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Mumbai, March 30 – The benchmark indices Sensex and Nifty experienced a sharp decline in early trading on Monday as the ongoing conflict in West Asia continued to rattle markets globally, driving up crude oil prices.Further, the continued outflow of foreign funds also contributed to the...

Ranchi, March 27 – The Enforcement Directorate (ED), Ranchi Zonal Office, has filed a charge sheet under the Prevention of Money Laundering Act (PMLA), 2002, against four individuals accused of laundering illicit proceeds linked to corruption in coal transportation.The complaint was submitted...

Bhubaneswar, March 25 – The Odisha Police have arrested a man from Kolkata in connection with a multi-crore online investment scam in which a businessman from Cuttack was cheated of over Rs 12.33 crore, a senior Crime Branch official said on Wednesday.The 36-year-old accused, identified as...

New Delhi, March 21 Private sector lender Axis Bank has announced a partnership with the DP World Professional Golf Tour of India (DP World PGTI) as its official banking partner.This collaboration marks a significant step towards strengthening the growth of professional golf in India while...

Mumbai, March 19 The benchmark indices in the Indian stock market, Sensex and Nifty, fell in early trading on Thursday after a three-day rally, following a sharp increase in crude oil prices and weak global trends.Furthermore, continued outflows of foreign funds also dampened market sentiment...

Bhopal, March 18 – The Enforcement Directorate (ED), Bhopal Zonal Office, has provisionally attached 11 immovable properties worth Rs 20.59 crore belonging to M/s Jayshri Gayatri Food Products Pvt Ltd and its Managing Director, Kishan Modi, under the Prevention of Money Laundering Act (PMLA)...

Mumbai, March 18 The benchmark indices Sensex and Nifty in the Indian stock market ended nearly 1 per cent higher on Wednesday, extending their winning streak to the third day in a row, amid a slight drop in crude oil prices and a firm trend in global markets.A rally in IT stocks also...

New Delhi, March 18 Axis Bank announced on Wednesday that it has approved a proposal to inject ₹1,500 crore into its NBFC arm, Axis Finance Ltd (AFL), through a rights issue over the next year to fund business growth.The Acquisitions, Divestments and Merger Committee of the bank's Board of...

Bhopal, March 16 – The Enforcement Directorate's Bhopal Zonal Office has arrested Kishan Modi, a key individual linked to M/s Jayshri Gayatri Food Products Pvt Ltd, in a major money laundering case involving the production and export of adulterated dairy products.The arrest was made on March...

Mumbai, March 15 A consumer commission in Nagpur, Maharashtra, has criticized Axis Bank for "deficiency in service", directing it to provide a refund and pay Rs 10,000 as compensation to a customer who lost Rs 5,000 in a failed ATM transaction eight years ago.The District Consumer Disputes...

New Delhi, March 14 The National Consumer Disputes Redressal Commission (NCDRC) has directed Axis Bank to pay Rs 3.19 crore to a Delhi-based logistics company, holding the bank liable for "deficiency in service" for refusing to accept demonetized currency notes for deposit during the 2016...

Mumbai, March 11 The benchmark indices of the Indian stock market, Sensex and Nifty, ended nearly 2% lower on Wednesday after a day of recovery following a surge in crude oil prices amid rising tensions in the Middle East.In addition, sustained outflows of foreign funds and selling in shares...

Mumbai, March 11 Benchmark indices Sensex and Nifty declined in early trading on Wednesday after a day of relative calm amid ongoing tensions in the Middle East and continued outflows of foreign funds.Weakness in blue-chip bank stocks also contributed to the decline in the markets.The...

New Delhi, March 9 – The National Highways Authority of India (NHAI)-sponsored Raajmarg Infra Investment Trust (RIIT) announced on Monday that the initial portion of its upcoming IPO will be allocated exclusively to domestic investors.The anchor book will open for subscriptions on March 10...

New Delhi, March 3 A Delhi court has dismissed the bail plea of an alleged kingpin in an over Rs 8.94 crore bank fraud case, saying that the offense was serious and committed in a systematic manner through layered transactions.Additional Sessions Judge Shunali Gupta rejected the bail...

New Delhi, March 2 At least three banks and six schools in the national capital received bomb threats via email on Monday, which were later declared a hoax after extensive searches, officials said.The Delhi Fire Services said that calls regarding bomb threats started coming in around 8.20 am...

New Delhi, March 2 At least three banks and six schools in the national capital received bomb threat emails on Monday, prompting authorities to dispatch multiple security teams to the premises and conduct intensive checks, officials of the Delhi Fire Services said.Among the banks that received...

New Delhi, February 27 Anupam Rasayan India, a manufacturer of specialty chemicals, announced on Friday that it had completed the acquisition of US-based Jayhawk Fine Chemicals Corporation for approximately USD 150 million, as it seeks to expand its global presence and move towards end-use...

Mumbai, February 23 The benchmark equity indices, Sensex and Nifty, closed higher on Monday, driven by gains in PSU bank, auto, and financial stocks, as investor sentiment improved after the US Supreme Court struck down the Trump administration's sweeping tariffs.The 30-share BSE Sensex rose...

Mumbai, February 23 The benchmark indices Sensex and Nifty opened on a positive note on Monday, driven by strong buying in banking and service stocks, mirroring a rally in Asian markets.Analysts said the global sentiment was shaped by the US Supreme Court's ruling that invalidated the Trump...