ED arrests Dheeraj Wadhawan in Rs 35k crore fraud
Dheeraj Wadhawan arrested in Rs 34,000 crore DHFL bank fraud case. Linked to Iqbal Mirchi, Ajay Navandar. Used false loans, NPA ‘Bandra Books.’ CBI seized […]
Day: May 14, 2024
HDFC Bank says 6-7 % of overall annual expenses are on tech
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DHFL scam: CBI arrests Dheeraj Wadhawan in Rs 34,000 cr bank fraud case
Former DHFL director Dheeraj Wadhawan arrested by CBI in Rs 34,000-crore bank fraud case from Mumbai, charge-sheeted in 2022. CBI registered the case related to […]
Indian aviation industry loss estimated to stay at Rs 30-40 billion in FY25
ICRA forecasts Indian aviation industry to reduce net loss to Rs 30-40 billion in FY2025 from Rs 170-175 billion in FY2023. Challenges include high ATF […]
Bharti Airtel Q4 net profit plunges 31% to Rs 2,072 crore
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Sri Lanka cabinet approves new economic law to meet IMF targets
As of Tuesday, the Sri Lankan cabinet has given its approval to a new economic law that aligns with the key objectives outlined by the […]
US opens probe into Alphabet’s Waymo over performance of self-driving vehicles
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Coinbase investigating system outage as crypto prices slide
Crypto prices have declined following an outage, with Bitcoin falling 1.8% to $61,975 and Ether dropping 1.4% to $2,913 as recorded at 3:11 pm in […]
IndiGo, India’s largest airline, looks to purchase 100 smaller planes to expand regional network
IndiGo, the largest airline in India, is in discussions with ATR, Embraer, and Airbus to acquire 100 smaller aircraft for expanding regional routes. This move […]
Haldiram Snacks gets bid from world’s largest PE fund Blackstone-led consortium; valuing business at $8.5 billion
Blackstone and its partners are eager to acquire 74-76% of Haldiram Snacks Food Pvt Ltd, valuing the business at $8-8.5 billion (Rs 66,400-70,500 crore). Business […]