Three owners of a concern of Nurjahan Group were sentenced to five months in prison yesterday in a case filed in connection with defaulting Tk 325.84 crore in loans.

The parents of Shamima Nasrin, former chairman of Evaly, yesterday told the High Court that they would like to take over the company and ensure its revival.

Think Big Solutions Ltd, a fintech company, will launch Bangladesh’s first integrated digital invoice auction platform, TREDXonline, which will bring together financiers, corporates, and their suppliers onto a single platform to create a win-win-win value proposition.

ACI Motors has received a couple of awards -- the Foton Global Excellent Brand Communication Award-2021 and Foton Global Service System Construction Merit Award-2021 -- from Foton Motor Group.

Premier Cement Mills yesterday received permission from the stock market regulator to raise Tk 310.75 crore by issuing preference shares.

Japan’s Toshiba on Monday announced plans to split into two companies, revising a controversial proposal to divide into three following a tumultuous period for the storied industrial conglomerate.

Nagad has unveiled a new service allowing customers of 12 Palli Bidyut Samiti in Savar, Keraniganj, Narayanganj, Narsingdi, Gazipur, Munshiganj, Manikganj, and Bhaluka to pay their electricity bills using the app of the mobile financial service or USSD at free of cost.

Swedish price comparison firm PriceRunner said on Monday it is suing Alphabet-owned Google for about 2.1 billion euros ($2.40 billion), the latest firm to take legal action alleging the search giant manipulated search results.

Blended Learning Center (BLC) and Human Resource Development Institute (HRDI) of  Daffodil International University organized a panel discussion on 'Transforming Higher Education, Post Pandemic-A South Asian Model' on February 04, 2022, virtually.

IPDC Finance Ltd recently witnessed the appointment of a new chairman.

The Money Loan Court in Chattogram has barred Nurjahan Group owner Zahir Ahammed from leaving the country in a case filed in connection with defaulted loans of Tk 118.5 crore.

Finnish telecoms giant Nokia reported a solid increase in profits in 2021 on Thursday and issued a confident outlook for the coming years as sales rose despite supply problems.

Tasty Treat, a fast food retail brand of Pran-RFL Group, has received a gold medal under food stall category at the 26th Dhaka International Trade Fair-2022.

Mobile Financial Service ‘Nagad’ has come up with a cashback offer to reduce hassles to pay students tuition fees at their respective institutions. From now on, students who pay fees at school, college, and university’s will receive 5 percent instant cashback or up to BDT 50 per month.

Stock investors whose funds were siphoned off by Tamha Securities blame the Dhaka Stock Exchange (DSE) and Central Depository Bangladesh Ltd (CDBL) for the loss of their funds.

The construction of the container freight station (CFS) has already commenced and is expected to be completed in a phased manner by the end of 2022.

The Facebook-backed digital currency project Diem announced Monday the winding down and $182-million sale of its technology, capping a years-long initiative that drew significant concern from regulators.

Ifad Autos said its profit slumped 41 per cent year-on-year to Tk 24.6 crore in the July-December period of the current fiscal year owing to its increased operational cost.

Square Textiles Ltd, a concern of Square Group, yesterday said its profit rocketed in the first six months of the financial year as revenue growth outpaced the cost of sales.

After successfully completing the first phase of this initiative- serving 150,000 RMG workers and slum dwellers of Dhaka and its surrounding areas with quality healthcare services, now the 2nd phase is being launched.