Indian-origin fund manager in the United States sentenced to 9 years in jai...
An Indian-origin portfolio manager has been sentenced to 9 years in jail for his role in one of the “most lucrative” insider trading schemes ever in the United States involving a “staggering” $276 million and ordered to forfeit a $9.3 million bonus he earned through... read more »
Investors put in Rs 1 lakh cr in mutual fund schemes in August
New Delhi: Investors have pumped in over Rs 1 lakh crore in various mutual fund schemes in August, making it the second consecutive monthly inflow. As per the latest data available with the Securities and Exchange Board of India, investors have put in Rs 1,00,181 crore in mutual fund schemes (MF)... read more »
Ashok Leyland gets orders for 4,000 buses valued at Rs 1500 cr
Hinduja Group flagship firm Ashok Leyland has received orders for around 4,000 buses from State Transport Undertakings valued at Rs 1,500 crore. A total of 22 State Transport Undertakings (STUs) across the country including Calcutta State Transport Corporation, Bangalore Metropolitan Transport... read more »
SC reserves order on fate of illegal coal blocks
The Supreme Court has reserved its order in the coal block allocation case and has also refrained from giving any specific date to pass the order. Steel and power producers have sought the appointment of a Judicial Commission for fact finding in the case, but the apex court is not in favour of... read more »
