ED Transfers Rs 9000 Crore Worth Assets Seized From Mallya, Nirav Modi, Choksi To Banks
The three fugitives cheated the public sector banks of Rs 22,586 crore, out of which 80.45% ( Rs 18,170 crore) has been attached/seized by the...
Tag : business
Relief For PMC Bank A/c Holders: RBI Gives In-Principle Nod To Centrum For Takeover
Ashneer Grover the CEO and co-founder of BharatPe said that the bank should be “up and running by the end of this year” The Reserve...
Adani Group Shares Plunge; Top Foreign Stakeholders’ Accounts Frozen
Following this development, Adani Enterprises, the conglomerate’s flagship company, fell as much as 25 per cent to hit an intraday low of Rs 1,201.10. The...
RBI Imposes Rs 6 Crore Fine On Bank Of India, PNB For Non-Compliance Of Norms
In both cases, notices were issued to banks to show cause as to why penalties should not be imposed on them for such violations of...
Second batch of 25 foreign envoys to visit Jammu and Kashmir today
The envoys will be apprised of the ground situation following the removal of Article 370 which granted the special status of J&K during their visit...
A Boring Fraud Episode
Today’s episode is about a routine and now boring corporate fraud. We have seen and discussed too many of them. But whenever new findings of...
Zomato Buys loss-making Uber Eats business in an all-stock deal
Zomato acquired India operation of Uber Eats in an all-stock transaction. Bengaluru| In a move to cut losses, Uber has sold its Food delivery business...
No Relief For Mr. Anil Ambani
Mr Ambani resigned as a director, but his resignation was rejected by its committee of creditors Despite decades of a corporate legal structure in...
Trust between government, business community eroded: Manmohan Singh
New Delhi | Slamming what he termed as the “wrath of coercive agencies” on the business community, former prime minister Manmohan Singh on Friday said trust...
Sensex dives 572 points as Huawei arrest roils global markets
by News Desk
Mumbai | Benchmark Sensex buckled under selling pressure for the third straight day on Thursday, in step with a global sell-off triggered by the arrest...