Chennai-based DSQ Software may earn the dubious distinction of becoming the first company to be referred to the newly-created Serious Frauds Investigation Office for its role in the securities scam, sources said on Tuesday.
A Twitter spokesperson said they remain committed to working with the Government of India and that they respect the sensitivities involved, duly acknowledging the letter.
As prime minister, Dr Singh is obviously more worried about growth, inflation and rural jobs
The British government has supported to limit public funding for cricket unless it takes concrete steps to rid of racism
The Indian Air Force (IAF) has seen a reduction in fighter squadrons due to the phasing out of ageing MiG-21, MiG-23 and MiG-27 aircraft. The Parliamentary Standing Committee on Defence acknowledged the "shortage" and highlighted the multi-pronged approach being taken to address it. This includes the induction of indigenous Tejas fighters and the procurement of additional LCA Mk-1A aircraft. The report also addresses concerns over "incidences of spying" within the IAF and details the action taken against those involved.
The Joint Parliamentary Committee, probing the 2001 stock market scam and the UTI fiasco tabled its report in the Parliament.
Concerned over several violations by overseas corporate bodies including misuse of Indo-Mauritius double taxation avoidance treaty, the Joint Parliamentary Committee, which probed the securities scam has highlighted the absence of regulation.
Rejecting the Opposition demand for a JPC probe into demat share scam, the Government Tuesday said SEBI was examining the matter and strictest possible action would be taken against those involved in the irregularities.
Parliamentary proceedings were disrupted for the third consecutive day in the Winter Session as opposition parties continued their protests over the Adani issue and violence in Manipur and Sambhal. Both the Lok Sabha and the Rajya Sabha were adjourned within minutes of convening, despite appeals from the Chair to engage in productive dialogue and refrain from disruption. The opposition members raised slogans demanding action against the perpetrators of violence in Sambhal, and sought discussions on allegations of irregularities against the Adani Group and the violence in Manipur.
The opposition alliance that will take on the ruling National Democratic Alliance in the 2024 Lok Sabha elections will be called Indian National Developmental Inclusive Alliance (INDIA) and an 11-member committee will be set up for coordination, Congress president Mallikarjun Kharge announced after a meeting of the parties in Bengaluru.
Lok Sabha Speaker on Wednesday referred the issue of some Trinamool Congress members allegedly accepting bribe, as shown in a purported sting operation, to the Ethics Committee, asking the L K Advani-headed panel to examine and investigate the charges.
As soon as Lok Sabha assembled, opposition members stormed into the well holding placards and shouting slogans. They demanded a Joint Parliamentary Committee probe into the alleged stock manipulation by the Adani Group.
Alleging that American cola majors Coca Cola and PepsiCo were "playing" with the health of the public, pro-RSS Swadeshi Jagran Manch
The monsoon session of Parliament was on Monday adjourned sine die four days ahead of schedule in the shadow of the government-Opposition stand-off on the Indo-US nuclear deal that disrupted proceedings from day one
Insurance coverage for deposits in non-banking finance companies is unlikely to be provided as Reserve Bank of India has expressed reservations over the move.
Softdrink major Pepsi Co on Tuesday withdrew from the Delhi high court the petition filed by it challenging the controversial report of Centre for Science and Environment
The Central Food Technological Research Institute, Mysore, and Central Food Laboratory, Kolkata, were on Monday asked by JPC to explain why their sample test results on pesticide residues in soft drinks were at variance
Noting the benefits of Double Taxation Avoidance Convention between India and Mauritius, the SC recently said the recommendations of JPC for incorporating built-in safeguards in the treaty to check tax evasion was for the Parliament to take note of.
The Joint Parliamentary Committee set up to probe allegations of pesticides in soft drinks has expanded its ambit to cover juices, iced tea, milk and milk products, liquor and even bottled water.
The government on Thursday paved the way for corporatisation of bourses through amendments in Securities Contract Regulation Act in line with the suggestions made by the Joint Parliamentary Committee.
Government and Securities and Exchange Board of India have taken a number of measures to further enhance the efficiency and safety of the markets and ensure investor protection, Finance Minister Jaswant Singh said in Lok Sabha on Friday.
The increased numbers of the Opposition bloc would mean that their MPs are likely to head several more panels than the four that they did by the end of the term of the 17th Lok Sabha.
Reserve Bank of India's supervision as "weak and inefficient", the Joint Parliamentary Committee, which probed the stock scam on Thursday said timely action.
They have been pointing out that he is yet to cleared by the commission probing irregularities in defence deals.
However, even 10 days after Modi took the nation by surprise by announcing demonetisation of Rs 500 and Rs 1000 currency notes, his rivals continued to aggressively target him
Referring to the 27 per cent quota for OBCs in elite educational institutions, Kalam said this could be tackled by increasing seats in medical and management colleges.
The government on Wednesday rejected in the Lok Sabha the demand for setting up of a joint parliamentary committee into the collapse of Global Trust Bank
The government on Tuesday gave a clean chit to former Finance Minister Yashwant Sinha in the multi-crore stock markets scam of 2001
He said the CBI would go into all aspects of the bribery allegations.
The Congress on Wednesday said the Supreme Court judgment on certain matters relating to transactions by the Adani Group has proven to be 'extraordinarily generous' to Securities and Exchange Board of India (SEBI) and asserted that the party's fight against crony capitalism and its ill-effects on prices, employment and inequalities will continue.
"I do not think there is any need for a Joint Parliamentary Committee probe into the expose as demanded by many political parties, Tehelka Managing Editor Tarun Tejpal said.
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