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Companies Reliance Industries Ltd FollowGREATER NOIDA, India, Oct 4 (Reuters) - Indian oil refining giant Reliance Industries showcased its swappable and multipurpose battery storage technology for electric vehicles (EVs) on Wednesday, as it makes a big push on clean energy. Reliance, led by billionaire Mukesh Ambani, displayed removable and swappable batteries for EVs that can also be used to power household appliances through an inverter at a renewable energy exhibition. The batteries can be swapped at Reliance's battery swap stations or re-charged by households using rooftop solar panels, which also it plans to sell, the executives added. Development of battery storage solutions is a part of Reliance's bigger $10 billion green push towards clean energy projects. The factory will be set up by 2026 and will make batteries and containerised energy storage solutions.

Persons: Mukesh Ambani, Arpan Chaturvedi, Aditi Shah, Dhwani Pandya, Kim Coghill Organizations: Reliance Industries, Reliance, Electric, Thomson Locations: NOIDA, India

The case concerns a former senior IT manager who raised concerns about how a data loss had been handled. A hearing for Barclays' appeal to the Bombay High Court is listed for Oct. 20, court records show. They declined to comment on the specifics of the Indian case. Gupta has also appealed to the Bombay High Court, court records show, arguing the pay-out awarded was too low, the source familiar with the appeals said. Last year, Gupta also filed a secondary civil case against Barclays, another court filing shows.

Persons: Atul Gupta, Jes Staley, Francesca West, Gupta, Arpan Chaturvedi, Sinead Cruise, Alexander Smith Organizations: Barclays, Reuters, Financial, Authority, FCA, Global Service Centre Private Limited, Bombay High Court, Thomson Locations: Indian, Pune, Bombay

NEW DELHI, Sept 26 (Reuters) - India's tax department has demanded around $150 million from Tiger Global-backed gaming company Dream11 for underpaying taxes during 2017-2019, which the company disputes, and officials are investigating its payments for four more years, legal documents show. Dream11 and Indian tax authorities are in a dispute over what tax rates should be paid by such gaming platforms, which have become hugely popular for fantasy cricket games they offer. Dream11 declined to comment and India's tax authorities did not respond to a request for comment. Dream11 has filed a lawsuit in the High Court in Mumbai challenging the notices, court papers showed. Indian tax inspectors are "alleging that the service" provided by Dream11 "is that of betting/gambling/wagering", court papers stated.

Persons: Dream11, Aditya Kalra, Susan Fenton Organizations: Tiger Global, Reuters, Thomson Locations: DELHI, Mumbai

Listen and follow The DailyApple Podcasts | Spotify | Amazon MusicCalifornia is poised to become the first state to outlaw discrimination based on a person’s caste. The system of social stratification, which dates back thousands of years, has been outlawed in India and Nepal for decades. Amy Qin, a correspondent who covers Asian American communities for The Times, explains why so many believe that a prejudice that originated on the other side of the globe now requires legal protection in the U.S. — and why so many are equally convinced that it would be a bad idea.

Persons: Amy Qin Organizations: Spotify, Amazon Music, The Times Locations: Amazon Music California, India, Nepal, U.S

India mandates a notice period of 6-12 months for pilots which some pilot organisations are challenging in court. Akasa argues its contractual obligations with pilots remain in force, and is suing the regulator for not intervening in the public interest. The DGCA "does not have any power or delegated authority to interfere in any employment contract," it said. Akasa has accused the DGCA of being "unwilling to take any action" which resulted in "significant financial and operational hardship" to the airline. The 6,000 member Federation of Indian Pilots have also responded to Akasa's plea, saying flight cancellation numbers were "unsubstantiated" and that the DGCA can not interfere in the dispute.

Persons: Akasa, Arpan Chaturvedi, Aditya Kalra, Mike Harrison Organizations: Akasa Air, Civil Aviation, Court, Reuters, of Indian Pilots, Thomson Locations: DELHI, India, Delhi

Listen and follow The DailyApple Podcasts | Spotify | Amazon MusicWarning: This episode contains descriptions of violence. The relationship between two democratic allies fell to its lowest point in history this week, after Canada accused India of assassinating a Sikh community leader in British Columbia in June. Mujib Mashal, The Times’s South Asia bureau chief, explains this stunning accusation — and what India’s reaction to it tells us about the era of its leader, Narendra Modi.

