Search Results for: funds allocated

Chanda Kochhar and her husband Deepak Kochhar

Chanda Kochhar Money Trail-VIII: Dragnet closes in on Chanda & Deepak Kochhar

The source of funds filed with the RoC and the details of the 'investor' has been examined and reported upon the inspection of NuPower, when the emergent details about Shanmuga Housing and Properties Pvt Ltd caught the eye of the investigators

May 17, 2019

Pakistan's health ministry was forced to take up an investigation after a report claimed that children had been infected with HIV. after receiving blood transfusions.

HIV outbreak sparks panic in Pakistan; 400, including kids, tested positive in 2 weeks

Around 20,000 people had tested positive for HIV in Pakistan last year and more than 6,200 people died due to the advanced stage of the disease, AIDS.

May 16, 2019

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Chanda Kochhar Money Trail-V: Videocon's Dhoot complicit in Rs 64 cr payout to Kochhar

The investigators have probable cause and clear collusion between Videocon's Dhoot and Kochhars. The probe agencies have compiled the exact manner of flow of funds and the present status thereof in Videocon Group. Here is the anatomy of the collusive fraud:

May 15, 2019

Jet saga: CEO Vinay Dube, CFO Amit Agarwal resign as airline revival hopes fade

The departure of Chief Executive Vinay Dube comes hard on the heels of the resignation of Chief Financial Officer Amit Agarwal, announced earlier in the day.

May 14, 2019

Chanda Kochhar Money Trail-IV: Ubiquitous Mhatre locked in Kochhar family enterprise

In hot pursuit of the paper trail of family enterprise, two investment companies, Elegant Investrade Pvt Ltd and Daisy Finvest, were used by the Kochhars to further their business interests.

May 14, 2019

Boman Irani supports the cause of education

Boman Irani, along with the foundation will be taking a pledge to help and raise funds for the education of the children.

May 13, 2019

State Bank of India receives 2 unsolicited bids for grounded Jet Airways

Jet, once India's largest private airline, stopped all flights on April 17 after its lenders, led by SBI, declined to extend more funds to keep the carrier going.

May 10, 2019

Why is Zee stock witnessing so much volatility?

Thursday was a day of relief for Zee Entertainment as its stock surged over eight per cent after the company clarified its stance on the concerns raised over the audit of its financial statements.

May 10, 2019

India will divert Pakistan's share of water to Rajasthan, Haryana and Punjab: Nitin Gadkari

This is the second time since the Pulwama terror attack on February 14 that Nitin Gadkari has warned of stopping the water flow into Pakistan.

May 9, 2019

Didi..oh Didi...your slap is blessing for me: PM Modi takes a swipe at Mamata Banerjee at Bengal rally

While addressing a rally in West Bengal's Purulia district, Prime Minister Narendra Modi hits back at Bengal CM Mamata Banerjee saying the slap will become a blessing for him.

May 9, 2019

Naresh Goyal makes another attempt to check into Jet, offers Rs 250 crore

In a communication to Jet Airways' employees, Goyal said that the funds are now available to banks controlling the airline.

May 8, 2019

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Coalition remarks spook market as jittery FIIs flee post-election uncertainty

Indian markets' slide gathers momentum amid BJP leader's remark of the possibility of minority government even as global indices' decline over US-China trade war fears decelerates.

May 8, 2019

Jet Airways threatened with bankruptcy proceedings

No chance of a Jet Airways revival: Government sources

Parties that had initially expressed interest in Jet, which is saddled with roughly $1.2 billion of debt, have so far failed to make firm bids to bail it out, increasing the odds that it could soon face bankruptcy proceedings.

May 6, 2019

reliance communications, anil ambani, rcom debt default, rcom loan default, rcom downgrade, rcom share price, adag, indian telecom sector

How will Anil Ambani raise Rs 14,000 crore needed to save Reliance Capital?

Reliance Capital's cash reserves have dwindled and the firm hit by exposure to other floundering entities of the group is trying to raise funds from asset sales.

May 4, 2019

Fresh wave of NBFC downgrades trigger renewed liquidity crisis fear

In the past few weeks, credit rating agencies have downgraded the rating of certain debt instruments of Reliance Capital firms Reliance Commercial Finance (RCFL) and Reliance Home Finance (RHFL) to "default".