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Bank manager behind ₹50cr fraud held from Nepal border Mohali: On the run for the past 10 days, the bank manager allegedly involved in fraudulently withdrawing Rs 50 crore (approx) from bank accounts of several customers was finally arrested by the Mohali police from near Nepal border late on Friday night.
IIT Bhubaneswar will nurture 100 startups, eyeing to make each of them worth Rs 100 crore by 2036. Union education minister Dharmendra Pradhan will launch 100-Cube Start-up Initiative of IIT Bhubaneswar research and entrepreneurship Park on February 11. IIT Bhubaneswar has expertise in various domains and can mentor the startups apart from providing other facilities.
Mysuru: Mysuru district minister HC Mahadevappa, on Tuesday, said that the state government will soon release Rs 30 crore to celebrate the Dasara fest.
With shareholders quizzing Chandrasekaran on Tata Motors equity capital reduction move at the annual general meeting (AGM) on Tuesday, the chairman said that it is being done with the objective of fairness for both kinds of shareholders (ordinary and DVR). He added that Tata Sons (promoter) approved the move on the basis of what is good for the company and in the interest of shareholders.
Chennai, May 19: In a sale and purchase transaction, Siemens Ltd on Friday said it has decided to sell its low voltage motors and geared motor business for Rs 2,200 crore and buy the electric vehicle (EV) division of Mass-Tech Controls Private Ltd for Rs 38 crore.