After the State Bank of India, Bank of India has classified the loan account of insolvent Reliance Communications as fraudulent and named its former director, tycoon Anil Ambani, citing alleged fund diversion in 2016, according to a regulatory filing. State-owned Bank of India granted a Rs 700 crore loan in August 2016 to Reliance Communications for its ongoing capital and operational expenditure and repayment of existing liabilities.
Amidst growing protests from students and other groups over the Telangana government's plan to develop 400 acres of land adjacent to the University of Hyderabad (UoH) for IT infrastructure, the Congress party has urged the state government to hold discussions with all stakeholders. The Congress leader, Meenakshi Natarajan, who is in charge of party affairs in Telangana, said the government should also consider the objections raised by students and others and await the Supreme Court's ruling on the land issue. The matter is currently being heard in both the Telangana High Court and Supreme Court.
'If a charitable or religious trust sells a capital asset -- such as land, buildings, shares -- and makes a capital gain, it can avoid paying tax on that gain if it reinvests the proceeds in another capital asset for its charitable purposes.'
Appointment of IOA CEO to be ratified by EC, announcement likely on Thursday
India reasserted that Pakistan requested a cessation of firing via DGMO contact and addressed concerns about Pakistan's roles in UNSC committees.
The government has no say in where the country's refiners source oil from because these are commercial transactions.
A team of officials from Commonwealth Sport, led by its Director of Games Darren Hall, will be in Ahmedabad for three days from Tuesday to inspect the venues.
Kim during an emergency party politburo meeting held in late July, said he will punish officials for the damage from heavy rains that flooded areas and displaced thousands.
Implementation of sports bill in 6 months, regulation of participation standard safeguard: Mandaviya
Kalyan Chaubey alluded to lack of goals from the Indian strikers, which he said could be one of the reasons for the poor show by the team under Manolo Marquez.
In a big boost to tycoon Gautam Adani, markets regulator Sebi on Thursday cleared the billionaire and his group of stock manipulation allegations made by US short-seller Hindenburg Research, saying fund transfer between group companies did not fall foul of any regulation.
Trump to sign order creating Olympics task force ahead of 2028 games
The Uttarakhand high court has asked two top officials of the state to find out whether an officer who has no knowledge of English can effectively control an executive position after an additional district magistrate responded in Hindi during the hearing of a public interest litigation (PIL).
The US's recent 50 per cent tariff on Indian exports will have a trickledown effect on India's affordable housing, potentially derailing demand as well as supply in this segment, according to experts. Pointing to worker incomes and jobs in micro, small and medium enterprises (MSMEs), and small and medium enterprises (SMEs) that typically make up majority of the customer base of affordable housing, would take a hit in the near terms due to the tariff change, further crippling India's affordable housing sector, already reeling from the impact of the Covid-19 pandemic.
'The IOA has no jurisdiction over the conduct of elections for NSFs, yet this order has been issued in a manner that clearly questions its intent.'
Seven engineers including two chief engineers were suspended with immediate effect while a departmental inquiry will be conducted against a retired superintendent engineer, he added.
Robust backing from the government and a desire to stage big-ticket events make India a strong candidate to host the 2030 Commonwealth Games.
The International Olympic Committee (IOC) will spearhead discussions on gender eligibility criteria in sports, its new President Kirsty Coventry said on Thursday, four years after the ruling body had urged federations to handle the issue independently.
Pattali Makkal Katchi (PMK) founder Dr S Ramadoss has announced taking up the complete reins of the party, relegating his president son Anbumani to the role of working president. The move, announced ahead of Union Home Minister Amit Shah's visit to Chennai, comes in anticipation of the 2026 Assembly election.
The Supreme Court on Monday expressed its displeasure at the Delhi High Court Bar Association for questioning the representation of women judges in the top court while arguing for reservation for women lawyers in the high court bar. The court refused to hear further arguments from the bar body and set November 29 for final arguments on the issue of reservation. The court had previously directed the DHCBA to reserve the post of treasurer for a woman and consider reserving one more post for a woman in the five-member office-bearer body. It had also directed that at least three out of the 10 executive members be women, with at least one being a senior designated advocate.
