1. Business & Economy

Business & Economy

General Electric engaged in ‘bigger fraud than Enron’: Whistleblower

Aug 17, 2019 San Francisco: A whistleblower has accused General Electric (GE) of hiding massive losses by engaging in a $38 billion accounting fraud, which is “bigger than Enron”. In his report this week, investigator…

Gold near record high on recession warnings

Aug 16, 2019 Mumbai: Gold prices surged to near-record high levels yet again on Friday as renewed fears of a possible recession led investors to run for safe haven assets like gold. Gold prices had…

Deep discount: Restaurants delist from online food platforms

Aug 15, 2019 New Delhi: Challenging the deep discounting practices of online food delivery platforms like Zomato Gold and EasyDiner, over 300 restaurants in Gurugram under the umbrella of the National Restaurant Association of India…

Business & Economy

Govt will invest Rs 100 lakh cr on developing infrastructure: Modi

Aug 15, 2019 New Delhi: Prime Minister Narendra Modi on Thursday said his government will invest Rs 100 lakh crore on developing modern infrastructure that will aid in nearly doubling the size of the Indian…

Business & Economy

Exposing get rich quick schemes

By Vishnu Makhijani New Delhi: Get rich schemes – call them what you may – have siphoned off some Rs 7 lakh crore but no one seems to bat an eyelid, laments Aruna Ravikumar, a…

Business & Economy

RIL to set up task force for investments in J&K, Ladakh

Aug 12, 2019 Mumbai: Reliance Industries Ltd (RIL) Chairman Mukesh Ambani on Monday said that the company is committed to support the developmental needs of the new Union Territories of Jammu and Kashmir and Ladakh…

First Hyundai Grand i10 NIOS rolls out of Chennai plant

Aug 11, 2019 Chennai: Car maker Hyundai Motor India Ltd on Monday rolled out its first Grand i10 NIOS at its factory here, the company said. “This is a proud moment for us at Hyundai,…

Amazon starts deploying cute delivery robots in US

Aug 11, 2019 San Francisco: Cute six-wheeled delivery robots from e-commerce giant Amazon are now gradually rolling their way into the Californian neighbourhood. After testing the rebots near the company headquarters located in Seattle, Amazon…

Law

NCLT says it has authority to ban Deloitte, BSR

Aug 10, 2019 Mumbai: In a major blow to the defaulting company IL&FS’ auditors Deloitte and BSR and Associates, the Mumbai bench of the National Company Law Tribunal (NCLT) on Friday said that it has…

Pakistan’s move to suspend trade will hurt it only: TPCI

Aug 9, 2019 New Delhi: Pakistan’s unilateral decision to suspend trade and downgrade diplomatic relations with India on the back of mounting tensions over the abrogation of Article 370 on Jammu and Kashmir, will only…

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