A rogue stock broker, with a Midas touch, had once walked away with 70% of the money of a cooperative bank called Madhavpura. All hell broke loose when the man defaulted and the scam surfaced. Some of the smaller banks, daisy-chained to Madhavpura, shut shop. That was 2001.Eighteen years later, ...
SAN FRANCISCO: Facebook said Monday it plans to pay only a portion of the publishers whose stories appear in a news "tab" set to launch in the weeks ahead.Facebook recently confirmed plans for a News Tab that will be edited by seasoned journalists, in a departure from its longstanding practice ...
NEW DELHI: Telecom operator Bharti Airtel has deployed 100 hops of 5G technology transmission equipment of Chinese technology major Huawei in last six months.Huawei has claimed that the transmission equipment meant for backhaul network that could transmit data on up to 1 gigabit per second (Gbps) speed with 28 megahertz ...
NEW DELHI: Walmart-owned Flipkart on Monday said it is witnessing strong demand from tier-II and III cities for products such as mobile phones and large appliances in its ongoing festive sales."This Big Billion Days, we witnessed the growing appetite of Bharat (tier II and III cities) for mobiles, large appliances ...
MUMBAI: The US Senate recently blocked one of the two bills (S386) that seeks to lift the per-country green card limit, dashing the hopes of several Indian families whose children have aged-out (turned 21) or are in the process of ageing-out.Once the children turn 21, they can no longer continue ...
The Mumbai Police on Monday filed a case against the former bank management and promoters of HDIL in the Punjab and Maharashtra Cooperative Bank (PMC Bank) case and said a special investigation team will be probing it.