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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

Minor girl kidnapped and raped; main accused and two cafe owners held


Faced criticism from my own community for advocating creamy layer principle: Ex-CJI Gavai


Talks about split coaching surprising, important for people to stay in their domain: Gambhir


Kane scores hat trick and Bayern extends Bundesliga lead to 11 points


Railways announces 84 special trains following IndiGo flight cancellations


No differences of opinion in LDF over PM SHRI, new labour codes: Kerala CM


Will give suitable answer on L&O situation in Karnataka during winter session: Minister Parameshwara


Sri Lanka announces raft of relief for Ditwah-affected; Prez says life restored to normalcy


NIMHANS-like institutes needed across country: Minister Sharan Prakash Patil


Delegation requests for Karnataka HC Bench in coastal districts, hands petition to Chief Justice


Gurugram: Four college students held for night-time thefts of car tyres, rims


Two girls injured in separate wolf attacks in UP's Bahraich




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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