Companies don't have to be in the field to nudge people to return money they owe lenders.
Top Indian industrialist Ratan Tata has returned as a board member of East West Centre, a prominent American think tank.
Local residents say until about two months ago, this board carried the name of Motorola, which once had a manufacturing unit in Sriperumbudur, 40-odd km from Chennai in Tamil Nadu. In May 2020, Luxshare Precision Industry Co, a China-headquartered AirPods and iPhone assembler, had entered into a deal with the Tamil Nadu government to take over the defunct Motorola unit.
Wisconsin-based Dr Arvind Ahuja, a board certified neurosurgeon, wire transferred and maintained millions of dollars in bank accounts in India and the Bailiwick of Jersey at The Hongkong and Shanghai Banking Corporation Ltd, according to the indictment.
'... To ensure that the vast Indian Ocean Region remain peaceful.'
Debt-ridden telecom operator Vodafone Idea on Tuesday approved the allotment of equity shares worth Rs 16,133 crore to the government, which post-allocation has become the largest shareholder with a 33.44 per cent stake in the company. The shares have been allocated to the government in lieu of conversion of interest dues arising from deferment of adjusted gross revenue and spectrum auction payments, the company said in a regulatory filing. "...it is hereby informed that the board of directors of the company has, at its meeting held today approved the allotment of 16,133,198,899 equity shares of face value of Rs 10 each at an issue price of Rs 10 per equity share aggregating to Rs 161,331,848,990 to the Department of Investment and Public Asset Management, Government of India," the filing said.
Sebi on Thursday barred 45 entities, including actor Arshad Warsi, his wife Maria Goretti and others, from the securities market in cases related to manipulating the share prices of two companies through uploading misleading videos on YouTube channels. The cases pertains to uploading misleading videos on YouTube channels and recommending investors to buy the shares of Sadhna Broadcast Ltd and Sharpline Broadcast Ltd. Apart from the couple, some of the promoters of Sadhna Broadcast have been restrained from the securities market for their involvement.
Olympic high jump champion Dick Fosbury, who revolutionised the event with a radically different jumping technique that was eventually named after him, died on Sunday aged 76.
IMAGES from Day 1 of all the action from the Wimbledon Championships played at the All England Lawn Tennis and Croquet Club, London, on Monday.
A controversial Indian-American physician in the United States has been arrested on fraud charges for prescribing abortion-inducing drugs to patients who were not pregnant.
Due to the huge pile-up of visa applications, the US consular officers in the neighbouring country are now adjudicating Indian visa applications where interview requirements have been waived.
The IPL franchises are now expanding their bouquet of teams across leagues in the West Indies, UAE, South Africa and now the US is another untapped market that wasn't explored despite the Asian diaspora craving for some cricket.
'Yellow Bus is a heart-breaking story based on a real incident and will strike a chord with mothers across the world.'
Unlike any other business, banking is a turf where the captain's role is the most critical. Often a bank is defined by the personality of the CEO who runs it. Both HDFC Bank and Kotak Mahindra Bank are the creation of their CEOs, notes Tamal Bandyopadhyay.
Ahluwalia, 41, was not allowed to board the Aeromexico flight from Mexico City to New York on Monday.
Andreessen made a objectionable tweet about India after Trai ruled against Facebook's free but restricted internet programme
But Ruud, a semi-finalist last year, stamped his authority in the tiebreak and did not face a single break point in the match as he beat the Canadian for the second time this year.
IMAGES from Day 8 of the action at the US Open at USTA Billie Jean King National Tennis Center at Flushing Meadows in New York on Monday.
Nearly a month after MV Seam Guard Ohio, a ship owned by an American security firm and headed to Sierra Leone, was intercepted in Indian waters, authorities are no closer to finding answers to any of the questions they have about the ship and its mysterious crew members.
Former Formula One supremo Bernie Ecclestone was arrested in Brazil late on Wednesday for illegally carrying a gun while boarding a private plane to Switzerland.
Republican presidential nominee Donald Trump should not be elected as the next United States president as he is "unfit" for the post and makes "crude generalisations" about nations and religions, Washington Post and New York Times said in their editorials.
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Thirty-three crew members of an American firm owned ship were on Friday arrested by Tamil Nadu police on charges of illegally carrying arms and ammunition and straying into Indian territorial waters without proper authorisation.
An American national was attacked and robbed of her mobile phone in the ladies' compartment of a local train in Mumbai on Sunday.
Board has also accepted the resignations of Marans.
India's historical focus on its continental borders has overshadowed its maritime ambitions, but that is changing quickly, notes Ajai Shukla.
Indian-American Amit Priyavadan Mehta has been confirmed by the US Senate as a federal judge in the District of Columbia, becoming the first Asian Pacific American to occupy this important position.
The four Majors to trial 10-point tiebreak in final set starting with Roland Garros.
When the founder and CEO of MakeMyTrip.com, Deep Kalra, spoke of his plans to expand the company's offline retail stores, the American board members of the Nasdaq-listed online travel firm found the idea revolutionary.
Happily, it does not require the world to hold a mirror up for us. We can look at ourselves and understand easily if we choose to be honest about where we find ourselves three quarters of a century after Independence, asserts Aakar Patel.
The Reserve Bank has restricted American Express Banking Corp and Diners Club International Ltd from on-boarding new domestic customers onto their card networks from May 1 for violating data storage norms. The order will not impact the existing customers of these two entities, the central bank said in a statement on Friday.
Software major Tata Consultancy Services on Wednesday reported a 14.8 per cent rise in net income to Rs 11,392 crore for the fourth quarter of last fiscal against Rs 9,959 crore in the year-ago period. The country's largest technology services company by market value said its revenue rose 16.9 per cent to Rs 59,162 crore during the reporting season from Rs 50,591 crore a year ago.
'There are people who loved the show and people who have been shocked by it.'
US retail chain Walmart is awaiting a decision by its board decision on its India strategy, including its partnership with the Bharti group.
Holding that Air India's conduct appeared to be 'unprofessional', aviation regulator Directorate General of Civil Aviation (DGCA) on Thursday issued notices to the officials and crew of the New York-Delhi flight, asking why action should not be taken against them for 'dereliction' of duty while handling the November 26 'urination' incident.
As the second season of The Night Manager hits the OTT screen, Deepa Gahlot looks back at the top spy thrillers on streaming platforms.
Volkswagen is under huge pressure to act, with its shares down more than a third in value since the crisis broke, and the bad news still coming.
The US military has intensified its efforts to collect the remnants of the high-altitude surveillance balloon from China that floated over the United States over several days last week from Montana to South Carolina.
This is the first time that Ayurveda course will be provided in number of medical schools in form of a short course covering the important aspects of Ayurveda.
The Securities and Exchange Board of India (Sebi), the market regulator, has said, in a submission to the Supreme Court, that it is "enquiring" into the allegations made by American short-seller Hindenburg Research against the Adani Group of companies and its impact on the markets. In the same matter, the central government has agreed to form an expert committee to strengthen the regulatory regime in order to ensure that market investors are protected. The Supreme Court had last week suggested an expert committee to look into the allegations and had asked the Centre for its response.
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