Heads may roll after the final outcome of investigation in the Punjab National Bank scam, but can't paint all the banks with the same brush that's what top government officials tell CNBC-TV18. CNBC-TV18's Sapna Das has been speaking to various departments in the Finance Ministry to understand if there are plans for an immediate rejig in the management of public sector banks.
IT stocks are in focus after Trump administration made H1-B visa approval tougher.
CNBC-TV18's understands that the Power Minister has called a meeting with the managements of Tata Power and Adani Power to discuss the fate of the Mundra projects.
Watch accompanying video of CNBC-TV18's Nigel D'Souza for World View.
Sources tell CNBC-TV18 that lenders are evaluating five bids for Jaypee Infratech.
Mumbai office of Enforcement Directorate (ED) receives e-mail from Nirav Modi.
Watch CNBC TV-18's Nisha Poddar giving details about the IPO plans for the biggest companies in renewable energy space.
Even as Infosys’ Former CFO Rajiv Bansal continues the fight for his severance package of close to Rs 12 crore in arbitration. Sources tell CNBC-TV18 that Infosys has in fact sought a large sum in counter claims from Bansal.
Watch accompanying video of CNBC-TV18’s Nigel D'Souza for World View.
Apart from naming Mehul Choksi, one of the Central Bureau of Investigation’s (CBI) first information reports (FIRs) in the Punjab National Bank (PNB) fraud case has named 5 people, who it says are directors with the Gitanjali Group. But when CNBC-TV18's Uttkarsh Chaturvedi tried tracking down these directors, he found something unusual.
Retirement fund body Employees Provident Fund Organisation (EPFO) has decided to cut its interest rates marginally. The EPFO which held a meeting of its central board of trustees has cut its interest pay-out to 8.55 percent from 8.65 percent.
At the outset, take a look at the developments surrounding the scam at Punjab National Bank (PNB). Sources tell CNBC-TV18 that over 150 shell companies are on the Enforcement Directorate's (ED) radar. The ED has now started investigations on 17 locations that are believed to be housing these companies.
The Board of Employees Provident Fund Organisation or the EPFO is meeting later today and crucial reforms are on the agenda. Watch CNBC-TV18’s Yash Jain giving more details on it.
Liberty House's bid not opened as it was submitted after the deadline ended. The lenders have decided to disqualify the Liberty House bid and therefore the bid will not be opened. Watch CNBC-TV18's Ritu Singh giving more details on the bid.
There have been reports that bids for Essar Steel are disqualified. Watch accompanying video of CNBC-TV18’s Nisha Poddar for the real picture.
The sale process of Ruchi Soya under the National Company Law Tribunal (NCLT) process is heating up with several interested parties in the fray. Watch accompanying video of CNBC-TV18’s Nisha Poddar for all the details.
Watch accompanying video of CNBC-TV18's Nigel D'Souza for today's global cues.
N Chandrasekaran completes a year as Tata Sons' Chairman and keeps to his promise of stabilising the conglomerate by simplifying the structure.
In the latest developments in Punjab National Bank (PNB) scam - the Central Bureau of Investigation (CBI) has arrested 5 more people including Vipul Ambani, the President-Finance of Nirav Modi's Firestar Diamond.
Today was day two of the Magnetic Maharashtra Summit. So far close to Rs 5 lakh crore worth of memorandums of understanding (MoU) have been signed. The Maharashtra government summit is aiming at an investment commitment of at least Rs ten lakh crore. The memorandum of understandings signed today includes those with the likes of Virgin Hyperloop One, Mahindra and Mahindra and ReNew Power.
Under its electric vehicle policy and its energy storage policy, SUV giant Mahindra & Mahindra (M&M) has bagged its biggest private order for electric vehicles and is committing to an additional investment of Rs 400 crore in the state.
Pharmaceutical sector's regulator National Pharmaceutical Pricing Authority (NPPA) has analysed bills of some hospitals and concluded that doctors and hospital prefer prescribing branded drugs, which are not under price control. CNBC-TV18's Ekta Batra gives us more details about what all has the pharma regulator found in its analyses, and what are their recommendations to tackle those concerns.
CNBC-TV18 learns that the Income Tax (IT) Department has served a notice to Anita Singhvi, the wife of Abhishek Manu Singhvi. This is related to jewellery she allegedly purchased from Nirav Modi's showroom.
The CBI has arrested three officers from the Punjab National Bank's Brady House Branch. They are to be produced in court today. CNBC-TV18's Uttkarsh Chaturvedi gives us more details about who are these officials and what is their complicity in the Nirav Modi fraud?
The government is getting ready to implement the third independent industrial policy. Also, dedicated industrial policy implementation cell likely to be set up under Department of Industrial Policy and Promotion (DIPP).