The Supreme Court has sought responses from the Centre, the CBI and others on a plea filed by a 78-year-old retired banker who was duped of Rs 23 crore after allegedly being put under "digital arrest" for nearly a month.
A retired banker in Delhi lost his entire life savings, amounting to Rs 23 crore, to cyber fraudsters who posed as ED and CBI officers. The victim was kept under 'digital arrest' for over a month and forced to transfer funds under duress.
Debt-ridden firm Reliance Capital on Monday objected to the proposed 33.12 per cent stake sale of Prime Focus Ltd (PFL) by Credit Suisse to PFL's promoter group at Rs 44.15 per share. Anil Ambani's Reliance Group company Reliance Capital in a statement termed the proposed transaction as a blatant abuse of the purported rights by Credit Suisse under certain lending agreements with the RCAP Group. However, Reliance Capital did not share the details of the "blatant abuse of the purported rights".
State Bank of India has received the permission from the Chinese Government to lend in the local currency -Yuan, a top official said on Thursday
Coffee chain Cafe Coffee Day plans to launch flavoured water in 2007. The company has already extended its brand Coffee Day to packaged drinking water.
Cafe Coffee Day would be the single point vendor to supply food and beverages to the Air Deccan passenger.
Cafe Coffee Day, a division of Amalgamated Bean Coffee Trading Company Ltd, plans to open 50 outlets in the overseas markets this year, besides expanding its chain from 200 to 500 by the year 2007.
India's retail cafe chain major Cafe Coffee Day on Thursday announced that it planned to go global by opening at least 50 cafes in ten cities overseas, including in Europe, by June next year.
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