The sale of the 10 hospital properties to Fortis Healthcare will help Khorakiwala repay the Rs 500 crore (Rs 5 billion) debt on Wockhardt Hospital's books.
'Several businesses like entertainment, hospitality, travel etc would never be the same again.'
China's state-run Sichuan Airlines has suspended all its cargo flights to India for 15 days, causing major disruption to private traders' efforts to procure the much-needed oxygen concentrators and other medical supplies from the country despite Beijing reiterating its readiness to help India to deal with the latest surge of COVID-19 cases.
Special judge Sangeeta Dhigra Sehgal on Tuesday deferred a decision on former Samajwadi Party leader and member of Rajya Sabha Amar Singh's bail hearing in the cash-for-votes scam to Thursday.
'Once the lockdown is lifted, we will see some pickup in demand.' 'And my sense is that it will be a long walk this time given that we have lost three months of economic activity.'
With banks struggling to cope with rush to get alternative currency, the government has extended use of old defunct Rs 500 and Rs 1,000 notes for paying household utility bills, fuel, taxes and fees and purchases from co-operative stores till November 24.
The cap of Rs 10,000 on daily withdrawal has also been removed.
Around 2,500 engineers and 45,000 cash management employees step up efforts to complete the target of recalibrating 12,500 ATMs every day.
While the interest from Hinduja is a positive sign for the grounded airline, executives of banks cautioned that there is no certainty that the deal will fructify. The cost of recapitalising Jet Airways is increasing every day.
The poor can't withdraw their money from their bank account and other Indians live in constant fear of their money getting stolen by unscrupulous hackers, says Syed Firdaus Ashraf.
Two days after being discharged from hospital, Rajya Sabha MP Amar Singh, an accused in the 2008 cash-for-vote scam case, has moved a Delhi court seeking its permission to go abroad for treatment of his kidney ailment.
Now that cashless is once again the national buzzword, Harjot Singh Narula explains what you must know about cashless treatment under health insurance plan
Nearly 7,000 paramilitary forces have been deployed in the affected areas of the northeast district since Monday.
A group of four-five 'Nihangs' (Sikhs armed with traditional weapons and dressed in loose blue top) were travelling in a vehicle and they were asked to stop at a vegetable market by the Mandi board officials at around 6.15 am, police said.
'India is nowhere near the peak of the infection given its large population of 1.3 billion'
The proposed lockdown, sans present relaxations, will be implemented from June 19 to 30 and on two Sundays (June 21 and 28) there shall be a full scale shutdown without any relaxations.
Crores of new currency notes continue to tumble out of lockers and hidden locations as authorities conduct raids and searches across the country.
Around 81 per cent of the workers constitute the unorganised sector - devoid of any social security cover and outside the purview of a complex set of labour laws.
In a daring daylight heist, two unidentified armed assailants looted a cash van of around Rs 1.5 crore after allegedly killing an ATM security guard in Kamla Nagar area of North Delhi on Saturday morning.
Later, there may be some tax relief aimed at the middle class and measures to benefit the sectors worst hit by Covid-19 and the resultant nationwide lockdown.
ICICI Prudential has tied up with the healthcare service provider to enable investors in its ICICI Prudential Savings Fund use the money seamlessly for medical purpose.
In a blow to the prestige of the saffron brigade, Bharatiya Janata Party's national vice president Mukul Roy along with son Subhranshu, rejoined the Trinamool Congress on Friday, with Bengal Chief Minister Mamata Banerjee and other leaders of the state's ruling party welcoming the prodigal back to the fold.
When faced with a medical emergency, you pay cash or use your credit card, instead of asking why the hospital is not accepting your cashless medical insurance.
The aide, Dayashankar Agnihotri, was injured in his leg in retaliatory firing by police after he tried to attack them and flee, the official said, adding that no police personnel was hurt. Police have also taken into custody the sub-divisional officer (SDO) and another employee of the power sub-station from where electricity supply was interrupted on the intervening night of Thursday-Friday at the time of the police raid at Dubey's house in Bikru village.
The bodies of four terrorists, killed in the Pathankot terror attack four months ago, were buried on Wednesday at an undisclosed location in the garrison city.
The beneficiaries of the second set of announcements are expected to be micro, small, and medium enterprises, farmers, women, poor, migrant workers, and other marginalised sections of the society, reports Arup Roychoudhury.
'These villages have never seen a communal dispute, let alone communal violence.' 'Are attempts to create a communal divide acceptable to the MP administration?'
Retailers are also demanding that home delivery across all forms of retail should be allowed to ensure a level playing field.
'The financial sector's performance in the first two quarters was a revelation.' 'It clearly showed the clean-up had been done in the past one-and-a-half years and that capital brought in was significantly stronger.'
Includes those dealing in high-value property and petrol pump owners
News of all that's transpired on and off the football field.
I-T heat on thousands of firms for unusual cash deposits.
The government on Tuesday night announced that Rs 500 and Rs 1,000 will be no longer legal tender after November 8, midnight. Here are the details you need know
While most experts suggest the government loosen its purse strings and not worry about the fiscal deficit in a pandemic impacted year, it will be a tightrope walk for the government to increase spending without going overboard.
Check out some of the stocks that will react on the basis of their numbers in the near term.
Open loop pre-paid cards come with a two-factor authentication. One for ATMs and PoS transactions, and the other for online transactions
Dr Anthony Fauci has been named as Chief Medical Adviser to the President on COVID-19, while Dr Rochelle Walensky has been named as Director of the Centers for Disease Control and Prevention; and Dr. Marcella Nunez-Smith as COVID-19 Equity Task Force Chair.
Any unexpected expense can disturb the finely-balanced budget of middle-class individual. That's when a motor insurance policy comes as a saviour
Gupta, 56, was a Rajya Sabha member and was minister for steel in the United Progressive Alliance government.
Waseem Shah, who was wanted in various terror-related cases, was killed along with Naseer, another local boy who had joined the insurgency in May this year.
