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Magnetic pillows to a Rs 50,000 cr empire: How PACL, Nirmal Singh Bhangoo made it big
Corporate

Magnetic pillows to a Rs 50,000 cr empire: How PACL, Nirmal Singh Bhangoo made it big

There have been many ponzi schemes in India's history and then there's Pearls Agrotech Corporation Limited, better known as PACL.

Will go to appellate tribunal against Sebi's order to refund Rs 50,000 cr, says PACL
Corporate

Will go to appellate tribunal against Sebi's order to refund Rs 50,000 cr, says PACL

PACL said it "would also like to remind its customers that it has always kept their interest paramount and would continue to do so". <br />

Sebi flooded with refund claims from Sahara investors
Business

Sebi flooded with refund claims from Sahara investors

Sebi has got a new problem at hand - that is handling the huge volumes of refund claims with majority of them being without necessary documents and details.

Telenor may not be able to adjust 2008 licence fee in new payment
Business

Telenor may not be able to adjust 2008 licence fee in new payment

Telenor may not be able to avail of the benefit of adjusting Rs 1,658 crore licence fee it paid in 2008 for permits of its Indian venture Uninor

Pressure tactics: Sebi files criminal complaint against Sahara
Business

Pressure tactics: Sebi files criminal complaint against Sahara

The Supreme Court has asked two Sahara firms, India Real Estate Corporation and Sahara India Housing Corporation, to refund the money they raised from about 30 million investors.

CBI begins probe of I-T refund scam
Economy

CBI begins probe of I-T refund scam

A refund scam in the Income Tax department, where the user IDs of retired officers were misused, has been referred to the CBI for detailed investigation, the government said.

$100 Refund on iPad, Affirms Apple
News & Analysis

$100 Refund on iPad, Affirms Apple

iPad enthusiasts can now lay their hands on the gadget with a refund of $100.