Washington : Law enforcement agencies have arrested an Indian national in New Jersey on charges of fraudulently obtaining at least USD2.3 million from elderly victims by impersonating fraud prevention representatives from the US. Charged with conspiracy to commit wire fraud, Ashish Bajaj, 28, appeared Tuesday afternoon before US Magistrate Judge Joe L. Webster in federal … Read more
Washington : The US is sending 1.5 million doses of COVID-19 vaccines to Nepal and another 500,000 to Bhutan, the White House has said, asserting that its donations around the world are without any strings attached. “Today we are sending three million doses to Indonesia, 1.5 million doses to Nepal, 500,000 doses to Moldova, and … Read more
Tata Steel is aiming an installed capacity of around 30 million tonne per annum by 2025 in India from the existing 18.5 million tonne. The company has recently acquired Bhushan Steel and Usha Martin plants, which has a combined rated capacity of 7 million tonne per annum. The planned 30 million tonne capacity was based … Read more
Coal India has maintained its production target at 652 million tonne for fiscal 2018-19, even as the government embarks on an offer for sale (OFS) programme to sell 3% stake in the mining behemoth. In the last fiscal, the company produced 567 million tonne of coal and dispatched 580 million tonne. Coal India is the … Read more
Kridhan Infra’s Singapore-based 100% subsidiary — KH Foges has been awarded two new orders in Singapore worth $24.63 million. KH Foges has been contracted to execute Piling Works for a seven-storey distribution centre in Singapore. This order is worth $19.85 million and is to be completed within 5 months. Additionally, the company has secured a … Read more
Axis Bank has raised $50 million under the GMTN Programme through its Dubai International Financial Centre (DIFC) branch. The settlement took place on October 16, 2018. The Notes will be consolidated and form a single series with the $250,000,000 3.25% Notes due 2020 issued on March 11, 2015 and the $500,000,000 325% Notes due 2020 … Read more
SAN FRANCISCO: Facebook says hackers accessed personal data of 29 million users in a breach disclosed late last month. The leading social network had originally said up to 50 million accounts were affected in a cyberattack that exploited a trio of software flaws to steal “access tokens” that enable people to automatically log back into the … Read more