Persons: Mujib Mashal, Narendra Modi Organizations: Spotify Locations: Canada, India, British Columbia, Asia

☆ Dubai Aerospace flags corrosion in plane leased to India's bankrupt Go First
▼ + stars: | 2023-09-14 | by ( Arpan Chaturvedi | ) www.reuters.com time to read: +2 min

REUTERS/Adnan Abidi/File Photo Acquire Licensing RightsNEW DELHI, Sept 14 (Reuters) - Dubai Aerospace Enterprise (DAE) Capital has told an Indian court it detected corrosion of some parts and "a greenish deposit" on a plane leased to bankrupt airline Go First, after another lessor complained about "robbed" parts. The lessors currently are only allowed an occasional inspection of the grounded Go First planes, which DAE and others claim are not being properly maintained. DAE court documents show it was worried about a lack of covers on cabin and cockpit seats "which would eventually lead to fungus formation", according to an internal e-mail contained in the filing. Indian media outlet Mint reported on Thursday that another lessor, BOC Aviation, also told the Delhi court about algae formation as the planes were not covered. Go First lessor SMBC Aviation Capital Aviation in May told an Indian court that Indian bankruptcy law, which blocks plane repossession, will jolt the market and spark a confidence crisis.

Persons: Adnan Abidi, DAE, Arpan Chaturvedi, Aditya Kalra Organizations: REUTERS, Dubai Aerospace Enterprise, Go, ACG Aircraft Leasing, BOC Aviation, SMBC Aviation Capital Aviation, Thomson Locations: New Delhi, India, DELHI, Delhi

[1/2] 'X' logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, U.S., July 30, 2023. X and India's IT ministry did not respond to Reuters' request for comment. Formerly known as Twitter, X has an ongoing legal tussle with Prime Minister Narendra Modi's administration over what New Delhi alleges is non-compliance with content removal orders. In June, Karnataka's High Court fined the platform 5 million rupees ($60,291) and said it had not complied with many blocking orders without any plausible explanation. In the latest court filing, India's government argues X is "advocating a dangerous trend" by seeking to judge the merits of government orders and that, if allowed, would make all platforms the "final arbitrator of lawful orders".

Persons: Carlos Barria, X, Elon Musk's, Narendra Modi's, Musk's Tesla, Arpan Chaturvedi, Aditya Kalra, Sharon Singleton Organizations: REUTERS, Reuters, India's, Karnataka's High, Twitter, Musk, Thomson Locations: San Francisco , California, U.S, India, DELHI, Karnataka, Delhi, Karnataka's, New Delhi

A SpiceJet passenger aircraft taxis on the tarmac at Chhatrapati Shivaji International Airport in Mumbai, India, May 29, 2023. REUTERS/Francis Mascarenhas/File Photo Acquire Licensing RightsNEW DELHI, Sept 11 (Reuters) - India's SpiceJet said on Monday it would pay $1.5 million to Credit Suisse as demanded by the country's top court. If SpiceJet fails to pay, the Supreme Court will take "drastic action" at the next hearing on Sept. 22, it said. The airline had previously said the Credit Suisse debt was an old one that predated the tenure of its current management. In that case, also heard on Monday at a Delhi High Court, SpiceJet said it had deposited 625 million rupees of that amount.

Persons: Francis Mascarenhas, India's SpiceJet, SpiceJet, dally, Ajay Singh, Singh, Kalanithi Maran, Maran, Arpan Chaturvedi, Aditi Shah, Yagnoseni Das, Aditya Kalra, Himani Sarkar, Miral Fahmy, Mark Potter Organizations: REUTERS, Credit Suisse, India's, Madras, Court, Thomson Locations: Chhatrapati Shivaji, Mumbai, India, DELHI, SpiceJet

Go First has been locked in legal disputes with many of its foreign lessors since being granted bankruptcy protection in India in May. Bankruptcy froze its assets and has prohibited the recovery of more than 50 grounded Airbus (AIR.PA) planes. Go First, whose lessors also include Standard Chartered's Pembroke Aircraft Leasing, SMBC Aviation and BOC Aviation, did not respond to a request for comment. The world's second-largest aircraft lessor, SMBC, warned in May that India's decision to block leasing firms from reclaiming Go planes would jolt the market and spark a confidence crisis. Reporting by Aditi Shah and Arpan Chaturvedi in New Delhi; Editing by Simon Cameron-MooreOur Standards: The Thomson Reuters Trust Principles.

