Red Corner Notice against Nirav Modi soon: CBI

New Delhi, June 20 : The Interpol will soon issue a Red Corner Notice (RCN) against diamond jeweller Nirav Modi, who is one of the accused in the Rs 13,500 crore Punjab National Bank fraud, officials said on Wednesday. A Central Bureau of Investigation (CBI) official said that “we have expedited the process to issue […]

Competition Commission gives conditional nod for Bayer-Monsanto deal

New Delhi, June 20 : Fair trade watchdog Competition Commission of India (CCI) has approved the acquisition of Monsanto by Bayer AG, subject to conditions designed to remove anti-competitive effects from the deal, the government announced on Wednesday. A Corporate Affairs Ministry statement here said that the CCI acted on a notice received from German […]

Bank Of Maharashtra CMD arrested in Rs 2,043 cr fake loans case

Pune, June 20 : In a major swoop, the Economic Offences Wing (EOW) here arrested Ravindra P. Marathe, the Chairman and Managing Director of Bank of Maharashtra, and six others in a case of around Rs 2,043 crore fraudulent loans extended to Pune’s DSK Group, an official said here on Wednesday. The EOW has also […]

Solarisation launched for Delhi gurdwaras with 1.5 MW plant

New Delhi, June 20 : In a novel initiative by a religious institution, a 1.5 mega watt peak (MWp) rooftop solar plant was inaugurated at the Gurdwara Rakab Ganj in the heart of the capital by Union Power Minister R.K. Singh on Wednesday. The plant, capable of supplying 1,500 kilowatt peak (KWp) of solar electricity, […]

IKEA showcases product range for children

Hyderabad, June 20 : Ahead of the launch of its first India store here, Swedish home furnishings company IKEA on Wednesday held a workshop to give insights into how it builds its product range for children. The session ‘Living with children’ provided a sneak peek into IKEA India’s plans for its children’s range. The workshop […]