Former Indian American Goldman Sachs director Rajat Gupta is facing trial in one of the most high profile cases of insider trading in the US that will likely see investment guru Warren Buffet and Arcelor Mittal Chairman Lakshmi Mittal as potential witnesses.
Bajaj added that doing something like insider trading was height of stupidity.
Delhi Chief Minister Arvind Kejriwal, arrested in the Delhi liquor policy case, on Thursday alleged that the 'actual' excise scam started after the Enforcement Directorate (ED) probe and not when the policy was made and that the agency's 'two main motives' were to crush his Aam Aadmi Party and to declare it corrupt.
The US government has asked a court in New York to slap a maximum penalty of $15 million on India-born fallen Wall Street titan Rajat Gupta and permanently bar him from serving as director of any publicly-traded firm for his "terrible breach of trust" by indulging in insider trading.
The Supreme Court on Monday referred to a five-judge Constitution bench a suit filed by the Kerala government raising the issue of ceiling on net borrowing.
Former Central Bureau of Investigation joint director Amit Kumar, who is now posted as Chhattisgarh police ADG, led the probe into the coal scam that resulted in convictions in a number of cases.
The 81-year-old Tunda, a close aide of wanted terrorist Dawood Ibrahim, was accused of carrying out blasts in five trains in different cities in December 1993 to mark the first anniversary of the Babri Masjid demolition.
The ED had arrested Kejriwal on March 21, hours after the high court refused to grant him protection from coercive action by the federal anti-money laundering agency.
The Supreme Court said on Thursday that it will set up a fresh five-judge Constitution bench at an "appropriate stage" to hear pleas challenging the constitutional validity of polygamy and 'nikah halala' among Muslims.
Away from the courtroom and legal circles, Nariman was a familiar figure for residents of Hauz Khas who would see him walk regularly, even in the cold winter months of December and January.
A Delhi court on Wednesday awarded a four-year jail term to ex-Rajya Sabha MP Vijay Darda, his son Devender Darda, and businessman Manoj Kumar Jayaswal in a case related to irregularities in the allocation of a coal block in Chhattisgarh.
Banda chief judicial magistrate Bhagwan Das Gupta appointed Garima Singh, additional chief judicial magistrate (MP-MLA Court Banda) as the investigating officer in the case, the official said.
Haryana Home Minister Anil Vij Monday said the probe into the killing of Indian National Lok Dal (INLD)'s state unit chief Nafe Singh Rathee will be handed over to the Central Bureau of Investigation even as 12 people including a former MLA were booked in connection with the murder.
Some of Bollywood's prettiest girls stepped out for a cover girl hunt event.
Former Delhi high court judge Reva Khetrapal will be Delhi's new Lokayukta, a post which was lying vacant since 2013.
The state government announced the formation of a two-member judicial enquiry committee to probe the encounter in Jhansi.
A bench headed by Chief Justice S A Bobde directed that the inquiry commission should start functioning within a week and the probe be concluded within two months.
From steel tycoon Lakshmi Mittal to billionaire Sunil Bharti Mittal's Airtel, Anil Agarwal's Vedanta, ITC, Mahindra and Mahindra, and a lesser-known Future Gaming and Hotel Services were among the prominent buyers of the now-scrapped electoral bonds for making political donations.
Gupta filed a 70-page petition with the US Court of Appeals for the Second Circuit yesterday seeking 'panel rehearing and rehearing en banc', saying in 'rejecting two of his challenges to the exclusion of critical evidence in his case, the panel misapprehended several points' about the insider trading case against him.
The court noted that Gupta made 'dishonest misrepresentation' before the then prime minister.
This is being done to make grounds for medical bail, the ED told the court
In Phase 6, indications are that the BJP, which is defending 40 seats, will lose in double digits and gain in single digits. Not good, if you are the ruling party scrambling to earn a working majority, with just one phase left to go, argues Prem Panicker.
