Market regulator Sebi has imposed a penalty of Rs 30 lakh on Sunil Kumar Mehta for indulging in fraudulent trading in shares of Asian Star Company Ltd (ASCL).
It's not as easy to know how the funds were deployed and gauge the impact.
Bankers say there is palpable fear among erring promoters that the banking system just cannot be taken for granted, and any delay in loan repayment could mean promoters losing business
'The auctions were necessary up to a point, but now the time has come where continuity is very, very, important.'
Bollywood producers and other star celebs turned out in full force for Producer Jayantilal Gada's son Aksshay's wedding reception.
The Filmfare OTT awards 2021 were held at Mumbai's Taj Lands End hotel, and the big winners of the night were quite expectedly, Scam 1992 and The Family Man 2.
The Supreme Court on Wednesday dismissed the plea for interim bail of former Fortis Healthcare promoter Shivinder Mohan Singh who along with others is accused of misappropriating Rs 2,397 crore of Religare Finvest Ltd (RFL) funds. Singh had sought interim bail for a short period on "humanitarian grounds" for helping his ailing mother to take part in the last rituals of his maternal uncle, who died on March 8 in Haryana. "We are of the opinion that the presence of the accused was not a must...," said a bench of Justices M R Shah and B V Nagarathna while dismissing the plea.
Rohini Khadse will fight the elections from her father's Muktainagar constituency in north Maharashtra.
The Supreme Court on Wednesday agreed to hear at 5 pm the plea of Shiv Sena chief whip Sunil Prabhu challenging the Maharashtra governor's direction to the Uddhav Thackeray-led Maha Vikas Aghadi government to take floor test in the assembly on Thursday.
Just how tough is the life of a struggling actor? Here's a glimpse.
The Rs 11,400 crore PNB fraud saga unfolded after a bribery complaint by the Hong Kong branch of an Indian bank.
The heartburn is over six sensitive issues
The 'bad bank' -- which will help banks clear their balance sheets by transferring the NPAs to special purpose vehicles -- has been one of the most debated ideas for stressed asset resolution.
Under the watchful eyes of five wise men, who know the industry well, banks will not find it easy to hoodwink the system, says Tamal Bandyopadhyay.
Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?
The hits and flops of the week.
'The purposes of our document are three-fold: To lay out the opportunities that India enjoys in the international sphere; to identify the challenges it is likely to confront; and to define the broad approach that India should adopt as it works to enhance its strategic autonomy in global circumstances that are likely to remain volatile and uncertain for some time to come.'
One of the chapters in the document titled 'Asian Theatre' has quite elaborate comments on China, and opines that India's China strategy has to strike a careful balance between cooperation and competition, economic and political interests, bilateral and regional contexts. Rediff.com publishes verbatim a part of the chapter 'Asian Theatre'.
Govt reconstitutes body, says will not interfere in senior PSB appointments
The resolution plan has to be put to work this month itself. Jet has a debt of over Rs 8,000 crore and needs to make repayments of up to Rs 1,700 crore by the end of March.
Earlier it said floor test is the only way to settle all issues that have entangled the politics of Maharashtra following a rebellion by Sena leader Eknath Shinde leading to a survival crisis of the Uddhav Thackeray-led coalition government.
As the teachers began gaining confidence, it also drew the attention of other women in the community, leading to greater demand for teaching jobs.
'Life is so unpredictable.' 'Devastating beyond words.'
'Sometimes we arrange a Zoom call just for him to say hello to the players, that's about it.' 'But otherwise, no, no direct talk, it's never happened, even in a normal year.' 'After the game, you win, you lose, SRK is there to encourage the team, give them hugs.'
'Applications seeking permission to file review petitions are allowed. We have carefully gone through the review petitions and the connected papers. We find no merit in the review petitions and the same are accordingly dismissed,' the bench said in its order.
Professional Management Group has signed up promising batting talent Sarfaraz Khan.
'War is never a solution. It's nothing but real estate business I am against any kind of violence.'
Kis Kisko Pyaar Karoon special screening.
Easily the biggest high-power gathering and by far the starriest event staged in Gujarat, concluded at the Reliance petro township in Jamnagar on Sunday.
IPO-bound mobility platform Ola, said it has successfully raised $500 million via a Term Loan B (TLB) from marquee international institutional investors. This term loan has no impact on the valuation of Bhavish Aggarwal-led Ola. The Bengaluru-based firm recently raised $139 million. This is part of a $1 billion funding round for which the company is in talks with investors, increasing its valuation to about $7.5 billion, according to the sources.
His son Sunil lighted the pyre and a police contingent gave the departed leader a gun salute.
If the government of the day would like to set in place a smooth and well-planned changeover and facilitate the incoming chief to chalk out his action plan well in advance, the announcement of a successor needs to be done early, observes Colonel K Thammayya Udupa (retd).
The Delhi HC restrained the ED from arresting Karti in a money laundering case till March 20
R Madhavan soaks in the fun as well.
Nikhil Advani can't wait to hear what people think of his mega release.
The cut-off date the RBI chose was March 1, 2018. This meant that by the end of August if these accounts were not resolved, then they would have to proceed through insolvency.
Solicitor General Tushar Mehta, representing CBI and ED, contended that the Congress leader was evasive during interrogation and was giving long answers.
Goals in either half from Sunil Chhetri and Frederic Piquionne were enough to see Mumbai City FC record their second successive win of Indian Super League football against table toppers FC Goa, in Mumbai, on Sunday.
