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ED raids 26 locations in ABG Shipyard bank fraud case

The Enforcement Directorate on Tuesday raided multiple premises in Mumbai, Pune and Surat in connection with a money laundering probe against ABG Shipyard Ltd in an alleged Rs 22,842 crore bank......

Maharashtra among states to delay CBI probe into ABG Shipyard: Govt

The government on Tuesday said investigations in the ABG Shipyard case were delayed because some state governments including Maharashtra had withdrawn the agency's power to probe and their approval......

June credit card spends remain above Rs 1 trn

Credit card spends in June, although down marginally month-on-month (MoM), remained above the Rs 1-trillion mark for the fourth consecutive month. Illustration: Uttam Ghosh/Rediff.com In June,......

ICICI Bank, Indian Bank hike lending rates

ICICI Bank, the second-largest private sector lender and state-owned Indian Bank on Monday raised their lending rates across all tenors in anticipation of a rate hike by the RBI later this week.......

5G auction receives bids worth Rs 1.49 lakh cr on Day 2

India's auction of the 5G spectrum, capable of offering lag-free connectivity and ultra-high speed internet, has garnered Rs 1.49 lakh crore worth of bids so far as the sale stretched to the third......

Attrition continues to hit margins at top-tier IT companies in Q1FY23

A quick look at the Q1FY23 performance of top-tier IT services players shows that they are still far away from getting a grip on managing attrition. Photograph: Adnan Abidi/Reuters Talent......

Prices of consumer items have spiked up to 32% in a year

Consumer-focused companies have been left with few options but to increase the prices of their products as input costs mount because of various factors, including supply chain disruptions.......

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