Day: December 4, 2020

CBI searches 3 locations in Delhi in Rs 1,800-crore bank fraud case

7:28 pm December 4, 2020

New Delhi: The CBI on Friday carried out searches at three locations here after booking Jay Polychem Ltd in a Rs 1,800-crore alleged bank fraud in the State Bank of India, officials said. The agency has received a complaint from the SBI against the Lajpat Nagar-based company and its promoters and directors for causing a loss of Rs 1,800.72 crore to […]

COVID-19 vaccination drive after scientists’ nod: PM Modi

4:39 pm December 4, 2020

New Delhi : Prime Minister Narendra Modi on Friday said that experts believe that the wait for a COVID-19 vaccine will not be long and it may be ready in a few weeks, asserting the vaccination drive in India will begin as soon as scientists give the nod. In his remarks here at an all-party meeting held […]

Flipkart expands benefits for sellers under 'Growth Capital' programme

Flipkart unveils ‘2GUD Local’ to bring popular offline retailers, shopping destinations online

4:36 pm December 4, 2020

New Delhi: Flipkart’s independent value-driven platform, 2GUD on Friday said it has launched ‘2GUD Local’ aimed at extending the benefits of e-commerce to traditional retail businesses. The new format will offer offline stores, brands and shopping destinations an opportunity to unlock the benefits of technology and the social commerce hybrid retail model to reach millions […]

Sebi orders attachment of bank, demat accounts of Aspen Industries, 4 others

4:33 pm December 4, 2020

New Delhi: Markets regulator Sebi has ordered attachment of bank and Demat accounts of Aspen Industries and four others to recover Rs 2.84 crore. The recovery proceedings have been initiated against them after they failed to repay investors’ money as directed by the Securities and Exchange Board of India (Sebi) in July 2017. The company raised funds […]

Gadkari inaugurates national highway projects in Nagaland

4:29 pm December 4, 2020

New Delhi: Union Minister Nitin Gadkari on Friday inaugurated a major national highway project in Nagaland and laid the foundation stone for 14 others entailing a total cost of about Rs 4,127 crore, the government said. The Road, Transport, Highways and MSMEs Minister said 55 highway projects worth Rs 11,711 cr were approved for the […]