He was arrested in an alleged cheating of deposits to the tune of Rs 150 crore
Posts in category Business Standard
Rupee seen weakening due to month-end dollar demand (19-09-2015)
On Friday the rupee appreciated to a one-month high and bond yields fell to an over three-month low
Twitter claims it’s bigger than Facebook (19-09-2015)
It has reported 316 million users in the second quarter – around five times less than Facebook’s figure.
IDFC gets RBI nod for using Rs 2,500 cr reserve as provision (19-09-2015)
With these additional provisions, IDFC’s net worth will reduce by approximately Rs 1,600 crore
Gujarat on high alert again following Hardik Patel’s detention (19-09-2015)
Bans mobile internet and SMS services in the major cities of the state
How fixing Air India can help India (19-09-2015)
The accumulated loss is now more than Rs 44,000 crore ($7.3 billion)-equal to India’s annual health budget, according to data compiled by IndiaSpend
Modi govt needs to take steps on economic reforms, GST: Biswal (19-09-2015)
Adds that creating a more transparent and predictable tax structure is critical
Rate-cut hopes boost markets; Volatility seen ahead of F&O expiry (19-09-2015)
For the week ended September 18, BSE Sensex finished at 26,218.91 levels, up by 608.70 points or 2.38%. The CNX Nifty rose 192.60 points or 2.47% to settle at 7,981.90
Eyes on PMIs for clues after Fed keeps markets guessing (19-09-2015)
China’s manufacturing index will be closely watched for signs of deterioration
Wall Street ends down after Fed stokes global economic fears (18-09-2015)
The three major stock indexes each fell more than 1%, with all 30 Dow components in the red