The tax department has slapped a whopping demand of Rs 1,385 crore on Big Bull Ketan Parekh and his group entities.
Regulator finds broker trading through conduits; 26 entities barred from market.
Stock broker Ketan Parekh, alleged mastermind of the securities scam of the 1990s, has moved the Supreme Court seeking permission to travel abroad for the treatment of his daughter.
A Kolkata court on Tuesday extended for four days the police remand of former big bull Ketan Parekh in connection with the Rs 120 crore (Rs 1.20 billion) Calcutta Stock Exchange scam, even as it granted bail to another accused.
Income Tax department has found an "undisclosed" income of Rs 1,993.26 crore (Rs 19.93 billion) with the big bull's KP group.
'If a senior person like Ranvir Shorey, who has worked in the industry for so many years, cannot take a stand for me, what should I expect from the others?'
The Supreme Court on Monday issued notices to stockbroker Ketan Parekh, Central Bureau of Investigation and the Gujarat government on a petition filed by Madhavpura Mercantile Co-operative Bank.
Parekh was held guilty in the case related to the 1992 stock scam, in which Canbank Financial Services was duped of over Rs 47 crore (Rs 470 million). On April 1, a special court in Mumbai had sentenced Parekh, Hiten Dalal and four others to one year in jail for siphoning off funds from Canbank Financial Services Ltd, a unit of Canara Bank.
This season of BB OTT may be a difficult watch, observes Namrata Thakker.
Mumbai stock broker Ketan Parekh, in custody for about four weeks now, is planning to move the Supreme Court next week for bail after his prayer was rejected by the Calcutta high court.
Ishq Vishk Rebound is a drab romance and dull comedy that even the intended teen audience might have a hard time keeping up with, sighs Mayur Sanap.
'...be it a comedy, thriller or a love story.' 'The bhindi costs Rs 30 per kilo, but the price of potato remains unchanged.'
Randeep Hooda and Lin Laishram made a handsome couple at their wedding reception in Mumbai, where they invited their friends from the film industry.
Stock broker Ketan Parekh sentenced to one year jail term in the 1992 Canfina scam. Earlier, on November 12, 2007, the Securities and Exchange Board of India had barred Ketan Parekh and his associates, who were instrumental in the stock scam of 1999-2001, from accessing the stock market for another ten years.
One of the biggest defaulters of Ahmedabad-based Madhavpura Mercantile Co-operative Bank, stock broker Ketan Vinaychandra Parekh has settled his dues with the bank by paying Rs 26 crore a fortnight ago, revealed informed sources. The so called 'big-bull' of the stock market has paid a whopping Rs 396 crore in less than two years to MMCB.
'I believe one should never disrespect their elders but if the person does not know how to talk to people, then I am sorry, I cannot take it.'
'I studied in a government school, whereas all of them came from convent schools, speaking fluent English.' 'I am one of the most educated girls in my village.'
'I always wanted to be a part of a platform like this which enables you to show your true personality to the world. But after entering the show, I realised this show is more suitable for people like Armaan Malik, who backbite and indulge in unnecessary arguments. I am not cut out for such things.'
Led by a new generation of entrepreneurs, India's family offices are shifting from traditional investments in physical and tangible assets like real estate to investing in technology, healthcare, and retail stocks. This new wave of family offices is engaging in stock market investments, including pre-IPO placements and secondary market operations. "Born into a world of technology, the next generation, especially those born after 2000, view technology as equally crucial as finance for running a business.
Aamir Khan and Kiran Rao played host at a screening of Laapataa Ladies.
The Congress on Tuesday announced its second list of 43 candidates for the Lok Sabha polls, fielding Kamal Nath's son Nakul Nath once again from Madhya Pradesh's Chhindwara and Ashok Gehlot's son Vaibhav Gehlot from Rajasthan's Jalore.
Much better films about the explosive -- if often misdirected -- energy of the young have been made before than Dange, points out Deepa Gahlot.
Asokan said Ramdev went against the medical profession by saying "modern medicine is a stupid and bankrupt science".
R Madhavan's Rocketry: The Nambi Effect has won the National Award for Best Feature Film while Alia Bhatt and Kriti Sanon shared the Best Actress award for their roles in Gangubai Kathiawadi and Mimi, respectively.
Three days after their mother Pamela Chopra passed into the ages on April 20, Aditya and Uday Chopra held a prayer meet at their residence.
Why are DIIs holding such a high stake in Zee, which is beset with alleged governance issues? Perhaps they think Zee is a deep-value stock, observes Debashis Basu.
BJP MLA and complainant Purnesh Modi, in his reply filed earlier in the same court, opposed Gandhi's plea for a stay on conviction saying the Congress leader is a 'repetitive offender' who is in the habit of making defamatory statements.
Esports to breakdancing, Hangzhou will set the trend for future of sport
Stones were hurled at a Ram Navami procession in Fatehpura area of Gujarat's Vadodara city on Thursday, police said.
Deepa Gahlot lists Hindi biopics about Indian political leaders: Some worked, some did not, but they managed to avoid controversy.
The earnestness of the actors keep Kaala Paani from drowning, observes Deepa Gahlot.
'No small artistic film can even hope to win, except, maybe, as random tokenism,' asserts Deepa Gahlot.
The special privileges granted to private equity (PE) investors by listed companies are set to go through shareholders' test. Under new rules introduced by the Securities and Exchange Board of India (Sebi), all such arrangements will require shareholders' nod by way of special resolutions. Legal experts say arrangements that are unfair to other public shareholders may not pass the muster.
We remember some of Nitin Chandrakant Desai most influential works.
However, a lawyer representing Dabholkar's daughter claimed before the court that the CBI has not investigated the case properly and there are many loopholes that are yet to be probed.
Padhiyar, who was allegedly driving the SUV, fled after abandoning the vehicle at the spot.
An American film A Call To Spy has beaten Ketan Mehta to the finishing line.
