Mukesh Ambani has resigned from the board of his group's telecom arm, Reliance Jio and handed over the reins of the company to elder son Akash, a step seen as succession planning by the 65-year old billionaire. In a stock exchange filing, Reliance Jio Infocomm said the company's board at a meeting on June 27, "approved the appointment of Akash M Ambani, non-executive director, as chairman of the board of directors of the company." This comes after his father resigned with effect from close of working hours on June 27, it said.
A division bench of acting Chief Justice Bhaskar Bhattacharya and Justice J B Pardiwala while issuing notices on Thursday asked respondents to file reply within three weeks.
The Lokpal Bill is set to be put on the fast-track with the Parliamentary panel on Law taking it for examination from Friday by hearing views of Aruna Roy and Jaiprakash Narayan who have presented their own drafts.
Out of the total of 25,359 complaints received during 2010, the highest of 8,330 were against Railways, 6,520 against banks, 1,836 against petroleum department and 1,572 were against telecom officials.
As many as 6,801 cases of fraud were reported by scheduled commercial banks and select financial institutions involving an amount of Rs 71,542.93 crore in the last fiscal.
Sanjeev Chaturvedi said though he had investigated "hundreds" of corruption cases, never did his "very appointment to probe a case evoke the kind of nervousness, fear, confusion and apprehension as in this case".
She called on all "progressive forces" to join hands to fight the "oppressive BJP regime".
Kolkata-based Sanjiv Goenka is famously remembered as someone who dropped Mahendra Singh Dhoni as IPL captain.
Prime Minister Manmohan Singh on Monday termed as 'error of judgement' the appointment of P J Thomas as Chief Vigilance Commissioner and told the Lok Sabha that he accepted 'full responsibility' for it.
Dealing a big blow to the United Progressive Alliance government, the Supreme Court on Thursday quashed the appointment of P J Thomas as Central Vigilance Commissioner. The apex court held that the recommendation made by the high-powered panel -- headed by Prime Minister Manmohan Singh -- did not consider the relevant material and therefore its advice "does not exist in law".
With a view to protect prudent commercial decision of bankers, the government has taken a slew of decisions, including doing away with personal responsibilities of MD and CEO of PSBs for compliance in dealing with large value frauds committed by bank officials.
The Supreme Court reserved its verdict on petitions challenging the appointment of former bureaucrat P J Thomas, who is facing a corruption case in a Kerala court, as Central Vigilance Commissioner.
Central Vigilance Commissioner P J Thomas has dragged Dr Prime Minister Manmohan Singh in the controversy surrounding the Palmolein import case. In his latest affidavit, Thomas states the PM knew about his pending Palmolein import case since 2008 and the Kerala government's request to withdraw sanction of prosecution.
The government on Thursday told the Supreme Court that the issue of a chargesheet against Central Vigilance Commissioner P J Thomas in a corruption case and the sanction granted by the Kerala government for his prosecution were not brought before the high-powered committee for selecting a candidate for the post.This was stated by Attorney General Goolam E Vahanvati before a bench headed by Chief Justice S H Kapadia.
The government on Tuesday hit back at the Bharatiya Janata Party on the appointment of PJ Thomas as Central Vigilance Commissioner saying the party did nothing when it was in power on sanctioning prosecution against him, as they could find any evidence against him.
'I was at a very senior position in the CBI and what happens is, hints are dropped for you to act upon. But then it depends upon your conscience, to do it or otherwise.' 'I know the rank and file of the CBI, they will bounce back; it is the leadership which has failed.'
'Registration for the newly eligible category for COVID-19 vaccination opens today at 4 pm on cowin.gov.in and Aarogya Setu app'
The Bharatiya Janata Party on Monday asked Prime Minister Manmohan Singh if he was aware of the cases against P J Thomas before the collegium appointed him as the Central Vigilance Commissioner.The BJP sought to know from the government why documents related to the charge-sheet in the Palmolein case in Kerala and those related to Thomas' efforts at 'covering up' the 2G spectrum allocation were not brought to the notice of the appointing collegium.
Attorney General K K Venugopal told a bench headed by Chief Justice Ranjan Gogoi that the fight between the two officers impacted the image of the CBI.
