Since past few years, the central government is leaving no stone unturned to extradite all those businessmen, who fled the country, soon after charges of financial irregularities and fraud were registered against them by probe agencies.
Indian shares closed at a record high on Tuesday, boosted by gains in mortgage lender HDFC and hopes that the country’s emergency approvals of coronavirus vaccines would lead to a quick economic recovery.
Fines of RS 25 crore and RS 15 crore have been imposed on Reliance Industries Ltd (RIL) and Mukesh Ambani, respectively.
India’s financial sector should brace for challenging times ahead with an increased risk of deterioration in asset quality and lower demand for loans, the Reserve Bank of India (RBI) said in a report on Tuesday.
Indian shares closed at record highs on Monday, driven by gains in private-sector lenders, as global sentiment improved after U.S. President Donald Trump approved a pandemic relief package.
BMW Group India today announced the launch of the BMW Facility NEXT in Thiruvananthapuram. EVM Autokraft now represents BMW and BMW Motorrad in the largest sales and service facility in Thiruvananthapuram. Based on the latest BMW Facility NEXT framework, the new facility showcases the exclusive range of both BMW cars and BMW Motorrad motorcycles.
Oil dropped towards $50 a barrel on Tuesday, adding to losses from the previous session, as a new coronavirus strain in the United Kingdom revived concerns over demand recovery.
The US treasury has placed India under the currency manipulator watchlist. It says India intervened in the FX market in a sustained, asymmetric manner.
Mario Draghi, previously president of the European Central Bank, and Raghuram Rajan, the ex-governor of the Reserve Bank of India, headed a Group of 30 study that looked at the response to the crisis.
Indian shares ended flat on Tuesday, recovering from a bout of profit booking earlier in the session following a record-setting rally over the past few weeks, while a fall in shares of Reliance weighed on the indexes.
The proposed deal between Tata Consumer and Coffee Day for acquiring the latter's coffee vending machines business is facing some turbulence.
Burger King IPO allotment: The initial public offering of Burger King India Ltd evoked a massive oversubscription of 157 times. What are the chances of allotment? Will there be a premium on listing?
Indian shares closed at a record high on Monday, with the Nifty rising for a fifth straight session as consumer goods giants Hindustan Unilever and ITC advanced, although losses in private sector lender HDFC Bank capped gains.
Naukri.com and Zomato investor said foreign funds are the new East India Company that are colonising successful Indian startups by transferring ownership abroad to skip Indian regulations and taxes.