Union Bank faces heat over ₹7.25 crore book purchase

Union Bank of India is under scrutiny for purchasing nearly two lakh copies of Krishnamurthy V Subramanian’s book, ‘India@100,’ for ₹7.25 crore. The expenditure faced internal opposition, leading to a general manager’s suspension and an investigation by KPMG. Employee unions…

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Bangladesh owes Adani Power around $900 million

Adani Power reports that Bangladesh owes approximately $900 million for electricity supplied from its Godda plant. Despite the outstanding dues, Adani Power continues to meet its power supply commitments to Bangladesh. The company is undertaking a significant capital expenditure plan…

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