Business

Nirav Modi and his uncle Mehul Choksi duped PNB of Rs 14,000 crore through issuance of fraudulent Letters of Undertaking (LoUs), in connivance with certain bank officials.

Girish Gupta is a commerce graduate from Shriram College of Commerce and a qualified chartered accountant from the Institute of Chartered Accountants of India, Fortis Healthcare said in a filing to BSE.

Gopinath, who is currently the John Zwaanstra Professor of International Studies and Economics at Harvard, is a US citizen.

The decision was taken after the government moved National Company Law Tribunal (NCLT) on Monday. The government claimed that the incumbent directors failed to discharge their duties.

After slipping over 60 points, the index gained around 46 points to trade at 36,273.54 points.

With 12 seats in first class, 26 in business and 385 in economy class, the `Jumbo' plane will operate one flight per day each to two major metros from New Delhi between October 16 and October 21.

Industry officials and experts say they expect Indian regulators to cancel the licences of as many as 1,500 smaller non-banking finance companies because they don't have adequate capital, and to also make it more difficult for new applicants to get approv...

Forex dealers said, apart from weakness in the dollar against some currencies overseas despite upbeat US economic data, fresh foreign fund inflows supported the rupee.

Slightly over half the respondents said RBI Governor Urjit Patel and the Monetary Policy Committee would deliver a 25 basis point rise to 6.75 percent at the Oct. 5 policy meeting, with one economist calling for a 50 basis point rise.

Versace's flamboyant styles have invoked collective gasps, perhaps most notably when Jennifer Lopez appeared at the 2000 Grammy Awards in a navel-bearing dress.

IL&FS Financial Services, a group company of IL&FS defaulted on one of its commercial paper (CP) issuances due for repayment on Monday. This was the third default by the company.

Currency in circulation increased from Rs 9 trillion in January 2017 to Rs 19.5 trillion as of September 14 this year. But since the beginning of May 2018, the same has been in the range of Rs 19-19.6 trillion, says the report.

Jio and Star will make all televised India-cricket matches available to users of JioTV and Hotstar in India.

The 30-share index cracked 1,127.58 points, or three per cent, to hit an intra-day low of 35,993.64 on Friday. It, however recovered most of the losses within minutes of the fall. There were wild swings in the market, with the BSE Sensex finally settling...

During the previous sanctions regime, India adopted a barter-like scheme to buy oil from Iran while the Middle Eastern country used rupees to import goods from India.

The Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi approved appointments of 10 MDs and CEOs of state-owned banks.