A senior IDBI Bank official allegedly conspired with businessman Vijay Mallya for sanction and disbursement of loan to the latter's Kingfisher Airlines, the Central Bureau of Investigation said in its supplementary chargesheet filed in a Mumbai court. Mallya is an accused in the alleged Rs 900-crore IDBI Bank-Kingfisher Airlines loan fraud case, which is being probed by the CBI. The Central agency had recently filed a supplementary chargesheet before a special CBI court.
Non-release of the film in West Bengal and a late release in Tamil Nadu has resulted in a loss of at least Rs 10 crore-Rs 15 crore and that's the margin by which it would stay under the lifetime total of The Kashmir Files eventually.
Samsung on Monday launched its 'Note 5' in the country priced at Rs 53,990.
The acquisition of stake in Progress Energy Resources Corp for 1 billion Canadian dollars ($900 million) mark IOC's maiden entry into North America.
The railways has initiated a high-level probe into the train crash in Odisha to be headed by the commissioner of railway safety, South Eastern Circle.
The group is developing one property each in Mumbai, Goa and Rajgarh in Madhya Pradesh on its own. It also has partnership projects in Bangalore and Hyderabad.
E-commerce major Amazon will host Prime Day - its annual sale event - in India on July 15-16. The company will launch over 45,000 products from over 400 Indian and global brands. The announcement of the Prime Day event in India comes at a time when 900 workers at Amazon UK plan to strike for three days (July 11-13).
The limited availability of flexible (flex)-fuel vehicles in the Indian market and the slow rollout of ethanol-blended petrol by oil-marketing companies (OMCs) remain major obstacles to achieving widespread use of biofuels in the transportation sector in India. Recently, two Union ministers have emphasised India's biofuel potential, arguing that it has the capacity and potential to lead a transition towards widespread biofuel adoption. Road Transport Minister Nitin Gadkari signalled that this transition is well underway and urged car manufacturers to quickly adapt and introduce new biofuel-run vehicles, lest the government resort to taxing diesel vehicles.
Swedish furnishing major IKEA, part of the Ingka Group, is inviting its investment arm - Ingka Investments - to India, a senior company executive said during an interaction in New Delhi. The move suggests that the group is looking at India as a priority market. The areas of investments being considered by Ingka Investments could range from taking stake in companies across sectors such as renewables, recycling, real estate, and software which synergise with IKEA's broader retail requirements.
Its flexibility and portability makes cleaning your house a fun and effortless task, says Khalid Anzar.
The Axis Bank share sale was launched on Thursday in an indicative price band of roughly Rs 1,290 to Rs 1,357 a share.
Officials said security personnel, including those from paramilitary forces, have been deployed to keep a strict vigil. Security at inter-state and inter-district borders has also been tightened, they said.
The company's total debt is Rs 5,500 crore (Rs 55 billion) as of December 31, 2012.
Quoting data collected from various sources, officials closely monitoring the situation here said that .303 rifles, Medium Machine Guns (MMG) and AK assault rifles, carbines, Insas Light Machine Guns (LMG), Insas rifles, M-16 and MP5 rifles were reported to be missing from the armouries of the police in May.
The train crash on Friday, involving the Bengaluru-Howrah Superfast Express, the Shalimar-Chennai Central Coromandel Express and a goods train, is one of the deadliest such accidents since independence.
Rising crude oil prices and muted passenger traffic in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24) have raised concerns about the profitability of listed aviation players. These two concerns have caused the stock of InterGlobe Aviation (IndiGo), the largest player in the sector, to slip by 11 per cent since its highs at the end of July. Nuvama Research expects yields to cool down in the near term due to seasonality, rising crude oil prices, and higher capacity.
India's first Android-powered mobile HTC Magic has Bharti Airtel as its exclusive carrier and is priced at Rs 29,900. "The handset would be available in the Indian market in the first week of July... We are confident of the product doing well and expect to sell about 25,000 units in the next four-five months," said HTC India Country Manager Ajay Sharma. HTC Magic is a touchscreen handset equipped with a 3.2-inch screen, 3.2 megapixel camera and has 3G capabilities.
