The problem is set to grow following issuance of 75 million new RuPay cards in the next six months with the launch of the Jan Dhan Yojana.
'Put the assets of PMC Bank and the personal assets of the HDIL promoters and head of PMC Bank in an escrow account and ring-fence it from the ad hoc action of the revenue departments and creditors,' recommends Debashis Basu.
Defence ministry tells Mumbai collector to register property only after its approval.
They took investor money via IPOs and then disappeared.
With regard to his investment in Ola, Bansal said that on the one hand, the ride-hailing major had emerged as a global force in the mobility space and on the other it continued to build deeper for various needs of a billion Indians through its platform. This is the largest funding by an individual in the app cab.
Limit your investment in cryptocurrencies and make sure you have current holdings in your own custody until regulatory cloud blows over, experts tell Sanjay Kumar Singh.
Justice Madanlal Laxmandas Tahaliyani, a retired judge of the Bombay high court, was on Monday sworn in as the new Maharashtra Lokayukta.
The apex court's decision, which was handed down in eight minutes, has dashed any hopes for the Jayalalithaa aide to become CM.
Asserting he will abide by rules, the speaker said he will take a "just decision which may be of convenience to some and inconvenience to some."
The apex court also put embargo on filing of any fresh writ petition challenging constitutional validity on abrogation of Article 370.
In the last three financial years and in the current financial year till November 15, SFIO was asked to investigate 167 cases.
The Madras High Court on Saturday recalled its controversial order directing mediation between a rapist and the victim days after the Supreme Court observed that it would be a "spectacular error" to adopt a soft approach on cases of rape and stated that there cannot be any compromise in such matters.
K Chandrasekhara Rao is using politics to highlight an administrative and judicial issue, says B Dasarath Reddy.
The Delhi high court on Tuesday set aside the election of Praful Patel, who was last year elected as the president of All India Football Federation for a four-year term, his third successive tenure.
'The web of transactions is so complex that it requires expertise to understand the strategies involved in each fraud.'
Kochhar brothers stepped down from the board of Credential Finance by 2009. While Deepak Kochhar started NuPower Renewables, Rajiv set up Avista Advisory Group
The woman said that she will consult her lawyer and decide on the next steps.
Some companies are already seeking review of the new norms.
Suspended BJP MP Kirti Azad targeted more politicians, including party MP and BCCI secretary Anurag Thakur, involved in cricket governance.
"There is no other alternative to seek presence of Shri Justice C S Karnan. We issue bailable warrants of the sum of Rs 10,000 in the nature of personal bond to the satisfaction of the arresting officer," a seven-judge bench headed by Chief Justice J S Khehar said.
'The government believes there is still significant scope to bring more people under the tax net and collect the right amount of taxes, in cases where taxpayers are underpaying,' says Kuldip Kumar, partner and leader personal tax, PwC.
The Allahabad high court on Friday "partly allowed" a plea of Rajesh and Nupur Talwar and directed the Central Bureau of Investigation to bring on record report of their narco tests and asked the trial court to summon some witnesses in the Aarushi-Hemraj murder case.
The Centre on Saturday invited applications for appointment to the post of chairperson and members of the anti-graft watchdog, Lokpal.
The petition will come up for hearing on Tuesday.
In a further escalation of the confrontation between the Congress and the government, the opposition party claimed that a committee constituted by the Delhi government has found 'gross financial irregularities' in the DDCA during that period.
The SC said that the woman law student did not want to go to her home state Uttar Pradesh.
'The majority community needs to accept that the Indian Muslim is peace loving, not communal and treat them accordingly.'
Apart from the chief minister and deputy chief minister, 13 cabinet and 10 ministers of state were allocated portfolios.
As many as 128 companies, which had vanished after raising funds from public, have been traced and are on the government's watch list, while another 32 such companies are undergoing a process of liquidation.
The three promoters - Anil Kumar Sharma, Ajay Kumar and Shiv Priya - had diverted Rs 1,500-1,600 crore through bogus methods like loans and advances between group firms at inflated rates.
Move aimed at giving more headroom to foreign investors.
NRC State Coordinator Prateek Hajela said those people whose names have been excluded in the first list need not worry.
The news of Bengaluru-based IMA cheating thousands once again underlines the need for investors to steer clear of unregulated deposit schemes. The most important sign of a Ponzi scheme is the promise of exorbitant returns and so investors must ask how the promoter expects to earn the kind of return he is promising, says Sanjay Kumar Singh.
It turned out that Indrani, who was wearing the Navratri Day 2 green, was fasting for the festival. That caused the impish CBI prosecutor Badami to ask her police detail, "looking for salvation?".
Justice Karnan in his response, alleged discrimination and 'social boycott' by companion judges on various grounds including his caste.
The Income Tax department has issued notice to a firm owned by Robert Vadra as part of its probe to understand the "financial structure" of the company and real estate projects undertaken by it.
Investigation to be over by weekend, Mumbai police EOW to lodge FIR thereafter.
In a three-page complaint submitted to the Additional Chief Judicial Magistrate in Kochi, second accused Saritha Nair put the blame for the fraudulent dealings on the first accused Biju Radhakrishnan and actress Shalu Menon while stating that associating her name with politicians and ministers was incorrect.
Take a look at the 10 biggest IT deals ever.
'When a newspaper says that Karnataka leads in corruption, one must also know it means Karnataka leads in patronising corruption.' 'You can't be corrupt without me succumbing to your corruption.'
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