The Enforcement Directorate (ED) on Thursday said it has arrested Karvy Stock Broking Limited (KSBL) CMD C Parthasarathy and group CFO G Krishna Hari in connection with a money laundering investigation linked to alleged diversion of clients' securities of over Rs 2,873 crore. The agency produced the two-- already lodged in central jail, Bengaluru after being arrested by the police-- before a special Prevention of Money Laundering Act (PMLA) court in Hyderabad on January 20 and on January 25 it remanded them to four days of ED custody from January 27-30, it said in a statement. The ED case, filed under the criminal provisions of the PMLA, is based on multiple Telangana Police FIRs filed by the HDFC Bank, few other banks and investors alleging clients' securities were illegally diverted by Karvy Stock Broking Ltd and these were later pledged with banks and non banking financial companies (NBFCs) for loans which were later "defaulted".
Prima facie, there was evidence to indicate that there was a 'conspiracy' between Hasina Parkar (Ibrahim's sister), Salim Patel (alleged associate of Ibrahim) and Malik to grab the land owned by Munira Plumber and her mother Mariyum Goawala, said R N Rokade, special judge for cases under the Prevention of Money Laundering Act (PMLA).
CBDT stated the searches were on a group based at Chennai and Tiruchirappalli, strictly in line with the Income Tax Act
"One nation, one law can be understood. But we will never accept one nation, one party plan of the BJP", Thackeray said.
It was in Kolar in 2019, during Lok Sabha election campaigning, that he made a remark on the Modi surname for which he was convicted of criminal defamation and stripped of his Parliament membership last month.
The Supreme Court on Thursday junked a plea filed by former Maharashtra home minister Anil Deshmukh seeking records, including file notings and internal correspondence, of the preliminary enquiry report in the corruption case, saying "should we entertain this because he has been a minister."
James Taylor, Smith's deputy, has had his job title change from England selector to head scout.
Two professions have to be necessarily independent, a judge and a journalist. If they falter, democracy collapses,
He made the demand during a joint press conference with Arvind Kejriwal and Bhagwant Mann who called on him in Hyderabad to discuss the issue of the Centre's ordinance.
Leading stock exchange NSE's board has given its approval to the Central Bureau of Investigation (CBI) to prosecute its former MD and CEO Chitra Ramkrishna in the co-location scam case, sources said on Monday. The CBI was awaiting the go-ahead of the board of National Stock Exchange of India (NSE) to prosecute Ramkrishna following her arrest in March last year. She was arrested in the co-location scam nearly four years after an FIR was registered by the agency in May 2018.
The Aam Aadmi Party on Saturday drew flak as videos purportedly showing its jailed Delhi minister Satyendar Jain receiving massage and meeting visitors in his prison cell emerged, with the opposition Bharatiya Janata Party and Congress demanding his sacking and questioning the 'silence' of Delhi Chief Minister Arvind Kejriwal.
On May 5, the Gauhati high court had rejected the anticipatory bail plea of Srinivas in a case lodged by expelled chief of Assam Youth Congress Angkita Dutta, accusing him of causing mental agony to her.
Yadav was given notice to appear for questioning on Tuesday after he did not do so on March 4 and March 11, they said.
The Congress president also came down heavily on the BJP over the Adani issue.
CBI is expected to issue summons to a number of other people and entities involved in the case in the near future
Bollywood actor Nora Fatehi was on Thursday questioned for nearly five hours by Delhi Police's Economic Offences Wing for investigation in connection with an extortion case linked to alleged conman Sukesh Chandrashekhar, officials said.
Stalin still enjoys a lot of sympathy and empathy as someone wishing well for the state, but not full-throated support as in 2019 and 2021, notes N Sathiya Moorthy.
ED, which has been probing the alleged financial irregularities and cheating by Saradha group of companies, has also detected that a high interest rate of 18 per cent was assured to investors if they invested in the groups' schemes for a period of 3-5 years, the probe report said.
