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Just in:   • Sensex down 222 points, breaks 8-day winning streak  • Govt exceeds disinvestment target in current fiscal: Jaitley  • GDP growth forecast cut to 6.8 pc in 2019-20  • PNB fraud: Choksi cites risk to life, moves court  • Yeddyurappa paid Rs 1,800 cr to BJP leaders: Report 
Last updated: 23 Mar, 2019  
 India Industry
PNB fraud: Choksi cites risk to life, moves court
SME Times News Bureau | 22 Mar, 2019
One of the key accused in the PNB fraud case, Mehul Choksi, on Friday moved a fresh application in a special Prevention of Money Laundering Act (PMLA) court in Mumbai seeking cancellation of a non-bailable warrant against him.
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BOB.9.Thmb.jpg BoB-Dena-Vijaya Bank to be injected with Rs 5K cr
IANS | 22 Mar, 2019
The Bank of Baroda may get Rs 5,000 capital infusion from the Finance Ministry ahead of its united operations as a merged entity along with the Vijaya Bank and Dena Bank from April 1. 
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Tablet.9.Thmb.jpg Sterling Biotech case: Hitesh Patel held in Albania
SME Times News Bureau | 22 Mar, 2019
Fugitive businessman Hitesh Narender Bhai Patel, an accused in the Rs 8,100 crore alleged bank loan fraud by the Gujarat-based Sterling Biotech group, has been detained in Albania and is expected to be extradited to India soon, the Enforcement Directorate (ED) said on Friday. 
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ola.thumb.jpg Ola cabs banned in Bengaluru for licence violation
SME Times News Bureau | 22 Mar, 2019
The Karnataka Transport Department on Friday suspended the licence of online cab aggregator Ola for six months in Bengaluru for running its bike taxis while possessing a licence for only four-wheelers, an official statement said. 
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Jewellery.9.Thmb.jpg Jet pilots say mortgaging jewellery to stay afloat
SME Times News Bureau | 22 Mar, 2019
Beleaguered Jet Airways' pilots said on Friday they are suffering from massive financial stress caused by non-payment of salaries for the last three months, which has even forced some to mortgage jewellery and take short-term loans. 
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