While I&B Minister Manish Tewari seems desperate for the Chandigarh Lok Sabha seat, the Congress leadership is having a tough time choosing the right candidates. Anita Katyal reports
An Indian-origin former accountant has been sentenced to seven-and-a-half years' imprisonment for duping people of 100 million ($197 million) in an international scam. Shinder Singh Gangar, 46, from Leicestershire, promised clients a return of up to 160 per cent a year on money invested with him. But there was no investment scheme and the money was not invested as promised. Instead it was put into offshore bank accounts.
The PM blamed the UPA regime for the problems in the banking sector.
There is no dearth of political will today to act against corruption and officers should take action against the corrupt, however powerful, without any hesitation, Prime Minister Narendra Modi said on Monday.
CEA offers three compelling arguments in his case for privatisation of government-owned banks.
The banks used for the fraud include ING Vysya Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank, IndusInd Bank, Dhanlaxmi Bank, YES Bank and DCB Bank.
The problem here is that internal auditors are good at accounts, but they are not trained to track foreign exchange transactions
It was a multi-million rupee scam whose extent and reach are still being unravelled, so why did the chief of the scam-tainted Saradha group Sudipta Sen plead that he was unable to pay Rs 30,000 as bail fee? Where could all the money have gone? Indrani Roy finds out.
Eleven years on, while 80% of scam-hit investors have been fully compensated, more than 50% of the sum is yet to be distributed.
The fake university was set up by the DHS's investigating unit in Greater Detroit area to bust the "pay-and-stay" racket.
The mechanism would also need to have necessary safeguards to protect whistle-blowers from victimisation, while checks would also be required against any misuse of this facility aimed at encouraging directors and employees to report genuine concerns and any wrongdoings at their company.
The formidable political leader and former union minister was sentenced by a special Central Bureau of Investigation (CBI) court to five years' prison term and slapped with a fine of Rs 60 lakh during the day in connection with the embezzlement of Rs 139 crore from Doranda treasury in the fodder scam.
The venue for Saturday's meeting was shifted at the last minute from the headquarters of the India Banks' Association in Cuffe Parade to avoid media glare.
"Modi ji should apologise. There is no question of our apologising," he added.
'There is so much talk about Netflix and what they should be doing.' 'In two years, SonyLIV has done what Netflix should be doing.'
Senior Congress leader Jairam Ramesh on Saturday said he does not see a 'middle path' to end the logjam in Parliament as the Opposition's demand for a Joint Parliamentary Committee (JPC) probe into the Adani issue was 'non-negotiable' and the question of an apology over Rahul Gandhi's remarks in the United Kingdom does not arise.
Bank provides for Rs 7,178 crore, or 50 pf of the total amount of the Rs 14,356 crore scam, in the fourth quarter of 2017-18. The remaining amount will be covered in the three quarters of the current fiscal year.
'There were lots of people who told me not to go for a Gujarati serial after Scam.' 'But I went with my gut feeling.'
'Streaming will get to 100-200 million subscribers, but the journey is not as rose-tinted.'
From the voter-level, traditionally anti-BJP, anti-Hindutva minorities and other secular voters would have an option, especially in the face of the mounting anti-incumbency against the ruling party -- as it happened in the 2001 assembly polls, points out N Sathiya Moorthy.
The party said that the Delhi cricket body had become a den of corruption during Jaitley's 13-year rule.
Kumar deposed before the federal probe agency in New Delhi and the investigators are recording his statement under the provisions of the Prevention of Money Laundering Act (PMLA), they said.
While applying for an online award/ scholarship, remember to highlight your 'uniqueness'. Also, beware of scamsters.
Rajya Sabha proceedings were adjourned for the day as amid uproarious scenes with the opposition and treasury benches shouting slogans.
For the baning sector, 2018 was a 'Year of Exits' - borrowers fled from the country as loans went kaput and many bank CEOs were forced to leave
According to ED sources Sunil Mehta said the fraud took place due to "systemic failure" and "procedural lapses", owing to lack of interface or proper links between the core banking software and the SWIFT interbank messaging system.
The BJP and Congress have already launched spirited campaigns for the elections.
Feeling forced or creeped out is not only a red flag, but a strong sign of possible deception. Trust your gut!
Tharoor argued that the proposed bill represents a "grave chapter in the history of the Indian republic, seeking to ratify an ordinance that in many ways is an assault on our democratic heritage and the spirit of federalism."
The RBI was not party to the decision to demonetize 500 and 1,000-rupee notes, which was taken at the highest level of India's political leadership.
The BJP and the AIADMK are unable to sort out ideological differences, observes N Sathiya Moorthy.
Six prominent "Indian capped" players, including one who is part of the current team, are likely to face the heat for their alleged roles in fixing scandal with their names cropping up in the report filed on Monday before the Supreme Court by a committee probing the IPL betting and spot-fixing scam.
Total scam in collusion with middlemen is estimated at over Rs 700 crore. Probe is on in 10 more cases.
The rot is is not limited to Chitra Ramkrishna and the yogi, observed Debashis Basu.
A special court here on Friday allowed 'restoration' of properties worth Rs 500 crore of fugitive jeweler Nirav Modi 's firms to Punjab National Bank (PNB). This is the third such order in a span of about two weeks, with the total value of properties owned by Nirav Modi's companies being restored in this manner now standing at approximately Rs 1,000 crore.
This is one of the major corporate frauds in the country.
From the enactment of the capital control Act to the recognition of the BSE as a stock exchange and the infamous Harshad Mehta scam, here are the 18 biggest events for stock markets from 1947 to 1993.
The amounts were transferred from HDFC Bank to BoB.
FinMin finally sacked executive directors K V Brahmaji Rao and Sanjiv Sharan on January 18. The bank's board, however, had felt they had no criminal intent and it was a case of 'casual oversight'
If the Congress comes to power in the state, it will not allow his government to work, Modi claimed.
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