In March this year, he quit to start his own firm for equity syndication to cater to small and medium enterprises in smaller towns. Huzefa Sitabkhan, who was working with one of the domestic investment banks (i-banks), left to start PNR Consulting, an advisory and consultancy firm for equity and debt syndication for SMEs.
While Punjab Police officials said an investigation is currently on to ascertain if a betting syndicate was involved, the BCCI asserted that it is keeping an eye, but only to the extent of getting details of those involved. The SLC, on the other hand, denied having any knowledge of the match ever being planned in Sri Lanka.
They said the kingpin -- through his agents in Gujarat, Bihar, Uttar Pradesh and other places -- brought children under the age of 10 years and paired them with the couples in Bengaluru who acted as family.
The Supreme Court panel, inquiring into the IPL spot-fixing scam, has come down heavily on the Mumbai police for being "not willing" to investigate the involvement of underworld don Dawood Ibrahim and protecting "lots of persons" involved in the betting syndicate.
'There is a need for a younger person at the top, but the old guard wants to grab the post themselves,' points out Amulya Ganguli.
The DDCA decided to file a defamation case against Delhi CM Kejriwal and suspended BJP MP Kirti Azad for making "wild and baseless" allegations of corruption against the body.
Match-fixing has become increasingly pervasive in recent years across a number of sports.
According to a report in the Sydney Morning Herald, Starc, who didn't figure in any game for KKR last year after getting injured in the Test series against South Africa, has filed a lawsuit in the Victorian County Court last week against the insurers of his lucrative IPL deal.
The probe into selections for banks such as Bank of Baroda and Canara Bank followed the arrest of Syndicate Bank CMD S K Jain for alleged graft.
A rise in import duty could be a reason for increase in illegal consignments, say experts.
Controversial Uttar Pradesh legislator Mukhtar Ansari was on Saturday released on custody parole from Central Jail in Agra for a day to campaign in Lok Sabha election.
The Reliance Group employee is among those who have been arrested
Another Pakistan player suspended in corruption scandal.
Corporates, realtors, and even IPL fixing -- the tentacles of the hacking network, whose alleged member was nabbed by a agencies of India, US, Romania and China on Friday, run broader than anticipated, reports Vicky Nanjappa.
Countrywide raids are being conducted in connection with a money laundering case linked to a fertiliser scam.
Nifty PSU Bank index gained 1% led by Allahabad Bank, Andhra Bank, Syndicate Bank and IDBI Bank
Shanthakumaran Sreesanth's plans to come back to competitive cricket was dashed on Tuesday as the Board of Control for Cricket in India denied the India fast bowler NOC (No Objection Certificate) to play league cricket in Scotland.
Bored of the far ethat's currently on your television? Tune into Zindagi!
Corporate India has raised over 8 billion dollars through syndicated loans by way of 33 deals in the first half of this year led by Reliance Industries, which alone mopped up a whopping 2.7 billion dollars.
'The government wants farmers to diversify from rice and wheat, and create another green revolution. Cannabis can play a big part in that'
Reliance Industries Limited, the country's largest private sector company, is raising $2 billion through a 10-year overseas syndicated loan for funding its oil and gas exploration in the D6 block of the Krishna-Godawari basin.
Custom authorities have been keeping strict vigil on the cargo movements from Bhutan, Taiwan, China, Afghanistan, South Korea Japan, and Dubai since January.
Among other demands, the unions are also seeking immediate introduction of five-day week in full and reduction of cash transaction hours and regulated working hours.
'It's a toss-up between a fire sale of equity or merger with a strong bank,' points out Tamal Bandyopadhyay.
Narendra Modi appears to be confronting the BJP's 'Old Guard' just as Indira Gandhi fought the 'Syndicate' within the Congress, says Bharat Bhushan
Unveiled at an event on June 13 in New York, Galaxy Tab S tablets compete with Apple's iPad range.
It's a World Cup reporter's dream. You board a plane and who's on the flight with you? Luiz Felipe Scolari, the coach of Brazil's national soccer team. Or at least that's what Mario Sergio Conti, one of Brazil's best-known syndicated columnists, thought on Wednesday on a flight from Rio de Janeiro to Sao Paulo.
'...to give him a signal that you cannot ignore Maharashtra, you are too close to the Centre.' 'I can see some kind of rivalry also in this, but it is better that the NIA goes deep into it.'
Vishal Goyal, Banking Analyst at Edelweiss Capital, says that the interest rate increase is not that harmful for banks' bottomline.
This is a part of the company's plan to raise $13 billion debt to fund expansion of its petrochemical production capacity and gasification project for its refining facilities to improve margins.
The AAP alleged that Arun Jaitley, as president of the DDCA in 2011, had "pressurised" the then police commissioner to "close" an investigation involving a cricket club of a private bank.
Business is down to such an extent that last year these firms could not even meet RBI's capital norm of Rs 50 million for partnerships and Rs 100 million for public and private firms in this line of business.
The world's biggest match-fixer, Indian-origin Wilson Raj Perumal is suspected of masterminding the rigging of Australian professional football, the biggest in the nation's history, even while he was under Hungarian police protection in Europe.
He also accused her of nepotism by choosing to play the limited role of "bua" (aunt) to her "bhatija" (nephew) instead of becoming "Didi" (elder sister) to the people.
Sukanya Verma looks at Bollywood's cool, curious, bag moments.
Sources in the Delhi police said the investigation has made much progress and they have "enough evidence" to prove an organized crime syndicate in the case to justify slapping of MCOCA against the accused cricketers.
Modi accused the TMC of killing the aspirations of the middle-class people in the state and said the ruling party in West Bengal is known for 'triple T -- Trinamool Tolabaji Tax'.
In her bail application filed in the HC on Tuesday, Chakraborty said she is just 28 years of age, and besides the probe by the NCB, she has been subjected to three more investigations by police and central agencies, and a "simultaneous media trial".