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BusinessToday.In
New Delhi, March 18, 2020
A probe into debt-laden Coffee Day Enterprises Ltd (CDEL) is likely to reveal that at least Rs 2,000 crore ($270 million) is missing from the company's accounts, according to a Bloomberg report; RIL's business has been affected by coronavirus outbreak as well as the crash in crude price. The company has lost Rs 4.4 lakh crore market value over the last three and a half months. But Reliance Industries chairman Mukesh Ambani is taking several measures to counter the effects of the virus on RIL; All the restrictions imposed on the troubled Yes Bank will be lifted at 6 pm today. Customers will be able to access full banking services from March 19. All ATMs are fully stocked and there is no need for panic withdrawals say, officials. Watch this and more on News Blast.Daily News Podcast: India grossly under-tested on coronavirus, say experts


BusinessToday.In
New Delhi, March 18, 2020
Indian banks to appeal for relief on bad loans amid coronavirus concernsThe coronavirus pandemic has sparked concerns about a fresh surge in bad loans at India's lenders, and the industry body representing the banks plans to appeal to regulators to provide some reprieve in bad-debt classification, as reported by Reuters. The appeal to the Reserve Bank of India (RBI) will be made via the Indian Banks' Association.India grossly under-tested on coronavirus, say expertsThe official nu...


BusinessToday.In
New Delhi, March 17, 2020
Prepared by former CBI official Ashok Kumar Malhotra, the draft report could give details of how funds worth up to Rs 2,000 crore went missing from Coffee Day Enterprise's accounts 


Ajita Shashidhar
New Delhi, March 3, 2020
Ever since Quincey took over reins of company in 2017, he's been talking about going hyper-local, not just by offering local Indian beverages but also by growing Indian agri-ecosystem for next five years


BusinessToday.In
January 6, 2020
Stocks in the news: ITI Ltd, Biocon Ltd, HDFC Bank, Sagar Cements, Coffee Day, Avenue Supermarts among others are the top stocks to watch out for Tuesday's trading session


BusinessToday.In
New Delhi, December 31, 2019
The year 2019 was full of developments for India's business and economy. From Nirmala Sitharaman presenting her maiden budget, the dream of a $5 trillion economy, CEO exits to money laundering cases and a Nobel for economics, India's business world saw it all. India's GDP growth slipped to its lowest in six years and the economy went into a slowdown. The Ratan Tata-Cyrus Mistry battle unfolded with Cyrus Mistry getting reinstated. Watch the video for all the business news of the year.Also read: How 350 differently-abled persons bagged jobs in skilled rolesAlso read: Gold vs Sensex: Which gave better returns in last 10 years?


BusinessToday.In
December 12, 2019
Share Market LIVE : On Thursday, Tata Motors, SBI, YES Bank, Tata Steel, Vedanta were among the top gainers. ONGC, Bharti Airtel, Bharti Infratel, HCl Tech and Infosys were among the top losers.    


BusinessToday.In
New Delhi, December 11, 2019
While Sharma in his resignation letter cited \"other preoccupations\" as reasons for his inability to continue with the role, reports say it has been done to comply with the RBI norms


BusinessToday.In
New Delhi, November 25, 2019
Paytm plans to pump in the money on merchant expansion in both online and offline modes as well as to make an aggressive push in the financial services business


BusinessToday.In
New Delhi, November 21, 2019
These tweets and warnings come after scores of Paytm users registered complaints with the company's cyber cell and the RBI ombudsman over fraudulent claims


BusinessToday.In
October 15, 2019
The buzz is that the investors include Ant Financial, one of Paytm's earliest backers, and Softbank Group Corp, which had pumped in $1.4 billion last year, the largest fund infusion by a single investor in a desi start-up


BusinessToday.In
October 11, 2019
Paytm Payments Bank (PPB) also notified a new fixed deposit (FD) scheme which offers customers an interest rate of up to 7.5% on deposits through its partner bank.


BusinessToday.In
October 7, 2019
Paytm plans to remain private until it builds on its business and takes it to the next level, said Paytm founder and CEO Vijay Shekar Sharma.


BusinessToday.In
September 18, 2019
In a regulatory filing to the exchanges, the Coffee Day Enterprises said that it had signed definitive agreements with Blackstone Group and Bengaluru-based real estate developer Salarpuria Sattva Group for investment in GV Techparks Private Limited, a wholly-owned subsidiary of Tanglin Development Limited (TDL).


BusinessToday.In
September 17, 2019
The sale of Global Village Tech park reportedly involves an initial payment of Rs 2,000 crore in the coming weeks while the remaining Rs 700 crore will be paid within the next one year. This is CDEL's first major divestiture in a bid to pare down its Rs 4,970 crore debt.


BusinessToday.In
September 9, 2019
This development comes less than a month after CDEL, owner of cafe chain Cafe Coffee Day, sold Global Village Tech Park to Blackstone. The company has been trying to divest its assets to pare its debts since the death of its founder, VG Siddhartha.


Chitranjan Kumar
New Delhi, September 4, 2019
According to latest data available with exchange, Edelweiss and Indusind Bank, the lenders to troubled Gonibedu Coffee Estate, invoked entire 5.24 per cent of the CDEL shares, the promoter company had pledged with them


BusinessToday.In
New Delhi, August 26, 2019
Gangaiah Hegde was suffering a head injury and was in coma for some time. His cremation will take place in Chikmagalur district at around 4:30 pm today


PTI
Benagluru, August 26, 2019
According to police sources, water was found in Siddhartha's lungs and his death was due to drowning.


PTI
August 26, 2019



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