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Reliance Group Reaches Agreement With 90% Of Lenders

The Anil Ambani-led Reliance Group has reached an in-principle "standstill understanding" with more than 90 per cent of its lenders, the company said on Sunday.....


 

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SC Directs RCOM To Pay Ericsson Rs 550 Cr With Interest

The Supreme Court on Wednesday directed Reliance Communications to pay Rs 453 crore to Ericsson India within four weeks failing which its chairman will have to undergo a three-month sentence.....


 

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Nirav Modi's Beach Bungalow Blown-up With Controlled Blast

Authorities here on Friday carried out a controlled blast to raze the luxurious beach bungalow of absconding diamantaire Nirav Modi, one of the prime accused in the Punjab National Bank scam, official sources said.....


 

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Nirav Modi IANS Investigation - Tracks Down Nirav Modi Ops In London

Fugitive diamantaire Nirav Modi fled India in January 2018 only days before the epic Punjab National Bank (PNB) Swift scam broke. Even as investigators swooped down on PNB, it was clear that Nirav Modi and his uncle Mehul Choksi have ingeniously defrauded the PNB of Rs 13,000 crore using Letters of Undertaking for the malady exercise.....


 

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UK Court Issues Arrest Warrant Against Nirav Modi

A court in London has issued an arrest warrant against fugitive Indian diamantaire Nirav Modi, accused in the Rs 12,700 crore bank, confirmed the Enforcement Directorate (ED) on Monday.....


 

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Vindicated By PM Modi's Statement On Dues, Says Mallya

Beleaguered liquor tycoon Vijay Mallya, who is facing extradition to India to answer charges of fraud and money laundering, on Sunday said that Prime Minister Narendra Modi's recent statement that assets worth much more the amount he owes to banks have been seized "vindicates" his stand that he is a BJP's "poster boy".....


 

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Sensex At Record High, Crosses 39,000

The BSE Sensex on Monday touched a record high and crossed the 39,000 mark for the first time.....


 

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BoB Issues Shares To Vijaya, Dena Bank Shareholders

Bank of Baroda (BoB) has alloted Rs 52.42 crore worth of shares to the shareholders of the Vijaya Bank and Rs 24.84 crore shares to those of Dena Bank as the merger of the three banks came into effect on Monday.Bank of Baroda (BoB) has alloted Rs 52.42 crore worth of shares to the shareholders of the Vijaya Bank and Rs 24.84 crore shares to those of Dena Bank as the merger of the three banks came into effect on Monday.....


 

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Muted Growth Prompts RBI To Cut Key Lending Rate To 6%

Muted growth and subdued inflation prompted the Reserve Bank of India (RBI) on Thursday to lower its key lending rate for commercial banks by 25 basis points (bps) to 6 per cent. ....


 

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Woman Can File Harassment Case From Anywhere: SC

A woman, who is forced to leave her matrimonial home, can file a case against her estranged husband and in-laws at the place where she resides thereafter, the Supreme Court ruled on Tuesday. ....


 

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