Capital markets regulator Sebi on Wednesday said it will auction 27 properties of Rose Valley group of companies on November 25 at a reserve price of Rs 63.26 crore in a bid to recover money raised by the firm from the public through illicit schemes. The properties to go under the hammer include flats, buildings, land parcels and hotels located in West Bengal and Bihar, the Securities and Exchange Board of India (Sebi) said in a notice. The e-auction will be conducted on November 25 between 11 am to 1 pm.
A Congress member in Public Accounts Committee on Friday suggested calling former head of Commonwealth Games Organising Committee Suresh Kalmadi before the Parliamentary panel examining CAG report on games irregularities, but its chairman and BJP leader Murli Manohar Joshi seemed disinclined.
With the Public Accounts Committee of Parliament on a questioning spree in 2G spectrum scam case, it has not gone down well with Joint Parliamentary Committee chairman PC Chacko who feels that the PAC has gone beyond its mandate, and wants a 'conflict' to be avoided. Chacko underlined that the PAC's mandate was limited to looking into accounting irregularities in the 2G spectrum allocation as highlighted by the comptroller and auditor general, and it should not give an impres
Will allowing business correspondents to hawk insurance products help in reviving 5-lakh strong field agents as a viable channel?
United States President-elect Donald Trump on Tuesday announced the nomination of popular Fox News host and Army veteran Pete Hegseth, 44, as his defence secretary.
Even as Bharatiya Janata Party MPs are boycotting the Joint Parliamentary Committee looking into the 2G spectrum scam, the panel's chairman P C Chacko has ruled out summoning of Prime Minister Manmohan Singh.
'I had sought help but did not receive any support. Nobody was there.'
In the first objection from within Congress, Finance Minister Pranab Mukherjee on Sunday said he is not in favour of Prime Minister Dr Manmohan Singh appearing before the Public Accounts Committee on the 2G spectrum issue as he was accountable to the Lok Sabha and "not to any committee".
Senior Bharatiya Janata Party leader Dr Murli Manohar Joshi indicated that he will not be taking up the 2G spectrum scam in the Public Accounts Committee meeting to be held next week.
With the 2G spectrum issue getting caught in a logjam in the Joint Parliamentary Committee, the Bharatiya Janata Party on Friday sought to bring the matter to the forefront of Parliament's Public Accounts Committee, saying the matter is pending and should be disposed of.
As a controversy rages over the draft report by the Public Accounts Committee on the 2G scam, Parliamentary experts are unanimous that recommendations of a Parliamentary committee has to be accepted or at least "taken seriously" by the government.According to constitutional and parliamentary experts, though the PAC is a recommendatory body, reports of which are not legally binding, traditionally the government has accepted most of the reports submitted by it.
Eleven members of Parliament, including one each from Samajwadi Party and Bahujan Samaj Party, on Thursday demanded rejection of the draft Public Accounts Committee report on the 2G scam, which has indicted former Telecom minister A Raja and made critical observations about Prime Minister Manmohan Singh and Finance minister P Chidambaram.
Radia, whose tapped phone conversations with politicians, corporates, bureaucrats, and journalists form a key part of the investigations into the 2G spectrum scam.
Parliament's Public Accounts Committee on Thursday decided to examine the four latest reports of the CAG, including the one on coal block allocation, which are critical of the government.
Noted journalist J Gopikrishan, who broke the 2G spectrum scam on December 11, 2008, has been asked to appear before the Public Accounts Committee on March 8, to assist the committee in its investigations.
The turf war over 2G Scam inquiry has refused to die down with the Joint Parliamentary Committee planning to discuss on Thursday whether the Public Accounts Committee, chaired by senior Bharatiya Janata Party leader Murli Manohar Joshi, has gone beyond its mandate.
Dr Murali Manohar Joshi, chairman of the Public Accounts Committee, has said that the constitution of a Joint Parliamentary Committee to probe the 2G spectrum scam would in no way hamper the job of the PAC that is investigating the massive scam right now.He was reacting to the statement made by Finance Minister Pranab Mukherjee that once the JPC was announced, the ongoing probe by PAC will amount to duplication of work.
Dr Murali Manohar Joshi, chairman of the Public Accounts Committee, told newsmen that the claim made by Kapil Sibal, who holds temporary charge of telecom ministry was contradicted by Central Bureau of Investigation director A P Singh, who appeared before the committee in Parliament.
'Gyanendra back on the throne would be bad news for the Nepali people. He may not have learnt from his experience, but we have.'
Senior Bharatiya Janata Party leader Murli Manohar Joshi who heads the Public Accounts Committee in Parliament has said that the prime minister's offer to depose before the committee is being considered. Joshi said that the Comptroller and Auditor General Vinod Rai had not been summoned, but was a partt of the committee's proceedings.
