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Business

SBI loan fraud: SC permits bank to respond to reply of private firm chairperson accused of fraud

The Supreme Court has permitted SBI to file a rejoinder to the reply of Suman Vijay Gupta, a citizen of the Dominican Republic and chairperson of a Mumbai-based private company, who was stopped from travelling to the UAE because of a case in which she is accused of defrauding the bank of Rs 3,300 crore.

 


Israel's former envoy to India Ron Malka appointed chairman of Adani Group's Haifa port

Ron Malka, former envoy of Israel to India, has said that he has assumed charge as the Executive Chairman of the Haifa Port Company (HPC) owned by a consortium led by the ports-to-energy conglomerate Adani Group.

 


LATEST HEADLINES

Delhi court extends gangster Anmol Bishnoi's NIA custody by 7 days


RBI does not target any band for rupee, allows it to find its own level: Guv Malhotra


Jarkiholi is my colleague, don’t see us as enemies: DK Shivakumar


Ex-minister Ramanath Rai hits out at BJP leader Ashoka for ‘irresponsible’ comments on KC Venugopal


K'taka govt, Taiwan's Allegiance Group sign MoU to establish industrial technology innovation park


CBI books ex-AAI chairman for corruption in contract for food and beverage operator at airports


Cong says LoPs not invited to Putin banquet, takes swipe at Tharoor for accepting invite


Russian drone strike kills 12-year-old boy in Ukraine as peace talks kept under wraps


SC grants bail to man booked under UAPA as chargesheet not filed within stipulated period


Five engineering students killed as car rams into truck in Andhra


No intervention in foundation stone-laying of Babri-style mosque in Murshidabad, says Cal HC


Temple money belongs to deity, cannot be used to save cooperative banks: SC




Oil prices soar on producer output cuts; Asian shares mixed

Oil prices soared more than 5% after Saudi Arabia and other major oil producers said they will cut production by 1.15 million barrels per day from May until the end of the year. Shares in Asia were mixed on Monday and the dollar rose against the Japanese yen.

 

India unveils 'dynamic' foreign trade policy, eyes USD 2 trillion exports by 2030

Union Minister of Commerce and Industry Piyush Goyal unveiled the Foreign Trade Policy for 2023 in the national capital on Friday.

Adani acquires 49 pc in Quintillion Business Media for Rs 48 crore

New Delhi: Billionaire Gautam Adani's AMG Media Networks has acquired about a 49 per cent stake in Raghav Bahl-curated digital business news platform Quintillion Business Media Pvt Ltd for about Rs 48 crore.

 

Maruti Suzuki to hike prices of model range from April

Maruti Suzuki India on Thursday said it will increase prices of its model range in April to partially offset the impact of "overall inflation and regulatory requirements".

Air India makes another voluntary retirement offer for staff

Air India on Friday made a voluntary retirement offer for its non-flying staff, the second such offer by the Tata Group after taking control of the loss-making airline in January last year.

 

Wholesale inflation eases to 3.85 pc in February

The wholesale price based inflation eased for the ninth consecutive month to 3.85 per cent in February on easing prices of manufactured items and fuel and power, showed the government data released on Tuesday.

Fed says it will review supervision of Silicon Valley Bank

The Federal Reserve will review its supervision of Silicon Valley Bank after it collapsed in the second-largest US bank failure on record, the Fed announced Monday.

Sebi investigating market allegations against Adani group companies: MoS Finance

Regulator Sebi is investigating market allegations against Adani group, whose 9 listed companies saw a 60 per cent decline in their market capitalisation between January 24 and March 1, Parliament was informed on Monday.

 

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