'Non-BJP state governments and their leaders, navigating today's political landscape, know well they have no clue what awaits around the corner.' 'The chances of charges pressed and oneself getting parked in custody play out on an uneven playing field,' points out Shyam G Menon.
The Supreme Court has questioned the practice of Governors withholding assent to bills indefinitely, stating that it renders the constitutional provision of 'as soon as possible' meaningless.
Defence Minister Rajnath Singh has approved the "execution model" for the indigenous development of a fifth-generation deep penetration advanced medium combat aircraft (AMCA) for the Indian Air Force. The Aeronautical Development Agency (ADA) will execute the programme through industry partnership, with equal opportunities for both private and public sectors. The project is a major step towards "Aatmanirbharta" (self-reliance) in the aerospace sector and is expected to cost around Rs 15,000 crore.
An Indian delegation met top officials of the United Nations Office of Counter-Terrorism (UNOCT) and Counter-Terrorism Committee Executive Directorate here even as New Delhi stepped up efforts to designate The Resistance Front, a Lashkar-e-Tayyaba proxy, as a UN-listed terror outfit for its alleged involvement in the Pahalgam attack.
A 20-year-old college student in Odisha is in critical condition after setting herself on fire to protest alleged sexual harassment. Doctors have started dialysis, and the Chief Minister has visited the hospital.
Last fortnight, State Bank of India Chairman C S Setty lifted the veil on a subject long spoken of in corporate corridors: Why can't our banks finance mergers and acquisitions (M&As)? Change is in the air: Indian Banks' Association (of which Setty is the chairman) is to "make a formal request" to Mint Road to make way for it. Thus far the exclusive turf of foreign banks even though its funding remains offshore - as in, it's not on these entities rupee-book (and a few select shadow banks) - a most lucrative segment in the investment banking suite, M&As, will be homeward-bound.
India, Australia and England are likely to be joined by South Africa, New Zealand and Sri Lanka in the top division, while Pakistan, the West Indies, Zimbabwe, Bangladesh, Afghanistan and Ireland will be placed in the second division.
Wang is travelling to India days ahead of Prime Minister Narendra Modi's planned trip to the Chinese city of Tianjin to attend the annual summit of the Shanghai Cooperation Organisation.
The Indian Olympic Association's Executive Council agreed to set up a panel to tackle doping after India's poor record was flagged by the IOC during a national delegation's visit to push for the 2036 Olympic bid.
The FIH Athletes Committee serves as a consultative body and makes recommendations to the FIH Executive Board, FIH Committees, Advisory Panels and other bodies.
Former captain Bhaichung Bhutia demanded the resignation of All India Football Federation president Kalyan Chaubey.
'I look forward to contributing to the next phase of cricket's evolution, expanding its global footprint, enhancing the fan experience, and working closely with ICC Member Boards to build on our strong foundations.'
The All India Tennis Association (AITA) selection panel picked a five-member squad in which Mukund will be the highest-ranked singles player at number 368.
AIFF chief Chaubey accuses Bhutia of running football schools for "vested interest"
The ministry's decision came after the country's top wrestlers, including Bajrang Punia and Vinesh Phogat, resumed their sit-in protest in New Delhi on Sunday and demanded the public disclosure of the findings of the oversight panel that investigated the sexual harassment allegations against WFI chief Brij Bhushan Sharan Singh.
Jain currently heads RAW's Aviation Research Centre (ARC), which deals with aerial surveillance, among others.
Khelo Bharat Niti: Regulatory bodies for better sports administration but will IOA, NSFs play ball?
The principal of a college in Odisha was arrested after a student set herself ablaze following alleged sexual harassment. The incident has sparked protests and political tensions in the state.
'If the INDIA bloc ever forms the government, they will be more than tempted to use such provisions to bring about regime change in BJP-ruled states.'
One hundred years ago, a group of 10 revolutionaries carried out an operation that shook the British Empire. Utkarsh Mishra revisits the 'Kakori Conspiracy Case', a turning point in the armed struggle for independence.
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