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Centre orders probe after Wintrack halts India ops

Business Standard

|

October 03, 2025

Firm alleged Customs officials in Chennai had demanded bribes

- PRESS TRUST OF INDIA

Amid allegations of corruption levelled against Chennai Customs by Wintrack, the Finance Ministry on Thursday said it has deputed a senior officer from the revenue department to conduct a detailed factual enquiry and thoroughly examine all relevant documentary evidence.

Wintrack Inc, an import company, on October 1 took to X to announce shutting down its business, alleging harassment by Chennai customs officials and demand for bribes.

FLERE HISTORIER FRA Business Standard

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Festival weekend, vibrant lineup a hit for Box Office

From houseful theatres to almost three times jump in the footfall, multiplex chains are expecting this year’s Dussehra weekend to have strong a Box Office collection.

time to read

1 mins

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Business Standard

Global stocks, gold near record highs as investors shrug off US shutdown impact

Global stocks gained and gold traded near record highs on Thursday as investors took in their stride the potential ramifications of a US government shutdown, while a weak private US labour market report bolstered bets for Federal Reserve rate cuts.

time to read

1 min

October 03, 2025

Business Standard

Tata Power arm to set up 80 Mw renewable energy project at ₹1,200 cr

Tata Power Renewable Energy Ltd (TPREL) has signed a power purchase agreement with Tata Power Mumbai Distribution to set up an 80 Mw FDRE project at ₹1,200 crore.

time to read

1 min

October 03, 2025

Business Standard

Business Standard

2 killed, suspect shot dead in terrorist attack at Manchester synagogue

Two people have been killed and a suspect has been shot dead by police officers in a stabbing and car attack declared a “terrorist incident” at a synagogue in Manchester on the Jewish holy day of Yom Kippur on Thursday.

time to read

1 min

October 03, 2025

Business Standard

Business Standard

Trump to discuss federal job cuts with Budget director

Treasury Secretary Bessent says Democrats want to negotiate like terrorists

time to read

2 mins

October 03, 2025

Business Standard

Govt invites proposals under PRIP scheme for pharma, medtech projects

The government has invited applications for research and innovation projects under the second component of its Promotion of Research and Innovation in Pharmaand MedTech

time to read

1 min

October 03, 2025

Business Standard

OpenAI becomes the world’s most valued startup, surpassing SpaceX

OpenAI has completed a deal to help employees sell shares in the company at a $500 billion valuation, propelling the ChatGPT owner past Elon Musk’s SpaceX to become the world’s largest startup.

time to read

1 min

October 03, 2025

Business Standard

Luxury jewellery brands tap into wider mkt with lower prices online

Makers of luxury jewellery are building a presence online and bringing more customers into the brands’ fold with products at lower prices than their offers at shops.

time to read

2 mins

October 03, 2025

Business Standard

Multi-asset funds outshine equity schemes over three-year period

Clock 19.1% annualised return in the period compared to flexicap’s 18.2%

time to read

2 mins

October 03, 2025

Business Standard

Centre orders probe after Wintrack halts India ops

Firm alleged Customs officials in Chennai had demanded bribes

time to read

1 mins

October 03, 2025

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