Pernod Ricard has ‘criminal background’, licence plea rejected: Delhi HC

IANS | May 30, 2026 1:45 PM

New Delhi, May 30 (IANS) The Delhi High Court (HC) has dismissed a plea filed by French wine and spirits giant Pernod Ricard against denial of a wholesale liquor licence, holding that the company has a "criminal background" under the Delhi Excise Act and is therefore ineligible for an L-1 licence.

India’s design-linked incentive scheme showing good results: Ashwini Vaishnaw

IANS | May 30, 2026 9:53 AM

New Delhi, May 30 (IANS) India’s design-linked incentive (DLI) scheme is showing good results, Union Minister Ashwini Vaishnaw has said, hailing the country’s first flagship AI system on chip (SOC) 'A2000' at 12nm technology node designed by Thiruvananthapuram-based fabless semiconductor startup Netrasemi.