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Twitter to make content moderation practices more transparent, says Jack Dorsey
PUBG: New State is latest mobile game from creators of PlayerUnknown's Battlegrounds, 5 things you should know
Framework Laptop is a modular laptop that has upgradeable and replaceable parts
Moto E7 Power first sale today: Should you buy it for Rs 8299?
Airtel added most new subscribers due to better mobile network experience than Jio and Vi in 2020, says data
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'Indian education system focusses too much on exams, not learning'
Rebooting Economy 69: What do workers gain from growth and profits?
Are cryptocurrencies the future of money or just fringe players?
Rebooting Economy 68: How private wealth creators are serving Indian economy and people
Surviving COVID: Businesses need to think on their feet; revisit strategies, says Ajay Piramal
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An upsurge in COVID cases in these states and how they plan to combat it
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Three-judge SC bench to decide if day of remand should be included for grant of default bail
PTI
February 23, 2021
The legal issue arose during the hearing of an Enforcement Directorate appeal against a Bombay High Court order granting bail to former DHFL promoters, Kapil Wadhawan and Dheeraj Wadhawan, in a Yes Bank money laundering case being probed by the agency
Reliance signs $15mn deal; Gates on how to stop next pandemic
BusinessToday.In
New Delhi, January 28, 2021
Indian app Chingari to hire pink-slipped TikTok employees; YES Bank founder Rana Kapoor arrested by ED in another money laundering case; Aditya Birla Fashion buys 51% stake in Sabyasachi for Rs 398 crore. Watch this and more news on News Blast.
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...
ED arrests Omkar Realtors Chairman, MD in Rs 22,000 crore SRA scam
BusinessToday.In
January 27, 2021
Kamal Gupta, Chairman of Omkar Realtors and Developers, and Babulal Verma, Managing Director of the firm, have been arrested in connection with the alleged Rs 22,000 crore Slum Rehabilitation Authority (SRA) scam case
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.
Google opening up its spaces to serve as mass COVID-19 vaccination sites: Sundar Pichai
PTI
January 25, 2021
Google's CEO Sundar Pichai says, to help with mass vaccination efforts, starting in the United States, Google will make select facilities such as buildings, parking lots and open spaces available to anyone eligible for the vaccine based on state and local guidelines
HC denies bail to Yes Bank founder Rana Kapoor in money laundering case
PTI
January 25, 2021
The central agency is conducting an investigation against Kapoor, his wife, and their three daughters over a sum of Rs 600 crore received by a firm allegedly controlled by them from an entity linked to scam-hit Dewan Housing Finance Limited
Cox and Kings share falls 3.5%, here's why
BusinessToday.In
November 27, 2020
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
ED arrests Cox & Kings promoter Peter Kerkar in money laundering case
BusinessToday.In
November 27, 2020
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
Yes Bank fraud case: Bombay HC denies bail to Wadhawan brothers
BusinessToday.In
November 4, 2020
The order was passed by Justice SV Kotwal, who had reserved the judgement on October 23, after hearing their bail pleas for three days
Yes Bank aims to cut operational expenses by 20% in FY21
PTI
October 25, 2020
The lender is experiencing delays in loan recovery efforts as big defaulters are approaching courts, its new chief executive and managing director Prashant Kumar said
YES Bank loan case: Cox & Kings, group firms tagged as 'wilful defaulters' for Rs 1,862 cr loans
BusinessToday.In
October 14, 2020
On October 6, ED arrested Anil Khandelwal, CFO of Cox and Kings Group, and Naresh Jain, internal auditor, under Prevention of Money Laundering Act in YES Bank loan fraud case
ED arrests CFO, internal auditor of Cox and Kings in YES Bank loan case
Dipak Mondal
October 6, 2020
ED investigations have detected anomalies between bank transactions and books of accounts of Cox and Kings Group. Anil Khandelwal and Naresh Jain were found responsible for these anomalies
Deepika Padukone drug probe: What's Kwan, the talent agency at the eye of the storm
BusinessToday.In
September 26, 2020
In the years since its establishment, Kwan went on to sign big names in the industry including Hrithik Roshan, Ranbir Kapoor, Sonam Kapoor, Kriti Sanon and Deepika Padukone who has been their exclusive client since 2013
Yes Bank Scam: ED seizes Rana Kapoor's Rs 127 crore London flat
BusinessToday.In
September 25, 2020
The Enforcement Directorate has seized a posh apartment of jailed Yes Bank founder Rana Kapoor situated in Central London
RBI permitted ex-CEO Ravneet Gill to use office car, home for extended period: Yes Bank
PTI
August 20, 2020
The private sector lender said it then applied to the RBI, seeking permission for continuation of use of the requested facilities by Gill
Yes Bank case: Wadhawan brothers granted bail as ED fails to file chargesheet
BusinessToday.In
August 20, 2020
The Dewan Housing Finance Corporation promoters will, however, remain in jail as CBI is still investigating them on the similar charges of money laundering
YES Bank share hits upper circuit of 5% after lender repays Rs 35,000 crore to RBI
BusinessToday.In
August 19, 2020
YES Bank shares trade higher than 5 and 20-day but lower than 50, 100 and 200-day moving averages. Market capitalisation of the firm stood at Rs 39,436 crore as of today's session
The twists and turns of CEO succession at HDFC Bank - Sashidhar Jagdishan wasn't the only choice
Anand Adhikari
August 4, 2020
Sashidhar Jagdishan's appointment as new MD and CEO of HDFC Bank is the culmination of a long search involving multiple candidates
Anil Ambani loses ADAG Mumbai headquarters to YES Bank after Rs 2,892 crore default
BusinessToday.In
July 29, 2020
Anil Ambani-led Reliance group is one of the biggest borrowers of YES Bank with exposure of over 12,000 crore
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