Thursday, December 26, 2024

BUSINESS/ECONOMY

CBI case against IL&FS Transportation Network Ltd, directors for Rs 6,524 cr bank fraud

The Central Bureau of Investigation (CBI) has lodged a case against IL&FS Transportation Network Ltd and its directors on charges of defrauding 19...

ED raids uncover Rs 125 cr MLM scam; assets worth Rs 18.54 cr seized...

The Enforcement Directorate (ED) recently raided the premises of VIPS Group and Global Affiliate Business in Pune and Ahmednagar, which resulted in the...

Edible oil industry told to cut prices by Rs 8 to 12 as global...

The government on Friday directed the edible oil industry to cut retail prices of the essential commodity by Rs 8 to Rs 12...

Why Sahara India Life to go to SBI Life, not ICICI Prudential Life? Unanswered...

For a second time and after nearly six years, the Indian insurance regulator has ordered transfer of life insurance business of Sahara India...

CBI lodges case against IL&FS Transportation network, directors for alleged bank fraud

The Central Bureau of Investigation (CBI) has filed an FIR against IL&FS Transportation Network Ltd and its directors on charges of defrauding 19...

IRDAI transfers life insurance business of Sahara India Life to SBI Life

The Insurance Regulatory and Development Authority of India (IRDAI) on Friday ordered SBI Life Insurance Company Ltd to take over the life insurance...

RBI issues draft directions on digital payment security controls

The Reserve Bank of India (RBI) on Friday issued a draft master direction on cyber resilience and digital payment security controls for payment...

Glamyo Health founders plan to flee, declare bankruptcy: Sacked employee in FIR

Healthtech platform Glamyo Health has laid off at least 160 employees, has not paid workers over the last few months, and is allegedly...

‘Attractiveness of gold depends on US Fed’s moves’

The weakness in the US dollar and the likelihood of the US Federal Reserve hitting the pause button on interest rate hike made...

Aurum acquires Tiger Global-backed home rental firm for about Rs 90 cr

Proptech company Aurum on Friday said it has acquired Tiger Global-backed home rental firm NestAway Technologies for up to $10.9 million (about Rs...