Buisiness

Mehul Choksi (File photo) NEW DELHI: Fugitive diamond merchantMehul Choksi, wanted in connection with PNB scam of around Rs 14,000 crore, was arrested on Saturday in Belgium after a renewed extradition push by Indian probe agencies.His arrest came after years of evading authorities since he fled India in 2018.Choksi, 65, was reportedly detained from a…

Mehul Choksi (AP file photo) NEW DELHI: After years on the run, fugitive diamond merchant Mehul Choksi was arrested in Belgium on Saturday. While Indian probe agencies are trying to extradite him to India, Choksi’s legal team has already begun preparing to challenge India’s request for his return.His lawyer, Vijay Aggarwal, said that Choksi’s detention…

Mehul Choksi (File photo) NEW DELHI: Absconding diamond merchant and key accused in PNB scam case, Mehul Choksi, was arrested in Belgium on Saturday. However, Indian probe agencies may face a tough road ahead in securing his extradition, as Choksi is expected to cite health reasons in court to resist being brought back to India.The…

NEW DELHI: Terminal 2 of Delhi Airport will be shut for repairs on April 15 for about four months and Terminal 1 will finally start operating at 100% capacity. Airlines operating flights from this all-domestic terminal will shift to T1. These include IndiGo and Akasa among others.In a statement, IndiGo said ” effective April 15,…

Mehul Choksi (AP file photo) NEW DELHI: Punjab National Bank scam whistleblower Hariprasad SV on Monday raised doubts on fugitive businessman Mehul Choksi’s chances of being extradited to India, citing Choksi’s access to top legal support in Europe. His reflection on concerns of bring him back to India came after 65-year-old absconding diamond merchant was…

For Apple, India offers more than escape from China. It provides access to a growing domestic market. Apple produced $22 billion worth of iPhones in India in the 12 months through March 2025 — a staggering 60% jump from the prior year, according to a Bloomberg report. That means 1 in every 5 iPhones globally…

NEW DELHI: Foreign investors have pulled out Rs 31,575 crore from the country’s equity markets so far this month, in the wake of turbulence emanating from sweeping tariffs imposed by the US on most nations, including India.This came following a net investment of Rs 30,927 crore in the six trading sessions from March 21 to…

BENGALURU: Even though TCS deferred its annual increments, an unprecedented departure from its April cycle, TCS EVP and CHRO Milind Lakkad said that the company rolled out 1.1 lakh promotions in FY25.They are in the process of hiring about 42,000 trainees in FY26, having recorded a similar number of hires in FY25.At the earnings presser,…

NEW DELHI: Ongoing uncertainty surrounding US trade policy—especially the recent tariff moves by the Trump administration—is expected to undermine business confidence and consumer sentiment across Asia, including India, and could significantly dampen regional growth, Moody’s Ratings said on Sunday.While President Donald Trump has announced a three-month delay in implementing reciprocal tariffs on most countries, China…

The combined market valuation of five of the top 10 most valued Indian companies rose by Rs 84,559.01 crore during a holiday-shortened trading week, with Hindustan Unilever Limited (HUL) emerging as the biggest gainer. This rise came even as the broader market posted a slight decline, with the BSE Sensex slipping by 207.43 points or…