Crumbd

National Herald case: Delhi HC asks Centre to maintain status quo on eviction process

The Delhi High Court asked the Centre to maintain status quo with regard to its eviction process initiated against AJL, publisher of the National Herald newspaper, to vacate its Herald House premises here till November 22. ........

Bengaluru I-T dept busts Rs 1,200 crore fake GST invoice scam

Three men have been arrested for generating fake bills worth Rs 1,200 crore under the new Goods and Services Tax (GST) regime by the income tax department in Bengaluru after a two-month long investigation. ........

China's largest bank offers $200 mln lifeline to Indian MSME sector

The Industrial and Commercial Bank of China (ICBC) will funnel as much as $200 million into India's burgeoning micro, small and medium enterprises (MSME) sector, through its Mumbai-based Indian unit.........

Stunned by Allegations, Says Binny Bansal After Stepping Down as Flipkart CEO

After resignation, Binny Bansal said, “The allegations left me stunned and I strongly deny them. The investigation did bring to light lapses in judgment, particularly a lack of transparency, related to how I responded to the situation.”........

Flipkart Group CEO Binny Bansal resigns after allegations of ‘misconduct’

Flipkart co-founder Binny Bansal has resigned as the company’s group CEO, following an internal investigation conducted by both Flipkart and its parent firm, Walmart, into an allegation of “serious personal misconduct.”........

'I Don’t Lie, Decision to Choose Anil Ambani Firm Was Ours': Dassault CEO Clears Air on Rafale Deal

Dassault Aviation Chief Executive Officer (CEO) Eric Trappier has dismissed allegations by Congress chief Rahul Gandhi that he lied about the details of the joint venture with Anil Ambani’s firm, saying he does not have a reputation for lying. ........

Urjit Patel met PM, RBI may review lending curbs: media

Urjit Patel, the governor of the Reserve Bank of India (RBI), met Prime Minister Narendra Modi to discuss flashpoints between the central bank and the government a move that could see the regulator bow to government pressure.........

Amazon, Flipkart promise to stop sale of fake cosmetics

Online retailers Amazon and Flipkart have committed to prevent the sales of “unregulated and fake cosmetics” in a meeting with the drug regulator after DBGI served show-cause notices to websites for selling ‘adulterated’ beauty products.........

Patanjali enters branded apparel space, aims Rs 1,000 cr business in FY'20

Baba Ramdev-led Patanjali Ayurved forayed into the fast-growing branded apparel segment through its brand 'Paridhan' and expects a sale of around Rs 1,000 crore next fiscal.........

Tata Group in talks to buy a majority stake in Jet Airways: Report

Tata Group is in talks to buy a majority stake in beleaguered carrier Jet Airways and its loyalty programme. Tata already owns two airline ventures in India - full-service carrier Vistara, in partnership with Singapore Airlines and AirAsia India, along with AirAsia Berhad. Tata aims to merge Jet with Vistara.........

How Bill Gates aims to save $233 billion by reinventing the toilet

Bill Gates thinks toilets are a serious business, and he’s betting big that a reinvention of this most essential of conveniences can save a half million lives and deliver $200 billion-plus in savings.........

RIL’s ₹10,000 crore shopping spree for Reliance Jio, Reliance Retail

Over the past 11 months, RIL through its web of subsidiaries, has either acquired or struck partnerships with more than two dozen entities to expand Reliance Jio Infocomm Ltd and Reliance Retail, spending nearly ₹10,000 crore.........

Sebi orders Sahara to refund Rs 14k crore with 15 per cent  interest

In a fresh crackdown on Sahara, regulator Sebi has found another group firm to have raised over Rs 14,000 crore in violation of rules and has ordered the company and its then directors including Subrata Roy to refund the money with 15 per cent annual interest.........

Jaitley blames RBI for bad loans as govt-central bank rift comes out in open

Finance Minister Arun Jaitley Tuesday directly blamed the Reserve Bank of India for the country's heap of bad loans. Jaitley's comments assume significance as they come at a time when tension between the RBI and the government has become public.........

Parameters For Selecting A Reliable Foreign Exchange Services

Though, there are numerous companies which offer foreign exchange services, but many of them scam their clients by either misguiding them or cheating them, ........

Reasons Why Staying At Home Parents Need Life Insurance

Every year we join forces on the life insurance study to get the accurate information about what the consumers are thinking when it comes to the financial concerns that bother them the most as well as what type of financial insurance ........

Trouble mounts for Vijay Mallya: IT dept warns against buying company shares in e-auction

The IT Dept warns people against buying stocks of Vijay Mallya company United Racing and Bloodstock Breeders Ltd, which are under tax evasion case.........

JSW plans Rs 5,000 crore rights issue to buy Bhushan Power

Sajjan Jindal’s JSW Steel plans to acquire bankrupt Bhushan Power and Steel. It already submitted a bid of Rs 19,700 crore for the asset.........

To recover dues from Anil Ambani firms, 24 creditors move tribunal

At least 24 operational creditors of debt-ridden Reliance Communications and Reliance Telecom have moved various benches of the National Company Law Tribunal (NCLT) in Mumbai against the two firms of Anil Ambani-led Reliance Group.........

Paytm Payments Bank names Satish Kumar Gupta as MD, CEO

Paytm Payments Bank appointed Satish Kumar Gupta as its managing director and CEO. Gupta, who previously held senior roles at SBI and NPCI has over 35 years experience in the field of Banking.........