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CBI unearths 339 shell companies used to divert Rs 2,900 crore

The Central Bureau of Investigation has unearthed multiple complex webs involving 339 shell companies used for allegedly diverting funds unscrupulously to the tune of Rs 2,900 crore as part of its......

'The judiciary in India is one institution that is above fault'

'My confidence in the Indian judiciary is absolute after I saw justice being delivered in Gujarat even when a BJP government was ruling the state. The Muslims of Gujarat believed that they will......

Mumbai: BJP MP Kirit Somaiya booked for assaulting cop

A first information report has been registered against Bharatiya Janata Party Member of Parliament Kirit Somaiya for allegedly assaulting and threatening an inspector inside a police station in......

FTIL's stake sale: Forward Markets Commission to meet on May 6

Commodity markets regulator FMC will meet on May 6 to decide the next course of action against MCX as the deadline for complying with its order to ensure that erstwhile promoter FTIL reduces its......

The Lokpal is no magic wand to fight corruption

A more informed electorate, rather than the Lokpal, can fight corruption better, argues Neeta Kolhatkar. Parliament passed the ever delayed Lokpal Bill on December 18. The President has given the......

After exchanges, Jignesh Shah, now, wants to become a job creator

Shah wants to focus this time on a mentoring role and help youngsters with innovative ideas live their entrepreneurship dreams by providing them a platform for "institutionalisation, globalisation......

NSEL saga: Was Jignesh Shah a victim of corporate conspiracy?

'We were number one in commodity, currency, electricity, bonds, spot and everything. 'The purpose was to create an accident and then exploit it to eliminate the group. There were so many vested......

Mumbai Police arm issues fresh notices to 300 NSEL brokers

Sebi’s main contention against brokers is that the NSEL was offering paired contracts and they were forward contracts, which were “illegal”. The Economic Offences Wing (EOW) of......

300 NSEL brokers face heat from Mumbai police

Sebi filed a criminal complaint against the brokers with the economic offences wing, which on Friday registered a case under the Forward Contract Regulation Act 1952. After receiving show cause......

18 things that will shape India's economy this year

As economic policy making moves from pragmatism to populism, the bulls begin to make way for cautious optimists. Illustration: Uttam Ghosh/Rediff.com Pre-election years are usually exciting. While......
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NCLAT disallows removal of 63Moons board

The NCLAT has disallowed the government from superseding the board of 63 Moons Technologies that was caught up in the Rs 5,500-crore NSEL payment cris ...

https://www.thehindubusinessline.com/markets/stock-markets/nclat-disallows-removal-of-63moons-board/article31048451.ece

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