The Weinstein Co. has announced that it has filed for bankruptcy, finding itself unable to survive the allegations of sexual abuse levelled against its co-founder Harvey Weinstein last year.


The Weinstein Co. declares bankruptcy


IANS Automatic

Diamond merchant Mehul Choksi, co-accused in the Rs 13,540 crore Punjab National Bank (PNB) fraud, has said that "exaggerated" allegations by multiple investigating agencies has left him "completely defenceless" and that he feared for his safety to return home.


Choksi to CBI: Completely defenceless due to exaggerated allegations


The world's largest social media company Facebook suffered the biggest one-day drop of its stocks by seven per cent on Wall Street on Monday in four years following reported data leakage of its 50 million users for alleged political purposes.


Facebook suffers drop of stocks amid alleged data leak crisis


Former Union Finance Minister Yashwant Sinha on Monday said demonetisation has "failed comprehensively", as he compared Prime Minister Narendra Modi to 14th century Delhi Sultanate ruler Muhammad bin Tughlaq.


Sinha compares Modi to Tughlaq, says demonetisation has failed


The CBI on Monday filed a chargesheet against state-run Canara Bank's former CMD and five of his colleagues for cheating the bank in 2014 in collusion with a Delhi-based firm by defaulting over Rs 68.38 crore loan.


CBI names six former Canara Bank officials in Rs 68 cr fraud


Demanding a joint parliamentary committee (JPC) probe into the recent banking fraud, the United Forum of Bank Unions (UFBU) -- a body of nine trade unions -- on Monday questioned the supervision mechanism of the Reserve Bank of India (RBI).


Bank unions demand JPC probe into PNB fraud case


At least 52 people were killed and 91 remain missing after Cyclone Ockhi struck Kerala's southern districts on November 30 last year, the state assembly was told on Monday.


52 killed, 91 missing in Kerala after Cyclone Ockhi


The market for fakes in India has grown steadily and stands at a whopping over Rs 40,000 crore even as law enforcement remains weak, the Authentication Solutions Providers Association (ASPA) said on Sunday.


Counterfeit market in India worth over Rs 40,000 cr: ASPA


'SIX' actor Kyle Schmid has had jewellery worth $30,000  stolen in a burglary in his home.


Kyle Schmid hit by burglars


Actress Rose McGowan, who alleged that Hollywood producer Harvey Weinstein had raped her, says she is sure that the "sociopath" would prefer if she was dead.


Weinstein would prefer it if I were dead: McGowan


State-run United Bank of India on Saturday said it had issued bank guarantee of Rs 155.5 crore to National Small Industries Corporation (NSIC) against 100 per cent margin after the ED filed a money laundering case in an alleged over Rs 1.73 billion scam in the bank.


Money laundering: UBI issues guarantees of Rs 155.5 cr to NSIC


A day after their arrest by the CBI in a bank fraud case, two Directors of Kolkata-based computer manufacturing firm R.P. Infosystems were on Friday sent to three-day custody of the central agency.


RP Infosystems directors sent to three-day CBI custody


The CBI has arrested an assistant manager of North Eastern Regional Agricultural Marketing Corporation Ltd (NERAMAC) for accepting Rs 1 lakh bribe from a restaurant owner for not blacklisting his firm which prematurely withdrew from a government contract, an official said on Friday.


Northeast agricultural marketing panel official held for graft


Delhi Lt Governor Anil Baijal on Thursday requested Reserve Bank of India (RBI) to inquire into the alleged irregularities in a city cooperative bank and also directed the Economic Offences Wing (EOW) of Delhi Police to investigate the entire matter.


Baijal requests RBI to inquire Delhi cooperative bank 'scam'


The CBI on Thursday arrested two directors of Kolkata-based computer manufacturing firm R.P. Info System for allegedly cheating a consortium of banks to the tune of Rs 515.15 crore, an official said.


CBI arrests R.P. Info System directors in Rs 515 cr bank fraud


A fire broke out in Kolkata's Armenian Ghat area on the banks of the Ganga on Thursday. It disrupted the circular train services of the Eastern Railway for a short period, an official said.


Fire at Kolkata flower market


Tamil Nadu Deputy Chief Minister O. Panneerselvam on Thursday said that a comprehensive flood management plan drawn up for north and south Chennai has been submitted to the Central government for support.


'Chennai's flood management plan awaits Centre's support'


Apparently, the Nirav Modi and Mehul Choksi groups were not the only ones indulging in frauds related to Letters of Undertaking (LoUs) issued by the Punjab National Bank (PNB) officials.


Ex-PNB official Shetty booked in Rs 9-cr LoU fraud with another company


National carrier Air India on Thursday said it has "restored" its official Twitter handle after it was hacked and there is no cyber security threat now.


Air India's Twitter glitch: probe launched


Hackers broke into the Air India's official Twitter account in early hours on Thursday, posting messages in Turkish language, including flight cancellation announcements.


Air India's Twitter handle briefly hacked, restored


Breaking his silence over the Rs 13,540 crore fraud at state-run Punjab National Bank (PNB), the Reserve Bank of India (RBI) Governor Urjit Patel on Wednesday said the central bank, as the guard of people's deposits at banks, will do its best to break the "unholy nexus".

Page 95 -