The Enforcement Directorate has arrested a manager of a Kotak Bank branch in New Delhi in connection with its money laundering probe in a criminal case of detection of nine alleged fake accounts with deposits worth Rs 34 crore post demonetisation.
A cracker blast killed one person and injured four others in north Delhi's Naya Bazar area on Tuesday setting off panic among the people in the wake of high alert in the city, even as police ruled out any terror angle in it.
'In two years there will be consolidation. Look at the Indian brands now. Only three of us are surviving, many others have died. What will differentiate us are two things -- timing of our launches in the market and the communication to the consumer," Narendra Bansal, CMD of Intex, tells Arnab Dutta.