Persons: Adnan Abidi, ACG, lessors, Aditi Shah, Arpan Chaturvedi, Simon Cameron, Moore Organizations: REUTERS, Go, Airbus, Court, Reuters, ACG Aircraft Leasing, Bankruptcy, Pembroke Aircraft Leasing, SMBC Aviation, BOC Aviation, Thomson Locations: New Delhi, India, DELHI, Ireland, Delhi

In New York, the arrival of more than 100,000 migrants seeking asylum over the past year has become a crisis for the city’s shelter system, schools and budget. As another critical election season begins to take shape, Nicholas Fandos, who covers New York State politics for The Times, explains why the situation has also become a political crisis for the state’s Democratic leaders.

Persons: Nicholas Fandos Organizations: New, The Times, Democratic Locations: New York, New York State

☆ Mission accomplished, India puts moon rover to 'sleep'
▼ + stars: | 2023-09-03 | by ( Arpan Chaturvedi | ) www.reuters.com time to read: +1 min

A view of the moon as viewed by the Chandrayaan-3 lander during Lunar Orbit Insertion on August 5, 2023 in this screengrab from a video released August 6, 2023. ISRO/Handout via REUTERS /File Photo Acquire Licensing RightsNEW DELHI, Sept 3 (Reuters) - India switched off its moon rover, the first craft to reach the lunar south poll, after it completed its two-week assignment conducting experiments, the country's space agency said. By landing on the moon, India joined the United States, China and the former Soviet Union. Pragyan travelled over 100 m (330 feet), confirming the presence of sulphur, iron, oxygen and other elements on the moon, ISRO said. "The satellite is healthy" and in earth orbit, ISRO said on Sunday, as it prepares for its 1.5 million-km (930,000-mile) journey.

Persons: Russia's Luna, Pragyan, Arpan Chaturvedi, William Mallard Organizations: ISRO, Handout, REUTERS, Indian Space Research Organisation, Soviet Union, Thomson Locations: DELHI, India, United States, China

India's Prime Minister Narendra Modi speaks during a joint press conference with Greek Prime Minister Kyriakos Mitsotakis at the Maximos Mansion in Athens, Greece, August 25, 2023. A "mid-20th century approach cannot serve the world in the 21st century", Modi, who will host a summit of the Group of 20 big economies from next weekend, told the Press Trust of India news agency. "International institutions need to recognise changing realities, relook at their priorities," Modi said, adding it was critical to ensure the representation of voices. "India's G20 presidency also sowed seeds of confidence in countries of so-called third world." Modi, 72, said India's G20 presidency has led to the recognition that anti-inflation policies in one country do not harm others.

Persons: Narendra Modi, Kyriakos Mitsotakis, Stelios Misinas, Modi, Joe Biden, Emmanuel Macron, Olaf Scholz, Saudi Crown Prince Mohammed bin Salman, cryptocurrency, Arpan Chaturvedi, William Mallard Organizations: India's, Greek, REUTERS, Indian, United, Press Trust of India, . Security, African Union, Saudi Crown, Thomson Locations: Athens, Greece, DELHI, United Nations, U.S

Last week, India landed its spacecraft Chandrayaan-3 on the moon, becoming the first country to land such a craft near the south pole, where scientists believe vital reserves of water could be found frozen. The landing also revealed just how much the international space race has changed. Kenneth Chang, a science reporter for The Times, explains why a new set of players are dominating the space race and what is motivating their groundbreaking missions to the moon.

