LONDON - The High Court, England, on Thursday dismissed a $45 million fraud claim by the UK subsidiary of Punjab National Bank (PNB) against seven individuals and two companies based in India and the US. Zaiwalla & Co, the London-based international law firm representing eight of the defendants, argued that the bank had not made out an arguable case in deceit, that England was not the appropriate forum for the claim, that the Bank misled the court on a number of key issues,
MUMBAI- Filmmaker Rajkumar Hirani has been accused of sexual assault by a woman who worked with him in his 2018 film “Sanju”. He has denied the allegation. According to a HuffPost India article on Jan 13, the woman claimed that Hirani sexually abused her on more than one occasion over a six-month period between March and September 2018. The 56-year-old filmmaker has denied the allegations. A statement issued by his lawyer Anand Desai dubbed the allegations “false”, “mischievous”, “scandalous”,
BENGALURU - Co-founder of leading e-tailer Flipkart, Sachin Bansal, invested Rs 150-crore ($21 million) in ride-sharing major Ola, business signals platform paper.vc said on Monday. Bansal, who co-founded Flipkart along with Binny Bansal in 2007, bought a total of 70,588 preference shares of city-based cab hailing platform, according to Ola's filings with the Registrar of Companies (RoC) accessed by IANS from the Chennai-based business intelligence firm.
NEW DELHI - With an aim to lure more passengers and sell-off its vacant seats in business class, financially stressed Air India has launched a scheme for passengers to upgrade their economy class tickets to business class. Breifing reporters about the new scheme Air India CMD Pradeep Singh Kharola said that passengers can save up to 75 per cent on cost if upgrading via the new online offer to destination in the US, Europe, Australia, Japan and Hong Kong and on flights among six metro cities of the country.
MUMBAI - Amid all sorts of misinformation about Kader Khan's funeral being tossed in sections of the media, his son Sarfaraz on Thursday clarified that Khan was laid to rest on Wednesday. "My father was laid to rest on Wednesday at the Meadowvale Cemetery in Mississauga (Canada). It was attended by us -- his family of three sons, relatives and fans who got to know of his passing," said Sarfaraz. Was it difficult for the family to lay their distinguished patriarch to rest so far away from home?
MUMBAI - Jet Airways on Sunday announced discount offers on the occassion of Christmas for both domestic and international travel beginning 2019. The sale would take place from December 24, 2018 to January 1, 2019, the airline said in a statement. The festive season sale offers discounts of up to 30 percent, it said, adding that, "guests booked for travel on the airline's domestic network can commence travel effective January 1 and January 8, 2019 respectively depending on the whether they are travelling...
NEW DELHI - On a visit to India that saw her attend billionaire Mukesh Ambani’s daughter Isha Ambani’s wedding, former US Secretary of State Hillary Clinton shared the inspiring story of a woman she first met in 1995 and had a chance to reconnect with 23 years later. Ela Bhatt founded Self-Employed Women’s Association in 1972 that helped women with small loans. These loans helped many Indian women find their feet and help their families. Clinton said she first met Bhatt in 1995 at their Ahmedabad headquarters.
NEW DELHI - Thirty-four years after the gruesome killings, the Delhi High Court on Monday convicted Congress leader Sajjan Kumar in an anti-Sikh riot case of 1984 here and sentenced him to imprisonment for the remainder of his natural life, holding that the violence was a "crime against humanity" engineered by politicians with assistance from police. Setting aside the acquittal of Sajjan Kumar, the court convicted him and five others saying that the "criminals" had escaped prosecution and punishment for over two decades.
UDAIPUR - US former First Lady Hillary Clinton and a slew of Bollywood celebrities including newlywed Priyanka Chopra and her American singer husband Nick Jonas arrived here on Saturday for the pre-wedding celebrations of Isha Ambani and Anand Piramal. The Maharana Pratap Airport buzzed with activity as the guests like cricket star Sachin Tendulkar with wife Anjali, Maharashtra Chief Minister Devendra Fadnavis with wife, Aamir Khan with wife Kiran Rao,
NEW DELHI - India could soon see the use of drones for transporting organs and other emergency medical supplies between hospitals under the new policy for remotely piloted aircraft, the official registration process for which began on Friday. Speaking to reporters here, Minister of State for Civil Aviation Jayant Sinha said the government is examining the possibility of creating "drone ports" in hospitals to permit this kind of transportation. "Following the registration beginning from December 1,
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