The accused, along with other unknown officials, who were entrusted with the responsibility of new currency notes, "fraudulently" gave away new notes to the tune of Rs 1.99 crore to RBI officials and others.
Software major Infosys was eyeing Tier-II cities like Tiruchirapalli and Madurai in Tamil Nadu for its expansion once the global economy recovered from the current recession, a top company official has said.
Gold production in India has dwindled in recent times.
A consortium of Indian banks led by the State Bank of India (SBI) returned to the High Court in London for a bankruptcy application hearing against liquor tycoon Vijay Mallya, as they pursue the recovery of debt from loans paid out to his now-defunct Kingfisher Airlines. At a virtual hearing before Chief Insolvencies and Companies Court (ICC) Judge Michael Briggs on Friday, both sides deposed retired Indian Supreme Court justices as expert witnesses on Indian law in support of their arguments for and against a bankruptcy order against Mallya in the UK. While the banks argued a right to waive their security over the Indian assets involved in the case in order to recover their debt in the UK, lawyers for the 65-year-old businessman argued that the funds in question involved public money held by state-owned banks in India which precluded them from such a security waiver.
At a hearing before Master David Cook at the Queen's Bench Division of the court, Mallya's legal team sought a dismissal of the interim order.
Did you know that ethical hackers earn anything between Rs 800 to Rs 1,000 per hour?
R K Laxman immortalised the passive, hapless common man with an uncanny perception
While the number of operational airports in the country will rise to 131, other smaller towns too are seeing a surge in connectivity.
A UK court hearing an urgent application on Monday refused to sanction the release of substantial sums held with the Court Funds Office (CFO) as part of bankruptcy proceedings being pursued against liquor tycoon Vijay Mallya by a consortium of Indian banks, led by the State Bank of India (SBI).
Railways seamer Anureet Singh's five-wicket haul kept them in the hunt for the quarter-finals as they got three crucial points against Jammu and Kashmir by virtue of a first innings lead in a rain-curtailed Group B league match of the Ranji Trophy, in a home tie in New Delhi on Saturday.
A summary of the third day's play in the Ranji Trophy league matches at various venues across the country.
R K Laxman was suffering from a prolonged illness.
'Good friends are those who advise whether something is palatable for you or not.' 'Good friends are those who are not afraid of telling the truth.'
A British court on Monday granted a bankruptcy order against Vijay Mallya, paving the way for a consortium of Indian banks led by the State Bank of India (SBI) to pursue a worldwide freezing order to seek repayment of debt owed by the now-defunct Kingfisher Airlines. "As at 15.42 [UK time], I shall adjudicate Dr Mallya bankrupt," Chief Insolvencies and Companies Court (ICC) Judge Michael Briggs said in his ruling during a virtual hearing of the Chancery Division of the high court. "I have to decide if there is a real prospect of payment of petition debt in full within a reasonable period of time... there is insufficient evidence that [Mallya's asset realisations in India] will pay the debt in full within a reasonable period of time," Judge Briggs noted, in reference to defence arguments pointing to a restoration process in India following a Prevention of Money Laundering Act (PMLA) court order for the attachment of Mallya's assets.
In a ruling in May, a UK high court judge had refused to overturn a worldwide order freezing Mallya's assets and upheld an Indian court's ruling that the consortium of 13 Indian banks were entitled to recover funds amounting to nearly 1.145 billion pounds.
In a noble gesture, Kolkata Knight Riders named deceased Bengal cricketer Ankit Keshri as their 16th man while his family was given a cheque of Rs 20 lakh at a ceremony ahead of their Indian Premier League against Chennai Super Kings at Eden Gardens in Kolkata, on Thursday.
University of Mysore offers three degree programmes, including a Master's degree in Information Technology.
Forget Munnar and Manali, these places in India are worth your time.
Rediff readers share their best photographs of India from their travels.
Eleven years into the league and after a 70 per cent year-on-year growth in merchandise sales over the past three to four years, albeit on a low base, the franchise owners are coming up with innovative games and shows around their teams besides spinning a wider range of merchandise around their star players.
