The defence ministry has put on hold all existing and future deals with Rolls Royce pending a CBI probe ordered into allegations of bribery and engaging middlemen in contracts worth Rs 10,000 crore for supply of aircraft engines to state-owned HAL.
A preliminary report on the investigations is likely to be submitted soon by SFIO, but the final report may take little longer, Corporate Affairs Minister Sachin Pilot said.
'Was Salman Khan the only reason for the success of a film?'
Liquor baron Vijay Mallya's passport has been suspended.
Adani Group stocks have taken a beating on the bourses after Hindenburg Research made a litany of allegations in its report, including fraudulent transactions and share price manipulation at the Gautam Adani-led group.
26 chartered accountants associated with such shell companies have also been identified
The development brings to an end the legal battle unleashed by President Donald Trump against the elections, which he lost both in terms of the popular vote as well as the majority in the 538-member electoral college.
A SFIO probe into Saradha scam and 'chit fund' operations of 62 other entities has found serious financial mismanagement and siphoning off the funds by their promoters, who took advantage of regulatory gaps.
Finance Minister Arun Jaitley said the magnitude of the alleged black money transfer through state-owned BoB will only be known after completion of the multi-disciplinary probe.
'I suspect the recovery that the banks are going to get out of this IBC is not going to be more than 30 per cent.' 'If you leave the steel industry aside, the recovery rates are not looking very, very healthy,' Jairam Ramesh tells the Rajya Sabha.
Indian-American filmmaker Dinesh D'Souza, who had made a documentary on US President Barack Obama, has been indicted on charges of violating federal campaign finance laws.
'The web of transactions is so complex that it requires expertise to understand the strategies involved in each fraud.'
Sepp Blatter was re-elected president of FIFA for a fifth term on Friday after the only other candidate conceded defeat after a first round of voting in an election overshadowed by allegations of corruption in world soccer.Sepp Blatter was re-elected president of FIFA for a fifth term on Friday after the only other candidate conceded defeat after a first round of voting in an election overshadowed by allegations of corruption in world soccer. Blatter's victory came despite demands that he quit in the face of a major bribery scandal being investigated by U.S., Swiss and other law enforcement agencies that plunged the world soccer body into the worst crisis in its 111-year history. Neither Blatter nor Jordanian challenger Prince Ali bin Al Hussein got the necessary two thirds of the vote in the first round, with Blatter on 133 and Prince Ali on 73. Prince Ali later conceded. In a victory speech, Blatter declared: "Let's go FIFA, let's go FIFA," to a standing ovation. Speaking just before the vote, Blatter, who joined FIFA in 1975, said he felt that he had only been with the organisation for a short time and wanted to stay longer. "What is time anyway. I find that the time I have spent at FIFA is very short," he said. "The more one ages the more time flies by quickly. I am with you, and I would like to stay with you," he said to applause.
The private college and hospital has been in the thick of controversy following irregularities and fraud, raising questions on why the Chhattisgarh government wants to acquire the debt-ridden institution by paying double the amount of its valuation.
He has refused to concede the election, while the mainstream US media has declared 77-year-old Democratic presidential candidate Joe Biden as the winner, who is now the President-elect.
Hours after Bharatiya Janata Party MP Kirti Azad's twitter posts crossed the limits of propriety when he seemed to address Finance Minister Arun Jaitley as a napunsak (eunuch), the cricketer-turned-politician denied making the statement and revealed that his profile had been hacked.
NCLT allows Shivinder to withdraw petition against his brother Malvinder. Final decision to be taken by family members in their presence.
The investigating agency wants to ascertain the actual purpose of the deal.
Sebi's main contention against brokers is that the NSEL was offering paired contracts and they were forward contracts, which were "illegal".
Funeral and cycles allowances have been retained and revised.
'There is an bligation on Finance Minister and Prime Minister to take the country into confidence'.
MCA portal clocks 5 mn views in 8 months; ministry to integrate company records portal with DGFT, I-T dept this year
Indian diplomat Devyani Khobragade has asked a court in New York to dismiss the indictment against her and terminate any 'open' arrest warrants in the visa fraud case, arguing that she was 'cloaked' in diplomatic immunity and cannot face criminal prosecution in the United States
Her corporate footprint is fading fast.
The bids have been invited by Sebi till October 27, while auction for the sale would take place on October 30
'Quite a few notices have been issued in both black money and benami transactions.'
Former India captain Bishan Singh Bedi announced his candidature against Arun Jaitley for the post of the Delhi & Districts Cricket Association (DDCA) president in the upcoming association elections scheduled for December 30.
The agency, which looks into white collar crimes and violations of companies law, investigated more than 60 companies in this regard.
The Supreme Court has asked the CBI to place before it the "files and notings" which purportedly suggest that its Director Ranjit Sinha wants stopping of whole trial against Reliance Telecom Ltd (RTL) and three top executives of the Reliance ADAG, who are accused in the 2G spectrum scam case.
"The truth is out. The report does not name Jaitley. There is no allegation against him, there is no indication (of wrong doing). The Delhi chief minister, we believe, should apologise to Jaitley for his allegations... he should publicly apologise," said MJ Akbar.
The party said that the Delhi cricket body had become a den of corruption during Jaitley's 13-year rule.
The CBI also told the court that it has sought Interpol's help in seeking access to overseas bank accounts of the Mukerjeas
Mumbai-based Dream11, which is run by Sporta Technologies Private Limited, reported a profit of Rs 181 crore (Rs 1.81 billion) in FY2020, making it one of the few Indian consumer-tech unicorns to have turned profitable.
Perhaps the way forward could be the introduction of uniform rating standards - on the lines of accounting standards for the accounting profession - with a separate regulating authority for enforcing those standards, says Sudipto Dey.
Sebi has also been asked to put in place a mechanism to monitor the beneficial owner of P-notes
According to sources in the agency, the counsel had been briefed about its stand which includes informing the apex court about 'certain moles' in the probe agency who were providing documents to people outside.
Is this a classic case of throwing the baby out with the bath water?
The investigation, which was opened on Oct. 1, is being handled by the French police's Central Service of Races and Games (SSCJ).
About Rs 5,600 crore (Rs 56 billion) of investments of some 13,000 investors are stuck in NSEL. Despite reports from several internal committees of regulators and investigative agencies pointing to fraudulent activities, there hasn't been any substantial enforcement action against the exchange or the officials.
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