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How Nirav Modi diverted money into sister Purvi's account
Diamond merchant Nirav Modi wanted to obtain the status of Singapore Permanent Resident (SPR) after he decided to flee India and had submitted an application for the same with the Singapore authority. ........
Punj Lloyd Says ICICI Bank's Bankruptcy Plea May Not be Admitted by NCLT
Punj Lloyd said that 90 per cent of its lenders want its outstanding debts to be restructured-led by State Bank of India.........
Inside Mukesh Ambani’s Reliance e-commerce plan
Billionaire Mukesh Ambani is progressing to enter the e-commerce business by combining the most effective of online and offline looking experiences, a business model which will need zero cash burn to amass customers. ........
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Videocon group blames PM Narendra Modi's policy for its Rs 39,000 crore debt
For Rs 39,000 crore debt, Videocon group blames PM Narendra Modi's policy - The group has also said that its telecommunications unit witnessed losses after the country's apex Court canceled licenses.........
Govt to consider selling 100% stake in Air India after initial flop attempt
The government will soon revive the sale of its money-losing flag carrier with new guidelines after a recent attempt ended in a debacle last month, as the proposed terms deterred potential investors. ........
Flying Air India? Shell out more for excess baggage from today
The debt-laden airline has revised its excess baggage charges by Rs 100 per kg to Rs 500 for domestic travels from June 11.........
ICICI Bank, Chanda Kochhar face US regulatory probe; Indian agencies may seek foreign help
As multi-agency probe continues in India into alleged lapses involving ICICI Bank's chief Chanda Kochhar and her family members, the matter has also come under the scanner of the US markets regulator SEC.........
SBI looks at over Rs 40,000 crore recovery in FY19
SBI looks at over Rs 40,000 crore recovery in FY19........
Fuel prices fell for the 11th consecutive day by 40 paise
Fuel price reduction: The reductions come on the back of softening of international oil rates and the rupee gaining against the US dollar. Prices vary from state-to-state depending on local sales tax or VAT.........
Government identifies 16,500 entities as shell companies, another 80,000 under lens
The government has identified over 16,500 companies as “confirmed shell companies”, while another 80,000 are under the lens and have been put in the suspect category, the finance ministry said on Friday.........
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Qatar Airways to soon apply for launch of Indian airline, says CEO
Qatar Airways is preparing to launch a full-service airline in India and will file its application soon, said chief executive Akbar Al Baker. The proposed airline will be funded by Qatar’s sovereign fund.........
Ola revenue in 2016-17 jumped 70% to Rs1,286 crore
Ola did not immediately disclose its profit or loss figures, but in 2015-16, the cab-hailing start-up had generated losses of about Rs2,313 crore........
Amazon now has customers in 100% serviceable pin-codes in India: Jeff Bezos
Amazon now has customers in 100 per cent serviceable pin-codes in the country and is shipping packages from more than 50 fulfillment locations in 13 states.........
IDFC Bank, Capital First merger gets RBI approval
IDFC Bank Ltd announced that the Reserve Bank of India (RBI) has approved the proposed merger of Capital First with the bank.........
