'Choksi's firms siphoned off over Rs 6,344.96 cr from PNB'
Companies owned by fugitive diamantaire Mehul Choksi have allegedly siphoned off over Rs 6,344.96 crore from the Punjab National Bank (PNB) using fraudulent letters of undertaking and foreign letters of credit, a CBI investigation into the scam has detected.
'IT cos set to slash 3m jobs by 2022 due to automation'
With automation taking place at a much faster pace across industries especially in the tech space, domestic software firms that employee over 16 million are set to slash headcounts by a massive 3 million by 2022, which will help them save a whopping $100 billion mostly in salaries annually, says a report.
Mandatory hallmarking of gold begins from today: All you need to know
The Centre's directive for mandatory hallmarking of gold jewellery and artefacts came into effect from Wednesday. In November 2019, the government had announced that hallmarking of gold jewellery and artefacts would be made mandatory across the country from January 15, 2021.