The Enforcement Directorate (ED) on Thursday said it has arrested Karvy Stock Broking Limited (KSBL) CMD C Parthasarathy and group CFO G Krishna Hari in connection with a money laundering investigation linked to alleged diversion of clients' securities of over Rs 2,873 crore. The agency produced the two-- already lodged in central jail, Bengaluru after being arrested by the police-- before a special Prevention of Money Laundering Act (PMLA) court in Hyderabad on January 20 and on January 25 it remanded them to four days of ED custody from January 27-30, it said in a statement. The ED case, filed under the criminal provisions of the PMLA, is based on multiple Telangana Police FIRs filed by the HDFC Bank, few other banks and investors alleging clients' securities were illegally diverted by Karvy Stock Broking Ltd and these were later pledged with banks and non banking financial companies (NBFCs) for loans which were later "defaulted".
His second term as solicitor general was renewed recently.
In one of the worst school shootings in American history, an 18-year-old gunman has killed 21 people, including 19 children, and two adults at an elementary school in Texas state, with an emotional President Joe Biden urging lawmakers to 'turn this pain into action' to control the powerful gun lobby.
'My view hasn't changed because the silence of the Supreme Court of India on matters of other's personal liberty cannot go uncriticised'
Gopalan Balachandran, Harris' maternal uncle, said she will script many firsts if she wins and expressed the hope her top-level position will give Indians in the US "greater access" in interacting with the US administration.
US Attorney General William Barr, to whom the report was delivered on Friday, told Congressional leaders that he may submit to them its summary 'as soon as this weekend'.
Bharara's presence at Trump Tower provoked much curiosity.
If confirmed by the Senate, the 67-year-old career military officer would be the first African-American to lead the Department of Defence.
The Supreme Court on Wednesday stayed the operation of sedition law, and ruled that all pending cases, appeals and proceedings with respect to charges framed for sedition should be kept in abeyance.
Magistrate judge Jacqueline Chooljian on Thursday ordered the defence attorneys and prosecutors to file additional documents by July 15, which was reported by a US news agency.
The Securities and Exchange Board of India (Sebi) has deferred the diktat requiring foreign investors to disclose their mobile number, email addresses and income details to depositories, a move believed to be aimed at curbing practices such as round tripping and money laundering. "Based on the representations received from MIIs (market infrastructure institutions), Sebi has decided to extend the deadline for making 6-KYC attributes mandatory for new accounts opened by 1 month to July 1, 2021. "Participants are accordingly requested to take note of the above and ensure compliance," NSDL said in a note on Tuesday. The regulator is also meeting custodians this week to thrash out a solution and address investors' concerns.
The Supreme Court on Wednesday posed a slew of queries to the Centre on the grant of 10 per cent quota in admissions and government jobs to the EWS category, saying the "slice of cake" of 50 per cent open general seats available to OBCs above the creamy layer now stands reduced to 40 per cent.
An undeterred Chief Executive Officer of NSO Group, Shalev Hulio, in an interview to Israeli Channel 12 on Saturday, strongly defended the company's operations, though he also conceded that some 'mistakes' may have happened over the years.
Four students of Indian origin have been served probation sentence and community service.
The ED made this claim while seeking the 62-year-old Nationalist Congres Party leader's custody for interrogation in the money laundering probe linked to the activities of Ibrahim and his aides.
Swiss federal prosecutors are investigating soccer great Franz Beckenbauer and three other German soccer officials for fraud and money laundering in connection with the award of the 2006 World Cup to Germany.
The Supreme Court Tuesday asked the Centre to apprise it about the views on the issue of protection of interest of citizens till the colonial-era penal law on sedition is reconsidered by an appropriate forum.
Former FIFA president Sepp Blatter and ex-UEFA president Michel Platini have been charged with fraud over unlawfully arranging a payment of two million Swiss francs ($2.19 million).
'While we may speculate about personality politics, the reality is that there are more important issues that drive the India-US relationship.'
Jadhav, the 50-year-old retired Indian Navy officer, was sentenced to death by a Pakistani military court on charges of espionage and terrorism in April 2017.
The Supreme Court on Friday directed the managing directors and directors of telcos and other firms to explain why contempt action be not taken against them for non-compliance of its order to pay adjusted gross revenue (AGR) of Rs 1.47 lakh crore to the department of telecommunications.
Counsels for AgustaWestland VVIP chopper scam accused Christian Michel and fugitive diamantaire Nirav Modi were also the potential targets of Israeli spyware Pegasus.
US prosecutors on Monday made public their 2013 plea agreement with Chuck Blazer, revealing that the former FIFA executive committee member had been secretly providing authorities information for nearly two years before he admitted guilt.
The top asked the Centre to make appointments within two weeks to the tribunals which are facing severe crunch of presiding officers as well as judicial and technical members, and apprise it of reasons if persons from the recommended list are left out in the process.
The Supreme Court on Tuesday stayed the operation of a Delhi high court order holding as "unconstitutional" the imposition of the Integrated Goods and Services Tax (IGST) by the Centre on import of oxygen concentrators by individuals for personal use. A special bench of Justices D Y Chandrachud and M R Shah issued notice on the plea and sought response from the petitioner, who filed a PIL before the high court.
'The right wing has worked for 70-80 years at the grass roots before it burst onto social media.' 'Social media is an extension of its formidable work in society.' 'If you think you can fight them on social media, forget it. You can't.'
The 75-year-old veteran politician and Nepali Congress President took the oath of office and secrecy from President Bidya Devi Bhandari during a swearing-in ceremony which was delayed by over two hours.
The Supreme Court on Wednesday sought to disapprove the government's stand that the Central Bureau of Investigation needs its permission to question senior officials in the Coalgate case.
Mahinda Rajapaksa, along with his wife and family, fled his official residence -- Temple Trees -- and took shelter at the naval base in Trincomalee.
Purohit was doing his job as a military intelligence officer and was "framed" in the case, his lawyer and former Attorney General Mukul Rohatgi told the high court on Friday.
Foreign students knowingly enrolled in the fake school to falsely maintain their student visa status and remain in the US, according to prosecutors.
The Supreme Court on Thursday expressed concern over the misuse of "colonial era" penal law on sedition and sought response of the Centre on pleas including the one filed by the Editors Guild of India challenging the validity of the provision.
Bharara said any interaction between him and Trump could have raised doubts in people's minds over any future investigation his office would have undertaken.
Iqbal Singh, a former Asian Championship bronze medalist for India, has been charged with murder in the US after he chillingly admitted to killing his wife and mother, according to media reports.
A bench headed by Chief Justice N V Ramana said the Jharkhand high court would keep monitoring the probe.
Shashank Rai, 30, allegedly sought millions of dollars in forgivable loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act from two different banks by claiming to have 250 employees earning wages when, in fact, no employee worked for his alleged business.
Mohamed Naufar, Mohamed Anwar Mohamed Riskan and Ahamed Milhan Hayathu Moahmed are currently in custody in Sri Lanka, according to a federal criminal complaint unsealed Friday.
Indian-Americans are taking over the country, United States President Joe Biden said on Thursday, referring to the high number of people from the community getting a place in his administration.
FIFA president Sepp Blatter and its secretary general Jerome Valcke have both hired high-powered US lawyers to represent them as a corruption probe roils soccer's global governing body.
"That is a fact of life because we are not being able, after 75 years, to bring the SCs and STs to the same level of merit as the forward classes," Attorney General K K Venugopal told a bench headed by Justice L Nageswara Rao.
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