The outstanding amount also comprises a significant foreign currency component of more than $161,000, or roughly Rs 1.20 crore. Banking circles describe it as the “second biggest” default of its kind notched by a diamond industry entity after the infamous Punjab National Bank scam of around Rs 14,000 crore involving Mehul Choksi and Nirav Modi […]
This Mahindra XUV700 Accident Shows How Good The Build Quality Is!
Mahindra XUV700 is one of the highly sought after passenger cars in India this year and it has been a success across the board for its aggressive and expansive price range, powerful engine lineup and a host of advanced features inside the cabin and also on the driver-assistive side. The XUV700 was awarded five stars […]
Xiaomi 12 launch date confirmed; to be unveiled in China on Dec 28
Xiaomi 12 launch date has been confirmed. The company took to Weibo to confirm the official launch date of Xiaomi 12 series in China. Xiaomi 12 series will debut in China on December 28. The company will launch at least three devices at the Xiaomi 12 event on December 28. While the official teaser poster […]
Storyboard18 | After Nykaa IPO, Indian beauty industry looks at big boom in 2022
Whoever thought masks will deter the growth of beauty products is in for a surprise. Just last month Google trends saw a record-breaking search on ‘What red lipstick does Taylor Swift wear’. According to reports, the search went up by 800%. Clearly, beauty is trending. While Nykaa led the charge with a stock market debut in November […]
Zee-Sony mega merger: All you need to know
On September 22, Zee Entertainment and Sony Pictures Networks India (SPNI) announced a merger and the 90-day period to conduct due diligence for the process comes to a close on December 21. At the end of November, Punit Goenka, managing director and chief executive officer of Zee, had said that the “proposed merger is in the final […]
SBI revises interest rates on fixed deposits (FDs). Know details here
The State Bank of India (SBI) has declared an increase in the interest rate of FDs of further than Rs 2 crore. This protestation, which came into effect on December 15, 2021. The hike in its interest rate is handed for the new deposits and the bones whose accounts have progressed. SBI has firmed its […]
Facelifted Hyundai Venue To Get A Redesigned Rear Profile With New LED Tail Lights
The facelifted Hyundai Venue has been spotted again in South Korea. This time, it sheds some camouflage, giving us a better insight into its rear and side profile. The facelifted subcompact SUV is expected to be launched in India around August 2022. Going by the spy shots, the facelift will get a redesigned rear profile with new […]
24 carat and 22 carat Gold price remains constant today, Know gold rates in your city
Bhubaneswar Today, the gold price in India for 24 carat and 22 carat remains the same. As of December 20, Gold price for 24 carat gold (10 grams) is Rs while 22 carat gold (10 grams) cost Rs. History, Gold price for 24 carat gold (10 grams) was Rs while 22 carat gold (10 grams) […]
India no longer a buy on dip market: Analysts
Mumbai Indian equities, which have further than doubled from its epidemic lows in a record- breaking run over the once 21 months, may no longer be a’ buy on dip’ request at the moment, said judges. The harmonious selling by overseas investors amid rich valuations, reversal in easy liquidity programs of global central banks and […]
Oil prices plunge as Omicron’s rapid spread dims fuel demand outlook
NEW YORK (Reuters) – Oil prices slumped on Monday as surging cases of the Omicron coronavirus variant in Europe and the United States stoked investor worries that new restrictions to combat its spread could dent fuel demand. Brent crude futures fell $2, or 2.7%, to settle at $71.52 a barrel, while U.S. West Texas Intermediate (WTI) […]