The Enforcement Directorate on Sunday conducted searches in various Uttar Pradesh cities after it registered a money laundering case to probe the alleged Rs 3,700 ponzi scam case perpetrated by seeking fake social media 'likes' from lakhs of gullible investors by a Noida based firm.
The referendum will have long-term implications for Indian companies, which earn a substantial portion of revenue from the region.
The Reserve Bank of India (RBI) cut its key repo rate by a bigger-than-expected 50 basis points.
Official sources said the investigating officer of the case put across to him at least half-a-dozen statements of his alleged aides which form a purported "link" between him, absconding arms dealer Sanjay Bhandari, Bhandari's associates and others.
KV Kamath has had a tough journey so far.
Any NGO critical of the government is unlikely to receive a green signal. The new amendment will leave NGOs vulnerable to harassment. It was the NGO sector that helped provide compassion and food to millions of people during the lockdown. The new Bill will render such cooperation and camaraderie impossible in future, observes Rashme Sehgal.
On an average, around 45 per cent of domain name registrations in India get converted into a live website.
Several candidates have a low level of literacy, but know just enough about social media to know it is important to have a presence there.
Real estate loans could become NPAs for banks.
The Code on Social Security, 2020 gives a lot of comfort to gig firms which recognise cab drivers or food delivery executives as 'independent contractors' who directly do business with customers with the help of their digitised platforms.
'Secrecy allowed in the electoral bonds scheme legalises anonymity'
With just 10 detectives under his leadership and in about three weeks' time, Senior Superintendent of Police of Uttar Pradesh's Special Task Force Amit Pathak cracked an online digital racket that swindled 600,000 people and is now worth Rs 3,700 crore and counting.
The sector employs around 1 million skilled and unskilled workers directly and indirectly and decline in exports is a major worry for participants in the value chain.
These numbers show overall exposure and are not a reflection that all loans are going to be impacted.
Realty players want single window clearance for all affordable projects, reports Karan Choudhury.
'The amount involved could as high as Rs 3,500 crore as there are a lot of depositors.' 'Yesterday, I met an investor who put in Rs 4 crore. That man doesn't have Rs 2,000 to spend on medicines.'
There was no relief for existing home buyers who are stuck in stalled projects and are paying both rent and EMI on their home loans.
For the past five months, ever since he was appointed the Ayushman CEO, Indu Bhushan, a former bureaucrat, has made Nirman Bhawan his second home, working nine to nine with his "dedicated team" on the Modi government's biggest initiative after the Goods and Services Tax, says Nivedita Mookerji.
In September, net equity inflows stood at Rs 6,609 crore, compared to Rs 9,152 crore in the previous month. In the last four months, this is the lowest net inflow tally seen by the equity category.
Mahindra and SCM Real Estate, the investment arm of Standard Chartered, would together invest Rs 1,000 crore (Rs 10 billion) in multiple projects and hold equal stakes in the JV to be called Watsonia Developers.
United States Secretary of State John Kerry, heading a high-powered delegation of his cabinet colleagues and top military commanders, today left for India as part of his 10-day seven nation Asia trip.
'Farmers are like living corpses in India.'
The Prime Minister's Office has suggested that EPFO should deploy 15 per cent of its funds as loan for low cost housing saying it would generate a credit flow of Rs 70,000 crore (Rs 700 billion).
While the market regulator's recent note on portfolio management schemes has kicked up a storm, that is not the only pain point for businesses, says N Sundaresha Subramanian.
Ghosh, 43, will be reporting to 25-year-old Ritesh Agarwal, who founded OYO with a single hotel in 2013.
To select the right platform, get the opinions of a few existing users or browse online for feedback. Select a platform that offers a seamless experience. Check that the platform you are going with is a regulated entity, suggests Sanjay Kumar Singh.
The Public Provident Fund is one of the safest and convenient modes of investment.
Rajan, who has also served as chief economist at the International Monetary Fund (IMF), said he had no idea what statistics are pointing at currently and "a revamp" was needed "to really figure out what India's true growth rate is".
The Centre has, however, retained its proposal to curb flash strikes as workers in all factories will be required to give employers a strike notice of at least two weeks after the Bill becomes a law.
Vijay Mallya has lost control of his companies.
Assembly elections in Tamil Nadu are centred on chief ministerial candidates of rival parties. When Sasikala cannot contest even a panchayat election for six years after her release, even if she were to have sympathetic backers even among apolitical voters, she does not have any 'transferrable vote-bank' even otherwise for a chief minister candidate of her choice, says N Sathiya Moorthy.
Amendments will be tabled in Parliament for approval by Monday or Tuesday.
'I can snap my fingers and get 1,000 people overnight, but I can't guarantee that they will develop because there has been zero change in education in the country in the last nine years.'
Although a fiery speaker and mass leader in her own right, Bharti has to necessarily fall back on what is being repeatedly described as a 'Modi lehar' to wrest this seat from the Congress, observes Anita Katyal
"We will work out the parameters then we will see as to how mentioning will be done," he said.
The West Bengal chief minister also accused the PM of 'removing crucial files' related to demonetisation.
'I am not minimising either the seriousness or the complex nature of the current situation.' 'Naturally, we have to do what it takes to secure our borders.' 'We are talking to the Chinese, both through military channels and diplomatic ones.'
'In fact, they work in tandem.' 'When it comes to finding a solution, this must be predicated on honouring all agreements and understandings.' 'And not attempting to alter the status quo unilaterally.'
The grief-stricken mother wishes for death penalty for the guilty.
An increase in sales across all categories in the automobile industry, has made need for higher working capital inevitable.