'The BJP must realise that a resurgent Rahul Gandhi will take the battle straight into its camp.' 'He is not going to be held back by the misdeeds of UPA 1 and 2, so there is no point harping on them,' says Sanjeev Nayyar.
Varavara Rao reached home in Hyderabad on Thursday morning, while activists Vernon Gonsalves and Arun Ferreira, were sent to Mumbai by road.
The agency's latest action, under Prevention of Money Laundering laws, had been taken against the borrower company and its two group companies, which owe the investors Rs 922 crore (Rs 9.22 billion), sources said.
Both Corporate Affairs and Finance Ministries are studying the feasibility of implementing the FMC's proposals.
Investor wealth shrunk due to markets crashing on Wednesday.
'Isn't it tragic, comic as well as ironic that the people who owe their allegiance to the Constitution of India are declared deshdrohis without an iota of evidence?' 'But this mistake has to be corrected and those who actually and directly fomented the Bhima Koregaon riots and the masterminds behind these people will have to be exposed now.'
What was recovered from Bhajiawala family: Rs 1.45 crore cash, of which about Rs 1.05 crore was in new currency notes, bullion worth Rs 1.49 crore, gold jewellery valued at Rs 4.92 crore, other ornaments worth Rs 1.39 crore and silver ingots priced at Rs 1.28 crore.
Crisis-ridden National Spot Exchange Ltd (NSEL) on Wednesday said its Delhi-based member Mohan India Ltd has agreed to pay to the exchange about Rs 771 crore (Rs 7.71 billion) in final settlement over the next one year.
The Ministry of Corporate Affairs ordered the inspection of the books of accounts of NSEL and Financial Technologies India Ltd to ascertain if any rules under the Companies Act were violated, a senior official said.
Informal talks with people close to the Patidar leader are on to enlist the support of the Patel community, which comprises 20 per cent of the voters.
The government on Tuesday said it is keeping a close watch on the developments in the crisis-ridden NSEL and will take action once reports of the two committees looking into the problems of the exchange are received.
'When corporates have a stake in the government through contributions to political parties, democracy, which is supposed to work for the common man, doesn't.'
A students' march against the Rashtriya Swayamsevak Sangh-affiliated Akhil Bharatiya Vidyarthi Parishad on Saturday featured issues beyond free speech, with "simmering discontent" against the Narendra Modi government finding expression through colours, posters and poetry.
An SIT officer probing the murder case said the investigation is in final stage and a chargesheet will be filed in two months.
The Rahul-led campaign not only recorded its best assembly performance in the state since 1995, but also matched the BJP blow for blow in planning and execution.
'It will be our attempt that in order to get the country out of the condition it is in because of their (the BJP) coming to power, the Congress will go to them (leaders of parties opposed to the BJP) and if there is need for support we shall do so too.'
'The Congress should have accepted our demands.' 'Gone are the days when it could decide how many crumbs to throw at us.' 'Now, we make the demands.'
'Who will vote for and against who will be clear once the election results are declared on December 18.'
'Whether or not Chandrashekhar Azad succeeds or fails electorally, he has already made democratic politics more accountable to Dalits.'
His comments came in response to a query on whether Securities and Exchange Board of India would be initiating action against MCX-SX which rejigged its board yesterday amid continuing payment crisis at its group firm National Spot Exchange Ltd.
Addressing AAP's first rally in the state, Kejriwal said BJP and Congress were like "husband and wife" and alleged that Prime Minister Narendra Modi and Congress leader Ahmed Patel work "in unison".
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The exchanges have observed significant price and volume movement in the scrips of MCX in the recent past.
The investors write to new finance minister; say refunds, not arrests, their priority.
Indian business, on quite a different trajectory from its global counterpart, remains relatively insulated from any kind of backlash.
Earlier this month, the CBI registered a Preliminary Enquiry against former Sebi Chairman C B Bhave and ex-member K M Abraham, as also against Jignesh Shah-founded FTIL and MCX, among others.
Indian benchmark indices may witness bouts of volatility this week as traders roll over positions in the derivative segment on expiry of near-month contracts, say experts.
Despite being hailed as one of India's most progressive and most developed states, it is witnessing the fallout of lopsided progress.
'One provision in the Act -- immediate arrest (of those accused under the Act), made this act different from all other sections of the IPC.' 'With that provision snatched, the Dalit Act has become toothless because caste criminals feared this provision of immediate arrest the most.'
Commodity futures market's dream run came to a halt in 2013 as a Rs 5,600 crore scam in Jignesh Shah-led spot exchange NSEL and imposition of transaction tax on non-farm items hampered the growth of business, with turnover estimated to dip by 30 per cent to Rs 125 lakh crore.
In the first arrest in the NSEL's Rs 5,600 crore (Rs 56 billion) payout scam, a top official of the beleaguered spot commodity bourse, which defaulted on its payment for the eighth time in a row yesterday, was held on Wednesday by Mumbai police's Economic Offence Wing (EOW).
The NSEL chief said the exchange is also seeking the help of the Delhi government.
CBI sources said the shell companies were allegedly being used by the suspects to divert loan funds meant for specified purposes, creating fake invoices, and 'round-tripping' of funds to evade taxes and generate black money.
Reliance Capital, the financial services arm of Anil Ambani-led Reliance Group, has also listed several other concerns with regard to MXC deal.
'What has taken the wind out of its sails is the government's own expectation management and its inability to strategise on delivery,' says Vikram Johri.
The FT stock took a beating, losing 80 per cent in two sessions before recovering. Though in an exchange announcement following the government's missive on July 12, FT identified NSEL as a material subsidiary, rumour mills contemplated two possible transactions: a sale between May 30 and June 30 which had led to the subsidiary becoming an associate and another transaction between June 30 and July 15 when the associate again became a subsidiary.
In the interview to Business Standard last week, Chary had stated that the government's proposal to merge was unwarranted and that FTIL shareholders did not benefit from higher dividends from NSEL.
'It is not happening in the same manner as it was happening during the time of the Peshwas.' 'Whatever happened during the Peshwas cannot happen now.'
The Trinamool Congress and Nationalist Congress Party, have indicated that their party chiefs have better credentials for the post than the newly-elected Congress head, reports Archis Mohan
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FTIL group is in big trouble after over Rs 5,500 crore payment crisis surfaced at its subsidiary NSEL last year.
'It will not be a battle of unequals as it may have been thought a few months ago, but one on more or less a level playing field.' 'The Gujarat outcome cannot but breathe new life into the Congress for having almost succeeded in bearding the lion in its den,' says Amulya Ganguli.