Yadav was earlier called for questioning on March 4 but he had not appeared before the CBI sleuths, following which a fresh date was given for Saturday, they said.
Congress president Mallikarjun Kharge on Sunday accused the Bharatiya Janata Party-led central government of being 'undemocratic', and said people will have to strongly fight against its 'dictatorship' to save democracy.
The Central Bureau of Investigation has arrested the commercial head and production controller of India Ahead News in connection with a probe into the alleged Delhi excise scam, officials said Monday.
She said that America spent $46 billion on foreign aid last year, which is given to countries like China, Pakistan, and Iraq.
The Delhi high court on Friday declined to stay the proceedings with regard to confirming the provisional attachment of bank accounts of NGO Amnesty International, but said that any final order passed in the matter would not be implemented without leave of the court.
After the Trinamool's overwhelming majority in the West Bengal assembly elections last year, the SSC scam has given fresh ammunition to the Bharatiya Janata Party and the Communist Party of India-Marxist. Ishita Ayan Dutt reports.
Nationalist Congress Party chief Sharad Pawar on Sunday said he would build new leadership in the party and asserted he gets more energy to work when such situations come up.
Education ads are among the worst offenders when it comes to misleading claims. After keeping tabs on factual discrepancies, the Advertising Standards Council of India (Asci) is now updating its guidelines for the sector to curb the tendency of such ads to perpetrate negative habits and stereotypes. The industry watchdog has invited public consultation starting on Monday until April 15, following which its updated guidelines will take effect. Inputs and feedback can be sent to contact@ascionline.in.
As opposition leaders like the Congress president Mallikarjun Kharge and Janata Dal-United supremo and Bihar Chief Minister Nitish Kumar expressed solidarity with Kejriwal on Saturday and renewed calls to speed up opposition unity efforts to take on the BJP, officials said the CBI may ask the AAP chief about the policy formulation process, especially of the "untraceable" file which was earlier slated to be put before the Delhi Council of Ministers.
Former Union Minister and senior Congress leader Renuka Chowdhury was on Thursday seen in a video purportedly grabbing the collar of an on-duty police official during a protest called by her party, the act forcing the police to slap a case against her.
'It is this fear that is behind all that has happened to Rahul Gandhi.'
Sunanda, who was not married to Tharoor then, had refuted allegations of any wrongdoing.
The summons have been sent at the south Delhi guest house where Shah, the Chairman of Democratic Freedom Party of Jammu and Kashmir, has been kept after Delhi police detained him on Saturday.
In the prevailing difficult circumstances, the Congress is the only party that can provide capable and decisive leadership to the country, Kharge asserted.
The prime minister, who loves to be in the media and tweets on issues, is keeping quiet on key issues, he said.
AAP spokesperson and MLA Atishi said Sisodia was arrested because of growing popularity of the party and its leader Arvind Kejriwal.
Jailed conman Sukesh Chandrashekhar has written to the Delhi lieutenant governor alleging that Aam Aadmi Party leader Satyendar Jain 'extorted' Rs 10 crore from him in 2019 to ensure his safety in prison, his lawyer said on Tuesday.
The CBI has said the mall belongs to Yadav who has made investment in the project through a company.
Robert Solis, the man convicted of murdering Sandeep Dhaliwal, the first turbaned Indian-American Sikh police officer in the US state of Texas while making a traffic stop in 2019, has been sentenced to death, according to a police official.
The Congress on Thursday said former party chief Rahul Gandhi will file an appeal against a Gujarat court verdict holding him guilty in a 2019 criminal defamation case, and alleged that the government was after him for speaking the truth and bringing to light its 'misdeeds'.
No immediate reaction was available from the Aam Aadmi Party on the BJP's allegation.
Speaking two days after his release on bail in a case under the Prevention of Money Laundering Act, he also said a joint parliamentary committee should look into all such cases.
