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ED raids 26 locations in ABG Shipyard bank fraud case

The Enforcement Directorate on Tuesday raided multiple premises in Mumbai, Pune and Surat in connection with a money laundering probe against ABG Shipyard Ltd in an alleged Rs 22,842 crore bank......

Bank fraud: ED registers money laundering case against ABG Shipyard

The Enforcement Directorate has registered a criminal case of money laundering against ABG Shipyard Ltd, its former promoters along with others for allegedly cheating a consortium of 28 banks of......

Jaipur's Royal Family: 15-Year Battle Ends

A battle royale, fought over 15 long years, comes to an end as a prince and a princess -- grandchildren of the legendary Rajmata Gayatri Devi -- get back the Jai Mahal Palace Hotel from their......

Govt names former SC judge Ashok Bhushan as NCLAT president

The government has appointed Justice Ashok Bhushan, a former judge of the Supreme Court, as chairperson of the National Company Law Appellate Tribunal (NCLAT). Besides, it has appointed Justice......

Centre testing our patience, emasculating tribunals: SC

The Supreme Court Monday said the Centre was testing its "patience" and "emasculating" tribunals by not appointing officials to the quasi-judicial bodies which are facing severe crunch of presiding......

Merger with HDFC to take 8-10 months more: HDFC Bank

HDFC Bank expects to amalgamate its home loan major parent HDFC into itself by September next year, a top official said on Friday. Photograph: Shailesh Andrade/Reuters Both HDFC and HDFC Bank......

Jio gets nod to acquire Reliance Infratel

The National Company Law Tribunal (NCLT) on Monday gave its approval to Jio for the acquisition of Reliance Infratel (RITL). Photograph: PTI Photo The tribunal asked Jio to deposit Rs 3,720 crore......

Jet Air to cut salaries, send many staff on leave without pay

Jet Airways, which is yet to resume operations under its new owner, will reduce salaries for various staff and send many employees on leave without pay, amid uncertainty over resumption of its......

Why Is EPFO Hiring Law Firms?

  The Employees' Provident Fund Organisation (EPFO) is looking to empanel law companies to provide legal opinion and associated services as defined in scope of the work of EPFO. The proposal......

IDBI Bank bidders need to seek MHA nod

In a first, the government has made it mandatory for interested buyers of IDBI Bank to provide details for security clearance from the Ministry of Home Affairs (MHA) in the first stage of the......
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