The Enforcement Directorate (ED) has started a probe against e-commerce giant Amazon for alleged violation of the foreign exchange law and rules of the country.

Stateowned Energy Efficiency Services Ltd (EESL) has entered into agreements with two Bihar utilities for installation of 23.4 lakh smart prepaid meters in Bihar. This is the first time that smart prepaid meters are being installed at this scale, and are set to have a transformative impact on the state's energy landscape, EESL said in a statement. "EESL...signed agreements with South Bihar Power Distribution Company Ltd (SBPDCL) and North Bihar Power Distribution Company Ltd (NBPDCL) for the installation of 2.34 million smart prepaid meters in Bihar, under its Smart Meter National Programme," it said. The agreements were signed in the presence of Bihar Energy Minister Bijendra Prasad Yadav.

Dixon Tech's wholly-owned subsidiary Padget Electronics, has entered into an agreement to manufacture smartphones for Nokia. To talk more about this, Atul Lall, MD of Dixon Technologies spoke to CNBC-TV18.

The international tribunal had ruled in December that the Indian government was in breach of the UK-India Bilateral Investment Treaty for its retrospective tax investigation in 2014 and owed damages to Cairn.