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ED arrests close aide of Iqbal Mirchi in land deal case

Tuesday, October 22, 2019, 2:54 PM

The Enforcement Directorate (ED) on Tuesday arrested Humayun Merchant, a close aide of late gangster Iqbal Mirchi and seized his property in connection with an alleged land deal case. According to the source The investigating agency had earlier questioned former union minister and senior NCP leader Praful Patel in alleged connection with the case.
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Loan sell-downs help NBFCs, HFCs raise Rs.2.4L crore in one year: Icra

Tuesday, October 22, 2019, 1:13 PM

Sales of loan pools have emerged as a chief source of funds for non-bank lenders. Since the IL&FS crisis in September 2018, non-banking finance companies (NBFCs) and housing finance companies (HFCs) together have raised as much as Rs 2.36 lakh crore through sell-down of their loan assets, according to a note by ratings agency Icra.
 
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Delhi becomes 1st Asian city to get public transport feature from Uber

Tuesday, October 22, 2019, 1:10 PM

San Francisco-based ride hailing major Uber on Tuesday launched its public transport service in Delhi, the ninth city globally and the first in Asia to have the feature. With this feature, Uber users in Delhi would be able to use the public transport option that will appear on the app. "We want to be the operating system of your everyday life," a company said.

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