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As per the CBI, Rana Kapoor and his family members had allegedly received kickbacks of around Rs 600 crore for an investment of Rs 3,700 crore made by Yes Bank in DHFL’s debentures.

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Gujarat-based Sajjan is a contract manufacturer of active ingredients (agro), electronic chemicals, specialty chemicals and intermediates, having applications across agrochemicals, pharmaceuticals and dyestuff.

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UBL, in a stock exchange notice, said it is reviewing the order in consultation with its legal advisers. Executives of the three beer companies, which control over 90% of the market, exchanged sensitive information and colluded to fix beer prices since 2005, CCI said in its order.

ED attaches assets of DHFL's Wadhawans

Updated at : 2021-09-29 08:20:01

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The assets attached on Tuesday are in the form of investments made by the brothers through WGC-UK in UK-based companies, the agency said in a press release.

Oil goes past $80 for first time in 3 years

Updated at : 2021-09-29 08:20:01

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State-run fuel retailers raised prices of diesel by 25 paise per litre and of petrol by 20 paise per litre on Tuesday. In Delhi, diesel now costs Rs 89.57 and petrol Rs 101.39 per litre. Cooking gas prices are also likely to rise when companies revise rates at the beginning of October.

Tatas’ super app called TataNeu

Updated at : 2021-09-29 08:20:01

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Tata Group chairman N Chandrasekaran gave a sneak peek of the ‘TataNeu’ super app to its senior leadership on Tuesday. While the commercial launch of the TataNeu is still some months away as several pieces are yet to fall in place, the group will open up the platform only for use among its employees.

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Yields on benchmark 10-year US Treasuries were at their highest since June on Tuesday. US Fed Chairman Jerome Powell on Tuesday cautioned that the recent rise in inflation may last longer.

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The Supreme Court, earlier this month, directed statutory authorities including NCLT, Competition Commission of India (CCI) and market regulator Sebi not to pass any final order related to the merger deal for next four weeks.

Without naming the Google and Equitas tie up to garner deposits, T Rabi Sankar, RBI deputy governor while speaking at the Global FinTech Fest also said that entities other than banks are not allowed to directly deal in deposits.

Zo’s plea adds a legal twist to Oyo’s IPO saga

Updated at : 2021-09-29 07:20:01

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Hospitality startup approaches Delhi High Court to restrain Oyo from modifying its shareholding structure or cap table including by way of an IPO. Oyo is also seeking a stay on the arbitrator award.

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