The size of the scam is about Rs 15,000 crore, as per the first information report (FIR) registered by the police in the case.
Apollo HealthCo Ltd (AHL), a subsidiary of Apollo Hospitals Enterprise (AHEL), on Friday entered into a binding agreement to raise equity capital of Rs 2,475 crore from Advent International (Advent), one of the world's largest private equity (PE) players. The transaction will also see the merger of two units under Apollo Healthco - its wholesale pharma distribution unit Keimed Pvt Ltd and online healthcare business Apollo 24'7. The merger will take place in a phased manner over the next 24-30 months.
'For smaller merchants, there should be a process that is digital and a minimum KYC journey should be allowed.'
'I tell those in their 20s that age is on their side and they should start exercising early.' 'Just like investing in good stocks, if they start early, they will get the multiplier effects of being healthy, fit and strong later in life.'
The police said the incident did not appear to be linked with 'any act of terrorism' and that of the five people injured, a boy has died from his injuries and the others, including two police officers, remain in hospital after the attack in Hainault area of the city.
The market capitalisation of BSE-listed companies jumped to a lifetime peak of Rs 404.18 lakh crore on Thursday helped by a five-day rally in benchmark indices, making investors richer by Rs 11.29 lakh crore. Recovering after a sell-off in early trade, the 30-share BSE Sensex climbed 486.50 points or 0.66 per cent to settle at 74,339.44 on Thursday. During the day, it surged 718.31 points or 0.97 per cent to 74,571.25.
State Bank of India, NTPC, Nestle, Sun Pharma, JSW Steel, ITC, Mahindra & Mahindra and HCL Technologies were among the other major gainers.
A remarkable story which helped in transforming a bureaucratic organization, to a customer centric organization. This experience may inspire several government / private organizations to modify or adopt digitisation to transform their business, notes Professor N Ravichandran (retd).
The Confederation of Indian Industry (CII) on Sunday urged Indian startups to keep their valuation "realistic" and distinguish between the goals of the organisation and its founder. "Startups may strive for long-term value creation rather than short-term valuations. "The valuations of businesses should be kept as realistic as possible," CII said in its Corporate Governance Charter for Startups.
DigiLocker, a government initiative for storing documents and verifying credentials online, is gradually replacing the need for paper.
There are students with 10+ years of work experience who have done two-year full time MBA, says rediffGURU Patrick Dsouza.
rediffGURU Ashwini Dasgupta offers handy tips on time management for a stress-free work life.
The fresh meat and seafood delivery startup Licious plans to set up 500 stores nationwide within the next five years as part of an omnichannel strategy. The aim is to attract new users in the offline channel and encourage them to transact online as well. The move would also help the company in its efforts to achieve profitability and go for an initial public offering (IPO) in the next 24 months, according to the sources.
Wearing white and lighter colours will prevent heat retention, thus reducing the risk of heat exhaustion, suggests Dr Karthiyayini Mahadevan.
Intermittent fasting, when not carried out under professional guidance, comes with its fair share of woes and health issues, warns Jashan Vij, a health coach and fat loss expert.
Kotak Mahindra Bank's loan and deposit growth are likely to be affected after the Reserve Bank of India (RBI) asked the private-sector lender not to take on board new customers through the bank's online and mobile banking channels and not to issue any new credit cards, according to analysts. The bank's share price fell 10.85 per cent on Thursday to close the day at Rs 1,643 on the BSE. The RBI's action came after market hours on Wednesday.
Shekhar Kumar, an HR expert, talent, and client acquisition leader at SEPL offers advice on how to grow professionally.
It is important to be wary of sunburn, dizziness, heatstroke, stomach issues and other heat-related illnesses, advises Dr Vidhe Sharma.
'I hold Rohit Sharma in very high regard & am a big fan of his, but I have NEVER DISCUSSED him in any interview.'
The Congress had fielded Bam against sitting BJP MP Shankar Lalwani from the Indore Lok Sabha seat, where polling will be held on May 13.
"If you feel something is right, go for it," says Anamika who also found her match on a dating app.
The poll panel received the complaint from a native of Thiruvananthapuram, they said.
Zaheer not a big fan of Impact Player rule, says it's producing 'half all-rounders'
Kundra, it claimed, received 285 Bitcoins from the mastermind and promoter of Gain Bitcoin Ponzi scam Amit Bhardwaj for setting up Bitcoin mining farm in Ukraine.
The principal commissioner has been made responsible for developing and approving any intelligence, conducting search, and completing investigations and relevant subsequent actions, including at the lower field formations, points out T N C Rajagopalan.
rediffGURU Archana Deshpande, founder, of TransformMe Life Skills Coaching, offers advice on how to improve your soft skills, build confidence and enhance self-esteem.
'And here I was, walking as a showstopper. I couldn't have imagined a more beautiful gift.'
The freedom of press can not be used to violate a person's 'inherent' right to reputation and investigative journalism does not enjoy any special protection, the Bombay high court has said while asking a journalist to remove online articles and videos targeting a businessman.
'Modi must see how we live, what we have to do to educate our children.'
If any pain in the body persists for more than 5-6 days it is always better to show a specialist, recommends rediffGURU Nidhi Gupta.
The Indian Institutes of Science Education and Research, Bhopal (IISER) is inviting applications from science students for its 5-year BS-MS programme and 4-year BS in Engineering Sciences and Economic Sciences.
Fans erupted online, urging the selectors to consider Karthik after his back-to-back blistering performances.
Instead of looking at your personal and professional life as two separate entities, you can 'integrate' them and, at any given time, priortise what's important, suggests rediffGURU Anu Krishna.
'The kind of situation we are seeing...we don't believe that this can happen in a settled democracy like India'
Observing that there is substantial increase in attacks against Hindus and Hinduism in the United States, an Indian-American Congressman warned that this was just the 'beginning of a coordinated anti-Hindu attack'.
rediffGURU Anu Krishna, a mental health coach and NLP practitioner, offers expert advice on how you can take charge of your life.
The selected students (20 seats are available) will undergo coursework followed by research leading to a doctoral thesis under the mentorship of a faculty.
An official source in the Delhi Police said one of the two is suspected to be a criminal from Gurugram who was involved in multiple killings and robberies in Haryana and is wanted in the murder of Gurugram-based businessman Sachin Munjal in March.
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