Griffin Coal Mine in Australia is no longer a Lanco Group company as the ICICI Bank-led lenders took over the pledged shares as a result of default of payment, a senior official of the debt-ridden Indian infrastructure firm said. Lenders of Lanco Resources International Pte Ltd. (LRIPL), a Lanco Infratech
See Original Article

Theranos, the digraced medical-technology startup that infamously inflated the capabilities of its devices, has secured $100 million in new funding in the form of a loan.
See Original Article

60 percent of the Indian Railways' total 353 central sector projects are facing huge cost overrun due to various reasons, according to a government report. As many as 213 railway projects are facing total cost overrun of Rs 1.6 lakh crore, as per a flash report of the Ministry of Statistics and Programme
See Original Article

Kmart and its parent company, Sears Holding Corporation, have settled a $59 million case over allegations of prescription drug fraud made more than a decade ago.
See Original Article

Demonstrators stand in a parking garage holding signs and an upside down American flag outside of John F. Kennedy International Airport (JFK) airport to protest U.S. President Donald Trump's executive order blocking visitors from seven predominantly Muslim nations in New York, U.S., on Saturday,
See Original Article