Private hospitals can charge up to Rs 250 per dose of COVID-19 vaccine, official sources said on Saturday as India prepares to vaccinate people aged above 60 years and those over 45 with comorbidities from March 1.
As India gears up to vaccinate people above 60 years of age and those over 45 years with comorbidities against COVID-19 from March 1, the Union health ministry on Friday said the facility of on-site registrations will be available so that eligible beneficiaries can walk into identified vaccination centres, get themselves registered and get inoculated.
According to the Centre's legislative business list for the upcoming session, three bills have also been listed to replace three ordinances.
Formula One boss Bernie Ecclestone said he would fight a $400 million damages claim that German bank BayernLB is planning to file in London over the sale of the motor racing business in 2005.
Verma has sought quashing of three orders of October 23, 2018 -- one by the Central Vigilance Commission and two by the Department of Personnel and Training, as being without jurisdiction and in violation of Articles 14, 19 and 21 of the Constitution.
Private equity firm CVC Capital has sold a $1.6 billion stake in Formula One to three investors including BlackRock ahead of the motor racing company's planned $3 billion initial public offering in Singapore, sources said on Tuesday.
A BTech and PhD in police, human rights and social justice, Singh joined the federal anti-money laundering investigations agency in 2009 on deputation from Uttar Pradesh where he was serving as a state police service officer.
Bernie Ecclestone risks losing his decades-old grip on Formula One motor racing this year, when legal action stemming from the sale of a stake in the sport eight years ago reaches a climax.
Around 10 pm, teams of about 15-16 officers entered the compound of the headquarters and history was made.
The board has learnt from the harsh lessons of the 2021 edition when the tournament had to be suspended midway due to the raging pandemic and could only be completed in the UAE four months later.
Gandhi is adamant on stepping down as party president following the debacle in the elections, but the Congress Working Committee, the highest decision making body of the Congress, has rejected his offer to resign and asked him to restructure the party at all levels.
'The government made a mess.' 'When there is a director, how can you have an in-charge director?' 'Then, they shifted all the 14 officers who were working on the Asthana case which has never happened in the history of the CBI.'
The apex court agreed to hear on October 26 the petition by Verma challenging the government's decision. He has said in the petition that the CBI should be kept independent of the Department of Personnel and Training, which has jurisdiction over the probe agency, since it seriously hinders the CBI's independent functioning.
Formula One boss Bernie Ecclestone will stand trial on bribery charges in Munich, according to a statement from a German court.
Citigroup Venture Capital (CVC) is in talks to acquire 10-15 per cent stake in AnandRathi Securities, the Mumbai-based securities and wealth management firm, for nearly Rs 70 crore ($15 million).
New franchises may get to choose three players from pool before auction.
A demand for a statement from Prime Minister Dr Manmohan Singh in the wake of the Supreme Court ruling quashing the appointment of central vigilance commissioner, disrupted proceedings in the Lok Sabha on Friday. Immediately after the Question Hour, Left members as also the Janata Dal-United leader Sharad Yadav raised the matter vociferously, leading to adjournment of the House for 45 minutes.
The assumption that Sonia Gandhi can do no wrong has to be challenged by the public, the media and the political class, says B Raman
With Home Minister P Chidambaram stating that the Palmolein case against P J Thomas was discussed by the central vigilance committee selection panel, senior Bharatiya Janata Party leader Sushma Swaraj on Tuesday said she would not file an affidavit on the issue in the Supreme Court as there was 'no dispute on facts now'. "The home minister has now admitted that I had raised the Palmolein case and recorded my disagreement precisely for this reason," Swaraj said.
'Forget Asthana. Forget Alok Verma. It is this government that has done the greatest damage.' 'My biggest worry is that they have made the CBI a puppet of the government.' 'They want the CBI director to act as per the wishes of the government.'
Controversial Central Vigilance Commissioner P J Thomas on Monday told the Supreme Court that the corruption charges levelled against him to question his appointment as CVC was a fall out of a political battle in Kerala and that he was a person of "high integrity". He also contended that there was no violation of any norms in his appointment as the CVC and that he had no role in the controversial allocation of 2G spectrum in 2008.
