The business value of the league, popularly called the IPL, surged to a record $18.5 billion last year, U.S.-based investment bank Houlihan Lokey says.
The Lokpal, India's anti-corruption ombudsman, has been allocated Rs 30 crore in the Union Budget 2026-27. The Central Vigilance Commission (CVC) has been allocated Rs 54.56 crore.
Open offers this calendar year, following attempts at acquisition and takeover, came in at more than two a week. There were 121 such open offers to acquire additional shares following a substantial acquisition or change of control, shows the data compiled by primedatabase.com.
The Central Vigilance Commission has directed the Public Works Department of Delhi government to conduct a detailed probe into the alleged merger of properties to expand the 6, Flagstaff Road bungalow and the expenditures incurred on its interiors, Bharatiya Janata Party leader Vijender Gupta said on Saturday.
The Delhi High Court imposed a cost of Rs 20,000 on the central government for concealing facts in its plea seeking review of an order relating to the promotion of IRS officer and former NCB Zonal Director Sameer Wankhede.
Yes, the entry of private bankers, particularly with global experience will add value to PSBs, points out Tamal Bandyopadhyay.
It is not yet clear if Diageo Plc is looking to sell its complete stake in RCB.
'Vigilance' is a dreaded term for PSB employees and there are instances where this fear is misused by the higher authorities to tame their subordinate officials. This fear always deters PSB executives from making decisions -- the fewer the decisions, the less the chance of falling into trouble, points out Tamal Bandyopadhyay.
Media reports claimed the CVC is probing a Rs 14-crore "scam" in ICHR and has advised the government to act against some members of the ABISY.
The summons come after an FIR was registered by the ACB on April 30 based on allegations of financial irregularities to the tune of Rs 2,000 crore in the construction of over 12,000 classrooms or semi-permanent structures in Delhi government schools.
Asia's richest man Mukesh Ambani drew nil salary from his oil-to-telecom-and-retail conglomerate Reliance Industries for the fifth year in a row and dividends remain his main source of earnings. Ambani, 68, had capped his annual remuneration at Rs 15 crore from financial year 2008-09 (April 2008 to March 2009) to 2019-20 (FY20); and since FY21, he opted to forego his salary, due to COVID-19 pandemic, until the company and all its businesses were fully back to their earnings potential.
The FIR, filed in December 2022 by M G Nagaraja, alleged that the 24-year-old Paris Olympian, along with his brother Chirag Sen, had fudged their age to get into playing age-group tournaments since 2010.
Healthcare and energy conglomerate Torrent Group has acquired majority stake in IPL franchise Gujarat Titans.
Ahmedabad-based Torrent Group has completed the acquisition of a majority 67 percent stake in Indian Premier League (IPL) franchise Gujarat Titans.
Mumbai Indians won a fiercely contested e-auction, fending off competition from a Silicon Valley tech consortium, comprising the chief executives of Google, Microsoft, and Adobe as well Gujarat Titans owners CVC.
The high point of the 19 Shastri months was the 22-day war that he fought against great odds and won in principle, even if military historians often call it a stalemate. Pakistan saw a great opportunity to conquer Kashmir and lost. It was the last time they had the relative strength militarily and diplomatically to take Kashmir. Shastri's resolve buried that dream forever, points out Shekhar Gupta.
The Central Vigilance Commission has introduced key amendments in its complaint handling mechanism such as making it mandatory for people to provide mobile numbers while raising corruption-related plaints.
Dominic Xavier highlights the CVC India needs.
CVC K V Chowdary and Vigilance Commissioner T M Bhasin completed their tenure at the anti-graft body on Sunday and Monday respectively.
He said the country needs to have "zero tolerance" for corruption in the administrative ecosystem and this would work for the idea of a developed India.
Over 6,900 corruption cases probed by the Central Bureau of Investigation were pending trials in different courts, 361 for more than 20 years, according to the latest annual report of the Central Vigilance Commission (CVC). Besides, as many as 658 corruption cases were pending CBI investigation, 48 for more than five years.
Mumbai Indians, Kolkata Knight Riders, Rajasthan Royals, Sunrisers Hyderabad and Lucknow Super Giants are among the IPL franchises who have submitted bids.
The agreement, dubbed "LaLiga Boost", buys CVC an 8.2% stake in a new company that will get broadcasting revenues and sponsorship rights for 50 years.
As per norms, sanction for prosecution of government employees accused of corruption has to be given within four months' stipulated time.
The hearing assumes significance as Verma, who has a running feud with Special CBI Director Rakesh Asthana, has been appearing before the three-member CVC headed by K V Chowdary and is understood to have given point-wise refusal to all the allegations levelled against him by his deputy.
The CVC report spoke about the controversial meat exporter Moin Qureshi's case and claimed that CBI team looking into the case wanted to make Hyderabad-based businessman Sathish Babu Sana an accused in the case but Verma never gave clearance.
Kolkata-based business tycoon Sanjiv Goenka's RP-SG Group claimed the Lucknow franchise for a whopping Rs 7090 crore, while international equity investment firm CVC Capital won the bid for Ahmedabad with a Rs 5600 crore offer.
In the order, the CVC has outlined procedure for government organisations for obtaining vigilance clearance for retired-babus before employing them.
Shreya Yadav (25) from Uttar Pradesh, Tanya Soni (25) from Telangana and Nevin Delvin (24) from Kerala drowned after water gushed into the basement of Rau's IAS Study Circle in Old Rajinder Nagar here following heavy rains on July 27.
Verma came to the CVC office in the late afternoon and stayed there for about two hours, they said.
Virtually addressing a joint conference of the CVC and the CBI at Kevadia in Gujarat, Modi said no matter how powerful a person may be, stern action should be taken against those who work against the interest of the nation or its people.
The apex court fixed the matter for next hearing on November 16.
As many as 12,394 complaints of alleged corruption were received against railway employees.
The Congress has launched an offensive against the Bharatiya Janata Party government over the Rafale deal, alleging corruption and violation of rules by Prime Minister Narendra Modi and demanded answers from him.
The enactment of Lokpal and Lokayuktas Act will help the Central Vigilance Commission work in an independent and assertive manner, the government said on Wednesday.
A bench headed by Chief Justice Ranjan Gogoi ordered that the confidential CVC report be given to Verma in a sealed cover and asked him to respond to it by Monday, also in a sealed cover. It will take up the matter on Tuesday.
The post of the chief of the Central Vigilance Commission, the country's anti-corruption watchdog, was lying vacant since June last year after K V Chowdary completed his tenure.
There is no need for increased superintendence over the CBI in the aftermath of the coal blocks allocation and 2G scam cases, CVC K V Chowdary said on Sunday.
Asia's richest man Mukesh Ambani drew nil salary from his oil-to-telecom-and-retail conglomerate Reliance Industries for the fourth straight year in a row while his children earned a sitting fee and a commission for being on the board of India's most valuable company. Ambani, 67, had capped his annual remuneration at Rs 15 crore from financial year 2008-09 (April 2008 to March 2009) to 2019-20 (FY20); and since FY21, he opted to forego his salary, due to COVID-19 pandemic, until the company and all its businesses were fully back to their earnings potential.
The bench made clear that it will not shift the schedule date of hearing and asked him to file his response 'as quickly as possible' during the day by 4 pm itself to enable it to peruse the reply.
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