New Delhi: The Enforcement Directorate (ED) has attached Rs 2,203 crore assets of Yes Bank founder Rana Kapoor, his family, Dewan Housing Finance (DHFL) promoters and others under the Prevention of Money Laundering Act (PMLA) in the Rs 3,700 crore fraud case, according to officials, here on Thursday. The ED had earlier filed a charge-sheet […]
Category: Business
Jio Platforms receives Rs 43,574 cr from Facebook after approvals
New Delhi: Jio Platforms has received Rs 43,574 crore from Facebook, which now owns 9.99 per cent in the company. In a filing with stock exchanges, Reliance Industries Ltd (RIL) said this is further to the announcement on April 22 that Facebook is to invest Rs 43,574 crore in Jio Platforms for a 9.99 per cent […]
Diesel extends gain over petrol in Delhi after 7-day pause
New Delhi: Diesel has extended its gain over petrol in Delhi as oil marketing companies raised its price in the city by 25 paisa a litre on Tuesday after keeping auto fuel prices hanged for the last seven days. With the increase, diesel is priced at Rs 80.78 a litre in the National Capital, up from […]
SC grants interim bail to Unitech promoter Sanjay Chandra
New Delhi: The Supreme Court on Tuesday granted interim bail to Unitech Ltd promoter and former Managing Director Sanjay Chandra, who has been behind bars for nearly three years in the homebuyers’ case. A bench headed by Justice DY Chandrachud allowed Chandra’s release for one month since his parents are not keeping well and are hospitalised. […]
Gold may cross Rs 52,000 per 10 grams by Diwali
New Delhi: The price of gold in the spot and futures markets remained soft for the fourth consecutive day on Monday, but during the corona period the fundamentals of the precious metal are strong due to which it may touch a new high later this year. The demand for the yellow metal may not be […]
Veggies on the rise, prices soar by up to 200%
New Delhi: The prices of food items, including vegetables, have started to skyrocket even as the coronavirus crisis shows no sign of abating. The prices of vegetables, in particular, have increased quite significantly with retail prices of almost all kinds rising from 25 per cent to 200 per cent. The most significant rise has been […]
No flight from six domestic destinations to Kolkata from July 6
New Delhi/Kolkata: Airport Authority of India-run Kolkata Airport on Saturday said that no flights shall operate to Kolkata from six domestic destinations for nearly a fortnight, as of now, from July 6. Accordingly, flight services to the West Bengal capital from Delhi, Mumbai, Pune, Nagpur, Chennai, and Ahmedabad will be suspended from July 6 to […]
International flights to remain suspended till July 31
New Delhi: The Directorate General of Civil Aviation (DGCA) issued a circular on Friday extending the suspension on scheduled commercial international flight operations to and from India till July 31. The development comes exactly a week after the suspension on oversees air services was extended till July 15. The regulator said the validity of the earlier […]
Petrol, diesel prices pause for 4th consecutive day
New Delhi: Fuel prices have gone for a longer pause after rising on 22 of the past 27 days as oil marketing companies (OMC) kept the pump prices of petrol and diesel unchanged again on Friday. In the national capital, petrol price on Friday stood at Rs 80.43 per litre and diesel at Rs 80.53 a […]
Intel Capital invests Rs 1,894 crore in Jio Platforms
Mumbai: Reliance Industries Limited on Friday announced that Intel Capital, the investment arm of chip giant Intel, has invested Rs 1,894 crore in Jio Platforms. Jio Platforms now has an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore. Intel Capital’s investment will translate into a 0.39 per cent […]