Nirav Modi's bank gets hit again

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Nirav Modi's bank gets hit again

Mumbai (Bloomberg): Scandal-hit Indian lender Punjab National Bank alleged it has been cheated – its third complaint since 2018 when it suffered through a $2 billion blow. The state-run bank filed a complaint in October alleging that Jagdish Khattar, founder …
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Sports Betting Giant DraftKings Plans Merger, To Go Public

BOSTON – Sports betting giant DraftKings plans to merge with two other firms and go public. The Massachusetts-based company said Monday that it will complete its merger with gambling tech firm SBTech and acquisition company Diamond Eagle …
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Piramal Enterprises to raise ₹2750 crore by issuing bonds

Mumbai: Piramal Enterprises said on Wednesday that it will raise up to ₹2,750 crore by issuing bonds on private placement basis. “A meeting of the administrative committee of the board of directors will be held on December 28 to consider and approve the …
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The Best—and Worst—Company Stocks in the Dow This Year

If 2018 was a terrible, horrible, no good, very bad year, then 2019 was its polar opposite. Yes, there were some hiccups along the way—dips brought on by inverted yield curves, trade tensions and what not—but none large enough to be more than normal …
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Bloomberg cuts ties with company using prisoners for campaign calls

(CNN) – Presidential candidate Michael Bloomberg's campaign has severed ties with a company that reportedly used prison labor to make calls for the
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