State-owned lender Central Bank of India (CBI) is plans to raise capital up to Rs 5,000 crore in the financial year 2019-20 through various modes, including rights issue and FPO, to meet... Read more »
The Interpol has issued a Red Corner Notice against absconding diamantaire Nirav Modi, his brother Nishal Modi and his employee Subhash Parab on the request of the CBI, probing over USD 2... Read more »
Gitanjali Group chief Mehul Choksi exported abysmally low quality goods at inflated prices to dummy companies abroad and the group’s books were manipulated by using third-party remittance system, the ED said in... Read more »
Fugitive tycoon Vijaya Mallya has sought the Karnataka High Court’s permission to let him and his holding firm UBHL sell their assets under judicial supervision and repay creditors, including state-run banks. “UBHL... Read more »