Videocon Group chief and co-accused in the ICICI Bank money laundering case Venugopal told ED that Rs 64 crore was transferred to Deepak Kochhar's company Nupower Renewable Private Limited (NPRL) to get the loans sanctioned by ICICI Bank in 2009

CAIT claimed that despite the constant violations no action has been taken against Amazon because of which 7 crore traders of the country along with the workers and people connected to them are feeling cheated and left out

Justice Manoj Kumar Ohri stayed the trial court's December 4 order which had also said that if Godhwani fails to surrender, then the investigating officer should arrest him and hand him over to the Tihar Jail Superintendent concerned

Consumer confidence remains grim in Nov, optimism intact for year ahead: RBI Consumer confidence remained quite low in November compared to the year ago period as the general economic situation continued to remain grim during the month, reveals a latest survey by the Reserve Bank of India. The Indian households, however, remained optimistic about the situation one year from now. The consumer confidence index (based on the current situation) improved marginally to 52.3 in November, against a...

Last month, India strongly underlined its interest in the liquor baron's expeditious extradition during talks between Foreign Secretary Harsh Vardhan Shringla and UK Home Secretary Priti Patel in London

Mirchi, his family and others are being probed by the ED under the criminal sections of the Prevention of Money Laundering Act (PMLA) and properties worth about Rs 798 crore have been attached by it till now in this case

The Supreme Court stated that it is not inclined to interfere with the order of termination as it falls within the realm of the contractual relationship between the bank and employee

The petition, filed by advocate Prashant Bhushan for NGO Common Cause, also sought a direction to the central government to appoint a director for the agency 'in a transparent manner and strictly in accordance with the law'

Following the news, share of the firm opened at the day's low of Rs 1.35, falling 3.5% against the last closing of Rs 1.40. The stock also hit the day's high at Rs 1.45 but soon erased gains

National Payments Corporation of India (NPCI) announced that it has completed private placement of 4.63 per cent of its equity shares worth Rs 81.64 crore; the CBI has booked Delhi-based Amira Pure Foods Pvt Ltd and its top executives including promoter Karan Chanana and Managing Director Rajesh Arora for allegedly cheating a consortium of a dozen banks led by Canara Bank; the Enforcement Directorate has arrested Ajay Ajit Peter Kerkar, the promoter of bankrupt travel company Cox & Kings, in connection with a money laundering case. Watch this and more news on News Blast.

Govt-industry synergy can help India beat China at low-cost manufacturing: Maruti Chairman India has the potential to surpass even China in low-cost manufacturing if the government and industry work in a cohesive manner, Maruti Suzuki India (MSI) Chairman RC Bhargava said. Bhargava also said the government should focus on increasing the competitiveness of the Indian industry. Cashless treatments worth Rs 17,500 crore provided under Ayushman Bharat: Centre More than 1.4 crore cashless tr...

Cox & Kings owes Rs 5,500 crore to various banks. The firm was also one of the biggest borrowers of YES Bank when it was under the founder Rana Kapoor, and owes over Rs 2,267 crore to the lender

The high court's order came on a plea by acquitted individual and Kusegaon Fruits and Vegetables Pvt Ltd director Asif Balwa that the CBI has not placed on record the mandatory authority under the provisions of the CrPC

 Dismissing the plea by former telecom minister A Raja and others, the high court said an amendment in the Prevention of Corruption Act does not apply to the offences already taken place

The ED is probing the case after studying an earlier FIR filed by the CID of the UT Police in Srinagar against officials of J&K Bank, unidentified public servants, private persons and others for suspicious transactions in various bank accounts

The Enforcement Directorate rejected the claims of coercion made in an audio clip purportedly by Kerala gold smuggling case 'prime accused' Swapna Suresh

Demanding answers from the Congress leadership, Union Minister Ravi Shankar Prasad alleged that from the Jeep scandal, the Bofors scam to the submarine scandal and several more, Congress leaders for their benefit made a \"mockery\" of national security

SK Mishra, who is a 1984-batch Indian Revenue Service officer of the Income-tax cadre, was appointed as ED's director on November 19, 2018, and, his tenure was to end next week

Seshagiri Rao, Joint Managing Director and Group CFO, JSW Steel, said the company will be a major investor in newly acquired entities including BPSL and Asian Colour Coated, and will not consolidate them with the flagship company

The central probe agency had arrested Deepak Kochhar in September after it filed a criminal case of money laundering after studying an FIR registered by the CBI against the Kochhars, Dhoot and others.