The Supreme Court has directed the Central Bureau of Investigation (CBI) to examine all six allegations of financial irregularities levelled by the Enforcement Directorate against Sameer Gehlaut, former chairperson of Indiabulls Housing Finance (IHFL), and five corporate groups, following repeated criticism of investigating agencies for lack of progress.
After spending 31 months in Chennai's Puzhal prison, Ahmed Buhari is finally breathing free, as courts across the country quashed proceedings linked to his group company Coastal Energy.
Amidst the ongoing US-Israel-Iran conflict, the Maharashtra government is arranging evacuation flights to bring home 164 citizens stranded in the UAE due to airspace closures, offering a crucial lifeline and support.
The Reserve Bank of India (RBI) is exploring ways for Russian trade counterparts to use accumulated Indian rupees (INR) for imports or capital investments in India, aiming to boost INR-Rouble transactions and reduce reliance on the US dollar.
Colliers reports that GCC leasing has jumped from 4.6 million square feet in 2021 and is expected to hit 10.6 million square feet by 2025 -- a clear sign that multinationals see Bengaluru as a long-term base.
Several opposition parties on Saturday slammed the BJP-led central government, calling it the India-Pakistan Asia Cup match an insult to the victims of the Pahalgam terror attack.
At least 12 passengers were killed on Wednesday evening when they jumped from their train in panic due to a 'fire incident', only to be run over by another train on the adjacent tracks in North Maharashtra's Jalgaon district, officials said.
John Aranha got an order from Central Mumbai District Consumer Forum that made Croma pay him Rs 26,300 for a fridge he had bought but was never delivered to him, says consumer activist Jehangir B Gai
The Opposition had promised to scrap the Dharavi redevelopment project if it came to power. With the Mahayuti's massive mandate in the Maharashtra assembly election, that prospect has been laid to rest.
CBI special judge SP Naik-Nimbalkar said the court does not have the "inherent power" to stop the broadcast, and asked the probe agency to approach an appropriate forum if advised.
Out of 3,871 recovery certificates issued by the regulator in various cases, 807 have been certified as difficult to recover.
On Thursday, the bench, after perusing the plea copy, noted that Wankhede had approached the Central Administrative Tribunal, too, against the notices issued to him by the NCB.
While the responses of the candidates were predictable, depending on which side they belonged to, an interesting point slipped through when Rahul Shewale cited the Dharavi Redevelopment Project as a scheme that would add to Mumbai's importance. No big infrastructural project in Mumbai, he said, could be successful without the Centre's nod.
The Securities and Exchange Board of India (Sebi) might relax the disclosure norms around rumour verification to help smooth implementation and ease compliance amid pushback from India Inc, said people in the know. The rule has been notified following amendments to the Listing Obligations and Disclosure Requirements (LODR) by Sebi. However, its implementation has been deferred until February.
In the circular, the TISS said all 55 faculty and 60 non-teaching staff were appointed under programmes funded by Tata Education Trust and were on a contractual basis with exact programme period.
A joint forum of Air India unions on Friday sought the labour department's 'urgent' intervention and initiation of conciliation proceedings in the matter of their passage policy and service conditions. On December 24, the forum comprising IPG, ACEU, AIEU and AICCA, in its demand notice to Air India managing director and chief executive officer Campbell Wilson, had protested against the changes in their service conditions. Tata Group took control of the then government-led Air India in January this year.
Former Narcotics Control Bureau (NCB) zonal director Sameer Wankhede on Friday moved a petition before the Bombay high court seeking quashing of a first information report (FIR) filed against him by the Central Bureau of Investigation (CBI) for allegedly demanding Rs 25 crore bribe from superstar Shah Rukh Khan for not implicating his son Aryan Khan in the Cordelia cruise drug bust case.
The retrenchments at the company promoted by Mumbai BJP chief Mangal Prabhat Lodha come at a time when the economic growth has dipped to a six-year low of 5 per cent, which has led many to fear if the spectre of job losses across sectors awaits next.
