Business

ED Raids Residences Of Former Ranbaxy CEO And His Brother

New Delhi :  The Enforcement Directorate (ED) on Thursday conducted raids at the residences of former Ranbaxy CEO Malvinder Singh and his brother Shivinder Singh. The investigating agency carried out the searches in connection with a money-laundering case.

According to ED officials, the raids were conducted after a case was filed under the Prevention of Money Laundering Act (PMLA). The move comes amid the charges of alleged financial irregularities against the Singh brothers and the subsequent downfall of their businesses.

SRL-Microsoft develops AI-powered API to improve cancer diagnosis & patient care

Mumbai: SRL and Microsoft organized a day-long pan India Histopathology Meet, themed on 'Digital Pathology and Artificial Intelligence', in Mumbai. Th...

RBI imposes Rs 1 crore fine on LVB, Rs 75 lakh on Syndicate Bank for violating norms

Mumbai : The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on Lakshmi Vilas Bank for non-compliance with certain provisions...

TCS named India's overall most outstanding company in Asiamoney's 2019 poll

Singapore: Tata Consultancy Services (TCS) said on Monday it has been voted as the overall most outstanding company in India and the most outstanding ...

IMF calls for connecting dots between sustainable finance and financial stability

Washington : Environmental, social and governance (ESG) issues can have a material impact on the performance of firms and stability of a financial sys...