Yes crisis: ED summons Anil Ambani

According to officials, Anil Ambani has been asked to depose at ED's office in Mumbai on Monday as his group companies are one among the big entities whose loans went bad after borrowing from the crisis-hit bank. Ambani's group companies are stated to have taken loans of about Rs 12,800 crore from the bank that turned NPA.

You are receiving this email because you signed up at Economictimes.com. In case, you wish to Unsubscribe Click here

THE ECONOMIC TIMES NEWS DIGEST Mon, Mar 16, 2020 | 04:30 PM IST

Dear Mathew , here are top stories of the day.

News Yes crisis: ED summons Anil Ambani According to officials, Anil Ambani has been asked to depose at ED's office in Mumbai on Monday as his group companie... How Telangana is redefining data-driven governance With nearly 64% of India's CCTV cameras, and facial recognition for traffic, law and order, pensions, and elections, ... View: Modi's move to engage SAARC on Covid-19 shows his capacity to surprise Sensing the need of the situation, he has again asserted India's leadership role in the region by inviting other Saar...

Today's Highlights Yes Bank to resume full banking services from March 18 "We will resume full banking services from Wed, Mar 18, 2020, 18:00 hrs. Visit any of our 1,132 branches from Mar 19,... Andaman suspends all tourism till March 26 The Andaman & Nicobar administration has shut all travel and tourism related activities in the union territory starti... Jobseekers' numbers fell marginally in 2015-2017 "As per the information received from the states/UTs, the number of job seekers, all of whom may not necessarily be u...

India's coronavirus tally could be just the tip of the iceberg As the no. of positive coronavirus (Covid-19) cases cross 100, ICMR intensifies the task to identify community transm... Indians at epicentre: Locked out and confused Many students ET spoke with feared they would be left to the mercy of the already-overburdened Italian healthcare sys... Vivad Se Vishwas: I-T officials ready with rules, forms Tax officials are ready with necessary rules and forms under the Vivad Se Vishwas Scheme to settle direct tax disput...

Industry Most airlines may go bankrupt by May The US has suspended all tourist visas for people belonging to the European Union, the UK and Ireland. Similarly, the... CCD: Probe finds $270 mn missing after Siddhartha's suicide Coffee Day is finalizing a deal with Blackstone Group Inc. for real estate assets. ... Consumer goods fly off the shelves as coronavirus spreads in India Deliveries have been delayed and some items such as sanitisers have gone off shelves or are unavailable online. Retai...

Wealth Coronavirus impact: What investors should do now The spread of the virus has triggered panic across the world and shaken the confidence of investors.... Understand data trends to manage investments A general understanding or approximation about the future movement of an economic variable can help investors to reba... COVID-19: This is not the time to invest The problem around us is real, and the world has not yet found a solution. ...

RISE Bigbasket, Grofers orders double as malls shut down The development comes as authorities in major metros are urging people to stay at home, shutting down malls and resta... After flak Airbnb rolls out full refund policy While the policy applies to bookings and Airbnb Experiences all around the globe, it excludes domestic travel in main...

Panache In the marketplace, you have to give consumers what they want: Harsh Mariwala The Marico chairman feels that market research can often be too optimistic when it comes to launching a new product. ... James Bond actress Olga Kurylenko tests positive for coronavirus, urges fans to 'take this seriously' The 40-yr-old said fever and fatigue were her main symptoms. ... When COVID-19 leaves nothing to do Amazingly, there's still many things people can do while staying at home....

Tech Over 3,000 US employees file class action suit against Cognizant This is a fallout of Cognizant's announcement in October that about 6,000 of its employees in the content moderation ...

Mutual Funds Index funds seek relief on Yes Bank lock-in The final reconstruction scheme for Yes Bank mandates a lock-in for existing shareholders up to 75% of their holding ...

Follow Us on ET:

About us|Advertise with us|Feedback|Sitemap|Code of Ethics © 2020 Times Internet Limited. Our mailing address is: Economictimes.com (Times Center), FC - 6, Sector 16 A, Film City, Noida - 201301 Uttar Pradesh, India

To ensure delivery directly to your inbox, please add newsletter@economictimesnews.com to your address book today. If you are having trouble viewing this newsletter, please click here

To unsubscribe or edit your subscriptions please click here