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Yes Bank Scam: ED attaches assets over Rs 2,800 crores of Rana and Wadhwans

Yes Bank Scam: ED attaches assets over Rs 2,800 crores of Rana and Wadhwans

New Delhi: The Enforcement Directorate on Thursday tweeted of having attached properties and assets estimated at Rs 2,200 crores in connection with the alleged scam at Yes Bank.The assets and properties belonged to former Chief of Yes Bank, Rana Kapoor and also those of DHFL promoters Kapil and Dhee...

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Zoom India not flattered with JioMeet's alleged imitation

Zoom India not flattered with JioMeet's alleged imitation

Mumbai: Imitation is certainly not the best form of flattery. At least not when it comes to copying user-interface of a popular app.For those unaware, JioMeet, officially unveiled the first-look of its app a few days ago, inviting social-media flak for being eerily similar to Zoom app.There is a pro...

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India may sell stakes in this bank and Coal agency to raise 20,000 crores: report

India may sell stakes in this bank and Coal agency to raise 20,000 crores: report

New Delhi: A report on Wednesday claims that India could be selling stakes in a large mining entity and a bank with an objective of raising Rs 20,000 crores.The Finance Ministry is yet to comment, however, anonymous officials have been quoted as saying in the <i><a href="https://www.bloombe...

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Covid-impact? PM Modi says India is already seeing green-shoots of recovery

Covid-impact? PM Modi says India is already seeing green-shoots of recovery

New Delhi: Indian Prime Minister Narendra Modi on Thursday side-lined fears of a Covid-induced stress in the economy at a global event.Speaking at the virtual conference - Global India Week to be attended by 5,000 leaders, Modi said green-shoots of economic recovery were already visible. "The econom...

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Nucleus Software Exports announces award for lending software

Nucleus Software Exports announces award for lending software

New Delhi: Nucleus Software on Thursday announced that it won an award for its lending product.  In a note the company announced that the FinnOne Neo tool was ranked number 1 by IBS Intelligence.  The note further read, "Over the last two decades, Nucleus Software's flagship lending soluti...

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Volatile Gold refuses to hold, hits another milestone

Volatile Gold refuses to hold, hits another milestone

Mumbai/New-Delhi: Gold rates on Wednesday rallied off in yet another bullish session.  Gold futures for August were up by Rs 706 or 1.12 percent on the Multi-Commodity Exchange, racing off to a high of Rs 49,348 per ten grams.  Merchant rates hovered around Rs 49,122 to Rs 49,500 per ten g...

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US-China Visa restrictions erupt over Tibet

US-China Visa restrictions erupt over Tibet

Washington and Beijing on Tuesday were reported of implementing ways to make their individual visa policies more restrictive. The restrictiveness is not over Covid but Tibet.Uncle Sam's new visa policies have been criticized for their severe restrictions. From shutting doors on foreign workers to a ...

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Vizag Gas Leak: LG Chemicals CEO, and 11 others arrested over gas leak

Vizag Gas Leak: LG Chemicals CEO, and 11 others arrested over gas leak

Visakhapatnam: 12 officers including the South Korean CEO of LG Polymers have been arrested by India in connection with a deadly Styrene gas leak that occured on May 7.Sunkey Jong, the South Korean CEO for LG Chemicals, the parent for LG Polymers has been arrested within hours from the Andhra Prades...

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Buying a new phone? Hold your cart for Samsung's August 5 launch day

Buying a new phone? Hold your cart for Samsung's August 5 launch day

Buying a new phone this monsoon season? You better hold from buying until August 5 which is barely a month away. Samsung, the South Korean technology major, has lined-up a grand launch on some of its products for a launch on this day.Among the prominent smartphones that consumers can lap up are the ...

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Gold Outlook: Is all truly well for Bullion in July?

Gold Outlook: Is all truly well for Bullion in July?

The world is facing a crisis of lives and livelihoods that seems to be compounding with every passing day. Distressing statistics of Covid-19 fatalities and mounting unemployment pop up on our TV and mobile screens. And yet financial markets seem to signal that "all is well".Well, this is a classic ...

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