The Economic Offences Wing of the Delhi Police has filed an FIR against former BharatPe co-founder Ashneer Grover, his wife Madhuri Jain Grover and family members Deepak Gupta, Suresh Jain and Shwetank Jain for an alleged Rs 81 crore fraud after a complaint by the fintech unicorn. The FIR, a copy of which has been seen by PTI, was filed under eight sections of the Indian Penal Code, including 406 that deals with criminal breach of trust, 420 (cheating and dishonesty), 467 and 468 (forgery). BharatPe in the complaint alleged that Grover and his family caused damages of about Rs 81.3 crore through illegitimate payments to bogus human resource consultants, inflated and undue payments through passthrough vendors connected to the accused, sham transactions in input tax credit and payment of penalty to GST authorities, illegal payment to travel agencies, forged invoices by Madhuri Jain and destruction of evidence.
Indian mobile and Web consumers speak in 30 languages and around 1,600 dialects.
Union minister Rajeev Chandrashekar on Tuesday rejected Dorsey's claim, calling it an "outright lie" and "an attempt to brush out that very dubious period" of firm's history.
'India's edtech and start-up story will be in danger.'
If all 102 grounded planes could fly, there will theoretically be 400 more Delhi-Mumbai flights every day.
Just hours after the powerful Board Of Control For Cricket In India (BCCI) announced they would take legal action against the WICB and were suspending all planned tours of the Caribbean -- moves that could have a devastating financial impact on the West Indies -- officials gathered at a beachside hotel to deal with the fall-out.
Anyone endangering sovereignty or integrity of India may get a maximum punishment of life imprisonment while those involved in mob lynching and rape of minor may be given the maximum punishment of death sentence.
After reaching a deal with ANZ in a six-year tussle, Pankaj and Radhika Oswal have left Australia and plan to start a new venture in New York
They alleged that they fled from their country because of religious persecution from the Hindu majority.
In 1937, a hydrogen-powered German airship flying into New Jersey caught fire and crashed, killing 35 passengers on board. It was sort of a man-made disaster as some 100 people were loaded on to a balloon filled with the most flammable material in the universe. The airship was named Hindenburg. Eight decades later, in 2017, a graduate of international business management from the University of Connecticut founded a "forensic financial research" firm to specialise in spotting wrongdoings and frauds, or what it calls man-made disasters, at companies around the globe and take market bets against them.
The Bombay high court on Wednesday rapped the Union government for "half-baked assurances and lips service" on tracking film producer Mushtaq Nadiadwala's two minor children, who he claims have been illegally detained by his wife in Pakistan since 2020.
These organisations said their campaign will continue till the display of such certification on their products are banned.
District Judge Samuel Goozee expressed his concern at the late submission of the documents, said to include largely bank statements relating to the diamond merchant's companies, but has agreed to consider the application for their submission.
'I hope they all survive, but it is a tough world.' 'The carriers who are already established are already struggling.'
Firms are flooded with credit crisis-related litigation jobs from American law companies.
Their favourite alternatives: Malaysia, Vietnam and the Philippines. Note, India is missing from that list. And this is despite an attractive financial incentive scheme for OSAT players. The reason, said a senior executive of a US chip company who had a meeting in Taiwan just a few weeks ago, is that "they want more predictability in government policy because they plan to put in big money."
A bench of Chief Justice Satish Chandra Sharma and Justice Subramonium Prasad had on December 15 last year reserved its verdict on the matter.
Prohibitory orders under Section 144 of the Code of Criminal Procedure (CrPC) have been issued in all districts of Uttar Pradesh to prevent any untoward incident.
In a first of its kind move, the Indian Railways Catering and Tourism Corporation (IRCTC), the ticket booking arm of the Indian Railways, is looking to monetise its bank of passenger data while conducting business with private and government companies. IRCTC has a large bank of data related to every online railway ticket ever generated as it is the country's only railway ticketing platform, an IRCTC official told Business Standard. The public sector undertaking, which has sought the services of a consultant to assist with the monetisation process, plans to raise Rs 1,000 crore through this exercise.
After the scheme was unveiled, protests erupted in several states against the scheme.
Despite the government crackdown on Web sites advertising escort services, the Internet leaves enough wiggle room for debauchery to thrive.
He claims that his offer to pay back the debt owed by his now-defunct airline had been rebuffed by the banks and the Indian government.
