The probe agency found irregularities in loans amounting Rs 3,642 crore sanctioned by Yes Bank to the travel firm.
Foreign Investment Promotion Board is understood to have deferred, two weeks, any decision on NDTV's proposal to offer 34.28 lakh fresh equity shares, aggregating Rs 52.88 crore.
"We won't shift the search area as this was confirmed by our experts based on the drift patterns of the recovered debris," Transport Minister Liow Tiong Lai said.
The Chagos Islanders were forcibly expelled from their homes and dumped in Mauritius and Seychelles almost 50 years ago when their remote islands acquired a strategic importance during the cold war era. The Permanent Court of Arbitration has now given a ruling rejecting a claim by the British government that the court did not have jurisdiction in the matter.
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.
The minimum threshold to come under GAAR will be Rs 3 crore.
The case is related to the alleged irregularities in granting clearance by the Foreign Investment Promotion Board to INX Media, once owned by Peter and Indrani Mukherjea, for receiving overseas funds to the tune of Rs 305 crore.
The senior Congress leader's role has come under the scanner of investigating agencies in the Rs 3,500-crore Aircel-Maxis deal and the INX Media case involving Rs 305 crore.
The Jardine Fleming India Fund said on Tuesday that directors have decided again presenting shareholders with a proposal to liquidate the fund.
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After taking over as Britain's prime minister, Theresa May has joined a small but growing band of female world leaders.
ICICI Venture denied the allegations, noting it had extended the lifespan of the Dynamic India Fund III by three years
It could be a matter of concern that foreign shareholders of the NSE are registered in tax havens such as Mauritius and Cyprus.
A senior executive of GMR group confirmed that both the companies were keen to get out of the venture. Fraport has already closed its development office in India.
Singapore has emerged as the most sought after destination for foreign direct investment by Indian companies, who invested over USD 500 million there in May.
International telcos such as Russia's Sistema and Norway's Telenor and foreign investment funds such as KAIF Investments Mauritius and Capital Global Ltd (investors in Loop Telecom) have sent legal notices to the Indian government under the respective Bilateral Investment Promotion & Protection Agreement or Comprehensive Economic Cooperation Agreement.
Eminent Indian-origin academician Srikant Datar has been named as Dean of Harvard Business School, succeeding Nitin Nohria and becoming the second consecutive dean hailing from India to lead the prestigious 112-year-old institution. Datar, an alumnus of University of Bombay and Indian Institute of Management, Ahmedabad, is the Arthur Lowes Dickinson Professor of Business Administration and the senior associate dean for University Affairs at Harvard Business School (HBS). He will assume charge as the school's next dean on January 1, president Larry Bacow said.
Though the Union HRD ministry has vehemently denied that Shevgaonkar resigned under government pressure, some allege that this is yet another example of the government exercising its influence over educational institutions
This warrant will be sent to the ministry of external affairs which in turn will be sending it to the United Kingdom
The Bollywood star unveiled the latest Kingfisher edition as bikini bombshells looked on. Take a look!
Satwik Rankireddy and Chirag Shetty claimed India's first ever medal in men's doubles after settling for a silver at the 21st Commonwealth Games' badminton competition, in Gold Coast, on Sunday.
Chidambaram and his son Karti were named in the chargesheet filed by the Central Bureau of Investigation in the case on July 19.
Dismissing the charges levelled against him by Rajasthan Bharatiya Janata Party chief Ashok Parnami as "baseless", former Chief Minister Ashok Gehlot's son Vaibhav today dared him to come up with factual details.
The monotony is awfully exhausting and drab in the absence of script, craft and nerve-racking unpredictability, feels Sukanya Verma.
Daughter of former deputy PM late Jagjivan Ram, Kumar, 72, was also the first woman to occupy the high office of the LS speaker
Says action taken following Supreme Court order, not because of government decision
The ED said that Chidambaram has remained evasive and therefore grant of pre-arrest bail at this stage would be highly detrimental to the investigation.
The vessel is slated to be the platform for the first Indian all-women global circumnavigation by the Indian Navy to begin in August.
Acting on a Central Bureau of Investigation's plea, a special CBI court has issued judicial requests to four countries seeking details of the money trail in the Aircel-Maxis deal, in which former telecom minister Dayanidhi Maran is an accused. The Letters Rogatory to the United Kingdom, Bermuda, Malaysia and Mauritius were issued by a Patiala House court last week in the case. The CBI has alleged that Maran had received Rs 547 crore as kickbacks.
Confusion over India's new tax rules, slow rate cuts, and a weakening rupee could create a stock-picking environment.
Tomy has now been shifted to INHS Kalyani, the naval hospital of Eastern Naval Command, for observation and medical assistance as required.
Billionaire Gautam Adani's Adani group on Monday said it has reached an agreement to acquire GVK group's shareholding and control of Mumbai airport.
India, in particular, has suffered from the flow of illegal funds to tax havens such as Mauritius, Switzerland, Lichtenstein, British Virgin islands etc.
The rupee slid as low as 53.84 per dollar, the weakest since December 15, lifting the cost of imported oil, fueling inflation and reduce scope to cut interest rates.
Acquisition is expected to be completed by mid-December.
The five-day exercise will see the participation of Seychelles and Mauritius for the first time in the event where nine countries, including India, will field their warships, Navy officials said in New Delhi.
In a filing to the BSE, Maruti Suzuki India said HSBC Global Investments Fund Mauritius Ltd had sold 1,99,198 shares in the open market on June 29.
Hong Kong has the highest level of economic freedom worldwide
On Tuesday, the rupee lost 9 paise to close at 66.67 against the US dollar.
