Modi, a diamond jeweller whose designs have been worn by Hollywood stars, is now believed to be running a new business, which describes itself on the UK's Companies House register as a wholesale trader in watches and jewellery and a retailer of watches and jewellery in specialised stores.
Himachal Pradesh Chief Minister Virbhadra Singh, who has accused the Modi dispensation of trying to "destabilise and topple" his government by using central agencies, on Monday met Congress President Sonia Gandhi in the backdrop of President's Rule being imposed in party-ruled Uttarakhand.
The government, Jaitley said, is committed to detecting and preventing generation of black money
The aggrieved investors of National Spot Exchange (NSEL) have moved the Securities and Exchange Board of India (Sebi) against Financial Technologies (FTIL), the listed promoter.
Confiscation of the tycoon's properties will start from February 5.
The Delhi High Court on Thursday sought response of the Centre and the Enforcement Directorate on the bail plea of businessman Gautam Khaitan, arrested last month in a money laundering case related to the Rs 3,600-crore VVIP chopper deal.
The protesters poured into the city from different parts of the state, particularly the Vokkaliga stronghold of Old Mysuru region, in response to "Raj Bhavan Chalo" call given by various outfits of the community.
Italian defence and aerospace major Finmeccanica's former chief Giuseppe Orsi has been sentenced by the Milan appeals court to 4.5 years in jail for false accounting and corruption in the sale of 12 VVIP choppers to India for over Rs 3,600 crore.
Mamata Banerjee predicts the BJP-led NDA will not get more than 150 seats in the next Lok Sabha election.
Enforcement Directorate on Wednesday opposed in a Delhi court the bail plea of businessman Gautam Khaitan, arrested in connection with the money laundering case related to Rs 3,600 crore VVIP chopper deal, claiming that he was behind the "parking" of alleged kickbacks in the matter.
The Enforcement Directorate on Thursday filed its first chargesheet in a Delhi court against businessman Gautam Khaitan and others, including two Italian nationals, in connection with its money laundering probe in the Rs 3,600 crore VVIP chopper deal.
Congress leaders and workers continued their protests in several states on Thursday against Rahul Gandhi's questioning by the Enforcement Directorate in the National Herald money-laundering case with many of them taken into preventive custody including former Union minister Renuka Chowdhury in Hyderabad after she allegedly grabbed the collar of a police official.
Chhota Rajan, one of India's most wanted gangster, has been arrested in the tourist town of Bali, Indonesia on a Red Corner Notice issued by Interpol after eluding law enforcement agencies for over two decades.
'The web of transactions is so complex that it requires expertise to understand the strategies involved in each fraud.'
The Reserve Bank of India also banned with immediate effect issuance of letters of comfort which, like LoUs, are used by importers to fund their overseas purchases.
In a statement, the BJP chief's son said, ""The article makes false, derogatory and defamatory imputation against me by creating in the minds of right-thinking people an impression that my business owes its 'success' to my father Shri Amitbhai Shah's political position."
According to ED sources Sunil Mehta said the fraud took place due to "systemic failure" and "procedural lapses", owing to lack of interface or proper links between the core banking software and the SWIFT interbank messaging system.
'We, as a nation, must rise up and refuse to be silent spectators to the death of democracy. We stand with P Chidambaram and reiterate our unwavering belief in his innocence'
The Rajasthan government had, in January 2015, cancelled the mutations (transfer of land) of 374.44 hectares of land, after the land department claimed to have found that the allotments were made in the names of "illegal private persons".
The Enforcement Directorate on Friday slapped a money laundering case against former Indian Air Force chief SP Tyagi and 20 others in the Rs 3,600-crore AgustaWestland VVIP chopper deal to probe alleged kickbacks of Rs.360 crore.
He hoped that some of the dissident MLAs, who are led by sacked deputy chief minister Sachin Pilot, will also attend the session when it is called "very soon".
While some in the Congress were apprehensive that land grab allegations against her husband Robert Vadra could turn out to be Priyanka's Achilles heel, much of the BJP leadership opted not to bring up the issue at the current juncture.
The enforcement agency is looking to ensure that no big deals or transactions, such as the one Mallya struck with Diageo for Rs 500 crore, take place.
Union Home Minister Amit Shah on Thursday said the Bharatiya Janata Party is committed to bring Uniform Civil Code (UCC) in the country but only after following all democratic processes and discussions on it.
In a fresh development in NSEL's Rs 5,600 crore scam, the Enforcement Directorate (ED) on Monday registered a preliminary inquiry into the payment crisis, suspecting large-scale money laundering in the beleaguered spot exchange, a senior official said.
Michel, who was extradited from Dubai recently, was arrested by the Enforcement Directorate on December 22 and sent to a seven-day custody of the agency over money-laundering charges in the scam by a court.
Banking is a boring business but still the banker should enjoy it as fancy awards and cozy relationships with politicians, Bollywood stars and corporate honchos cannot save them if the job is not done properly. In the concluding part of the series Tamal Bandyopadhyay wonders how long Kochhar would need to wait for her redemption or downfall and atonement.
The agency has so far seized diamonds, gold jewellery and other precious stones worth Rs 5,716 crore in the case and summoned Modi and Choksi, the promoter of Gitanjali Gems, to appear before it on February 23 at its Mubai zonal office.
A special court on Saturday issued fresh summons against three accused in a money laundering case related to the Rs 3,600 crore VVIP chopper deal in which it had earlier issued an open-ended non-bailable warrant against British national and alleged middleman Christian Michel James.
Senior advocate K K Venugopal's name has been cleared for appointment as the Attorney General for India, following the decision of Mukul Rohatgi to step down as the top law officer.
The 82-year-old former Jammu and Kashmir chief minister received the ED summons a day after the formation of the People's Alliance led by him was announced on October 15.
The Income Tax Department on Tuesday also raided 20 premises linked to Gitanjali Gems promoter Mehul Choksi and suspected shell firms in connection with an alleged tax evasion case against them, official sources said.
India does not have a stringent privacy or data protection Act.
From promoters losing their firms to consumers realising there are no free lunches, 2019 was a year of getting real,says Shailesh Dobhal.
Justice G Jayachandran said there is ample evidence placed before the court by the prosecution to show that these accused were involved in cheating the government by producing forged documents.
Investigation to be over by weekend, Mumbai police EOW to lodge FIR thereafter.
Earning goodwill of the people of Jammu & Kashmir was necessary before such a move, the former prime minister said.
'Sameer and Chhagan Bhujbal's arrest is directly the impact of the PIL filed by the AAP in the Bombay high court.'
The arrest of Chhagan Bhujbal by the ED rocked Maharashtra Legislature with protesting Opposition alleging it was "vendetta politics".
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