Thursday, July 2, 2020

In CBI’s case against GVK: Bogus work contract, inflated expenses, fund diversion and hotel stays

In CBI’s case against GVK: Bogus work contract, inflated expenses, fund diversion and hotel stays The FIR accuses GVK group, chairman GVK Reddy and others of siphoning off Rs 705 crore from Mumbai airport.rnrn 

from Moneycontrol Business News https://www.moneycontrol.com/news/business/in-cbi’s-case-against-gvk-bogus-work-contract-inflated-expenses-fund-diversion and-hotel-stays_13993261.html

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...