Firms/companies
Govt’s Rs2,60,000-cr investment may not save PSU banks from rot
19 Feb 2018
Central agencies have filed an FIR against Rotomac promoter Vikram Kothari for allegedly swindling Bank of Baroda of over Rs800 crore close on the heels of jeweller Nirav Modi’s Rs11,300-cr fraud on Punjab National Bank
Reliance to spearhead $9.3-bn investments in Maharashtra
19 Feb 2018
With huge investments by the Mahindra group besides industrial investments by more than 20 global firms, including Cisco, Siemens, Corning Inc, HP, Dell, Nokia and Nvidia being organised by Reliance Industries, PM Narendra Modi says Maharashtra is all set to become India’s first $1-trillion state
Reliance to spearhead $9.3-bn investments in Maharashtra
19 Feb 2018
With huge investments by the Mahindra group besides industrial investments by more than 20 global firms, including Cisco, Siemens, Corning Inc, HP, Dell, Nokia and Nvidia being organised by Reliance Industries, PM Narendra Modi says Maharashtra is all set to become India’s first $1-trillion state
Mumbai-Pune route may be world’s first to see Hyperloop One
19 Feb 2018
Sir Richard Branson’s Virgin Group has signed an agreement with the Maharashtra government for the Hyperloop One system, which will zip passengers between Mumbai and Pune in under 25 minutes
Daiichi case: thwarted in SC, Singhs may return to Singapore courts
17 Feb 2018
Brothers Malvinder and Shivinder Singh are “evaluating the option to challenge the ... award in Singapore courts” after the Supreme Court upheld a high court verdict that they must pay Daiichi Sankyo $546 million
Daiichi case: thwarted in SC, Singhs may return to Singapore courts
17 Feb 2018
Brothers Malvinder and Shivinder Singh are “evaluating the option to challenge the ... award in Singapore courts” after the Supreme Court upheld a high court verdict that they must pay Daiichi Sankyo $546 million
PNB fraud: net widened; Modi, Choksi passports suspended
17 Feb 2018
By Friday, the ED and CBI had searched 35 locations in 11 states and seized jewellery worth Rs5,100 crore in connection with the Rs11,400 crore ‘fraud’ pulled by jewellers Nirav Modi and Mehul Choksi on Punjab National Bank