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HDFC Bank joins SBI, Kotak; slashes home loan rates by 5bps
Maruti Suzuki's service network crosses 4,000 outlet-mark in India; 208 workshops added in FY21
Serum to supply 110 million doses of AstraZeneca Covid-19 vaccine globally under COVAX
COVID-19 vaccine: UK to get 10 million doses of AstraZeneca jab from India
Cipla's Gulf arm to market, sell 4 biosimilar medicines in NZ, Australia
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Motorola's upcoming smartwatch may use Snapdragon Wear 4100 processor
Realme bets on 108MP camera tech for upcoming Realme 8 Pro
Best recharge plans from Airtel, Jio and Vi with 56 days validity detailed
Redmi Note 10 Pro Max specifications, images leak ahead of March 4 launch
Man claims iPhone X exploded in his pocket, sues Apple for second-degree burns
OPINION
MSME funding: How FinTechs can help address credit gap for small businesses
Real estate in post-COVID era: 5 trends defining the growth of luxury housing in India
Rebooting Economy 70: The Bombay Plan and the concept of AatmaNirbhar Bharat
'Indian education system focusses too much on exams, not learning'
Rebooting Economy 69: What do workers gain from growth and profits?
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Consumer durables see robust growth in 3QFY21
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[ PMC bank case ]
Results 1 to 21 of 222
Share Market Highlights: Sensex ends 1,030 points higher, Nifty at 14,982; banking stocks lead gains
BusinessToday.In
February 24, 2021
Stock Market Updates Today: Sectorally, except for IT and pharma index, all the other indices ended with decent gains. Private, PSU Bank and financial indices closed 3% higher today.
Noida man duped of Rs 9 lakh for job, permanent residency in Canada
BusinessToday.In
February 20, 2021
The victim of cyber fraud, Rohit Sood, claimed that a person called Trisha Watson called him up in September 2020 and said she was representative of the firm. The firm said that his CV had been shortlisted
Xiaomi reclaims No 1 position, Samsung slips to second spot
Rashi Bisaria
New Delhi, January 28, 2021
Aditya Birla Fashion buys 51% stake in Sabyasachi for Rs 398 crore Aditya Birla Fashion and Retail Limited (ABFRL) has signed a definitive agreement to buy 51 per cent stake in designer brand Sabyasachi for Rs 398 crore. The deal is expected to be closed in late-February or mid-March, the company said in a regulatory filing. Meanwhile, the ABFRL platform will complement brand Sabyasachi on its journey to becoming a global luxury house out of India Reliance signs $15 million deal with Isra...
YES Bank founder Rana Kapoor arrested by ED in another money laundering case
BusinessToday.In
January 27, 2021
The Bombay High Court had on Monday refused to grant bail to Kapoor.
HDIL diverted Rs 160 crore from PMC Bank to firm owned by Maharashtra MLA family: ED
Munish Chandra Pandey
January 22, 2021
ED claims that HDIL allegedly siphoned off Rs 160 crore to many companies belonging to Viva Group on garb of commission
PMC Bank case: Sanjay Raut's wife reaches ED office for questioning
PTI
January 4, 2021
The ED had summoned Varsha Raut in connection with the alleged transfer of funds from the accounts of Pravin Raut, an accused arrested in the Punjab and Maharashtra Cooperative (PMC) Bank fraud case
Better asset quality to boost banks' credit, earnings growth in FY22: ICRA
Chitranjan Kumar
December 28, 2020
ICRA expects net non-performing assets (NNPAs) of the banks declining to 2.5 per cent by March 2022 from estimated 3.1 per cent as of March 2021 and 3 per cent for March 2020
Bihar wins Digital India award for transferring money to beneficiaries' accounts during COVID-19
PTI
December 28, 2020
The Chief Minister Secretariat, the Disaster Management Department besides the National Informatics Centre (NIC) of the state have jointly been chosen as winners in the \"pandemic category\" Digital India Awards 2020
PMC Bank case: ED summons Sanjay Raut's wife for questioning on Dec 29
BusinessToday.In
December 28, 2020
Sanjay Raut's wife Varsha was first summoned on December 11. This is the third summons issued to her after she skipped the earlier two on health grounds. If a person skips three summons in a row then the ED can take legal and judicial action against the person
CBI books Hyderabad-based firm for alleged bank fraud of Rs 7,926 crore
BusinessToday.In
December 19, 2020
The country's premier investigation agency has named Transstroy, its chairman-cum-managing director Cherukuri Sridhar and additional directors Rayapati Sambasiva Rao and Akkineni Satish in the FIR and alleged that loans were misappropriated by the directors
'Unplanned lockdown' did not win Covid battle in 21 days but destroyed lives: Rahul
PTI
December 19, 2020
The country's COVID-19 case tally had surpassed the 20 lakh-mark on August 7, 30 lakh on August 23 and 40 lakh on September 5
Centre mulls setting up bad bank among other options to improve banking sector: DEA Secretary
PTI
December 19, 2020
Tarun Bajaj was responding to a query on whether the government would consider setting up of a bad bank as a one-time measure for reducing the burden of Non-Performing Assets (NPAs) of the public sector banks
Rebooting Economy 49: Who needs corporates to run banks and how will it help Indian economy?