The brief courtroom drama began on Monday when the jury was listening to the testimony of star government witness Goldman Sachs chief executive officer Lloyd Blankfein.
The Delhi high court on Friday refused to interfere with the 'malicious' arrest of Aam Aadmi Party leader Sanjay Singh by the Enforcement Directorate in a money laundering case related to the now-scrapped excise policy of the Delhi government, saying it cannot impute political motive to a 'premier' investigating agency in the absence of material on record. It also said Singh's was not a 'prima facie case of no evidence at all'.
A Delhi court on Tuesday granted bail to Shankar Mishra, accused of urinating on a woman co-passenger on an Air India flight from New York to Delhi.
'I learnt today that Bilkis Bano had to change her house after these people were released as some of them lived in her vicinity.' 'This was an injustice to her, she had to do this under duress.'
The Enforcement Directorate has filed its first charge sheet in connection with its money laundering probe against Chinese smartphone maker Vivo-India and some others, official sources said on Thursday. The prosecution complaint was filed before the court of Special Judge Kiran Gupta in New Delhi on Wednesday under the criminal sections of the Prevention of Money Laundering Act and Vivo-India has been named an accused apart from those arrested in this case, the sources told PTI. The judge posted the matter for consideration on December 13.
'This mega corruption scandal, as certified by the Supreme Court, will expose the unholy nexus between the BJP and its corrupt corporate masters'
The Supreme Court said on Thursday it will set up a fresh five-judge Constitution bench to hear the pleas challenging the constitutional validity of polygamy and 'nikah halala' among Muslims.
The Gujarat high court on Thursday quashed an order of Vadodara's Maharaja Sayajirao (MS) University in May last year debarring a student of a fine arts course from all faculties at the institution over alleged objectionable artwork involving Hindu deities.
The Delhi high court on Tuesday imposed Rs 2 lakh as costs on BharatPe co-founder Ashneer Grover in the matter related to his alleged defamatory social media posts against the fintech company. Justice Rekha Palli took on record the apology and the undertaking given by Grover but proceeded to impose costs on him, saying the "court cannot be taken for granted". The judge, while dealing with a plea by Resilient Innovations Pvt Ltd - which owns BharatPe - against its former MD, said the court was "appalled" to note the "persistent" and "blatant" violation of the earlier orders and assurances given by Grover in this regard.
The Supreme Court refused to stay Allahabad high court's December 14 order which allowed the primary survey of the Shahi Idgah complex adjacent to the Shri Krishna Janmabhoomi Temple in Uttar Pradesh's Mathura by a court-monitored three-member team of advocate commissioners.
BCCI ethics and ombudsman, served a notice to Ambani after receiving a complaint from former MPCA member Sanjeev Gupta.
The Congress now knows that it is the only force -- however weakened it might be -- that stands between the BJP and India's evolution into a single-party Republic. Because, once it is out of the way, the BJP could sort out the other regional powers: Co-opting some, demolishing others, asserts Shekhar Gupta.
The Supreme Court on Friday refused to stay the proceedings before the Allahabad high court on suits related to the Sri Krishna Janambhoomi-Shahi Idgah dispute, saying it will not be fair to interfere with the high court order without hearing both the sides.
It, however, noted that as a part of a separate compensation, the Delhi government has paid Rs 1 lakh each to the two families and the remaining Rs 9 lakh will be paid to them within 15 days.
The Supreme Court collegium has for the second time reiterated the names of two advocates -- Amitesh Banerjee and Sakya Sen -- for appointment as judges of the Calcutta high court "expeditiously", saying it was not open for the government to repeatedly send back the same proposal.
The fast-track court of the civil judge (senior division) has posted the matter to April 17 for further hearing.
The stars Rediff.com Contributing Photographer Pradeep Bandekar sighted on Tuesday.
If Indira Gandhi hadn't targeted the RSS, Narendra Modi wouldn't be sitting pretty with his second majority and looking at a third, asserts Shekhar Gupta.
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