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Former Fortis Head Shivinder Singh Arrested In PMLA Case

Former Fortis Head Shivinder Singh Arrested In PMLA Case

NEW DELHI – The Enforcement Directorate (ED) arrested former Fortis Healthcare promoter Shivinder Singh in a money-laundering case related to alleged misappropriation of funds at Religare Finvest Ltd (RFL), officials said. They said an Enforcement Directorate (ED) team reached the Tihar jail here in the evening and placed Shivinder Singh under arrest as per provisions […]

December 21st, 2019 | Posted in Business | Read More »

Markets Surge 1% Ahead Of China, US Trade Deal

Markets Surge 1% Ahead Of China, US Trade Deal

US stocks hit fresh record levels on Friday after China said first phase trade talks with the US have achieved major progress and that Beijing would cancel tariffs scheduled to take effect on Sunday, Reuters reported. BEIJING – Indian stocks gained on Friday tracking a rally in global markets that were buoyed by expectations of […]

December 21st, 2019 | Posted in Business | Read More »

Silicon Valley Startup CEO Fired For Billing $76,120 For Trips To Strip Clubs

Silicon Valley Startup CEO Fired For Billing $76,120 For Trips To Strip Clubs

The board of Turvo Inc accused the co-founder, Eric Gilmore, of expensing $76,120 at strip clubs over a three-year span and removed him as CEO in May, according to legal filings. SAN FRANCISCO – Scott Lang, the new chief executive officer of Turvo Inc., wants to emphasize an important corporate policy at his startup: Employees […]

December 21st, 2019 | Posted in Business | Read More »

Walmart To Train 50,000 Entrepreneurs In India

Walmart To Train 50,000 Entrepreneurs In India

NEW DELHI – US retail major Walmart would open 25 institute hubs in India in next five years, which would train 50,000 entrepreneurs from the micro, small & medium enterprises (MSME) sector, said a top company official. The company would create Walmart Vriddhi Supplier Development Programme to prepare Indian small businesses to enter global supply […]

December 14th, 2019 | Posted in Business | Read More »

Consumer Confidence In India Weakens, Lowest Since 2014

Consumer Confidence In India Weakens, Lowest Since 2014

India’s consumer confidence survey, where 100 is the dividing line between pessimism and optimism. The future expectations gauge — that takes into account the one-year ahead perceptions — fell to 114.5 from 118.0. NEW DELHI – Consumer confidence in India dropped to its lowest since at least 2014, the year Prime Minister Narendra Modi came […]

December 14th, 2019 | Posted in Business | Read More »

Basmati Exports At 5-Year Low

Basmati Exports At 5-Year Low

CHANDIGARH – Basmati exports from the country fell to the lowest in five years during the first six months of the current fiscal, giving a major jolt to the traders and farmers of Punjab and Haryana. A significant drop in volume to Iran, which constitutes over 30% of the total exports, and stringent norms on […]

December 14th, 2019 | Posted in Business | Read More »

Much Demand From Police Forces For Modified Tesla Cybertruck Including Dubai Police

Much Demand From Police Forces For Modified Tesla Cybertruck Including Dubai Police

Prices of Cybertruck start at $39,900 and max out at $69,900 – significantly lesser than most exotic cars with Dubai Police already. DUBAI – Fighting crime in Dubai has always had a sense of style and flair to it courtesy a long list of super cars that local cops here have. And joining ranks with […]

December 7th, 2019 | Posted in Business | Read More »

Modi Govt Considers Easing Foreign Control Rule To Aid Air India Sale: Report

Modi Govt Considers Easing Foreign Control Rule To Aid Air India Sale: Report

Currently, foreign airlines are barred from buying more than 49% in a local carrier, and foreign investors, other than airlines, need government approval to buy a stake bigger than 49%. NEW DELHI – The government is considering amending a rule to allow overseas control of local airlines, according to a person familiar with the matter, […]

December 7th, 2019 | Posted in Business | Read More »

Mandatory Hallmarking For Gold Jewellery And Registration Of All Jewellers From Jan 2021: Paswan

Mandatory Hallmarking For Gold Jewellery And Registration Of All Jewellers From Jan 2021: Paswan

A notification making it compulsory for all the jewellers to register with the Bureau of Indian Standards (BIS) and sell only hallmarked gold jewellery and artefacts, will be issued on January 15, 2020. The decision will come into effect after a year. NEW DELHI – Hallmarking of gold jewellery and artefacts will be made mandatory […]

December 7th, 2019 | Posted in Business | Read More »

The 4 Most Popular Forms Of Online Entertainment Of Today

The 4 Most Popular Forms Of Online Entertainment Of Today

We have been devoted consumers of all forms of entertainment since the dawn of time. We also happen to be our prime customers – and oftentimes our own biggest critics. In the early days, entertainment was a method of teaching. Everything from history, culture, values, and habits were passed down by elders with the use […]

December 3rd, 2019 | Posted in Business, Entertainment, News | Read More »