Persons: Kenneth Chang Organizations: The Times Locations: India

The Dharavi slum, about three-quarters the size of New York's Central Park, featured in Danny Boyle's Oscar-winning 2008 movie "Slumdog Millionaire". Only those who already lived in Dharavi before 2000, mostly ground-floor residents, will get free homes within the redevelopment. In interviews with Reuters, some Dharavi residents cited the billionaire's financial troubles as contributing to their concerns. Last month, a Mumbai court allowed SecLink to add Adani to its lawsuit, forcing the conglomerate to defend its position before judges. In early August, about 300 opposition supporters and residents gathered in Dharavi to object to Adani's involvement.

Persons: Adani, Gautam Adani's, Narendra Modi's, Danny Boyle's Oscar, SecLink, Eknath Shinde, Modi, Maharashtra's, Sandeep Shastri, Rajendra Korde, Radha Pawar, Srinivas, Mohammad Hasmat Ullah, Ullah, Dhwani Pandya, Aditya Kalra, Arpan Chaturvedi, Francis Mascarenhas, David Crawshaw Organizations: Adani, Consultancy, Reuters, SecLink Technologies Corporation, The, Modi's Bharatiya Janata Party, BJP, Modi's BJP, India's, Trust, Reuters ., Dharavi, Committee, Authority, Dhwani, Thomson Locations: Dubai, MUMBAI, rehouse, Dharavi, Maharashtra, The Dubai, Mumbai, Gujarat, snowballing

The mysterious crash of a private jet outside Moscow is believed to have killed Yevgeny Prigozhin, the boss of the Wagner militia who led an armed rebellion against Moscow in June. Anton Troianovski, the Moscow bureau chief for The Times, explains what we’ve learned about the crash, and what a potential political assassination says about President Vladimir Putin’s Russia.

Persons: Yevgeny Prigozhin, Wagner, Anton Troianovski, we’ve, Vladimir Putin’s Organizations: The Times Locations: Moscow, Vladimir Putin’s Russia

Ron DeSantis of Florida began the race for the Republican nomination with high expectations and a clear argument: that he was a political fighter with a solid record of conservative achievements in his state. Now, he appears to be in a downward spiral. Shane Goldmacher, a national political reporter for The Times, explains why the DeSantis campaign is stumbling so badly.

Persons: Ron DeSantis, Shane Goldmacher Organizations: Republican, The Times Locations: Florida

[1/2] A bird flies past the new logo of the Securities and Exchange Board of India (SEBI) at its headquarters in Mumbai, India, April 19, 2023. REUTERS/Francis Mascarenhas/File PhotoAug 14 (Reuters) - India's market regulator has sought 15 more days to complete its probe into the Adani group's dealings, it said in a filing before the country's Supreme Court. SEBI has sought more information from other regulators and foreign jurisdictions to plan a further course of action. The group's listed companies lost more than $100 billion in market value earlier this year after U.S.-based Hindenburg Research raised several governance concerns. Reporting by Jayshree P Upadhyay in Mumbai; Editing by Savio D'Souza and Jacqueline WongOur Standards: The Thomson Reuters Trust Principles.

Persons: Francis Mascarenhas, SEBI, Jayshree, Savio D'Souza, Jacqueline Wong Organizations: Securities and Exchange Board of India, REUTERS, The Securities, Exchange Board of India, Hindenburg Research, Thomson Locations: Mumbai, India

Last week, wildfires broke out on the Hawaiian island of Maui that became the deadliest in the United States in over a century. The town of Lahaina, once the royal capital of the kingdom of Hawaii, was one of the places hit hardest — its historic center was decimated, including Waiola Church, the oldest on the island and a cherished meeting place. Today, the minister of Waiola Church, Anela Rosa, explains what it means to lose Lahaina and what it will take to rebuild it.

Persons: Anela Rosa Organizations: Waiola Locations: Maui, United States, Lahaina, Hawaii

Satellites owned by Elon Musk’s Starlink orbit the earth and beam an internet connection to almost anywhere. In 2019, the company sent its first 60 or so satellites into orbit — today, it has some 4,500 circling the planet, with around 1.5 million customers across about 50 countries and territories. Adam Satariano, a technology correspondent for The Times, details the company’s rise and power, and discusses the implications of one man’s controlling it all.

