A retired banker in Delhi lost his entire life savings, amounting to Rs 23 crore, to cyber fraudsters who posed as ED and CBI officers. The victim was kept under 'digital arrest' for over a month and forced to transfer funds under duress.
Fugitive businessman Vijay Mallya has said that he will pursue relief for the Enforcement Directorate and banks taking more than two times the debt he owed. His remarks came following a statement by Finance Minister Nirmala Sitharaman in Parliament about recovery of over Rs 14,130 crore from his attached assets.
India's pace spearhead Jasprit Bumrah achieved a personal milestone during Day 4 of the fourth Test against England in Manchester on Saturday as he equalled Ishant Sharma's record of most wickets for India in Tests in England.
Co-working spaces provider WeWork India is aiming for a revenue growth of over 20 per cent for the coming years, even as its initial public offering (IPO) with only an offer for sale (OFS) component gets valued at Rs 3,000 crore at the top of the price band. The IPO opens on October 3, a newspaper advertisement said.
The Supreme Court on Friday upheld JSW Steel's Rs 19,700-crore resolution plan for debt-ridden Bhushan Power and Steel Limited (BPSL), bringing down curtains to a prolonged legal battle that spanned nearly eight years.
Sheeran also visited the England team ahead of the Euro 2020 final in London which they lost to Italy in a penalty shootout.
A special court here has allowed the release of properties worth Rs 66.33 crore, owned by fugitive diamantaire Nirav Modi and his sister Purvi Modi and attached by the Enforcement Directorate (ED) in connection with the multi-crore PNB fraud case.
The Enforcement Directorate (ED) on Tuesday levelled fresh allegations of corruption against the Aam Aadmi Party, saying a former Delhi Jal Board chief engineer had 'transferred' Rs 2 crore of bribe money to his colleagues in the department and the ruling party in Delhi as election funds.
The federal agency alleged in a statement that it has "found" documents related to about half-a-dozen houses, flats and a farmhouse owned by the doctor couple during searches conducted against them and their "close relatives" on September 6 at seven locations in Kolkata.
The Enforcement Directorate (ED) failed to furnish direct evidence linking Delhi Chief Minister Arvind Kejriwal to the proceeds of crime in the money laundering case against him, a Delhi court has said while ordering his release on bail.
Opener Ben Duckett hit the most defining century of his career, exposing an out-of-depth Indian attack as England comfortably chased down a tricky target of 371 to win the opening Test by five wickets.
During the arguments, the Kejriwal's counsel told the court that the entire case upon the CM rests on statements.
With nine Test centuries against India at home, Joe Root set a new record for the most by any batter against a single opponent in home Tests.
The agency had alleged in its earlier charge sheets that at least 36 accused, including former Delhi Deputy Chief Minister Manish Sisodia and Kumar, "destroyed, used or changed" 170 phones to conceal evidence of "kickbacks" worth thousands of crores of rupees in the alleged scam.
The Enforcement Directorate (ED) on Thursday issued summonses to two Trinamool Congress leaders, including MP and popular Bengali actor Dev, for questioning in connection with its probes into money laundering cases, an official said.
BJP strategists are missing something somewhere, and they have not acknowledged it, to be able to repair it in good time, points out N Sathiya Moorthy.
The matter of Bumrah's availability for the series should have been a highly-guarded secret. That it was bandied about all through suggests the matter was deliberately placed in the public domain. This has become the basis of the hounding of Bumrah, by some former players and fans, asserts Rohit Mahajan.
Opposition parties allege the Modi government is attempting to turn India into a 'dictatorship' with the introduction of three Bills that seek to provide for removal of the prime minister, chief ministers and ministers arrested on serious charges, and vowed to oppose it 'tooth and nail'.
Gandhi said he was "waiting with open arms".
Another India lower-order collapse gave England a fighting chance of a thrilling victory in the first Test at Headingley on Monday, with the hosts 21/0 in their second innings at the close of play on day four, chasing 371 to win.
