Caller threatens to blow up SBI office in Mumbai, police initiate probe | India News

MUMBAI: A call threatening to blow up the State Bank of India office in Mumbai’s Nariman Point and kill the bank chairman was received at the branch, police said on Friday. The caller introduced himself as MD Jia-Ul-Alim and claimed that he was speaking from Pakistan. He demanded a loan from the bank and threatened … Read more

Future creditors vote against Reliance deal

NEW DELHI: Bankers have rejected Big Bazaar parent Future’s Group’s proposal to sell its retail and logistics assets to Reliance Retail, signalling that the Rs 24,700-crore deal between Kishore Biyani and Mukesh Ambani may have fallen through. To go through, the proposed deal required 75% of Future’s flagship company Future Retail’s (FRL) secured lenders to … Read more