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ICICI Bank orders probe into 'Children Bank of India' currency notes

ICICI Bank orders probe into 'Children Bank of India' currency notes

Ruling out the possibility of its ATM machines dispensing fake notes, ICICI Bank on Monday ordered a probe into an incident where a customer in Rohtak in Haryana reportedly got Rs 2,000 notes bearing 'Children Bank of India'.

Apart from this, some notes were printed with 'Ek Kadam Swachhta ki Aur' and 'Bharatiya Manoranjan Bank'.

Sebi inspects books of OPG securities for unfair access to NSE co-location

Sebi inspects books of OPG securities for unfair access to NSE co-location

The Securities and Exchange board of India (Sebi) surveillance team has conducted a special inspection of the books of the Delhi- based technology firm OPG securities to check if it got unfair access to National Stock Exchange Ltd (NSE) co - location server, said a source privy to the development.

Sebi officials visited trading firm premises in New Delhi last week and quizzed some of the executives. Regulator believed to have also sought trading data for the period of three years (2011-2014).

Oscars 2017: Warren Beatty's son defends him for Midnight-La La Land mix-up

Oscars 2017: Warren Beatty's son defends him for Midnight-La La Land mix-up

Legendary actor Warren Beatty's son Stephen Ira has defended his father's mix-up while presenting the best picture Oscar at this year's Academy Awards, saying "mistakes happen at live shows".

The bizarre incidents took place at the end of the gala night when La La Land, which won six trophies, including best director and actress, was incorrectly declared the best picture winner by Beatty and Faye Dunaway at the ceremony.

Sensex slides 80 points as March series turns shaky

Sensex slides 80 points as March series turns shaky

The Sensex slumped over 80 points to 28,813 on Monday as the March derivatives series began on a subdued note, mirroring a weak trend in the Asian market.

Profit-booking at prevailing levels weighed.

Maruti opens online booking for Baleno RS

Maruti opens online booking for Baleno RS

Homegrown carmaker Maruti Suzuki has opened online booking for its high-performance Baleno RS, it informed the BSE. The Baleno RS can be booking through the NEXA website.

The Baleno RS will be the first high-performance car to be sold at NEXA and will be launched on March 3, 2017. It can be booked online for a token amount of Rs 11,000.

L&T Infra Debt to raise Rs 2,500 cr to refinance projects

L&T Infra Debt to raise Rs 2,500 cr to refinance projects

With refinancing of infrastructure projects gathering steam, L&T Infra Debt Fund (L&T IDF), a refinancing unit, is raising about Rs 2,500 crore through debentures to provide liquidity for road and renewable energy projects.

As on September 30, 2016, its net worth was Rs 660 crore (excluding preference shares), debt was Rs 2,455 crore, and outstanding loan book was Rs 2,942 crore (for 25 projects).

Reliance Industries hits over 8-year high; m-cap crosses Rs 4 lakh crore

Reliance Industries hits over 8-year high; m-cap crosses Rs 4 lakh crore

Reliance Industries (RIL) has rallied 6% to Rs 1,255, hitting an over 8-year high on the BSE in early morning trade. The stock is trading at its highest level since May 30, 2008. A sharp rally in stock has seen the market capitalisation of RIL crossing Rs 4 lakh crore.

At 09:55 am; the stock was trading at Rs 1,250, with m-cap of Rs 405,629 crore, the BSE data shows. The company’s m-cap gained by Rs 57,336 crore in past four trading sessions.

ONGC to take control of HPCL to create larger oil sector entity: Report

ONGC to take control of HPCL to create larger oil sector entity: Report

India's state-run Oil and Natural Gas Corp will take control of Hindustan Petroleum Corp as part of the government's plan to create an integrated public sector oil entity, the Economic Times daily reported on Monday citing top government officials.

India plans to create a giant oil company by combining state-owned firms, finance minister Arun Jaitley said in the budget speech earlier this month as the world's third largest oil consumer looks to better compete with global majors in acquiring foreign assets.

L&T arm bags Rs 1,100 cr contract from IOC

L&T arm bags Rs 1,100 cr contract from IOC

Larsen and Toubro Hydrocarbon Engineering today said it has bagged orders worth Rs 1,100 crore from IOC for its Bongaigaon refinery in Assam.

The orders are for IOC’s Indane Maximisation project, under which it will set up a fluidised cracking unit including LPG treatment facility.

Now, SBI ATM in Uttar Pradesh dispenses scanned Rs 2000 note!

Now, SBI ATM in Uttar Pradesh dispenses scanned Rs 2000 note!

After a Delhi SBI ATM dispensed a fake note saying it was from the ‘Children Bank’s of India’, an SBI ATM in Shahjahanpur in UP reportedly dispensed a scanned copy of a Rs 2000 note. There was a mass protest after bank officials refused to acknowledge that he note was disbursed by the ATM.

Arvind Gupta, a jeweller who withdrew Rs 10,000 from the ATM got five Rs 2000 notes of which one, he claims, looked clearly fake. He was quoted saying by TOI: “Of these, one note, with serial number 5 DN 029593, was clearly counterfeit.

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