The Economic Times
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| 08 August, 2020, 02:57 PM IST | E-Paper
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    Miscellaneous

    London court orders Anil Ambani to pay USD 717 million to Chinese banks

    A UK court on Friday directed Reliance Group chairman Anil Ambani to pay nearly USD 717 million to three Chinese banks pursuing the recovery of funds owed to them as part of a loan agreement within 21 days. At a remotely held hearing, in line with procedures in place for the COVID-19 pandemic, Justice Nigel Teare ruled at the Commercial Division of the High Court of England and Wales in London that a personal guarantee disputed by Ambani is binding on him.

    Watch: Is Bengaluru heading for a 'dry run'?

    Bengaluru, with a population of around 10 million, consumes approximately 1.4 billion litres of water in single day. 58 per cent of its sewage water can be treated and reused. Much of that waste water is being pumped into the city’s many lakes. With a crisis looming large, the IT capital of the country is supposedly heading the Cape Town way. ET's Indulekha Aravind dives deep to find out what lies ahead for the city and its people.

    Egg prices have jumped by up to 40 per cent

    Egg prices have jumped by up to 40 per cent to Rs 7-7.50 per piece in retail markets in most parts of the country, hit by tight supply, Poultry Federation of India President Ramesh Katri said today

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