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Transactions With Anil Ambani's Companies Cost Yes Bank Rs 2,700 Crore: CBI
Yes Bank suffered a loss of over Rs 2,700 crore due to the "unilateral decision" of its co-founder Rana Kapoor to invest in the Anil Ambani-led financial companies, said the CBI's charge sheet.
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Visa Direct Tests Stablecoins for Instant Cross-Border Transfers
Visa has launched a pilot programme allowing banks and financial institutions to use stablecoins like USDC and EURC for pre-funding cross-border transfers. The move aims to free up working capital, reduce reliance on traditional currency accounts, and accelerate settlement times. Wider rollout is planned in 2026.
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Influencer With 1.2 Million Instagram Followers Arrested In Rs 40-Crore Laundering Case
An 'entrepreneur' with over 1.2 million followers on Instagram, whose bio also states that she is an actor, has been arrested by the Enforcement Directorate in connection with a Rs 40-crore money laundering case.
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Reliance's $50 Billion Wipeout Shows Toll of Weak Earnings
Reliance Industries Ltd. has erased almost $50 billion in market capitalization since its peak in July as the most valuable Indian firm struggles with weakening earnings and an economic slowdown.
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Anil Ambani Can't Hold Key Managerial Post In Listed Firms For 5 Years: SEBI
Reliance Group Chairman Anil Ambani cannot hold a key managerial position in any listed company for five years, the capital markets regulator SEBI said in an order today.
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Reliance Capital's Joint Auditor Guilty Of Overlooking Fraud: Regulator
The National Financial Reporting Authority (NFRA) has held the joint auditor of Reliance Capital guilty of professional misconduct for deliberately overlooking the Price Waterhouse (PW) report of suspected fraud regarding loans and investments.
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RBI Clears Resolution Plan For Debt-Ridden Reliance Capital
The Reserve Bank on Friday approved the resolution plan for debt-ridden Reliance Capital.
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In Delhi Climate Plan Draft, Less Reliance On Other States For Hydropower
The Delhi government's draft action plan proposes a reduction in the national capital's reliance on hydropower from other states, taking into account potential future challenges to generation capacity due to changes in temperature and precipitation.
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Vodafone Idea Ordered to Convert Dues From Government Worth Over Rs. 16,000 Crore Into Equity
Vodafone Idea said on Friday the government had ordered the company to convert into equity all the dues owed to the government for use of airwaves including the interest related to payments for spectrum. The total amount to be converted into equity shares is Rs. 16,133 crore, the mobile carrier said.
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Reliance Jio 5G Beta Trials Begin in Delhi and Other Cities With Over 1Gbps Download Speed
Reliance Jio on Thursday started beta trials of 5G services in the national capital along with three other cities — Mumbai, Kolkata and Varanasi — with users getting download speed of over 1Gbps. At Chanakyapuri, in Lutyens' Zone of New Delhi, the users got internet speed of over 1Gbps. During the trial, the company said, "Now 5G services will ...
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Transactions With Anil Ambani's Companies Cost Yes Bank Rs 2,700 Crore: CBI
Yes Bank suffered a loss of over Rs 2,700 crore due to the "unilateral decision" of its co-founder Rana Kapoor to invest in the Anil Ambani-led financial companies, said the CBI's charge sheet.
-
Visa Direct Tests Stablecoins for Instant Cross-Border Transfers
Visa has launched a pilot programme allowing banks and financial institutions to use stablecoins like USDC and EURC for pre-funding cross-border transfers. The move aims to free up working capital, reduce reliance on traditional currency accounts, and accelerate settlement times. Wider rollout is planned in 2026.
-
Influencer With 1.2 Million Instagram Followers Arrested In Rs 40-Crore Laundering Case
An 'entrepreneur' with over 1.2 million followers on Instagram, whose bio also states that she is an actor, has been arrested by the Enforcement Directorate in connection with a Rs 40-crore money laundering case.
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Reliance's $50 Billion Wipeout Shows Toll of Weak Earnings
Reliance Industries Ltd. has erased almost $50 billion in market capitalization since its peak in July as the most valuable Indian firm struggles with weakening earnings and an economic slowdown.
-
Anil Ambani Can't Hold Key Managerial Post In Listed Firms For 5 Years: SEBI
Reliance Group Chairman Anil Ambani cannot hold a key managerial position in any listed company for five years, the capital markets regulator SEBI said in an order today.
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Reliance Capital's Joint Auditor Guilty Of Overlooking Fraud: Regulator
The National Financial Reporting Authority (NFRA) has held the joint auditor of Reliance Capital guilty of professional misconduct for deliberately overlooking the Price Waterhouse (PW) report of suspected fraud regarding loans and investments.
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RBI Clears Resolution Plan For Debt-Ridden Reliance Capital
The Reserve Bank on Friday approved the resolution plan for debt-ridden Reliance Capital.
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In Delhi Climate Plan Draft, Less Reliance On Other States For Hydropower
The Delhi government's draft action plan proposes a reduction in the national capital's reliance on hydropower from other states, taking into account potential future challenges to generation capacity due to changes in temperature and precipitation.
-
Vodafone Idea Ordered to Convert Dues From Government Worth Over Rs. 16,000 Crore Into Equity
Vodafone Idea said on Friday the government had ordered the company to convert into equity all the dues owed to the government for use of airwaves including the interest related to payments for spectrum. The total amount to be converted into equity shares is Rs. 16,133 crore, the mobile carrier said.
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Reliance Jio 5G Beta Trials Begin in Delhi and Other Cities With Over 1Gbps Download Speed
Reliance Jio on Thursday started beta trials of 5G services in the national capital along with three other cities — Mumbai, Kolkata and Varanasi — with users getting download speed of over 1Gbps. At Chanakyapuri, in Lutyens' Zone of New Delhi, the users got internet speed of over 1Gbps. During the trial, the company said, "Now 5G services will ...
