The case pertains to a bank guarantee of Rs 68.2 crore submitted to the Solar Energy Corporation of India Limited (SECI) on behalf of Reliance NU BESS Limited, a subsidiary of Reliance Power, a listed company, which was found to be "fake".
The plan was to expand further, add more branches and also eventually become the third bank in India to start a wholly owned subsidiary after Singapore's DBS Bank and State Bank of Mauritius, but those plans never materialised due to lack of scale and rising non-performing assets in the country.
RAND report says the market is replete with buyers, sellers & intermediaries; while rippers abound, they are regularly banned or pushed off the market.
One hopes the new Lok Sabha will mark a break from a dismal tradition -- lack of interest in defence and security policies, argues Colonel Anil A Athale.
A recent study on film piracy conducted by the Rand Corporation confirms what India has been saying for long about Dawood Ibrahim, an underworld don who is currently on the wanted list by the Interpol. The Rand study says that Ibrahim is one of the examples exemplifying the links between crime and terror around the globe.
Christine Fair, who infuriated New Delhi when she alleged that India was meddling in Balochistan, has been offered the India portfolio in the Obama administration.
Experts say Canada's allegations regarding the Indian government's involvement in the fatal shooting of Khalistan Tiger Force chief Hardeep Singh Nijjar in Canada 'could be most significant test of strength of US-India partnership since early 2000s'.
India should review its Kashmir policy for itself, not for others, C Christine Fair, senior political scientist, RAND Corporation, tells KS Manjunath.
The New York-based Rand Corporation's 182-page report, 'Film piracy, organized crime and terrorism' essentially says film piracy is increasingly becoming a way to finance terrorism.
A Rand Corporation study on the November 26 terrorist attacks on Mumbai has concluded that India will remain a target of Pakistan-based terrorism for the foreseeable future because of the inability of New Delhi and the international community to compel Islamabad to dismantle the terrorist infrastructure in that country.
In the recently released EDU-RAND 2015 rankings, IIT Delhi is at the top of the list, followed by other IITs in Kharagpur, Mumbai, Chennai, Guwahati and Kanpur.
'I don't see any relationship between them and ex-army or ex-ISI as has been happening in the past,' says strategic analyst Shuja Nawaz, who is convinced the Pakistan army and its intelligence wing, the Inter-Services Intelligence, are not complicit in the Mumbai terror attacks.
India agreed to give up the Poonch salient as well as Uri. To the north India also proposed to give up land in the Gurez sector giving the entire Neelam/Kinshanganga valley to Pakistan. In return India sought control of the post dominating Kargil town, points out Colonel Anil A Athale (retd).
According to the experts, a lot of countries have little or no faith in Chinese companies because of poor after-sales support and equipment that rapidly declines into non-functional machinery.
The Islamic State rakes in over US $1 million (Rs 6.4 crore) per day in extortion and taxation and the dreaded terror group has enough assets to cover its expenses despite falling oil prices, according to a media report.
Transition sources said Trump is close to selecting 55-year-old Tellis to be the next US envoy to India to replace Richard Verma who was appointed US Ambassador to India by outgoing President Barack Obama in 2015.
'Whatever else may or may not happen, China and its people are likely to pay a very heavy price for the lack of transparency of its Communist regime,' predicts Colonel Anil A Athale (retd).
Citibank on Wednesday joined the list of foreign banks that have exited retail banking business in India. Mumbai-based Axis Bank completed acquisition of Citigroup's consumer business for Rs 11,603 crore. Under the deal, Axis acquired consumer banking businesses of Citibank India, which includes credit cards, retail banking, wealth management and consumer loans.
'Many countries believe that if they join BRICS, they will be seen as emerging countries and their stature will be enhanced.' 'G-20 still has common action plans while BRICS does not do that much.'
'Russian diplomacy is presumably at work.' 'The ground is slippery, because "territorial sovereignty" is a hugely sensitive issue,' says Ambassador M K Bhadrakumar.
While many Western countries, including the United States, Britain and Australia, are diplomatically boycotting the Winter Olympics over China's human rights record, Putin will join a number of Beijing-friendly leaders at the Games.
Poe alleged that Taliban is still based in Pakistan and it came as no surprise when a US drone strike killed Taliban leader Mullah Mansoor.
Here's a list of the favourites of the billionaires.
Cochin Shipyard, BASF India, Ingersoll Rand, Eicher Motors, Federal Bank, and Timken India are some of the firms where voting could have got affected, sources said.
'Lingering border disputes and fierce geostrategic competition in South Asia between China and India are likely to temper any cooperation Beijing might hope to achieve with New Delhi in the SCO,' says P K Vasudeva.
In the test, a space rocket boosted a hypersonic glide vehicle, one capable of carrying a nuclear device, which circled the globe before impacting.
An interview with Kekoo Colah, executive director of Knight Frank (India) Pvt Ltd.
The horrific terrorist attack in Paris has been described as the copycat version of the 2008 Mumbai assault by security experts who believe that the incident will be a game changer for how the West looks at the threat terrorism presents to all.
In India, it is not easy to fight it out with the large banks which are nimble-footed and technology-savvy and are continuously innovating on the retail turf with newer products for customer acquisition.
The Chinese air force is now a 400,000-person force that flies some 2,000 combat aircraft -- more than thrice the size of the Indian Air Force.
The bond market expects at least 25 basis points cut in the June 6 policy.
The volume in the anonymous trading platform, NDS-OM, was Rs 7,210 crore - less than half the normal volume, but not as bad as the start of the day indicated.
The Indian regulatory framework forced Citi to hibernate -- contrary to the claim that it never sleeps!
'We rarely choose to fight when the threat is still a nascent threat. When we do fight, we fight when the invaders reach Panipat and are preparing to knock on the gates of Delhi.'
'Offensive operations to capture objectives across the LoC to eliminate terrorist launch pads and deny the use of the most dangerous routes of infiltration, are likely to be limited to brigade-level attacks.' 'These limited operations are unlikely to escalate to war across the international boundary,' says Brigadier Gurmeet Kanwal (retd).
In the light of India's increasingly 'darkening' threat environment and the convergence of strategic interests between China and Pakistan, the IAF's declining combat capabilities are a cause for concern, says Brigadier Gurmeet Kanwal (retd).
The RBI had in the past expressed its concerns about allowing foreign investors in short-term paper, because it attracted hot money.
Rajan's first few measures include swap window facility for banks to lure in NRI funds.
NBFCs are mainly dependent on funding their operation from their own cash flows.
The rupee will largely remain stable but with a mild depreciating bias in the next one year
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