The firm also said that the cost of the fine was included in a provision of around one billion euros booked by the VW group in the first quarterThe auto behemoth admitted in 2015 to manipulating 11 million vehicles worldwide to appear less polluting in laboratory tests
1 min read7 May 2019Delhi court issued bailable warrants against retired cricketer Gautam Gambhir for not appearing before it despite repeated summons in a case related to alleged cheating of flat buyers in a real estate project
1 min read20 Dec 2018A German newspaper has reported that Hans Dieter Poetsch , Volkswagen's finance head at the time of the dieselgate, knew of violations as early as June 2015
1 min read20 Dec 2018The CBI today registered a case against the company on the direction of the Supreme Court which in 2014 had asked the agency to investigate cases related to chit fund companies
1 min read29 Nov 2018Do your due diligence about the website and the product before buying off the internet
5 min read11 Oct 2018A subsidiary of Elliott Management is bankrolling a group of institutional investors who are suing Volkswagen because of the losses they suffered as a result of the company's emissions cheating
6 min read10 Sep 2018Karnataka police filed chargesheet against Mehul Choksi in connection with a ₹9.11 crore cheating case registered against him in 2015
1 min read10 Aug 2018IBA call a meeting on Friday to discuss the future course of action, claims action by investigative authorities will dent the morale of the banking industry, forcing bankers to stop lending
2 min read21 Jun 2018Maharashtra police arrested the CEO and an executive director of state-run Bank of Maharashtra (BoM) on Wednesday, accusing them of misusing their authority in making loans to a property developer
1 min read20 Jun 2018Three unnamed individuals are under investigation for suspected fraud and false advertising stemming from the manipulation of exhaust treatment in diesel vehicles manufactured by Porsche
2 min read18 Apr 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared