The five-day extradition trial of fugitive diamond merchant Nirav Modi will begin from May 11 in a part-remote setting, a UK court has ordered. Modi is fighting his extradition to India over the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case.
Was Kerkar duped by his employees, as he claims, or did a cocktail of greed, poor cost control and bad management bring the travel firm down, wonder Pavan Lall and Aneesh Phadnis.
This will cost the government Rs 3.1 trillion, about 10 per cent of its annual expenditure, and higher than any other spending item in its Budget.
Valuers have found almost no assets to pay for their claims against the Videocon group that entered the insolvency process in 2018. But the dissenters suggest that the money is elsewhere, possibly in the group's oil and gas assets, which are not part of the group's bankruptcy case.
Liverpool's defence of a Premier League crown won at a canter last season has become a nightmare
Embattled liquor baron Vijay Mallya, who lost his UK high court appeal against an extradition order to India, has said that he is "disappointed" with the ruling but will continue to seek legal remedies as advised by his legal team. The 64-year-old former Kingfisher Airlines boss reiterated that he has repeatedly offered to pay the Indian banks the loan amount owed by his now-defunct airline, an offer which the banks have rejected.
Mallya said the allegations of money laundering and stealing money against him are 'completely false'.
Condom dresses and Trumpetto heels were the star attractions at London Fashion Week.
WikiLeaks founder Julian Assange should be freed, a UN panel ruled as it called on the UK and Sweden to compensate the whistleblower for his "arbitrary detention".
The US is not in a forgiving mood for being humiliated in such a manner by an insurgent force and made to look 'loser' internationally, predicts Ambassador M K Bhadrakumar.
'Given that the RGF is a family-controlled trust, why would the Congress defend it every time someone accuses it of wrong-doing?' asks Virendra Kapoor.
May announced her first big shake-up just minutes after entering Downing Street on Wednesday.
Housefull 4 is not for everyone. But if you enjoy comedies that don't make *any* sense, go ahead for this one, says Namrata Thakker.
Joyce Sombroek, 29, is a practicing GP and says that with the outbreak of the Coronavirus, we currently find ourselves in a very special situation, as she treats patients affected by the virus.
Major global indices - the Nasdaq, Bovespa, Seoul Composite, S&P 500, Dow Jones, S&P BSE Sensex, NYSE, DAX, Nikkei and, CAC 40 - have all gained 37 per cent to 75 per cent since their respective March 2020 low.
There is growing acceptance of the idea in the international community that engaging the Taliban government is a far better approach than ostracising it, observes Ambassador M K Bhadrakumar.
Street Dancer 3D is only about cardboard central characters and side-lined sensations doing the same old, same old, says Sukanya Verma.
India's gold holding in forex reserves rose to 560.3 tonnes by the end of March 2018.
News of all that's transpired on and off the football field.
Here's a glimpse of all that happened around the world last week, in 10 images.
Polling stations across the United Kingdom opened on Thursday morning to decide the historic referendum on whether the country should remain a member of the European Union or leave the politico-economic union of 28 member states.
'But to see the effects of that, it will take a week or two more.'
The central probe agency that began action against the banker by raiding his upscale residence in south Mumbai on Friday is primarily investigating Kapoor, his wife and three daughters over a Rs 600 crore fund received by a firm allegedly "controlled" by them from an entity linked to the scam-hit Dewan Housing Finance Limited.
Disaster management authorities have warned about very heavy rainfall over the next 24 hours.
The squad will then be trimmed to 15 for the ICC World Test Championship final against India at the Ageas Bowl in Southampton starting on June 18, as per ICC regulations.
It will take you 245 days to complete the journey.
Mallya's defence team is being led by the firm Joseph Hague Aaronson LLP. They have instructed barrister Clare Montgomery, a specialist in criminal, regulatory and fraud law, to argue in court on their behalf.
Court order follows submission of govt lawyers that Serious Fraud Investigation Office was probing a case of misappropriation of fund by Jet Airways and Goyal.
All the action that transpired on and off the football field
Anurag Kashyap's classic Black Friday is a must watch film.
The top court last week gave Sahara a final chance to raise funds.
Students made online music education possible during COVID-19, say teachers, and they will determine its future.
Mumbai's Bandra Kurla Complex (BKC), which houses the offices of some of the biggest banks in the country, however, slipped to 26th position from the 16th position.
Gandhi on Thursday accused Jaitley of lying to hide the "free passage" he allegedly gave to Mallya to flee to London, while the ruling party counter-claimed that the Gandhi family had tried to salvage the sinking Kingfisher Airlines with a "sweet deal".
The assets have been attached as part of five separate orders issued by the central probe agency under the Prevention of Money Laundering Act, it said.
The UK Crown Prosecution Service said Mallya's appeal to certify a point of law was rejected on all three counts, of hearing oral submissions, grant a certificate on the questions as drafted, and grant permission to appeal to the Supreme Court.
Despite the relaxation of the one-child policy in 2016, the number of live births per 1,000 people fell to a record low of 10.48 in 2019, down from 10.94 in 2018.
The Antiguan prime minister had told Indian government that even criminals have fundamental rights and Choksi, too, has the right to go to court and defend his position, adding, once all legal options are exhausted, he will be extradited.
In the 25-page defence evidence affidavit, which was served to the UK Crown Prosecution Service, Mallya is learnt to have alleged that his was a case of "political vendetta" and "loss-making business".
The leave to appeal to the Supreme Court is on a point of law of general public importance, which according to experts is a very high threshold that is not often met.
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