Prasanna Mohanty
December 2, 2020
RBI panel's proposal to allow big corporates/industrial houses to own and run banks and NBFCs is contrary to RBI's own earlier stand, economic logic and historical evidence of multiple economic crises caused by reckless private financial sector players
RBI appoints AK Dixit as new administrator of PMC Bank
BusinessToday.In
September 22, 2020
PMC Bank's present administrator Jai Bhagwan Bhoria has stepped down on September 22 due to health reasons
Dairy firm Kwality, ex-promoter booked in Rs 1,400 crore bank fraud case
Dipak Mondal
September 21, 2020
CBI has named Kwality Ltd's ex-promoter Sanjay Dhingra, and other company executives in the case
Bill Gates on climate change; TikTok headed for a ban in US
BusinessToday.In
New Delhi, September 19, 2020
Microsoft co-founder Bill Gates in an interview has reiterated his concern for climate change ; In what may come as the most surprising turn of events, the US has said it will ban TikTok and WeChat from the app stores; PMC Bank scam: ED attaches 3 hotels in Delhi worth Rs 100 crore. Watch this and more news on News Blast.
Parliament passes bill to cut salary of MPs by 30% for one year
BusinessToday.In
New Delhi, September 19, 2020
PMC Bank scam: ED attaches 3 hotels in Delhi worth Rs 100 croreThe Enforcement Directorate (ED) on Friday attached three hotels in Delhi valued at around Rs 100 crore under Prevention of Money Laundering Act (PMLA), 2002 in connection with the PMC Bank fraud case. The three hotels that have been attached by the agency belong to the Fab Hotels group and are located in Kailash Colony, East of Kailash and Kalkaji areas of the national capital.Parliament passes bill to cut salary of MPs by 30% ...
Calcutta HC orders ouster of Harsh Vardhan Lodha from MP Birla group companies
BusinessToday.In
September 18, 2020
The court order means that Harsh Vardhan Lodha ceases to hold all positions in the MP Birla Group, including his role as director on the boards of MP Birla companies, listed entities Vindhya Telelinks Ltd, Birla Cables Ltd and Universal Cables Ltd
PMC Bank scam: ED attaches 3 hotels in Delhi worth Rs 100 crore
BusinessToday.In
September 18, 2020
The three hotels, that have been attached by the ED, are owned by Libra Realtors Pvt Ltd, Deewan Realtors Pvt Ltd, Rakesh Kumar Wadhawan, Romy Mehra, Libra Hotels Pvt Ltd and its directors
Banking Regulation (Amendment) Bill: How RBI will ensure safety of depositors' money in cooperative banks
BusinessToday.In
September 17, 2020
Moving bill in Lok Sabha, Finance Minister Nirmala Sitharaman says government was compelled to come out with an ordinance as condition of cooperative banks is \"grave\"; as many as 277 urban cooperative banks have reported losses in 2018-19 fiscal, she adds
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