The company acknowledged it had been asked to appear before ED and provide information about dealings with a company called Capstone Forex Pvt Ltd. However, Edelweiss claimed none of its companies had made any transaction with the concerned firm

YES Bank responded to the allegations of deteriorating corporate governance standards by Agarwal and said, \"In his resignation letter (as enclosed), Agarwal has made certain observations on the Bank's governance and the same shall be duly examined by the Board.\" 

The investigation team conducted 128 interviews with 77 persons, including relevant company personnel related to the allegations, and reviewed over 2.1 lakh documents

Agarwal was appointed as independent director on Nov 14, 2018 and his tenure was to end in November 2023

Reliance Industries chairman and managing director Mukesh Ambani is in search of a new managing director (MD) within Reliance Industries (RIL) to lead India's most valuable company; Uber is planning to introduce new safety features in India that include PIN verification, a RideCheck that detects trip irregularities, and audio recording. These new features will be rolled out as a pilot in India later this year; Flipkart co-founder and former CEO Sachin Bansal has reportedly acquired DHFL General Insurance from Wadhawan Group Capital (WGC) for around Rs 100 crore. The deal is seen as a distress sale for Kapil Wadhawan-led financial services group, which used to run the debt-laden DHFL. This and more news on News Blast.

Flipkart former CEO Sachin Bansal acquires DHFL General Insurance for Rs 100 croreFlipkart co-founder and former CEO Sachin Bansal has reportedly acquired DHFL General Insurance from Wadhawan Group Capital (WGC) for around Rs 100 crore. The deal is seen as a distress sale for Kapil Wadhawan-led financial services group, which used to run the debt-laden DHFL. With this acquisition, Bansal has entered into insurance business. The investment is also seen as part of his strategy to en...

The deal has been done via Navi Technologies, formerly known as BAC Acquisitions which Sachin Bansal had founded along with IIT-Delhi batchmate Ankit Agarwal after selling his stake in Flipkart

True North will invest Rs 536.25 crore for a 2.44 per cent minority stake in Biocon Biologics India, taking its value to Rs 21,450 crore, or around $3 billion

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Apollo Munich Health Insurance has been renamed as HDFC ERGO Health Insurance (HDFC ERGO Health) and will operate as a subsidiary of HDFC

Mukesh Ambani is expected to shed his executive tag and become non-executive chairman of Reliance Industries in compliance with the Securities and Exchange Board of India (Sebi) guidelines if they come into effect on April 1, as scheduled

To keep fit, Dupuis started practicing with inline roller blades in Cubbon Park in Bengaluru. There he came across a group of children and adults called Bangalore Skaters, and introduced ice hockey to them

Continuing its previous session rally, share price of YES Bank rose as much as 5.21 per cent to hit an intraday high of Rs 48.45 against previous closing price of Rs 46.05 on the BSE

According to property consultant firm ANAROCK, about 5.76 lakh units, launched in 2013 or before across budget segments, are stuck in various stages of non-completion in the top seven Indian cities

Harappa's founders Pramath Raj Sinha and Shreyasi Singh will continue to lead and build the Delhi-based learning institute

Delhi assembly election 2020: Electors can carry smartphones at polling stations in 11 assembly constituencies for accessing QR codes from the voters' helpline app if they forget to get voters' slip to the booth

YES Bank share rose up to 4.10% to Rs 46.95 compared to the previous close of Rs 45.10 on BSE

Even as banks lower their NPAs for the year, new areas of stress are emerging that may create headaches for the financial sector and the RBI

The Godhwanis and others allegedly made fraudulent payments from Malvinder's Ligare Aviation Ltd to their own entities using fake invoices for fictitious expenses

Mumbai Central-New Delhi, New Delhi- Patna, Allahabad-Pune, Dadar-Vadodara, Howrah-Chennai, Howrah Patna are some of the routes being explored by Niti Aayog and Indian Railways