Tata Group Chairman Emeritus Ratan Tata has welcomed the Supreme Court's judgement to set aside NCLAT verdict in the five-year-old case between Tata Group and Cyrus Mistry; The Reserve Bank of India (RBI) has extended the restrictions placed on Punjab and Maharashtra Cooperative (PMC) Bank till June 30, 2021; The year of the lockdown was the most challenging year for Railways, said Railways Minister Piyush Goyal. Watch this and more on News Blast.Also Read: Trai lists SBI, HDFC, Kotak Mahindra, LIC among defaulters for not complying with SMS norms

PM Modi visits war memorial, meets Bangladesh leaders, young achievers in DhakaPrime Minister Narendra Modi is on a two-day visit to Bangladesh which coincides with the country's 50th Independence Day celebrations. The Prime Minister was greeted by his counterpart Bangladesh PM Sheikh Hasina when he landed in Dhaka on Friday. While in Dhaka, PM Modi visited the National Martyrs' Memorial, Savar. The Prime Minister paid homage to the freedom fighters who had died in 1971 during the Bangladesh...

RBI said it is engaging with prospective investors in order to secure best possible terms for the depositors and other stakeholders of PMC Bank while ensuring long term viability of the reconstructed entity

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.

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

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...

The Bombay High Court had on Monday refused to grant bail to Kapoor.

ED claims that HDIL allegedly siphoned off Rs 160 crore to many companies belonging to Viva Group on garb of commission

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

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

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

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

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

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

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

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

PMC Bank's present administrator Jai Bhagwan Bhoria has stepped down on September 22 due to health reasons

CBI has named Kwality Ltd's ex-promoter Sanjay Dhingra, and other company executives in the case

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.

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% ...