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NEW DELHI: The ED late on Friday arrested Reliance Power’s chief financial officer Ashok Pal after questioning him at its headquarters here in a case of fake bank guarantee. He was produced before a court here on Saturday and remanded in two days of ED custody. Pal, the CFO of Reliance Power Limited (RPL), an…
China has sought assurances from India that heavy rare earth magnets they supply will be utilised exclusively for domestic requirements. (AI image) China will export rare earth magnets to India only if it assures that they will be used for domestic needs and will not find their way to the US. Indian companies have already…
Both Rohit Sharma and Virat Kohli will return to international cricket after a seven-month break following the Champions Trophy final in March (Photo by Pankaj Nangia/Getty Images) The selection of Shubman Gill as India’s new ODI captain for the upcoming three-match series against Australia has stirred debate, particularly with Rohit Sharma and Virat Kohli making…
An Indian student was rejected for a US visa and the rejection letter claimed that he did not have enough strong tie that would compel him to return to India after his stay in the US. An Indian student recently received a visa rejection letter from the US that said they were not convinced that…
The government is considering setting up a Rs 20,000 crore risk guarantee fund to encourage private sector participation in infrastructure projects, according to PTI sources. The proposed fund aims to share project risks, easing financial pressure on developers and boosting private investment. The sources said the National Credit Guarantee Trustee Company (NCGTC) is likely to…
Jaguar Land Rover will get backing from the UK govt for a 1.5-billion-pound ($2 billion) loan aimed at easing the strain on suppliers hit by a production halt at the carmaker that was triggered by a cyberattack.The loan, to be provided by a commercial bank and guaranteed by UK Export Finance, will be repaid over…
The UK government has announced a loan guarantee of up to £1.5 billion ($2 billion) to support Jaguar Land Rover (JLR) after a major cyberattack forced the carmaker to suspend production at its UK factories, the trade minister said on Sunday.JLR, the Tata Motors-owned luxury automaker, said earlier this month it was hit by hackers,…
