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17 March, 2018 4:49 PM In PNB Fraud, 11 Accused Get Judicial Custody Till March 28

PNB Fraud: The CBI has alleged that the firms controlled by diamond baron Nirav Modi and his uncle Mehul Choksi had obtained fraudulent LoUs and letters of credit (LCs), worth over Rs 13,000 crore from the PNB in connivance with some officials of the bank. Mumbai: A special CBI court in Mumbai today remanded the 11 accused arrested in connection with the multi-crore 18

17 March, 2018 2:10 PM PNB scam: 11 in judicial custody till March 28

Nirav Modi’s firms allegedly defrauded the PNB of over ₹ 6,500 crore, while Mehul Choksi’s firms ₹7,080 crore. A special CBI court here on Saturday, March 17, 2018, remanded in judicial custody till March 28 the 11 accused arrested in connection with the multi-crore Punjab National Bank (PNB) fraud case. The CBI has alleged that the firms controlled 49

16 March, 2018 8:31 PM ATK thump Chennai City 4-1 to qualify for main draw of Super Cup

 2-time Hero Indian Super League champions ATK, came up with a commanding performance to beat Hero I-League outfit Chennai City FC 4-1, in the fourth and final qualifying game of the Hero Super Cup, at the Kalinga stadium in Bhubaneshwar, Odisha. They now move on to the main draw of the tournament beginning on March 31, and will face FC Goa on April 31

15 March, 2018 2:52 PM Flipkart mobile sale: Here's how you can buy an iPhone X at a discount of Rs 9,001

New Delhi: SoftBank Group-backed Indian e-commerce firm Flipkart has begun its ‘Mobile Bonanza’ offer and is keeping several smartphones available on its platform to buy at discounted prices. Among other offers, one of the most highlighted offers is the availability of the Apple iPhone X smartphone at a lower than usual price. It is also the lowest ever price 35

14 March, 2018 11:45 AM Xiaomi Redmi 5 With 5.7-Inch 18:9 Display, Selfie Light Launched in India: Price, Specifications

Redmi 5 has been launched in India by Xiaomi. To recall, the smartphone was first unveiled in China in December alongside the Redmi 5 Plus. The latter was launched in India last month as the Redmi Note 5 and Redmi 5 Pro. Now, the Chinese company has brought the Redmi 5 to India, and made it available exclusively via Amazon India, apart from, the Mi Home stores 54

13 March, 2018 1:52 PM RBI stops use of LoUs for trade credit for imports

The decision to discontinue the practice of Letters of Undertakings and Letters of Comfort for trade finance comes into force with immediate effect, says the RBI In a major decision, the Reserve Bank of India (RBI) on Tuesday banned banks from issuing Letters of Undertaking (LoUs) — instruments used allegedly by diamantaire Nirav Modi and his uncle Mehul 33

13 March, 2018 10:39 AM Advance Income Tax Payment for FY18: Last Date, Details, Mode Of Payment

Income tax cannot be paid without a permanent account number (PAN), a ten-digit alphanumeric number, issued by the income tax department. The last date to pay the fourth and last installment of advance tax for fiscal 2018 is March 15, 2018, said the income tax department. "Thank you taxpayers...your income tax is making it possible for more Indians to access 34

13 March, 2018 10:10 AM Southeast Asian ride-hailing app Grab expands into lending

Southeast Asian ride hailing app Grab is expanding into financial services in partnership with a Japanese credit card company, hoping to offer credit to millions of people without bank accounts. Grab, founded by Malaysian businessman Anthony Tan, said today it will use its "huge cache" of customer data from the app to provide ways to measure creditworthiness 65

12 March, 2018 11:57 AM BITSAT 2018: Last Date For Online Application Extended Till March 19; Apply Now

New Delhi: The last date to register for BITSAT 2018 has been extended. Now, the candidates who wish to appear in BITSAT can apply for the entrance exam till March 19, 2018. Earlier the last date for application was March 13, 2018. The application link will be closed at 5:00 pm on the last date of registration. The registration can be done on the official 47

9 March, 2018 8:47 PM PM Modi Holds Bilateral Meets Ahead Of Solar Alliance Summit

Heads of the states from 23 nations including France, Australia and Sri Lanka will attend the first International Solar Alliance Summit on March 11. New Delhi: Prime Minister Narendra Modi on Friday held a series of bilateral meetings with the heads of three nations ahead of the founding conference of the International Solar Alliance. PM Modi met Faure 157