'Hygiene is very bad, there is no medicine and there is no electricity.' 'I fear that there will be a breakout of some disease.'
The pig, in the northeastern province of Liaoning, was 2.5mt in length, had a 2.23mt waistline and a tusk 14.4cm long when it died on February 5.
The hoardings have photos of Pilot and Bharatiya Janata Party MP from Jodhpur and Union Minister Gajendra Singh Shekhawat and a line 'Why are you silent on Sanjivani scam Pilot ji? People want an answer'.
You can now avail of special airfares to New York.
Centre mulls strategy to ensure powers given to the agencies are not misused.
Investors in Ranbaxy Laboratories got richer by over Rs 1,900 crore (Rs 19 billion) in a single day as the scrip surged by a little over 20 per cent on the Bombay Stock Exchange on Monday, a day after the pharma major announced a change of guard at its top management level.
India's number one tennis player Sumit Nagal is left with less than Rs one lakh in his bank account and a morose feeling of not leading a good life.
The US has ordered Tata-group owned Air India to pay a whopping $121.5 million as refunds and $1.4 million as penalties for extreme delays in providing refunds to passengers due to the cancellation or change in flights, mostly during the pandemic, officials said. Air India is among the six airlines that have agreed to cough up a total of over $600 million as refunds, the US Department of Transportation said on Monday. Air India's policy of "refund on request" is contrary to the Department of Transportation policy, which mandates air carriers to legally refund tickets in the case of cancellation or change in flight, officials said.
Both Note 3 and Gear will be available in 100 stores in Delhi, Mumbai and Bangalore from Tuesday.
The affected vehicles were produced in Japan between 2004 and 2013.
The Note 7 features 5.7-inch display, 12MP rear and 5MP front camera, 64GB onboard memory and 3,500 mAh battery
There are over 1.36 lakh employees, including employees and pensioners under the new pension scheme.
Shastri expects Gill to outdo Kohli's seemingly impregnable record
Three senior executives have resigned from Byju's at a time when the most valuable edtech company has been trying to address challenges such as due diligence issues, legal battles with lenders, challenges in raising fresh capital, and a markdown in its valuation by investors. Prathyusha Agarwal, the chief business officer of Byju's, has quit, according to sources. They said Himanshu Bajaj, business head of Byju's tuition centres, and Mukut Deepak, business head for Class 4 to 10, have also moved on.
Tata Power declared encouraging results for the April-June quarter (Q1) of the 2023-23 financial year (FY24). The firm's revenue rose 5 per cent year-on-year (Y-o-Y) to Rs 15,210 crore. It was driven by higher sales to distribution companies (discoms) and capacity addition in renewables. Company's adjusted profit after tax (PAT) rose 3 per cent to Rs 906 crore with reported PAT at Rs 1,100 crore on a one-time gain of Rs 235 crore.
'I was in the US, where I met top executives of HP and Dell, and they are very keen to come to India.' 'Acer and ASUS have also evinced interest.'
Prime Minister Narendra Modi will address a gathering of Indian Americans from across the US in Washington on June 23 on the role of diaspora in India's growth story, an eminent community leader has said.
Indian celebrities and politicians ranging from Bollywood mega stars Amitabh Bachchan, Shah Rukh Khan and Salman Khan to Congress leader Rahul Gandhi and several chief ministers lost verified blue ticks on their Twitter accounts after Elon Musk's microblogging site started removing check mark icons from accounts that did not pay Rs 650 per month subscription fee.
'My wife, family members as well as members of the workers will be trustees.' 'The trust will take all decisions -- no family member can individually take any decision.'
The National Stock Exchange of India (NSE), which is still awaiting regulatory approval for its initial public offering (IPO), is now planning to streamline the process of buying the unlisted stocks of the company, thereby reducing the time taken for such deals from about four months to just a week. The management of India's biggest stock exchange has affirmed that it is working to reduce the time taken. According to the analysts, certain approvals required at present from NSE for buying stocks, are adding to the processing time.
Several users of Meta's Facebook are complaining losing majority of their followers on the social media platform due to unknown reasons. Meta founder and CEO Mark Zuckerberg has lost over 119 million followers which has brought down his follower count to below 10,000.
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