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Anil Ambani undertakes not to leave country pending CBI-ED probes

Anil Ambani NEW DELHI: Industrialist Anil Ambani on Wednesday gave an undertaking to the Supreme Court through his lawyer that he would not flee India pending court-monitored CBI and ED probes into alleged siphoning of Rs 40,000 crore from loans availed of from banks.With petitioner EAS Sarma’s counsel Prashant Bhushan apprehending that given the spread...

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Energy security of 1.4bn Indians govt’s supreme priority: Goyal in Parliament

Piyush Goyal in Rajya Sabha (PTI photo) NEW DELHI: Commerce & industry minister Piyush Goyal said in Parliament Wednesday that ensuring energy security of 1.4 billion Indians will be govt’s “supreme priority”, hinting that any change in crude suppliers will not lead to rise in pump price.Goyal said India had secured its “core sensitivities” in...

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Trouble brewing in machines for coffee chains?

Representative image MUMBAI: India’s coffeehouse chains are staring at a troubling brew. A higher customs duty on roasting, brewing and vending machines which is already in place now, will raise costs for companies, hitting their margins.Factor in the rupee depreciation and a wobbly coffee inflation and you have a perfect mix for stirring up a...

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NBA trade news: Miami Heat eyes Giannis and Ja without giving up Adebayo or Powell

Giannis Antetokounmpo, Pat Riley, and Ja Morant (Images via Getty) Since Giannis Antetokounmpo and Ja Morant’s names have hit the trade market, the league’s atmosphere changed. With teams gunning for the Greek Freak and Mr. 360 degree, salary caps have been continuously moved around to make space to afford these superstars.As reported, the Heat are...

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Top JeM operative among 3 shot dead in J&K ops

File photo JAMMU: A Jaish-e-Mohammed (JeM) commander was among three terrorists killed in separate gunfights with security forces in snow-covered forests of Udhampur and Kishtwar districts in J&K’s Jammu division Wednesday, officials said.Sources identified the slain JeM man as Rubani, alias Abu Mavia, though there was no official confirmation of his identity by authorities. Security...

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