Enforcement may attach Chanda Kochhar’s properties worth Rs 800 crore
NEW DELHI : Trouble seems to be mounting for former ICICI Bank chief executive officer (CEO) Chanda Kochhar and husband, Deepak Kochhar, as the Enforcement Directorate (ED) is reportedly contemplating provisional attachment of assets and properties worth Rs 800 crore in connection with an alleged bank loan fraud and money laundering case. It is worth More...
Onion prices may drop soon ,as fresh produce reaches markets
IRA JHA / NEW DELHI : India’s rampant onion prices may finally be running out of steam, with fresh supplies of the pungent vegetable set to hit the market next month. Onion prices could witness a steep drop as More...
Big blow to Ratan Tata; NCLAT restores Cyrus Mistry as Tata Sons Executive Chairman
NEW DELHI : In a major development in the Tata Sons-Cyrus Mistry case, the National Company Law Appellate Tribunal (NCLAT) has ordered the restoration of Cyrus Mistry as the Executive Chairman of Tata Sons on Wednesday. More...
Major Relief For Telecoms,Govt gives 2-year on spectrum dues
NEW DELHI : Providing relief to the country’s stressed telecom companies, the Union Cabinet on Wednesday approved a two-year moratorium on payment of pending spectrum auction instalments for the years 2020-21 More...
Reliance Jio To Hike Mobile Tariffs
MUMBAI : Bharti Airtel Ltd and Vodafone Idea Ltd have added about $5.5 billion and $1.25 billion, respectively, to their market capitalization in the past three trading sessions alone. Just last week, they reported More...
GST Collections Remain Subdued At Rs 95,380 Cr In Oct
IRA JHA NEW DELHI : GST collections came in at Rs 95,380 crore in October, down 5.29 per cent from Rs 1,00,710 crore in the same month last year, as per government data released on Friday. This is the third consecutive More...
After Hunger Index Rank, Rahul’s Report Card On Development Claims
NEW DELHI : Congress’s Rahul Gandhi held up the Global hunger Index figures today as proof of a “colossal failure” of the Narendra Modi government. In the Global Hunger Index report released on More...
Samsung ends mobile phone production in China
SEOUL : Samsung Electronics Co Ltd has ended mobile telephone production in China, it said on Wednesday, hurt by intensifying competition from domestic rivals in the world`s biggest smartphone market. The shutdown More...
India Gets First Tranche of Swiss Account Details
NEW DELHI /BERNE: India has received the first tranche of details about financial accounts of its citizens in Swiss banks under a new automatic exchange of information framework between the two countries. India More...
PMC Bank crisis: MD Joy Thomas arrested in Rs 4,355 fraud case
MUMBAI :Joy Thomas, the suspended managing director of crisis-hit Punjab and Maharashtra (PMC) Bank, has been arrested in an alleged Rs. 6,500 crore fraud case, sources in the Economic Offence Wing in Mumbai said. In More...