The Reserve Bank of India (RBI) unions have decided to intensify their stir demanding revision of wages, pending since November 2017, and have called for mass casual leave of employees at the central bank on November 30. However, several sources in the RBI told Business Standard that the unions may not have to go on agitation, as the new contours of the wage pact have been almost finalised and could be announced any time. An email sent to the RBI was not answered. The United Forum of Reserve Bank Officers and Employees had deferred its agitation earlier after it was told that RBI Governor Shaktikanta Das was to hold talks with the human resource management department (HRMD).
'Promises of free vaccination, it appears, are good only for winning elections, and dumping the people thereafter'
Billionaire Gautam Adani's group was on Thursday hit by fresh allegations of associates of the promoter family using Mauritius-based 'opaque' investment funds to secretly invest hundreds of millions of dollars to fuel the spectacular rise in group stocks during 2013 to 2018, a charge the conglomerate denied vehemently.
Demanding that the remission must be revoked, the citizens noted that the early release of these murderers and rapists only strengthens the impunity of all men who commit rape and other acts of violence against women.
By breaking ranks with his Maha Vikas Aghadi allies, Thackeray has shown that he can leave the MVA altogether.
Policymakers should aspire to restore the pre-Independence environment where the rupee was trusted and used all over South Asia, in Southeast Asia, in West Asia, and in East Africa, suggests Ajay Shah.
There will be a lot to repair and rejuvenate -- if that opportunity even presents itself, warns Rathin Roy.
"The Central government thought that the COVID-19 pandemic has ended and they were also applauded by the World Economic Forum. However, they didn't know that there would come a stage when there would be no testing and there would be no oxygen," said the senior Congress leader.
A resolution commemorating the life of Indian human rights defender Father Stan Swamy and seeking an independent investigation into the death of the Jesuit priest has been introduced in the US Congress, Congressman Juan Vargas has said.
The HC said these matters cannot be considered in a PIL and the relatives of the doctor should file a separate plea or complaint before the correct forum.
The Bombay High Court on Thursday dismissed a petition filed by IPS officer Param Bir Singh seeking to quash inquiries initiated against him by the Maharashtra government, and said he can approach the CAT.
Thomas Ninad's bank account was defrauded of Rs 14 lakh under mysterious circumstances.
Petrol and diesel prices on Thursday climbed to fresh highs in the country as rates were hiked by the most in recent times, even as fuel retailers said the government can cut taxes to ease consumer burden. Petrol and diesel price was hiked by 35 paise per litre each after a gap of a week, according to price notification of state-owned fuel retailers. The increase took petrol prices to a fresh high of Rs 86.65 a litre in Delhi and to Rs 93.20 in Mumbai.
The United Forum of Reserve Bank Officers and Employees has decided to defer tomorrow's proposed nationwide strike.
'We will see a kind of disaster which the country has not seen in the last 100 years.'
A recap of events that occurred in India in the past 24 hours.
Few proposals included in the Finance Bill would not help ease liquidity concerns in the economy, say RBI officials.
India's top metro cities need to improve their infrastructure and other civic amenities too.
Govt says coastal road is meant to decongest Mumbai, experts believe it would be counter-productive.
The top court said that it cannot dilute the direction of a constitutional court ordering a Central Bureau of Investigation probe by drawing a line for the agency on which aspect the investigation should be done.
The Supreme Court on Friday rejected the NIA's application and ordered social activist Gautam Navlakha to be put under house arrest within 24-hours after shifting him from Taloja jail in Navi Mumbai.
Public sector lender Bank of India has moved to the National Company Law Tribunal (NCLT) seeking initiation of insolvency proceedings against Future Retail Ltd and a moratorium over the assets of the Kishore Biyani-led debt-ridden firm. Besides, Bank of India (BOI), the lead banker of a consortium of banks that lent money to Future Retail Ltd (FRL), also suggested the insolvency tribunal appoint Vijay Kumar V Iyer as the interim professional of the company. Meanwhile FRL, in a regulatory filing, said it has been served and received a copy of the petition and is in the "process of taking legal advice".