The government on Thursday said 18,600 toys have been seized in the last one month from major retail stores, including those of Hamleys and Archies, at airports and malls across India for lack of BIS quality mark and use of fake licences. Meanwhile, consumer protection regulator CCPA has also issued notices to three major e-commerce players -- Amazon, Flipkart and Snapdeal -- for alleged violation of toys quality control order, it said. Since January 1, 2021, the government has made it mandatory for toys to conform with safety norms specified by the Bureau of Indian Standards (BIS), a national standard setting body.
Additional metropolitan magistrate MV Chauhan committed the case to the sessions court in Ahmedabad for trial against Setalvad, former state director general of police RB Sreekumar and ex-Indian Police Service officer Sanjiv Bhatt.
'Coupled with e-filing procedures it would really enhance the ability of the judiciary to provide speedier justice.'
During his nearly 25-minute speech, Trump praised Modi's economic reforms and said these reforms have lifted more than three million people out of poverty. "And that is an incredible number," he added.
Out of 3.3 crore applicants, over 19 lakh people were excluded from the final NRC published on Saturday.
Other Indian-origin personalities on the list are Instacart founder and CEO Apoorva Mehta, doctor and Executive Director of nonprofit Get Us PPE Shikha Gupta and founder of nonprofit Upsolve Rohan Pavuluri.
The rights on offer are Indian Sub-continent Television Rights from 2018 to 2027 (10 IPL seasons), Indian sub-continent Digital Rights from 2018 to 2022 (5 IPL seasons) and Rest of the World Media Rights from 2018 to 2022 (5 IPL seasons).
The Delhi high court on Monday upheld the Centre's Agnipath scheme for recruitment in the armed forces, saying it was made in national interest and to ensure that the armed forces are better equipped.
It seems like there is a virtual war being fought on our borders. Despite curbs and beefed up security along the border, the Inter-Services Intelligence of Pakistan continues to gather information on India.
Citing various aspects, the forum has appealed to the DGCA to "withdraw the harsh punishment and suspension of the PIC". it said.
"If the job profile is same, then how you justify different pay? A lot will depend on the job profile. Get instructions on this and put it on an affidavit," a bench of Chief Justice Satish Chandra Sharma and Justice Subramonium Prasad told Additional Solicitor General Aishwarya Bhati who was representing the Centre.
After bumbling for years since 2014, the Modi government seems to believe that massive government expenditure will lead us to prosperity supported by 'seat-of-the-pants' decision-making, observes Debashis Basu.
Vice President Dhankar's and Law Minister Rijuju's recent interventions have the danger of destabilising the Constitutional equilibrium, cautions N Sathiya Moorthy.
Negotiations for a trade deal between India and the UK have run into fresh controversy, after the proposals under a leaked chapter of the deal on intellectual property (IP) are believed to put access to affordable, lifesaving generic medicines from India at risk. According to the draft IP chapter put out by an international trade portal bilaterals.org, the UK is seeking continuous extension of patent period and rights through small tweaks in the drug, known as evergreening. This may prevent patents from expiring, impacting cheaper drug availability and its production by Indian generic drug manufacturers.
The Supreme Court on Thursday disagreed with the Centre's submission that petitions challenging the amended law allowing extension of the Enforcement Directorate director's tenure up to five years should not be entertained as they have been filed by political entities facing serious money laundering charges.
In a move that is bound to spell relief for social media users, the government on Tuesday launched the much-awaited grievance appellate committee (GAC) mechanism that will allow users to appeal against decisions of social media platforms by filing their complaints on a new portal.
The advent of artificial intelligence, blockchain technology and cryptocurrencies, and the increasing use of Internet of Things devices throw techno-legal challenges regarding privacy and security. Experts say, any expansion of power to the government to block web-services is detrimental to the interests of users, innovation, and India's larger technology ecosystem. The move to block the mobile apps is likely to have a lasting impact on the data security and privacy framework.
The Supreme Court on Monday directed Uber to apply for a licence within three weeks to operate in Maharashtra, stressing that cab aggregators cannot function without one. A bench led by Chief Justice of India (CJI) D Y Chandrachud said that an earlier interim order by the Supreme Court that had allowed Uber to operate in the state would not provide legal cover, since an aggregator cannot operate without a licence. It ordered Uber to apply for a licence by March 6, said a report by Bar and Bench.
