Buffett-backed Nubank's revenue surges on strong customer growthThe lender, which listed its shares in New York in December, has seen the stock shed half its market value so far this year against the bac...
16 Aug, 2022, 07.50 AM IST
Sequoia’s vaunted strategy feels the pain of tech stock selloffSequoia’s portfolio companies that listed in the US last year have lost more than $7.7 billion of market value since their debuts, accordin...
12 Jul, 2022, 11.09 PM IST
Taxman seeks investment details of Mauritius co in NuPowerThe tax department wants to ascertain whether the Rs 49.9 crore invested by Mauritius-based Firstland Holdings in 0.001% compulsory cumulat...
27 Nov, 2019, 07.30 AM IST
Supreme Court bars I-T deptartment from reassessing NuPower accountsThe income tax department sought to reopen the accounts of NuPower last year to examine the genuineness of investments of about Rs 50 crore...
11 Oct, 2019, 08.43 AM IST
SC to hear tomorrow plea of ArcelorMittal against NCLAT order on Essar Steel auctionThe apex court refused urgent hearing for ArcelorMittal's plea for payment of Rs 7,000 crore by today for its second bid to become eligible.
11 Sep, 2018, 06.27 PM IST
SastaSundar.com to introduce Nu-Shakti fortifying food additive rangeThe Nu-Shakti brand of nutritional easy-to-use, simple and affordable products has been developed by the Netherland firm especially Indian ...
18 Jun, 2018, 04.31 PM IST
ICICI Bank loan row: Anatomy of a 'quid pro quo' dealA sum of Rs 453 crore was allegedly routed through two Mauritius-based companies- Matix Group and its holding entity Firstland Holdings Ltd...
04 Jun, 2018, 06.23 PM IST
Whistle-blower levels fresh allegations of quid pro quo deals against ICICI's Chanda KochharIt is now being alleged that Ruias of Essar got undue favours from ICICI Bank for round-tripping investments into Deepak Kochhar's NuPower ...
02 Jun, 2018, 03.04 PM IST
Whistleblower levels fresh allegations against KochharOn Mar '16, he had written letter to PM alleging dirty dealings between bank & Videocon Group.
02 Jun, 2018, 09.44 AM IST
Videocon loan case: Tax department issues show-cause notice to Deepak KochharThey said the fresh notice to Deepak Kochhar had been issued in his individual capacity and it sought details of his personal finances and ...
26 Apr, 2018, 06.48 AM IST
Income Tax dept not satisfied with Deepak Kochhar's explanation on funds received from MauritiusA source said the I-T department is also scrutinising the returns of NuPower and Kochhar along with others associated with him to know the ...
13 Apr, 2018, 09.45 AM IST
During FY15-17 loans increased, revenues fell at firms linked to Deepak KochharNuPower Renewables reduced its debt to Rs 250 crore in FY16 from Rs 686 crore in FY15.
13 Apr, 2018, 09.17 AM IST
Deepak Kochhar’s NuPower seeks more time to explain Mauritius linksThe tax department has sought details of the individuals behind First Land Holding and DH Renewables Holding, which invested Rs 325 crore a...
13 Apr, 2018, 07.09 AM IST
Videocon loan case: I-T department issues second notice to Deepak KochharThe taxman has also sought, according to the notice, nature of activities of Deepak Kochhar's NuPower Renewables between 2010-11 to 2015-16.
12 Apr, 2018, 10.18 PM IST
ICICI row: RBI’s probe in 2016 had flagged concernsThe RBI inquiry, however, did flag some issues though it could not conclusively establish “the aspect of quid pro quo allegation of extensi...
12 Apr, 2018, 07.22 AM IST
Videocon loan case: Income-tax department to soon seek information from Mauritius on NuPower investorA notice has been issued to Deepak Kochhar under section 131 of the I-T Act and he has been asked to furnish details of his personal financ...
04 Apr, 2018, 09.16 AM IST
Disclose majority shareholder's real identity: Whistleblower Arvind Gupta to NuPowerVideocon Group chairman Venugopal Dhoot is said to have invested in NuPower Renewables Pvt Ltd and extended Rs 64-crore loan after Videocon...
03 Apr, 2018, 08.19 PM IST