The Lok Sabha constituencies that JD-S will contest are Uttara Kannada, Chikkamagaluru, Shivamogga, Tumkur, Hassan, Mandya, Bengaluru North and Vijayapura.
The Kannada film is an average entertainer with a rather tame ending.
'Tipu Sultan may have had his flaws, but that does not mean he can be axed from textbooks.' 'Besides, if it is Tipu today, who will it be tomorrow?' asks Shuma Raha.
It has taken 51 days to reach a daily caseload of 84,000 from 11,000, as against 85 days taken in the first wave, report Abhishek Waghmare and Sohini Das.
Indian firms caught napping as private details of individuals were leaked
'One remembers Professor Rao with fondness as the man who gave the space programme a very professional front face, a very different appearance from the raw energy of a Vikram Sarabhai or the polished passion of a Dr Satish Dhawan.'
Property and Building Corporation Limited (PBC) and Electra Real Estate Limited, part of two leading Israeli business conglomerates, on Wednesday announced their plans to build Rs 4,000-crore real estate projects in three southern cities of Hyderabad, Chennai and Mysore through a newly-incorporated Indian joint venture company, PBEL Property Development (India) Private Limited.
Among other things, the company is considering monetising the Global Village tech park located off Mysore Road in Bengaluru, for which private equity major Blackstone was said to have shown interest.
President of the Karnataka Congress unit Mallikarjuna Kharge told reporters that Sonia will address public rallies in Bengaluru and Tumkur. Prior to Sonia's visit, Prime Minister Manmohan Singh too would be in Karnataka and address rallies at both Bengaluru and Mysore on May 6. The Congress also plans to rope in the brother-sister duo of Rahul and Priyanka to campaign. However, the dates of their visit to campaign for the party in Karnataka have not been finalised as yet.
With Cricket Australia repeatedly stressing on the "unrealistic" challenge of hosting the 16-team T20 World Cup in October-November, the likelihood of having the IPL has increased significantly in a year thrown haywire by the COVID-19 pandemic. The ICC recently pushed its final decision on the T20 World Cup to next month but the BCCI has already zeroed in on the September-October window for the tournament.
The vehicle once belonged to Krishna Raja Wadiyar IV.
Liquor tycoon Vijay Mallya on Friday made an urgent application before the UK High Court seeking access to millions of pounds to cover his living expenses and legal fees from funds held with the Court Funds Office as part of bankruptcy proceedings, initiated by a consortium of Indian banks led by the State Bank of India. Deputy Insolvency and Companies Court Judge Robert Schaffer declined to allow a draw down from the court-held funds of an estimated amount of around 1.5 million pounds, accrued from the sale of Mallya's French luxury property Le Grand Jardin earlier this year, until further arguments in the case. However, he did allow the release of 240,000 pounds plus VAT to cover the legal costs of a substantive hearing in the bankruptcy proceedings scheduled for next Friday.
Murthy talks about his role at the company, retirement plans and the direction in which Infosys is headed.
Opener Kieran Powell's half century along with spinners Veerasammy Permaul and Nikita Miller's magical spell, tightened the West Indies A grip over India A on the third day of the first unofficial Test at Gangothri Glades Cricket Grounds in Mysore on Friday.
Opposing Tipu birth anniversary celebrations, Bharatiya Janata Party and pro-Hindu organisations had called for a bandh on Tuesday even as the district administration had made arrangements for the celebration.
Five cities -- Delhi, Shimla, Mysore, Ahmedabad and Ranchi -- were shortlisted by the Ayush ministry and sent to the Prime Minister's Office for final selection.
In the course of his various tenures, Yediyurappa made many adversaries. Bommai, by contrast, knows the Opposition well and has many friends, cutting across parties -- he is, after all, only a 2008 BJP entrant.
Basic amenities like roads, schools and health centres are what Belgaum needs, not an issue that belongs to the history books.
While it was not directly suggested that the COVID-19 pandemic was related to biological warfare, it is significant that the government is exhorting military laboratories to work concertedly on biological defence.
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