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17 November, 2018 10:51 PM Probe Agency Attaches Assets Worth 8 Crore Over Illegal Cash Deposits

The Enforcement Directorate (ED) has attached immovable properties and balances lying in banks accounts worth Rs 8.12 crore under Prevention of Money Laundering Act (PMLA ) in a case pertaining to illegal cash deposits during the demonetisation period in Bank of India, in Gaya, Bihar. The ED has already attached properties worth Rs 6.38 crore in this case. The total 60

17 November, 2018 9:35 PM IIT Dropouts Among 9 Arrested In Multi-Crore Fraud Case In Hyderabad

The CEO of the company, its two directors and six others have been arrested and their bank accounts totalling Rs 40 lakh have been seized, the police said. Nine people, including some IIT dropouts, have been arrested in connection with a Rs 30 crore Multi Level Marketing fraud case, police said. The CEO of the company, its two directors and six others 61

17 November, 2018 1:55 AM Train 18, India's First Engine-Less Train, To Go On Trial Run Today

Train 18, the fully air-conditioned train, driven by a self-propulsion module, can run at a speed of up to 160 kmph and comes with technical features for enhanced quick acceleration. The first trial run of the country's engine-less train will be conducted today on the Bareilly-Moradabad section. "Train 18", developed by the Integral Coach Factory and seen as a successor 39

16 November, 2018 1:37 PM Rajasthan Assembly Polls 2018: Tonk to see exciting clash between Sachin Pilot & Ajit Mehta

Rajasthan's Tonk assembly constituency is set to witness an interesting poll fight between Congress state unit chief Sachin Pilot and the BJP's sitting MLA Ajit Singh Mehta. The northern state will go to polls on December 7. Mehta had won the seat, which has a sizeable number of Muslim voters, in the 2013 assembly elections with a margin of over 30,000 votes 60

16 November, 2018 11:07 AM Volkswagen To Deposit Rs. 100 Crore With Pollution Board: Green Court

The National Green Tribunal today directed Volkswagen to deposit an interim amount of Rs. 100 crore with the Central Pollution Control Board (CPCB) in a case related to allegations against the German auto major for using 'cheat device' in emission tests of its diesel vehicles. A bench headed by NGT Chairperson Justice Adarsh Kumar Goel also formed a committee 62

16 November, 2018 9:51 AM GVK Power and Infrastructure gets shareholders' nod to raise Rs 8,000 cr

GVK Power and Infrastructure on Friday said that it has got shareholders' approval to raise up to Rs 8,000 crore. The resolution to raise the funds, by a combination of various options listed on the agenda of the annual general meeting (AGM) held on Wednesday, has been passed by the requisite majority, the firm stated in a BSE filing on Friday. The company 55

16 November, 2018 6:10 AM Rama Paper Mill Standalone September 2018 Net Sales at Rs 48.56 crore, up 54.72% Y-o-Y

Net Sales at Rs 48.56 crore in September 2018 up 54.72% from Rs. 31.38 crore in September 2017. Quarterly Net Profit at Rs. 2.73 crore in September 2018 up 153.47% from Rs. 5.10 crore in September 2017. EBITDA stands at Rs. 6.12 crore in September 2018 up 302.65% from Rs. 3.02 crore in September 2017. Rama Paper Mill EPS has increased to Rs. 2.82 in September 40

16 November, 2018 3:59 AM Infosys gains 1% post co appoints Jayesh Sanghrajka as interim CFO

Shares of Infosys gained 1 percent in the early trade on Friday after company appointed Jayesh Sanghrajka as interim CFO. The company has appointed Jayesh Sanghrajka as the interim chief financial officer (CFO) and key managerial personnel of the company with effect from November 17, 2018, company said in release. The current CFO, MD Ranganath, will step down on November 50

15 November, 2018 12:38 PM In The Last Four Years KCR's Assets Increased By 41% To Rs. 22.61 Crore

Telangana caretaker Chief Minister K Chandrasekhar Rao's total asset has increased by about 41 per cent to Rs. 22.61 crore in the last over four years and even though his party's symbol is a 'car', he does not own one, his election affidavit reveals. The Telangana Rashtra Samiti (TRS) supremo filed the affidavit along with his nomination papers on Wednesday 47

15 November, 2018 5:00 AM Vodafone Idea Reports Net Loss in Maiden Quarterly Earnings

Vodafone Idea on Wednesday reported a consolidated net loss of Rs 4,973.8 crore for the July-September quarter. The company, in its maiden quarterly result after the merger of Vodafone India and Idea Cellular, reported a total income of Rs 7,878.6 crore during the second quarter of the current fiscal year ending March. The second-quarter earnings include 51