Crore News

A huge robbery of Rs 6 crore has been carried out in Ludhiana, Punjab. Around 2 o'clock in the night, 10 miscreants entered the office of CMS Security Company, which deposits cash in ATMs in Rajguru Nagar with weapons. The miscreants took the employees present here hostage and carried out the incident

Vicky Kaushal and Katrina Kaif may appear together on the small screen for the first time after marriage, both may enter the launch of a reality show

The now-defunct Kingfisher Airlines owes over Rs 9,000 crore in loan to the SBI-led consortium of 17 banks.

The Reserve Bank is believed to have received deposits close to Rs 15 lakh crore, of estimated Rs 15.4 lakh crore worth junked Rs 500/1,000 currency notes that were in circulation, from the 50-day demonetisation exercise that ended on December 30.

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The 7 kg bullion and about 9 kg jewellery valued at approximately Rs 5 crore were found in the raid.

Describing domestic black money declaration scheme IDS as a "major success", Finance Minister Arun Jaitley Friday said it will yield Rs 29,362 crore in taxes, which is three times the amount garnered by the then government in 1997 amnesty scheme, VDIS.

State Bank of India Monday said it has collected Rs 83,702 crore in deposits in the last five days following the government's decision to demonetise the old Rs 500 and Rs 1,000 notes.

Expanding its survey operations, the Income Tax department Friday detected unexplained cash and sales worth Rs 100 crore in its crackdown on alleged profiteering and tax evasion by traders and other operators while converting demonetised currency notes.

Stepping up investments on projects that entail internal funding, state-owned BSNL will pump in about Rs 2,500 crore during the second half of this fiscal in various projects such as expansion of wifi hotspots, installation of mobile towers and strengthening core network.

Labour Ministry Thursday doubled EPFO's investment limit in ETFs to 10 percent, which will see the retirement fund body infuse about Rs 13,000 crore in stock markets this fiscal, a move that riled trade unions who have questioned the manner in which the government raised the cap.

An inter-ministerial panel today approved 11 proposals entailing foreign direct investment (FDI) inflow of over Rs 2,300 crore.

Shrinking loan portfolio and deposit base squeezed total business of state-owned Bank of Baroda (BoB) by nearly Rs 90,000 crore in 2015-16 despite a robust GDP growth of 7.6 percent during the fiscal.

Sunil Bharti Mittal, Chairman of India's largest telecom firm Bharti Airtel, will take home a higher annual pay package of over Rs 30 crore, excluding perquisites, for this fiscal.

With at least one buy-back announcement from PSUs every month, the government is expected to garner over Rs 16,000 crore in its disinvestment kitty over the next couple of months.

The steel industry has outstanding loans of around Rs three lakh crore in various banks, thus making the sector one of the largest contributors to non-performing assets (NPA) in the country.

As the lenders and tax authorities cool their heels for Vijay Mallya to return to India, they will put under hammer next month assets worth over Rs 700 crore of the embattled businessman's long-defunct Kingfisher Airlines.

The bidding for shares in initial public offer (IPO) of Dilip Buildcon will be open between August 1-3, while the same for S P Apparels would begin on August 2 and close on August 4.

In a relief to jewellers, the government increased excise duty exemption limit for small scale industry to Rs 10 crore from Rs 6 crore, waived the levy on sale of traded goods and relaxed various procedural norms.

Amid reports that Adani Port and SEZ Ltd (APSEZ) was spared a hefty fine of Rs 200 crore for environmental damage during construction of Mundra port, the Environment Ministry today said the claims are "incorrect" and it had imposed "more serious" responsibility on the firm without any cost limit.