The government has suffered a loss of Rs 12,488.93 crore (Rs 124.88 billion) due to under-invoicing of gross revenue by six telecom companies including Reliance Communications, Vodafone and Bharti Airtel, the CAG said in a damning report on Friday.
Taking a cue from the Delhi government's decision of a 50 per cent cut in power tariff, All India Congress Committee secretary and Member of Parliament Sanjay Nirupam on Wednesday demanded that the Maharashtra government should reduce the tariff for power consumption of less than 500 units per month in the city.
The apex court-appointed Justice Rajendra Mal Lodha committee moved the Supreme Court seeking a direction to appoint former home secretary G K Pillai as an observer to guide' the Board of Control for Cricket in India in the administrative works including award of contracts, transparency norms and holding of future domestic, international and Indian Premier League matches.
The Reserve Bank of India has asked banks to refrain forthwith from the restrictive practice of linking locker facility provision to placement of fixed or other deposits.
Modi has appointed P K Sinha, who superannuated as cabinet secretary on Friday, as Officer on Special Duty (OSD) in the Prime Minister's Office (PMO), he said.
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After scrapping the selection of six UPA-appointed bank chiefs, the government has now decided to make significant changes to the selection process.
The AIIMS administration has initiated an internal inquiry to look into the cause of the fire and further strengthen preventive measure.
The company said, due internal processes as applicable for sanctions of loans of such nature and value were followed
'My Nani passed away in January 2016 and the house belonged to her and my Nana.' 'After they passed away, the family decided to sell the house.' 'My mother's immediate response was that we have to make a film in this house before it was sold.'
The talented Shreyas Iyer will be auditioning for the vacant number four slot when India take on West Indies in Sunday's second ODI of the three-match series.
Central banking is a science, not an art, Tamal Bandyopadhyay tells RBI Governor Shaktikanta Das.
There is a need for further focus and strengthening of guidelines.
This may mean easier access, simplified KYC and documentation requirements, and fewer investment restrictions for a majority of FPIs, especially broad-based funds and pooled vehicles that were earlier part of Category-II.
The suave actor of the world, sometimes called the last of the Mohicans and familiar to students of cinema anywhere in the globe, acted in 14 Ray films and over 300 others, gracefully transitioning into commercial cinema in a variety of roles.
The Gomti Riverfront Development project, the Agra-Lucknow Expressway, the Jai Prakash Narayan International Centre and the efforts towards the beautification of Old Lucknow are some of Akhilesh Yadav's initiatives that are the subject of investigation.
FIFA's executive committee has unanimously agreed to publish an 'appropriate' version of a report into the bidding process for the 2018/2022 World Cups but said Russia and Qatar would still stage the tournaments.
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The new provisions strengthen the hands of minority shareholders and will improve corporate governance.
The Supreme Court on Wednesday restored Najam Sethi as chairman of the Pakistan Cricket Board just four days after the Islamabad high court reinstated his predecessor, Zaka Ashraf, as head of the organisation.
Seen as a major initiative, the 'strategic partnership model' aims to create a vibrant defence manufacturing ecosystem in the country through involvement of both the major Indian corporates as well as the MSME sector.
Reforms in the Board of Control for Cricket in India will not pull the cash-rich body back, the Supreme Court said on Tuesday and made it clear that it does not intend to reduce the popularity of the BCCI or hinder its growth but wants structural reforms which would make the cricket body more transparent.
Swiss authorities have again searched the Zurich headquarters of FIFA and seized documents and electronic data in its corruption probe surrounding the global soccer body, the Swiss attorney general's office said on Friday.
Moreover, Ravi Narain and Chitra Ramkrishna -- who had served as MD and CEO of the exchange -- have been asked to disgorge 25 per cent of respective salaries drawn during a certain period.
She began her career as an aspiring model in the late 1990s. A few decades later, she is one of India's best known politicians.
There were reports of a mobile tower being impacted a few months ago in coastal area of Andhra Pradesh that was attributed to hacking by the company's engineers.
Recently-elected FIFA president Gianni Infantino was told on Monday that 'women are part of the solution' to the problems that have plagued football's scandal-plagued world governing body.
H-1B visa reform bill introduced in US Senate
A robust dispute settlement system would help the government unlock tax revenues, and also aid ease of doing business.
Several girls were sexually assaulted in a shelter home run by Thakur in Muzaffarpur, Bihar. He was convicted under various sections of IPC, POCSO Act and Juvenile Justice Act.
Newly-elected Board of Control for Cricket in India secretary Ajay Shirke has said that the Board is keen on redeeming its image and bringing more transparency in its style of functioning.
DMK candidate Kathir Anand defeated All India Anna Dravida Munnetra Kazhagam nominee AC Shanmugham in the bypoll by a narrow margin of 8,141 votes.
The commission issued letter of intent to ECIL and BEL -- both PSUs -- on Friday, two days after the Union Cabinet cleared its proposal to buy 16,15000 voter verifiable paper audit trail units at an estimated cost of Rs 3,173.47 crore.
At least five state-run banks on central bank's radar for lax credit appraisal
With the Delhi high court clearing the decks for the fourth and final Test between India and South Africa to be staged at the Feroz Shah Kotla, Delhi & District Cricket Association vice-president Chetan Chauhan declared on Thursday his association will "organise a good game", come December 3.
FIFA named an African woman with no experience in football administration as its second most powerful official on Friday, part of changes made by the sport's ruling body to move on from a major corruption scandal.
"That is fantastic. A (former) cabinet minister is not traceable. Fantastic. How could it happen that a (former) cabinet minister is not traceable and nobody knows where she is? Do you realise the seriousness of this? You have to explain to us how a (former) cabinet minister is not traceable," the bench said.
The ministry is likely to go by the recommendations of a committee on liberalising external commercial borrowings, headed by M S Sahoo, a former director with the Securities and Exchange Board of India.
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