The I-T department said NuPower's balance sheet did not substantiate the high premium paid by Singapore-based DH Renewables for its shares, and suspects it could be a case of round-tripping of unaccounted income by NuPower.
Restricted by state government orders, the ownership of such land could not be formally registered, so the advances made continued to be reflected in the accounts as 'advances against land'.
There will remain those, though, who will remain in opposition to this massive endeavour for world peace with an aim not to improve, but to scuttle the project. But for the rest of us, a cultural and spiritual event of this significance and scale is a feast for the mind and soul, say Sankrant Sanu.
The import tariff value is the base price at which the customs duty is determined to prevent under-invoicing.
'We must look at the entire question of military preparedness anew, taking into account the new realities,' says Vice Admiral Premvir Das (retd).
The company will meet DGCA next week and is putting in place a strategy to contain the damage
In its efforts to make listed firms more responsible towards investors, Sebi may announce new insider trading norms as early as next week.
The government had in October 2007 set a sale price of $4.20 per million British thermal unit based on the price discovered by RIL from key customers.
Insolvency professionals feel the bankruptcy code will deter defaulters, but NPAs will not cease unless banks are sensitised on credit appraisal and experts are hired by banks to inspect what is happening with their loans.
The load-shedding has been in force for the last several months as the water level in reservoirs depleted drastically due to deficient rainfall last year.
'The list of things to be done or added or removed will keep growing and it will be a while before the emerging models settle down into lasting structures,' predicts Umesh Shrikhande, CEO, Taproot Dentsu.
Mergers to create at most six state banks
The SC ruled that Karnataka will now have an enhanced share of 14.75 tmcft water per year while Tamil Nadu will get 404.25 tmcft, which will be 14.75 tmcft less than what was allotted by the tribunal in 2007.
The parent entity, (Holdings) Ltd, have also expressed concern over the company's significant exposure to the airline.
The 606 positive cases includes 43 foreign nationals, the ministry said. On Tuesday, the number of cases was 519.
India thrashed China 9-0 to stay in the hunt for top spot in the round-robin league competition of the fourth Asian Champions Trophy hockey tournament in Kuantan, Malaysia on Tuesday.
As Kashmir valley remains under flood water, Air India has decided to ferry free of cost tourists trapped in Srinagar while Gujarat and Bihar governments are sending 75,000 food and dry food packets for affected people.
Resolution to the bad loans problem has to be incremental, and the RBI has to ensure NPAs are not swept under the carpet, HDFC chairman Deepak Parekh tells Joydeep Ghosh.
A new book may help companies in getting corporate social responsibility right, notes Ajit Balakrishnan.
Specific sections of the Companies Act need to be amended to empower Sebi to regulate or take penal action against an unlisted entity and its promoters for violating the insider trading and other securities norms.
Aditya Birla Nuvo gets board's nod, Videocon submits application.
The BJP said it is legal with adequate safeguards and in the interest of national security..
Theft, bribery and corruption, and regulatory non-compliance are the top three frauds
The industry began to upgrade its practices even before the NGO alleged Indian tea contained harmful pesticides.
FBT was an unpopular tax and withdrawn before the General Elections in 2009
Deputy CM Manish Sisodia says it's the 'biggest failure of our system'.
A random check of the database for India displays about 22 offshore entities, 1,046 officers or individual links, 42 intermediaries and as many as 828 addresses within the country ranging from the tony and posh locations of metropolitan cities like Delhi, Mumbai, Kolkata and Chennai to mofussil locations like that in Haryana's Sirsa, Bihar's Muzaffarpur and Madhya Pradesh's Mandasaur and state capital Bhopal.
Those people without the Aadhaar number have found a loophole in the system
The law minister said 20 Muslim countries in the world, including Pakistan and Malaysia, have banned the triple talaq. "Why can't a secular India do it?" he asked.
The second fortnight of September saw Rs 3 lakh crore of time deposits, something unique, followed by liquidation of Rs 1.2 lakh crpre of these right after.
USL is already contesting a Karnataka High Court order.
A key hindrance to a faster turnaround of these banks is the slow progress in the resolution of legacy bad loans and the need to build up provisions against those assets.
While Rajya Sabha Chairman M Venkaiah Naidu asked the protestors not to make the House a "clog in the wheel" of progress, Lok Sabha Speaker Sumitra Mahajan said they should keep in mind the larger interests of the nation.
Hospital authorities said of the deceased at the GTB, at least nine received gun shots. One of the deceased is also a woman, they said.
Welcoming the passage of Lokpal Bill in the Rajya Sabha, India Inc said that once enacted it will help weed out corruption, boost investor confidence and expedite the decision making process.
The apex court also asked Sahara Group to provide it within two weeks the list of 'unencumbered properties' which can be put on public auction.
Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each.
Market regulator is trying to build a large team of software experts for efficient monitoring and surveillance
Lt Governor Najeeb Jung, who is now administering Delhi after President's rule was imposed, on Tuesday made it clear that none of the decisions and initiatives taken by the Aam Aadmi Party government will be scrapped, including the 50 per cent subsidy on power tariff.
Two US Olympic swimmers flew home from Brazil on Thursday after a local crowd jeered them, calling them "liars" and "fakes", and police accused them of fabricating a story about being robbed at gunpoint during the Rio Games.
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