Persons: Elon Musk’s, Adam Satariano Organizations: Elon, The Times

The latest economic figures are some of the best of President Biden’s tenure so far. It appears increasingly likely that the United States has managed to tame high inflation without causing a recession. Jim Tankersley, who covers economic policy for The Times, discusses the encouraging outlook and speculates about why the positive data hasn’t translated into a bump in President Biden’s popularity.

Persons: Biden’s, Jim Tankersley Organizations: The Times Locations: United States

The wildfires sweeping Canada have become the largest in its modern history. Across the country, 30 million acres of forest have burned — three times as much land as in the worst American fire in the past 50 years. The scale has forced an international response and a re-evaluation of how the world handles wildfires. Firefighters on the front lines discuss the challenges they face, and David Wallace-Wells, a climate columnist for The Times, explores how climate change has shifted thinking about wildfires.

Persons: David Wallace, Wells Organizations: Firefighters, The Times Locations: Canada

After the Supreme Court's ruling, the lower house of parliament should now formally reinstate Gandhi. Lower courts and the high court in Gujarat, where the BJP holds power, had rejected appeals by Gandhi to suspend the conviction, prompting the appeal to the Supreme Court. Besides seeking suspension of the conviction, Gandhi has also sought to overturn it. That challenge has yet to be heard by the lower court in Gujarat. Gavai said the lower court had not given any reasons for handing down the maximum sentence of two years' jail which led to his disqualification from parliament.

Persons: Rahul Gandhi, Anushree, Gandhi, Rahul Gandhi's, Narendra Modi, Modi, B.R, Gavai, Sonia Gandhi, Priyanka Vadra, Adhir Ranjan Chowdhury, Chowdhury, Purnesh Modi, YP Rajesh, Arpan Chaturvedi, Shivam Patel, Sakshi Dayal, Kim Coghill, Simon Cameron, Moore, Nick Macfie Organizations: REUTERS, Bharatiya Janata Party, BJP, Supreme, Developmental, YP, Thomson Locations: New Delhi, India, DELHI, Gujarat, Manipur

☆ India's changes to forest conservation law draw flak from environmentalists
▼ + stars: | 2023-08-03 | by ( Arpan Chaturvedi | ) www.reuters.com time to read: +4 min

India says the new law is a milestone in "enhancement of the productivity of forests". Both parliament houses cleared the law in recent days and it will next go to the president for approval. India's environment ministry, which has drafted the changes, did not respond to Reuters queries. Opponents say India's new law will also change how it defines forests, and so it will apply to fewer green zones, leading to about 20-28% of existing forest cover losing regulatory protection. Such changes, critics say, could lead to excessive construction in the pristine tourist hotspot of Kashmir and other hilly forests in Himalayan states.

Persons: Anushree, Narendra Modi's, Bahar Dutt, Debadityo Sinha, Bhupender Yadav, Jairam Ramesh, Arpan Chaturvedi, Aditya Kalra, Kim Coghill Organizations: REUTERS, Indian, Ecosystems, Legal, Thomson Locations: Satjelia, Sundarbans, India, DELHI, New Delhi, Delhi, Kashmir

'X' logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, U.S., July 30, 2023. REUTERS/Carlos Barria/File PhotoNEW DELHI, Aug 2 (Reuters) - Social media platform X has sought to quash an Indian court decision that found it non-compliant with content removal orders, arguing the ruling could embolden the government to block more content. X, formerly known as Twitter, in July 2022 sought to overturn some government orders to remove content from its platform, without specifying which. A court in June 2023 quashed that request and imposed a fine of 5 million rupees ($60,560). ($1 = 82.5625 Indian rupees)Reporting by Aditya Kalra and Arpan Chaturvedi in New Delhi and Munsif Vengattil in Bengaluru; Editing by Jacqueline Wong and Christopher CushingOur Standards: The Thomson Reuters Trust Principles.

Persons: Carlos Barria, Elon Musk, Aditya Kalra, Arpan Chaturvedi, Jacqueline Wong, Christopher Cushing Organizations: REUTERS, Poovayya, Thomson Locations: San Francisco , California, U.S, New Delhi, Bengaluru

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