Saradha scam: Sudipta Sen, aides denied bail (Roundup)
byKolkata, May 9 (IANS) Rejecting the bail pleas of Saradha Group promoter Sudipta Sen and two of his close aides including Debjani Mukherjee, a…
Business
Yusen Logistics warehouse gutted, may hit Nissan/Renault production
byChennai, May 9 (IANS) Yusen Logistics (India) Ltd’s warehouse catering to Nissan Motor and Renault India’s plant near here was totally destroyed in a…
Dejected Saradha boss looks lost in packed courtroom
byKolkata, May 9 (IANS) Only months back, Saradha Group boss Sudipta Sen led a lavish and flamboyant lifestyle, lording over a huge business empire,…
Cabinet nod for skill development body
byNew Delhi, May 9 (IANS) To harmonise and coordinate the skill development efforts of the government and the private sector, the Cabinet Thursday approved…
Bansal’s nephew, four others sent to judicial custody
byNew Delhi, May 9 (IANS) A Delhi Court Thursday sent Railway Minister Pawan Kumar Bansal’s nephew Vijay Singla and four others to judicial custody…
Magma Fincorp net profit rises 84 percent in Q4
byKolkata, 9 May (IANS) City-based asset finance company Magma Fincorp Thursday reported an 84 percent jump in its consolidated net profit to Rs.46 crore…
Traders’ stir severely hits tax inflow in Nagpur
byNagpur, May 9 (IANS) In an unexpected fall-out of the ongoing traders’ strike, the Nagpur Municipal Corporation (NMC) has reported a steep drop in…
Regulatory authority mooted post-Bengal chit fund scam
byNew Delhi, May 9 (IANS) The Direct Selling Distributors Welfare Association (DSDWA) Thursday demanded setting up of a “regulatory authority” to protect the interests…
RIL to invest $5 bn to reverse KG-D6 gas output fall
byMumbai, May 9 (IANS) The Reliance Industries (RIL)-led consortium operating the offshore KG-D6 gas fields plans to serially invest $5 billion to reverse falling…
Usha Martin Q4 net up 48 percent
byKolkata, May 9 (IANS) Usha Martin, a leading wire rope and specialty steel manufacturer, Thursday announced a 48 percent hike in its net profit…