Rather, the existing ones should be implemented speedily to clean up the mess.
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.
Of the 83 people implicated in the case, 28 were professional tennis players, playing in the ITF Futures and Challenger categories, and one whose identity was not revealed competed in the 2018 US Open.
The ED, which is probing the DHFL promoters' role in financing funds to gangster Iqbal Memon (alias Iqbal Mirchi), said Kapil Wadhawan, former chairman and managing director of the debt-laden company, played a very crucial role in these "nefarious transactions" by way of money laundering.
The finance minister was speaking after launching the maiden IDF scheme of IIFCL Mutual Fund in New Delhi on Tuesday.
It's been a decade of ordeals for the residents of the plush Mayfield Gardens in Gurgaon who are living in their crore plus apartments without basic amenities of water, power and sewage. A Ganesh Nadar reports.
'So far, the government has sanctioned more than Rs 300 billion as GST refunds,' Ansh Bhargava and Aditya Singhania point out.
Disposals also likely, clients to be cut -CEO memo to staff
2018 has been a disappointing and highly volatile year for equity investors.
Beleaguered businessman Vijay Mallya had made at least four trips abroad before his controversial March 2 departure since a look-out notice was issued by CBI on October 16 last to know his movements.
One of the major advantages of buying Iran crude is the additional credit period of 90 days that the country gives to India, compared to 30 days by other countries.
Besides 15 loan transactions to the Siva group of companies, the former directors also used unique methods to ensure the group did not get into the default list.
Centre releases Rs1,712cr to TN, Rs 1,234cr to Karnataka for drought.
At 12:25 PM, the barometer index, the S&P BSE Sensex was down 358 points or 1.3% at 26,368.
It took a lockdown for us in India to even recognise that the plight of migrants needs to be addressed. They were faceless and unrecognised. They were unappreciated and even hounded. They were poorly paid and exploited, notes Ramesh Menon.
Burman had sought permission to travel to Dubai from May 3-7.
'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.'
The Governor, who completes one year in RBI on Wednesday, has stabilised the rupee and is getting a fix on inflation.
A glance back at some important events that occurred in 2018.
Has the Modi government been more at odds with institutions than other governments? There is no doubt that there have been more run-ins. While the RBI and CBI cases have drawn attention, there have been others, less publicised, Subhomoy Bhattacharjee points out.
Since January 2015, the central bank has lowered its policy rate.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
The tea industry, hit by rising costs, falling prices and political unrest in the North Bengal plantations, is especially vulnerable to the COVID-19 lockdown.
RBI governor on the stress in public sector bank due to NPAs, and what is needed to be done to get the system back on track.
While regulators are trying to do their bit, the onus is on you to prove it.
oil market remained under pressure and big gains are unlikely.
The Goa Investment Promotion and Facilitation Board, the BJP's brainchild, has been able to create only 1,500 jobs
This Haryana village believes it has 'found' the Saraswati river of the Vedas.
PM extended some old schemes and finally said yes to one that was legally mandated for past 2 years.
New law could pose challenges of cost escalation, increased paperwork, fear developers.
A parliamentary panel has noted that Yamuna river seems "dirtier" than before despite Rs 6,500 crore having been spent on its clean-up even as a project to lay interceptor sewers along the three major drains of Delhi suffers delays.
'The first time a ban on women aged between 10 and 50 entering Sabarimala came was in 1991 and was by a high court judgment.' 'So, it is only a 27-year-old ban.' 'The high court can fix customs and the Supreme Court can overturn it.' 'I don't see this as an attack on religious freedom or the practice of a religion.'
"There is currently an ICC Anti-Corruption Unit (ACU) investigation underway in relation to the Ajman All Stars League held recently in Ajman, UAE," ACU general manager Alex Marshall said in a statement.
The United States has labelled a Pakistan-based money changer as a "global terrorist" for providing financial services to the banned Lashkar-e-Tayiba terror group that has been involved in a series of terrorist attacks in India, including the 2008 Mumbai attacks that left 166 people dead.
'People don't want to watch a screaming channel if given a decent alternative.'
The high court further observed that the triple talaq practice, sanctioned under Muslim Personal Law that governs marriage, property and divorce violates the rights of Muslim women.
The regulator's concern arises from several recent instances.
Despite the Indian government's recent efforts anecdotal evidence indicates that there has been little change in the extortionist behaviour of a significant proportion of tax and police officials, says Jaimini Bhagwati.
Bhatnagar is expected to take charge of the CRPF later this week as he is on an official assignment in Indonesia in the capacity of NCB DG.
'Another rejection of mediation between India and Pakistan will leave Mr Trump disappointed.' 'In that case, he is likely to point out the war-like situation on the border and press for direct talks which have been stalled on account of continuing terrorism from Pakistan,' notes Ambassador T P Sreenivasan.