PNB refuses to disclose details on over Rs 13,000 cr scam

New Delhi, May 20 (PTI) State-run Punjab National Bank (PNB) has refused to disclose details of the audit or investigation that led to detection of over Rs 13,000 crore fraud at the company, citing a clause that bars any disclosure that can impede the process of investigating or…

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We need two quarters to fully take off in India: Chinese smartphone Honor

London, May 20 : China’s top-selling smartphone Honor, which aims to expand aggressively in India this year, will be ready to take off in the next two quarters, the company’s president believes.
Huawei’s sub-brand Honor has emerged as one of the fastest growing smartphone brands in…

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Petrol, diesel in Delhi hit record highs

New Delhi, May 20 :  State-run Indian Oil Corp on Sunday raised transport fuel to record highs in Delhi on the seventh day of resuming the daily price change system, following a temporary suspension that lasted 20 days.
The price of petrol in Delhi touched a record high of Rs…

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Odisha CM requests Modi for Defence Industry Corridor

Bhubaneswar, May 19 :  Odisha Chief Minister Naveen Patnaik on Saturday urged Prime Minister Narendra Modi to establish a dedicated Defence Industry Corridor and Aeronautical University in the state.

In a letter to Modi, Patnaik said Odisha provides a comprehensive ecosystem and state-of-the-art industrial infrastructure facilities for indigenous…

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Nirav Modi in London on Singaporean passport: ED sources

New Delhi, May 19 :  Despite Enforcement Directorate issuing summons to diamantaire Nirav Modi and his family members to join the investigations in the the multi-crore Punjab National Bank (PNB) fraud, they have chosen to ignore the directive by remaining abroad and out of immediate reach of the investigators.

According…

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