Arijit Singh is all set to make history.
The Enforcement Directorate questioned Delhi minister Kailash Gahlot for about five hours on Saturday and recorded his statement in connection with a money-laundering investigation linked to the Aam Aadmi Party government's now-scrapped excise policy, officials said.
Vice President Kamala Harris, who is the Democratic presidential candidate, in an op-ed on Saturday, recollected her frequent visit to India as a child, and her mother's mission to cure cancer.
This is being done to make grounds for medical bail, the ED told the court
India's spearhead Jasprit Bumrah is likely to miss the fifth and final Test against England, at The Oval starting on Thursday, due to workload management concerns.
The Supreme Court acknowledged a clean chit from a special investigation team (SIT) regarding the Vantara zoological rescue and rehabilitation centre in Gujarat's Jamnagar, following allegations of irregularities.
India finished Day 3 on 90/2 to lead England by 96 runs at stumps in the opening Test on Sunday after England were dismissed for 465 in the first innings.
India head coach Gautam Gambhir hinted pace spearhead Jasprit Bumrah could play in the must-win fifth and final Test against England.
The ED's counsel also contended that Kavitha was a co-conspirator and a beneficiary of the excise "scam" and the proceeds of crime were directly going to her.
The agency opposed Sisodia's bail plea before Special Judge Kaveri Baweja, who extended the judicial remand of the AAP leader till April 18 after he was produced before the court on the expiry of his custody.
Ben Stokes becomes 3rd all rounder to have 7,000 runs, 200 wickets in Test cricket
If all goes according to plan, the singing superstar will start his yet-untitled film by the end of the year.
The Enforcement Directorate (ED) conducted raids at multiple locations in Maharashtra and Gujarat as part of a money laundering investigation targeting a Malegaon-based trader suspected of misusing bank accounts to carry out transactions exceeding Rs 100 crore. The probe is linked to an FIR filed by Malegaon Police against Siraj Ahmed Harun Meman, who operates a tea and cold drinks agency, for allegedly misusing bank accounts for illegal transactions. The ED suspects the trader may have been using the funds to divert and route money for certain individuals by misusing the banking credentials of ordinary citizens. The possibility of electoral malpractice being involved is also under scrutiny.
Substitute Jorgen Strand Larsen scored twice in two minutes as Wolverhampton Wanderers beat fellow Premier League strugglers West Ham United 3-2 to reach the third round of the League Cup on Tuesday.
Sources said that the footage was recorded in video-only format during interrogation as the CCTV system did not have audio recording facility at the time. Audio recordings were added to the video capturing system of the ED interrogation process only in October last year, sources said.
The bail plea of fugitive diamonds trader Mehul Choksi, wanted in India in connection with over Rs 6300-crore fraud in the Punjab National Bank (PNB), has again been turned down by a court of appeal in Belgium, just ahead of his extradition hearing before a court in that country, officials said. The court rejected the appeal on strong reasons conveyed by the CBI to the Belgian prosecution that Choksi had escaped from many jurisdictions earlier as well to evade legal proceedings and may flee to another country if let out on bail, they said.
The Enforcement Directorate (ED) on Monday told the Delhi high court that the trial court order granting bail to Chief Minister Arvind Kejriwal was based on 'perverse' findings as it did not consider the material demonstrating his 'neck deep involvement' in the offence of money laundering linked to the alleged excise scam.
Referring to the ED's claim about the politician eating mangoes, sweets, aalo-poori etc regularly, he said these were provided to him only a few times.
Indian corporate are increasingly shifting away from bank funding towards alternative sources, such as equity and bond markets, as their deleveraged balance sheets have improved their ability to raise equity at better valuations. Moreover, the 100 basis points (bps) rate cut by the Reserve Bank of India (RBI) has enabled them to access long-term funds from the debt capital market at cheaper rates.
Justifying his arrest, the ED said Kejriwal had been arrested bona fide and not for any mala fide or extraneous reasons.
