Deepak Kochhar Faces Preliminary Probe In ICICI Bank-Videocon Loan Matter

The CBI will decide on the basis of the preliminary enquiry or PE whether there is a ground to file an FIR against Deepak Kochhar, husband of ICICI Bank’s Chanda Kochhar A preliminary enquiry has been filed against Deepak Kochhar, the husband of ICICI Bank chief executive and managing director Chanda Kochhar, by the CBI […]

Saudi Arabia Won’t Retain Passports Of Indian Crew On Arrival

The move comes as a big relief to the crew of Air India and Jet Airways, the two Indian airlines which fly to Saudi Arabia. The Saudi Arabian government has decided not to retain the passports of the Indian airline crew members on arrival in the country and issue a bar code instead, an Air […]

Crew Allege Strip-Search By Airline, SpiceJet Says It’s Same For Flyers

A video purportedly shot at Chennai airport has surfaced, showing a group of SpiceJet air hostesses complaining about being strip searched. Air hostesses working with no-frills carrier SpiceJet protested at Chennai airport early morning today after they were allegedly strip searched by the airline’s own security personnel. They alleged they have been subjected to strip […]

Baaghi 2 movie review: Tiger Shroff plays to his strengths; Disha Patani’s damsel-in-distress act needs work

I can make my peace with Tiger Shroff packing a few punches against fictitious bad guys and grooving to popular songs that one will probably forget even before they end. It has nothing to do with my tolerance levels, and a lot to do with recognising someone’s core talent. In Tiger Shroff’s case, I’d rather […]

After Report On Trump Threat, Amazon Loses $52 Billion In Market Value

Amazon.com Inc’s shares fell as much as 7 percent on Wednesday, wiping out about $52 billion from the company’s market value, after a report that U.S. President Donald Trump wants to go after the U.S. tech giant. Mr Trump has talked about changing Amazon’s tax treatment because he’s worried about mom-and-pop retailers being put out […]

Mumbai Billionaire Manages Fortunes For Burgeoning New Rich

The Mumbai banker’s $20 billion private-wealth-management unit became India’s biggest by assets and helped make him a billionaire. Nirmal Jain has hit the jackpot serving the new rich in the world’s fastest-growing major economy. The Mumbai banker’s $20 billion private-wealth-management unit became India’s biggest by assets and helped make him a billionaire. The nation’s demographics […]

Sensex Falls Over 500 Points, Nifty Below 10,200: 10 Points

The Nifty fell 174 points to hit day’s low of 10,185 in late afternoon deals. Here are 10 things to know about Friday’s trading session: Brokers said persistent selling by investors and capital outflows by foreign funds and a weak trend in Asian bourses, due to increased concerns over the prospect of a global trade […]

PNB Detects New Fraud At Mumbai Branch: Report

The new alleged fraud of around Rs.9.1 crore involves officials of a little known company called Chandri Paper and Allied Products Pvt Ltd, CBI said. Punjab National Bank (PNB) has uncovered more suspected credit guarantee fraud within the Mumbai branch at the centre of a similar alleged scam worth over $2 billion, according to a […]

India Considering Barring 91 Defaulters From Going Abroad

Public anger against Modi’s administration is mounting after two prominent jewelers left the country just before their alleged involvement in the nation’s biggest bank fraud came to light. India has compiled a list of people it is considering barring from leaving the country because of their involvement with companies that have defaulted on loans, a […]

Nirav Modi Scam “One-Off” Case: SBI Chief Rejects Privatisation Calls

New Delhi: The demands for privatization of national banks, triggered by the massive 11,000 crore fraud at the Punjab National Bank involving celebrity jeweller Nirav Modi, has been rebutted by State Bank of India chairman Rajnish Kumar. In an interview to NDTV, Mr Kumar has defended the record of public sector banks and asked if […]