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  • Dairy firm Kwality Ltd under investigation for alleged $190 million fraud
    Reuters

    Dairy firm Kwality Ltd under investigation for alleged $190 million fraud

    India's federal police on Monday said they had registered a case against dairy company Kwality Ltd. and its directors for allegedly cheating a consortium of banks of around 14 billion rupees ($190 million). Based on a complaint by state-run lender Bank of India, the Central Bureau of Investigation (CBI) said it has registered a case against Kwality for alleged "diversion of bank funds, sham transactions with related parties, fabricated documents". Kwality's managing director Sanjay Dhingra, who is named in the CBI case, was unavailable for comment.

  • Take Charge America Offering Free One-On-One Housing Counseling During October
    Business Wire

    Take Charge America Offering Free One-On-One Housing Counseling During October

    In response to ongoing economic impacts of COVID-19, Phoenix-based Take Charge America has made its one-on-one housing counseling services free through the end of October.

  • Reuters

    Investors brace for months of big market swings as virus, political worries loom

    Investors are bracing for an extended period of market volatility, as worries over a potential resurgence in coronavirus cases and political uncertainty roil stocks. The Cboe Volatility Index, known as "Wall Street's fear gauge," hit its highest level in nearly two weeks as concerns over waning fiscal stimulus and the long-term economic consequences of the coronavirus pandemic took the S&P 500 down to a seven-week low on Monday. VIX futures show that investors are betting that market swings will persist beyond the Nov. 3 U.S. presidential election and into December, reflecting worries over the possibility of a contested election and concerns that a deeply divided government will fail to agree on providing more fiscal stimulus to support the U.S. economy.

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