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Chicago Man Fraudulently Accrued 42 Million Delta SkyBonus Points, U.S. Says

”CreditCreditTony Gutierrez/Associated PressWhere would you go if you had more than 40 million points with an airline?Gennady Podolsky, a travel agent based in Chicago, was charged on Wednesday with 12 counts of wire fraud in connection with what prosecutors describe as a 13-month scheme in which he accrued 42 million Delta SkyBonus points, valued at more than $1.

14 Million Watched Democrats Debate in Houston

Media|14 Million Watched Democrats Debate in HoustonImageThe audience for the primary debate at Texas Southern University on Thursday was outranked only by one of the June debates, which drew 18.Only the NBC News debate in June, which drew 18.

Andrew Luck Walked Away From $58 Million, but That’s Not Necessarily Bad

“I wanted to set myself up with a nest egg,” he said.After paying his agent and taxes, he probably has about $44 million, seemingly more than enough to last a lifetime.

Xiaomi sells over 100 million smartphones since India entry in record time

“In any country, in any market across the world, no other brand has been able to sell over 100 million smartphones within five years, which is a great milestone,” said Manu Jain, vice president of Xiaomi.The sales coming from both online and offline markets combined over the last five years, underline Xiaomi's growth in both segments where it has become the largest player by volumes, as per IDC data in June.

Brazil’s Odebrecht to Pay $50 Million to Charities Under Deal With Development Bank

Construction conglomerate Odebrecht SA reached a settlement agreement with the Inter-American Development Bank over bribery charges.Photo:

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Odebrecht SA, a Brazilian construction conglomerate, will pay $50 million in charitable contributions to resolve allegations of bribery under a deal reached with a Latin American development bank.

UPI transactions top 900 million in August

July saw 822 million transactions; use may touch 1 billion in the upcoming festival months.Newly released data from National Payments Corporation of India (NPCI) show that in August, a total of 918 million transactions worth Rs 1.

TIW Private Equity buys majority stake in digital marketing firm Digital Refresh Networks for $6 million

35 AM ISTBCCLThe cash-and-stock deal for a 60% stake at present will give Digital Refresh Networks bandwidth to strengthen core services and for acquisitions.MUMBAI: Indian buyout firm TIW Private Equity has acquired a majority stake in Mumbai-based digital marketing firm Digital Refresh Networks (formerly Digital F5) for $6 million or about Rs 40 crore.

Google Is Fined $170 Million for Violating Children’s Privacy on YouTube

ImageJoseph Simons, the chairman of the Federal Trade Commission, described a settlement with Google over children’s privacy violations on YouTube as “a significant victory” for parents.To settle the charges, YouTube agreed to the $170 million penalty, with $136 million going to the trade commission and $34 million to New York State.

SEC Awards $1.8 Million to Whistleblower Reporting Alleged Overseas Misconduct

8 million to a whistleblower whose information exposed alleged misconduct that occurred overseas, the agency said.The tipster also had reported the alleged misconduct to the company on multiple occasions, the SEC said.

Allergan to Pay $5 Million to Settle Ohio Opioid Suit

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PLC said it agreed to pay $5 million to settle its part of a landmark federal opioid trial slated to begin in Cleveland in October.The Dublin-based pharmaceuticals company said it would pay $1.

TVS Motor's HLX series surpasses 1-million sales mark

The series, launched in 2013 in the African market, has been witnessing growing presence in Middle-East and South America.11 PM ISTBCCLCHENNAI:: Two- and three-wheeler maker TVS Motor Company on Friday said its motorcycle under the HLX series has surpassed the one-million sale-mark globally.

YouTube Said to Be Fined Up to $200 Million for Children’s Privacy Violations

Technology|YouTube Said to Be Fined Up to $200 Million for Children’s Privacy ViolationsImageYouTube was accused of illegally collecting personal information about children.The settlement would be the largest civil penalty ever obtained by the F.

PE Daily: Altas to Buy Jordan Co.’s DuBois | LGT Buys Indian VC Firm from Soros | Varsity Raises $417 Million

To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.If you listen closely, you can almost hear the collective sigh of parental relief rising over the sound of morning commuters in my town.

Canaan Partners Incubates, Leads $10 Million Seed Round for Fintech Startup Bond

To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.27, 2019 7:02 am ET





Canaan Partners has led a $10 million seed investment in Bond Financial Technologies Inc.

Coal India: Coal India aims to substitute 120 million tonnes of imported coal

In the 2018-19 fiscal, the country produced 730 million tonnes (MT) of coal, while 955 MT was consumed, leading to a gap of 230-235 MT.40 PM ISTBCCLRepresentative ImageKOLKATA: If law & order situations are conducive and land acquisitions go as targeted, Coal India, may be able to substitute 120 million tonnes of imports with domestically coal in the next three years.

Reliance Jio added 8.3 million users in June, Vodafone Idea lost 4.1 million: Trai

In absolute terms, Vodafone Idea continued to lead the total subscriber tally at 38.41 PM ISTBCCLAs on June 30, 2019, Vodafone Idea had a subscriber market share of 32.

US healthcare BPO may be valued at $225 million: PE firms in race to acquire emids Technologies

At present, the three PE funds hold together about 65% stake, promoters hold 23% and the rest of the stake is held by friends and employees.In this proposed deal, promoters are likely to hold about 10% stake in the company.

$1 Million Penalty Brings Record Nursing Home Default Near an End

Business|$1 Million Penalty Brings Record Nursing Home Default Near an EndImageOne of Rosewood Care Centers’s facilities, in Inverness, Ill.CreditCreditDanielle Scruggs for The New York TimesThe biggest default in the history of a federally insured mortgage program for nursing homes is approaching a resolution.

New milestone: Economic Times readership crosses 1 million per day mark

01 million readers, ET’s daily readership is 75% more than the combined readership of Business Standard, Mint and Hindu Business Line.The Times of India added 140,000 readers over the previous quarter even as non-Times Group newspapers together lost 180,000 readers during the period.

Construction-Focused Venture Firm Brick & Mortar Closes $97 Million Fund

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Large construction businesses including Ardex and Mexican concrete company Cemex invested in the fund





















Aug.13, 2019 12:00 pm ET





Brick & Mortar Ventures has raised a $97 million fund targeting the construction, engineering and architecture sectors.