Less than a month is left for Holi, and it’s a bit difficult for everyone to get confirmed train tickets. It happens not only during Holi but also when big festivals such as Dussehra and Diwali approach every year. If you are unable to get a confirmed train ticket to go home this Holi, take a…

Last Updated: February 06, 2023, 12:00 ISTUDAN stands for Ude Desh Ka Aam Nagrik (Photo: AAI)The government had launched RCS-UDAN (Ude Desh ka Aam Nagrik) in October, 2016 to enhance regional air connectivityWhile the last couple of months have witnessed consistent growth in the aviation traffic in the country, the budget announcement to revive 50 aircraft landing sites comprising airports, heliports and water aerodromes is likely to give more wings to the governments ambitious aviation scheme, Regional Connectivity…

Last Updated: February 10, 2023, 13:42 ISTUDAN stands for Ude Desh Ka Aam Nagrik (Photo: AAI)They said that RCS UDAN helicopter services in Assam will boost air connectivity within the state by offering the fastest mode of travelPawan Hans has started its helicopter services on six routes in Assam.These new helicopter services, launched under the RCS UDAN scheme, will provide connectivity on the Dibrugarh-Jorhat-Tezpur-Guwahati-Tezpur-Jorhat-Dibrugarh network.Officials said that the RCS UDAN of the Ministry of Civil…