ED searches premises of Mumbai firm ‘linked to’ Nawab Malik’s son

The Enforcement Directorate (ED) is investigating a Rs 150-crore money laundering case against a city-based company, Associate High Pressure Technologies Pvt Ltd, that has allegedly diverted bank loans to a company linked to NCP leader Nawab Malik’s son Faraz Malik. The agency on Monday searched five premises in Mumbai and Gujarat linked to the promoters of Associate High Pressure for defaulting on loan repayment to the Union Bank of India. The ED has alleged that of the Rs 150 crore, Associate High Pressure has diverted about Rs 10 crore to…

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Sustainable Fashion Searches Surged In 2018

Sustainable trainer brand Veja appeared in the top 10 shoe searches and top 10 Insta brands for 2018Veja Consumers have been putting their money where their mouth is when it comes to sustainability as Lyst’s year in fashion, out today, shows. The fashion search engine tracked more than 100 million searches on their shopping site over the past 12 months to analyze the biggest trends and most buzzed about brands. Lyst has reported a 47% increase in shoppers looking for items that have ethical and style credentials with terms such as…

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