In the aftermath of the Rs 129-billion fraud at Punjab National Bank (PNB) involving Nirav Modi and Gitanjali Gems, traders of loose diamonds are now shifting to organised sectoral players with deeper pockets for credit offers to consumers.

Since most banks have tightened their lending to diamond merchants and others are in the process of doing so, many medium and small diamond dealers are approaching large players for credit facility within the industry.

After coming under fire for its role in the 2016 U.

S. election, Facebook Inc is taking steps to prevent what it calls fake news during Mexico’s presidential campaign.

The social-networking giant on Tuesday placed full-page ads in prominent Mexican newspapers including El Financiero under the title “Tips to Detect Fake News.” The company’s logo appears on the top left corner.

The Delhi High Court on Wednesday sought response from A. Raja, DMK MP Kanimozhi and 17 others on appeals by CBI and Enforcement Directorate (ED) challenging a Special CBI Court verdict acquitting all of them in connection with the 2G spectrum allocation case.

Justice S.P. Garg also directed one of the accused Dynamix Balwa group of companies and its associates to maintain status quo with regard to properties worth ₹ 223.55 crores, which was attached by Enforcement Directorate (ED) during the trial as ‘proceeds of crime’ till the next date of hearing on May 25.

It was at 9.30 p.m. on September 22, 2016, that then Tamil Nadu Chief Minister Jayalalithaa called out for help. According to her aide V.K. Sasikala, Jayalalithaa had indicated she was unwell while she was in the bathroom situated on the first floor of her Poes Garden residence, after having brushed her teeth.

In an affidavit filed before the Justice A. Arumughaswamy Commission (probing Jayalalithaa’s death), Sasikala provides an account of what transpired at Jayalalithaa’s residence before she was rushed to hospital.

Private sector lender ICICI Bank on Tuesday said it has raised Rs 40 billion from bonds to fund growth.

"The Committee of Executive Directors of the bank at its meeting held today has approved the allotment of 40,000 Basel III compliant unsecured subordinated perpetual Additional Tier 1 bonds in the nature of debentures aggregating Rs 4000 crore (40 billion) on private placement basis," ICICI Bank said in a regulatory filing to stock exchanges.

The Uttar Pradesh Police have arrested four employees of Meerut’ s Chaudhary Charan Singh University in connection with a cheating racket which is dubbed as state's own Vyapam scam. Vyapam scam was the educational scam which rocked Madhya Pradesh couple of years back.

Active since 2014, the racket in Uttar Pradesh has helped over 600 non-meritorious students pass the MBBS examination and become doctors in the state. The arrests were made by the Special Task Force (STF).

As pollution choked India's capital Delhi in recent years, a total of 140 air purifiers were purchased for Prime Minister Narendra Modi's offices and at least six other government agencies, according to previously unpublished government data.

The purchases came as Modi faced criticism for not taking effective steps to improve air quality in Delhi, one of the world's most polluted cities.

Maruti Suzuki is testing the new 2018 Ertiga MPV for quite a long time now. The test mule of the car has been snapped testing one more time in recent by folks at Thrust Zone. There have been reports on the internet suggesting that the new 2018 Maruti Ertiga will be launched sometime in August 2018. The popular Maruti MPV was launched in India for the first time back in 2012 and it received a mid-life update in 2015. There were hopes from the Indian carmaker that it will showcase the new Ertiga at Auto Expo 2018 but sadly, that did not happen.

New Delhi: Tata Motors on Monday said it would hike prices of its passenger vehicles (PV) by up to Rs 60,000 from April 1 to offset rising input costs.

The company sells a range of passenger vehicles beginning with Gen X Nano at a starting price of Rs 2.28 lakh to premium SUV Hexa with price going up to Rs 17.42 lakh (ex-showroom Delhi).

New Delhi: Bankers are holding divergent views on the way forward for beleaguered Essar Steel, which is up for auction.

While a section of bankers feels the bids of ArcelorMittal and Numetal Mauritius should be scrapped and fresh applications sought, the other camp is of the view that both the bids should be evaluated after advisories to both the aspirants on certain technical issues.

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