26 chartered accountants associated with such shell companies have also been identified
The multinational oil firm, however, is required to furnish a Rs 500 crore bank guarantee to the government.
As many as 14 Maoists were killed in an encounter with security personnel in Chhattisgarh's Bastar region on Friday, a senior police official said. However, ANI has put the toll at 30.
One of the most stylish batters, Rahul admitted that in his younger days he often tried to be something he was not.
The syndicate used "stooge" bank accounts and shell companies to transfer the largest amount linked to a single case recorded in the city, the Customs and Excise Department of Hong Kong said.
'The die is cast. The wave is for her.' 'We will win this. The numbers are going to be higher than people are saying.' 'It is going to be more closer to Obama's numbers than Biden's numbers.'
Villagers at the forefront of Pakistani firing say they feel like being in a war zone amid sounds of falling mortar bombs and rattle of automatic weapons and have appealed to the government to ask the neighbouring country to end the tension.
The tourists had risked a defeat inside three days after India, having built a lead of 190, reduced England to 163-5 in their second innings in the second session of the day.
The Bharatiya Janata Party on Saturday returned to power in Delhi after more than 26 years to sweep away the Arvind Kejriwal-led Aam Aadmi Party with a two-thirds majority on the back of a hyper localised campaign and Prime Minister Narendra Modi's 'AAP-da'(disaster) blitzkrieg.
Mayank Yadav should be on the plane to Australia if Mohammed Shami is not available for selection, asserted Brett Lee, one of the most destructive fast bowlers of all time, who has high hopes from the Indian pace sensation on the true, bouncy wickets Down Under.
Urals and Sokol accounted for every 4 out of 5 barrels of Russian supplies to India last year.
The Securities and Exchange Board of India (Sebi) has intervened in the matter concerning alleged irregularities by Trafiksol ITS Technologies, which had come out with a Rs 45 crore initial public offering (IPO) last month. In an ex-parte order, the market regulator has said it will undertake a detailed examination into the disclosures made by the small and medium enterprise (SME) company in its draft offer document. BSE had halted the listing of Trafiksol, a software provider for traffic systems, amid complaints around use of the issue proceeds and wrongful disclosures.
Amazon India has witnessed an 84 per cent year-on-year (Y-o-Y) increase in sales of hallmarked gold jewellery and posted a 5-fold spike in demand during the first two days of its ongoing Amazon Great Indian Festival (AGIF) sale event, which started on September 27. This demand is for brands such as Malabar Gold and Diamonds, PN Gadgil Jewellers, Joyalukkas, PC Chandra and KISNA, among others. According to current trends, customers buy fine jewellery starting at Rs 2,000 in the silver category and shell out up to Rs 40,000 for gold and diamond jewellery. In the last year, Amazon has seen more customers opt for 14 Karat purity.
According to reports, Rinson Jose is the founder of Bulgaria-based firm which had facilitated the sale of the pagers to Hezbollah.
Pakistani Rangers on Thursday indulged in heavy firing and mortar shelling on five border outposts and some villages in Jammu district which left four persons injured, a day after a woman was killed in the ceasefire violations prompting India to lodge protest with Pakistan.
In Nashik, around 200km from Mumbai, two groups clashed during a bandh called by the Sakal Hindu Samaj in protest against atrocities on minority community members in the neighbouring country, leading to tension in the Bhadrakali area, where police lobbed tear gas shells to disperse the crowd.
Motorists using expressways will have to shell out more from Monday as the National Highways Authority of India (NHAI) has decided to hike tolls across the country by an average of 5 per cent. The annual revision of highway user fee, which is expected to be in the range of average 5 per cent, was earlier to come into effect on April 1. But the hike was deferred due to the Lok Sabha elections.
The central probe agency that began action against the banker by raiding his upscale residence in south Mumbai on Friday is primarily investigating Kapoor, his wife and three daughters over a Rs 600 crore fund received by a firm allegedly "controlled" by them from an entity linked to the scam-hit Dewan Housing Finance Limited.
Global oil and gas majors Shell and ConocoPhillips have offered to sell Australian liquefied natural gas to India to meeting its growing energy needs, petroleum secretary S C Tripathi said on Monday.
In the Union Budget for Financial Year 2023-24 (FY24), Finance Minister Nirmala Sitharaman had held forth on the need for better governance and investor protection in the banking sector. She had proposed certain amendments to the Reserve Bank of India Act (RBI Act), 1934; the Banking Regulation Act (BR Act), 1949; and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.
Before the IPL Auction 2025, Rediff.com delves into the top 10 most expensive players in IPL history, exploring their impact on the game and the factors that have made them so valuable.
Terming the 23.9 per cent fall in economic growth in the June quarter alarming, former Reserve Bank Governor Raghuram Rajan has said bureaucracy should come out of complacency and take meaningful action. The current crisis requires a more thoughtful and active government, he said, adding, "Unfortunately, after an initial burst of activity, it seems to have retreated into a shell."
Unprovoked firing by Pakistan Rangers has marred dozens of weddings in villages along the International Border in Jammu with many forced to make last-minute changes to some rituals as well.
'Somebody was using somebody to make statements that will stir the stock market and lead to a surge.' 'A sudden surge and a sudden crash is always an ideal situation for people to make illicit gains and then siphoning off the money.'
A Bangladeshi court on Tuesday denied bail to prominent Hindu leader Chinmoy Krishna Das Brahmachari, arrested on alleged 'sedition' charges, and sent him to prison, amid protests by community members in the capital Dhaka and the port city of Chattogram.
The firing and mortar shelling continued night long in several sectors of Poonch and Rajouri districts.
Rishabh Pant released by DC, Heinrich Klaasen pips Virat Kohli in retention price
The California walnuts shipped from the US to India have seen a sharp uptick with imports more than doubling from September to November against the same period last year. This comes after New Delhi removed its retaliatory customs tariffs on the key dry fruit. Two days ahead of US President Joe Biden's visit to New Delhi to attend the G20 Summit on September 9-10, India dropped additional customs duties on about half a dozen US goods that were imposed in 2019 in response to America raising tariffs on certain steel and aluminum products coming from India.
Global supermajor BP Plc's exclusivity with Reliance Industries Ltd has ended but the energy giant will continue to pursue oil and gas as well as mobility ventures in India with the Mukesh Ambani firm owing to an unwritten strategic partnership, BP's outgoing India head Sashi Mukundan said. BP in 2011 spent $7.2 billion to acquire 30 per cent interest in 23 oil and gas blocks of Reliance. Eastern offshore KG-D6 block was the cornerstone of the deal that also provided for a 10-year exclusivity period which meant that BP would take up energy projects or investments in India only in partnership with Reliance.
A survivalist's mindset sees Indian batsmen fail again on the first day of the SCG Test.
Visiting Varanasi for Dev Deepavali should be on your bucket list.
As many as 47 people, including 20 security personnel, have been killed and over 130 injured in the R S Pura sector in Pakistan shelling and firing this year.
Take this fun poll. Let us know how you will spend the money you would have spent on buying the Coldplay tickets if you decided not to go for the concert.
The bids on Rishabh Pant could well soar like his audacious no-look six in the ongoing Perth Test, as he seems poised to become the highest paid player among the 577 who will go under the hammer at the two-day IPL mega auction, starting in Jeddah on Sunday.
Authorities claimed that a share sale by the company to its overseas parent in 2009 was undervalued by about Rs 15,200 crore.
rediffGURU Dr Ashish Sehgal counsels individuals on how to resolve conflicts and prioritise mental wellbeing.
