In a setback to NCP, a leader who quit the party recently to join the BJP, Pradeep Kand, won a seat in the Pune District Central Cooperative Bank’s board of directors on Tuesday. The NCP won the remaining six of the seven seats, for which elections were held. Elections to cooperative banks are held in an indirect manner, with cooperative societies Read More

Guardian understands quartet from Retail Acquisitions Limited shared £3m days after buying struggling department store chain BHS could implement job cuts as part of effort to turn company fortunes around. Photograph: Dominic Lipinski/PA More than a third of an £8.4m loan taken out of BHS by its new owners in March last year went to four directors who were part Read More