Titan Company intimates on availability of credit for gold purchases
Titan Company announced that the Company will be able to avail credit from domestic nominated banks for gold purchases without restrictions. This will also result in the Company getting the benefits of natural hedging of gold fully with a possibility of negative working capital that the Company... read more »
SpiceJet’s new ‘one stop sale’: Now, tickets up for grabs...
Just days after its Valentine’s Day sale, budget carrier SpiceJet today announced a fresh sale in which tickets were available for as low as Rs 2,999 and included routes that had a single stop-over. The airline is hoping to cash in on the Holi weekend in March. Tickets under the scheme will... read more »
Exclusive: U.S. authorities probe alleged forged letter from Mirach in Saha...
Federal authorities in San Francisco are probing U.S.-based Mirach Capital Group, two sources familiar with the situation told Reuters, amid allegations that the group gave a forged bank letter to Indian conglomerate Sahara as part of financing negotiations. Sahara had sought to borrow more than $1... read more »
CBI files final report in coal block case
The Central Bureau of Investigation (CBI) Thursday filed its final report with the statements of a witness recorded during the probe in a coal block allocation case allegedly involving industrialist Kumar Mangalam Birla and others. The CBI filed the statement in a sealed cover before special Judge... read more »