Business News

Business

Lodha Brothers Reach Amicable Resolution in High-Profile Brand Name Dispute

The Lodha brothers, Abhishek and Abhinandan, have resolved their dispute over the 'Lodha' and 'Lodha Group' brand names through mediation, with each retaining rights to their respe...

Business

The Hunt Ends: Mehul Choksi, Key Figure in $2 Billion PNB Scam, Arrested in Belgium After Eluding Capture for Years

Fugitive diamond merchant Mehul Choksi, central to the Rs 14,000 crore PNB scam, has been arrested in Belgium after years on the run. Detained from a hospital, his capture follows ...

Business

Germany Greenlights UniCredit's Strategic 29.99% Stake in Commerzbank

Germany's Federal Cartel Office approves UniCredit's 29.99% stake in Commerzbank, a move previously authorized by the European Central Bank, signaling a significant consolidation i...

Business

Unveiling the Multi-Billion Dollar PNB Scam: The Fugitive Journeys of Mehul Choksi and Nirav Modi

Mehul Choksi and Nirav Modi orchestrated one of India's largest banking frauds, involving over Rs 13,000 crore through fraudulent LoUs from PNB. Both fugitives were located abroad,...

Business

Fugitive Diamond Merchant Mehul Choksi's Legal Battle Against Extradition to India Intensifies

Fugitive diamond merchant Mehul Choksi, arrested in Belgium, faces extradition to India. His legal team contests the move citing political motives and health concerns, challenging ...

Business

Tech Titans and Banking Giants Set to Unveil Q1 Earnings: Netflix, TSMC, and More in Spotlight

This week's earnings season highlights include Netflix and TSMC's anticipated revenue growth, alongside reports from major banks and healthcare companies. Key players across sector...

Business

Delhi's IGI Airport Terminal 2 to Undergo Major Repairs: Flights Temporarily Shifted to Terminal 1

Delhi's IGI Airport Terminal 2 will close for repairs starting April 15, 2025, shifting all domestic flights to Terminal 1. Airlines are notifying passengers, and DIAL is working o...

Business

Fugitive Diamond Merchant Mehul Choksi Fights Extradition Amid Cancer Treatment Claims

Mehul Choksi, involved in the PNB scam, arrested in Belgium, faces extradition challenges citing health issues. His legal team prepares for a tough battle against Indian agencies.