Fugitive billionaire Nirav Modi to be produced before UK court : Bulletin: Business Today
Business Today

Fugitive billionaire Nirav Modi to be produced before UK court

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May 30, 2019

JP Nadda to succeed Amit Shah as BJP chief: report

With BJP chief Amit Shah set to join the Cabinet, Health Minister JP Nadda is looking to take over the reins of the ruling party. Jagat Prakash Nadda is expected to work closely with Amit Shah, according to a report in IANS, after he demits from his role. JP Nadda will oversee the election campaign strategy in the coming assembly elections

India to remain fastest growing economy, widen lead against China: OECD

The latest economic outlook report released by the Organisation for Economic Cooperation and Development (OECD) shows that India not only continues to be the world's fastest growing major economy but is also steadily widening its lead over China. The Paris-based global economic forum sees India's economic growth regaining strength and touching 7.5 per cent by 2020 from 7.2 per cent in 2019.

Fugitive billionaire Nirav Modi to be produced before UK court in extradition case

Fugitive diamond merchant Nirav Modi is set to be produced before a court in London today as he fights his extradition to India in the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case.

The 48-year-old has been lodged at Wandsworth prison in south-west London since his third attempt at seeking bail was rejected

Game of Tweets: With 2 trillion impressions during elections, Narendra Modi wins the social media game too

When it comes to popularity on social media, Prime Minister Narendra Modi holds an unrivalled position. The leader, during 74 days of the elections, witnessed nearly two trillion impressions on his Facebook posts and tweets. Like the Lok Sabha polls, the PM was a clear winner in the game of hashtags and likes. He was also way ahead in the game over his primary opponent, Congress President Rahul Gandhi. According to data available with Modi's team, his tweets received 1.99 trillion impressions between March 10 and May 23. His Facebook posts garnered 7.22 billion impressions in the same time.

Biju Janata Dal president Naveen Patnaik takes oath as Odisha CM

Biju Janata Dal president Naveen Patnaik Wednesday took oath as the Chief Minister of Odisha for a fifth consecutive term. Patnaik was administered the oath of office and secrecy by Governor Ganeshi Lal. The BJD, which won 112 seats in the 147-member Assembly in the recently concluded elections, held simultaneously with the Lok Sabha polls, has been in power in Odisha since 2000.

Cognizant to offer higher pay package to entry-level engineers

Engineering students graduating in June 2020 will see the offer made by the US-based company increase from Rs 3.38 lakh per annum to Rs 4 lakh, they said. IT companies are slated to visit campuses around August-September this year to present offer letters for next year. Confirming the salary increase, a Cognizant spokesperson said the company already offers higher packages for employees with "premium" skills in digital technologies.

US removes India from its currency monitoring list; China, Japan stay
The Trump administration has removed India from its currency monitoring list of major trading partners, citing certain developments and steps being taken by New Delhi which address some of its major concerns. Switzerland is the other nation that has been removed by the US from its currency monitoring list which among others include China, Japan, South Korea, Germany, Italy, Ireland, Singapore, Malaysia and Vietnam.




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