Known for weighing his options carefully before making any move, Kumar, upon a closer look, comes across as a risk taker who has not shied away from going against the tide.
Firestar Diamond, which on its website states that its operations span the US, Europe, the Middle East, the Far East and India, blamed liquidity and supply chain challenges.
A meeting of Joint Parliamentary Committee examining 2G scam on Tuesday saw heated exchanges as Bharatiya Janata Party members demanded summoning of Prime Minister Manmohan Singh and top PMO officials which was countered by Congress members with their own list of witnesses that included all National Democratic Alliance telecom ministers.
Known for weighing his options carefully before making any move, Kumar, upon a closer look, comes across as a risk taker who has not shied away from going against the tide.
Stalin owes his victory this time, like in 2019, to the hate-campaign of the local Hindutva forces, which kept haranguing him, and even his dead father, notes N Sathiya Moorthy.
The jewellers and companies linked to Nirav Modi and Mehul Choksi had allegedly colluded with PNB officers to obtain fake bank guarantees to get loan from overseas branches of Indian banks including Allahabad Bank, Axis Bank and UCO Bank.
Majority of the Indian Olympic Association's top brass was unreachable after the Sports Ministry decided to suspend the national Olympic body for appointing the scam-tainted Suresh Kalmadi and Abhay Singh Chautala as its life-presidents.
Hockey India on Thursday strongly opposed the Indian Olympic Association's controversial decision to make scam-tainted Suresh Kalmadi and Abhay Singh Chautala its life presidents.
ICAI has also imposed a fine of Rs 5 lakh on each of the three accused in Satyam case.
Reserve Bank carried out the investigation and noted the deficiencies which were reflective of weaknesses and failures in internal control mechanisms
A group of prominent personalities, including industrialists Azim Premji, Keshub Mahindra and Deepak Parekh, have expressed concern over a series of scams leading to 'governance deficit', but said that national challenges like fighting corruption cannot be solved by urban protests and posturing.
The Enforcement Directorate arrested Yes Bank founder Rana Kapoor under money-laundering charges in Mumbai in the early hours of Sunday, officials said. The banker was held under the provision of the Prevention of Money Laundering Act (PMLA) around 3 am as he was allegedly not cooperating in the probe, they said.
A scam-tainted Suresh Kalmadi escaped the International Olympic Committee's wrath by deciding to 'suspend' himself as IOA President, according to a top IOA official.
Tax sleuths have detected over Rs 52 crore of unexplained cash in jewellers' bank accounts
The government has received flak for allegedly shielding the corrupt ministers and slow pace of investigation in irrigation scam.
'Why should the accused in scams visit the CBI chief so frequently?'
It is alleged that Cambridge Analytica received data from Global Science Research which employed 'illegal means' of personal data harvesting of Indians using Facebook, they said.
Pakistan international spinner Danish Kaneria was named in court on Friday as being involved in a spot-fixing scam that led to the trial of a former English county cricketer, AFP reports.
The Supreme Court judgement on the telecom scam raises many questions.
Former captain Butt, 27, and opening bowlers Asif, 28, and 19-year-old Mohammad Amir, who had already admitted his part in the scam, plotted to bowl deliberate no-balls at pre-arranged times during the Lord's Test in August last year.
A government report revealed that fake companies floated with fake addresses, issued fake GST invoices and generated fake e-way bills, with fake vehicle registration details without supplying any goods causing huge loss to the exchequer.
The prime minister witnessed the protests when he travelled to the Raj Bhavan in Guwahati, where he will spend the night, from Lokopriya Gopinath Bordoloi International Airport.
Finance Minister Pranab Mukherjee is cutting short his visit to Washington and rushing to New York to meet Prime Minister Manmohan Singh, amid a storm back home over his ministry's note to the prime ministers on the 2G scam.
Aseem Chhabra watched some great films and some huge disappointments in 2020.
Facing a severe backlash for appointing scam-tainted Suresh Kalmadi and Abhay Singh Chautala as life presidents, the Indian Olympic Association has been forced to revoke its controversial decision.
Admitting that inflation posed a serious threat to the growth momentum affecting the poor and vulnerable sections, Prime Minister Manmohan Singh on Friday favoured waiving mandi, octroi and local taxes, which impede the smooth movement of essential commodities.
Charges against Raju and others include criminal conspiracy and forgery.
PricewaterhouseCoopers was Satyam's statutory auditor when the company's founder, B Ramalinga Raju, confessed to a massive accounting fraud in January 2009.
Experts say, auditors must not allow themselves to be intimidated by the client management into conducting audits by conversation. It is important for auditors to conduct proper interviews and ask probing and searching questions.
The bank also issued 234 LoUs worth Rs 1,880 crore to another group of companies promoted by Mehul Choksi in 2015 and 2016
Raju was arrested by the Crime Investigation Department of Andhra Pradesh Police two days later along with his brother.
Life Insurance Corporation (LIC) of India, which is conducting an internal probe into the bribe-for-loan scam that surfaced at LIC Housing Finance (LICHF) in November, has not detected any aberration as yet.
The ministry holds about 1.73 million acre of land.
With his government under attack over various scams, Prime Minister Manmohan Singh on Friday spoke out against corruption, saying that it strikes at the roots of good governance, dents the country's international image and "demeans us before our own people".
Banerjee while briefing the media on the meeting said, "We will play an aggressive role in Parliament. We are ready to go to jail but will not bow our heads."
For a party that has adopted the successful social re-engineering model from Gujarat, Rajasthan and across the rest of the 'Hindi belt' over the past decades, Tamil Nadu continues to remain a tricky customer, says N Sathiya Moorthy.
After the shattering defeat in the general elections last year, the Bharatiya Janata Party appeared to have found its feet in 2010, putting behind internal bickerings and getting its act right in Parliament, but problems with its government in Karnataka stuck out like a sore thumb.
Former India captain Rahul Dravid has called for a "thorough and comprehensive" investigation into the spot-fixing scam and said the current scandal is "cricket biggest chance to clean itself".
Former India captain Sourav Ganguly on Thursday said the International Cricket Council (ICC) is not a policing body and the cricketers themselves should have responsibility towards the game.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances