The ruling was made by the Securities Appellate Tribunal, an independent quasi-judicial body that rules on appeals against orders passed by the Sebi.
PNB is fully committed to its clean banking policy. That is why we are the first one to detect and report this to the various law enforcement agencies," PNB's CMD Sunil Mehta said on Thursday.
Two US Congress members have expressed doubts over the quality of inspections conducted by the US Food and Drugs Administration (FDA) on Indian drug manufacturing facilities.
In April 2015, the regulator issued a show cause notice to the bank for alleged violation of portfolio managers' norms with respect to one relationship manager.
'Once Mohanlal's ever-swelling entourage grasped his enormous worth, once it realized that the innate Mohanlal appeal could be profited from, it set about to exploit, to make uproars, to create the Mohanlal brand.' 'And he wasn't meant to be a brand. He was meant to be an artist, a tireless explorer of the unique seas inside him,' asserts Sreehari Nair.
Report holds Hitachi responsible for debit card data theft. When the data theft came to light, Hitachi had denied that its systems were compromised.
Countrywide raids are being conducted in connection with a money laundering case linked to a fertiliser scam.
The US House of Representatives impeached President Donald Trump by 232 to 197 votes for his role in last week's Capitol Hill riot, making him the first president in American history to be impeached twice.
Interception of electronic communication should also be covered in the powers being sought, the report said.
RBI seeks detailed report on what happened between 2011 and now; bankers to recall loans to Nirav Modi entities.
The Congress may approach the Supreme Court seeking expunction of some adverse remarks made by the Delhi high court in the National Herald Case in which Sonia Gandhi and Rahul Gandhi are among the accused.
The CBI said the RJD leader is likely to get involved in political activities and misuse the grant of bail ahead of upcoming Lok Sabha polls.
Phishing means sending an e-mail that falsely claims to be from a particular enterprise (like your bank) and asking for sensitive financial information.
Karvy Computershare Pvt Ltd engaged in fraudulent activities with respect to certain initial public offerings in 2005, market regulator Sebi said.
While it's not difficult to fall prey to card fraud, individuals can protect themselves against losses.
Preliminary investigations conducted by capital markets regulator Securities and Exchange Board of India and inputs from other regulators and government departments suggest that some brokers were offering structured financial products to their HNI clients under some portfolio investments schemes for high returns of 10-20 per cent.
CBI is expected to issue summons to a number of other people and entities involved in the case in the near future
This was reflected in India Inc's lackadaisical attitude towards sensitising employees on fraud prevention.
Booked between 2007 and 2011, out of the total 32,700 residential units under various Jaypee Infratech (JIL) projects, at least 20,000 homes are yet to be delivered. Supreme Court documents show that, till last March, Jaypee had issued 7,997 offers of possession to homebuyers while executing only 6,530 sub-lease deeds. These deeds offer homebuyers possession rights but, unlike registration, does not guarantee absolute ownership.
With auditing under the scanner and two of the Big Four firms stopping non-audit services for audit clients, auditors will now be subjected to a more stringent standard of reporting.
An inquiry had been launched with officials under fire for issuing CNICs without legitimate documentation.
Embattled liquor tycoon Vijay Mallya on Monday lost his high court appeal against his extradition order to India in relation to charges of fraud and money laundering amounting to an alleged Rs 9,000 crores.
However, Jaitley's son-in-law had earlier issued a statement stating that his law firm had returned the retainership the moment they came to know that the company was involved in a scam.
The jeweller, who had left the country before Punjab National Bank approached the CBI with complaint against him and Nirav Modi, said the media continued to conduct a trial by itself blowing each and every issue out of proportion.
Sixty-eight paintings that once belonged to fugitive diamond merchant Nirav Modi will go under the hammer next week.
Fraudsters were luring gullible investors of daily returns up to Rs 75,000.
Sebi is looking into the matter.
Mallya said, the ED on the one side and the banks on the other are fighting over the same assets.
Park is charged with one count of conspiracy to commit computer fraud and abuse and one count of conspiracy to commit wire fraud.
The PMLA court in Mumbai has sought their appearance on September 25 (Nirav Modi) and 26 (Mehul Choksi) respectively under the fugitive economic offender law.
A high-level three-member committee is formed to grow awareness about fraudulent job offers.
In a jolt to 634 medical students, the Supreme Court on Monday upheld cancellation of their admission in the MBBS course through Vyapam test in Madhya Pradesh for adopting unfair means, terming their action as "an act of deceit".
Sebi ruled that Pendse has violated various provisions of the PFUTP Regulations and the Securities Contracts Regulation Act with his illegal transactions.
The Enforcement Directorate had asked for financial details from both public and private sector banks and a part of these details were submitted last week
Probe has been completed against 83.
The ED said that Chidambaram has remained evasive and therefore grant of pre-arrest bail at this stage would be highly detrimental to the investigation.
Under the Companies Act, all the rights of at least 300,000 disqualified directors cease to have any validity.
'Philosophy, politics and practicality cross paths in Mohalla Assi's ambitious premise.' 'Except it is directed in such an unwieldy fashion that instead of rich satire, what emerges is a lumbering flab of incoherence and opinion glut,' notes Sukanya Verma.
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