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Lliquor baron Vijay Mallya on Friday claimed his group’s properties worth over Rs 13,000 crore have been attached, more than the ‘claimed’ Rs 9,000 crore that he “ran away with” asking where is justice and how far will it go. “Every morning I wake up to yet another attachment by the DRT (debt recovery Read More…
Reuters said that the Ministry of Corporate Affairs will look into allegations against Dewan highlighted by Cobrapost. The report further said that the government had already launched its probe. This news bought today crash, and DHFL’s shares have now tanked by 30% over the last four days. The company’s stock is now trading at Read More…
BJP Senior leader and former Finance Minister of Modi Cabinet who undergoes treatment at USA been divested of his charges and his finance portfolios been handed over to Piyush Goyal who is presently taking care of railways and coal A day after the CBI named banking doyen K V Kamath and key players of Read More…
Services of state-owned banks are expected to be impacted Wednesday due to a nation-wide strike call given by unions to protest against the proposed amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda. This will be the second bank strike in less than a week. Last Friday (December 21), an officers’ Read More…
Justice Vibhu Bakhru of Delhi High Court rejected the petition by the All India IDBI Officers Association, which had opposed the move of Life Insurance Corporation (LIC) on the ground that change in shareholding could take away the public sector bank status of IDBI. The association was concerned that taking away public sector status Read More…
Aadhaar card may no longer be mandatory for holding bank accounts but the State Bank of India wants to make sure that all the existing internet banking accounts are linked to the holder’s phone number. And people who have not yet linked their phone number with their bank accounts will be unable to use net Read More…
Bank cashier was shot dead and three persons were injured after some unidentified people entered a bank in southwest Delhi’s Dwarka on Friday and fled with over Rs 2 lakh, police said. Police were informed about firing at a Corporation Bank branch in Khaira village at 3.45 pm, they said. Six masked people entered the Read More…
Paytm’s parent firm had raised $30 million from SAIF Partners, Intel Capital, Silicon Valley Bank and SAP Ventures among others since 2007. In 2010, the company had filed for an initial public offering but shelved the plan after receiving regulatory clearance Alibaba and its payment unit Alipay together would have close to 40 per cent equity Read More…
Today Apex court said it wasn’t mandatory to link Aadhaar to bank accounts or mobile numbers, but that that the identification was compulsory for the filing of I-T returns and for the allotment of Permanent Account Numbers (PAN). It said no child can be denied benefits of any schemes if he or she can’t produce Read More…
The CBI and the ED have booked Vadodara-based Sterling Biotech , its directors Nitin, Chetan and Dipti Sandesara, Rajbhushan Omprakash Dixit, Vilas Joshi, chartered accountant Hemant Hathi, former Andhra Bank director Anup Garg and unidentified persons for cheating banks of Rs 5,000 crore. Related to this case the ED arrested Delhi-based businessman Gagan Dhawan and Read More…