BJP President Nitin Gadkari tells Gyan Varma that there is no disagreement within the party over the issue of a Joint Parliamentary Committee probe into the 2G Spectrum scam.
In an interesting turn of events, the Public Accounts Committee Chairman Murli Manohar Joshi summoned two senior editors of newsweeklies to depose before the PAC in connection to the 2G spectrum scam. Vinod Mehta and Manu Joseph, editors of Outlook and Open Magazine respectively were interrogated about the transcripts of the phone conversations that corporate lobbyist Niira Radia had with others, which were carried in their publications.
Joshi was again nominated by his party following which Lok Sabha Speaker Meira Kumar has reappointed him as chairman of PAC which is responsible for conducting the financial audit of various departments and ministries.
The Bharatiya Janata Party on Wednesday took its grievances against Prime Minister Manmohan Singh and Congress-led United Progressive Alliance to President Pranab Mukherjee, demanding his intervention on the coal allocation issue and attacks on a constitutional institution like the Comptroller and Auditor General.
On a day when the Joint Parliamentary Committee into the 2G scam was set up, the Public Accounts Committee Chairman Murli Manohar Joshi said his panel has every authority to ask Prime Minister Manmohan Singh to appear before it.
Slamming the Defence Ministry over the nine-year delay in awarding contract to French firm Thales to build six Scorpene submarines in Mumbai, a Parliamentary Committee on Wednesday said the indecisiveness resulted in cost overruns and undue favour to the vendor, besides adversely impacting Navy's operational preparedness.
The finance ministry on Friday informed a parliamentary committee that smuggling of fake currency has totally stopped post demonetisation and the tax department has seized Rs 515 crore in cash, including Rs 114 crore of new currency notes, up to January 10.
The Public Accounts Committee of Parliament has sent to the Telecom Ministry, a volley of questions including why views of the Finance Ministry, Law Ministry and even the Prime Minister were ignored when taking decisions on allocation of spectrum in 2008.
BJP deputy leader in the Lok Sabha Gopinath Munde has been appointed Chairman of Parliament's Public Accounts Committee (PAC), a post vacated by expelled BJP leader Jaswant Singh.
The allocations followed two stages.
Parliamentary Affairs Minister Pawan Kumar Bansal on Saturday said Public Accounts Committee chairman Murli Manohar Joshi had no right to submit the draft report on the 2G scam to Lok Sabha Speaker Meira Kumar as it was 'rejected' by a majority of the committee's members.
Congress spokesperson Manish Tiwari hit out at Public Accounts Committee chairman Dr Murli Manohar Joshi on Friday, for not taking the members of the committee in confidence before the scheduled meeting on Thursday, and for trying to push his report.
Though the 2G scam may be revolving around A Raja, Parliament's Public Accounts Committee chief M M Joshi has rejected demands from some members for calling the former telecom minister who is in jail. Joshi has argued that calling Raja would involve long processes as he in judicial custody and that there are enough records and witness statements to "draw conclusions".
Standing firmly behind Public Accounts Committee Chairperson Murli Manohar Joshi against the onslaught by Congress and Dravida Munnettra Kazhagam members, the Bharatiyas Janata Party on Thursday alleged that these were "calculated, deliberate and sponsored" attacks by the ruling coalition to stall the investigation into 2G scam.
Queen Elizabeth II's household finances are at a "historic low" with just 1 million pounds left in reserve, even as the royal palaces were "crumbling" and in urgent need of repair.
It is time for the administration to wake up from 'deep slumber' and take appropriate steps to address the condition of Delhi's coaching centres, the Delhi high court has said, while granting interim bail till November 30 to four co-owners of the basement of an Old Rajinder Nagar building that housed a coaching centre where three civil services aspirants drowned in July.
Attorney General Goolam Vahanvati and Law Secretary D R Meena have been called by Parliament's Public Accounts Committee to give evidence in its probe into the 2G spectrum allocation scam.The committee, which has also called Cabinet Secretary K M Chandrasekhar, Principal Secretary in Prime Minister's Office T K A Nair and Central Bureau of Investigation Director A P Singh, have asked all of them to depose before it on April 15-16.
Comptroller and Auditor General Vinod Rai has asked Public Accounts Committee Chairman Murli Manohar Joshi for permission to react to Telecom Minister Kapil Sibal\\'s open attack on him over the 2G report, according to sources.
The Bharatiya Janata Party on Tuesday said Murli Manohar Joshi will continue as chairman of Parliament's Public Accounts Committee for 2011-12, currently looking into anomalies in the 2G spectrum scam, as he is doing a "good job".
The Public Accounts Committee of Goa assembly has recommended an enquiry by Central Bureau of Investigation or the lokayukta against all those indicted by it in the illegal mining cases.
