Lawyer of both the accused, asserted that CBI's case against both his clients was merely on the basis of recorded conversations allegedly intercepted by the agency.
Milestone was in an aggressive mode, by hiring more senior people to head its funds and launching new funds.
'The Mallahs may remain divided between the two competing coalitions in Bihar,' says Mohammad Sajjad.
The government has initiated an inquiry into US-based Kraft Food Inc's takeover of Cadbury India for alleged tax evasion and flouting of buyout norms.
In the United States, the yoga guru has also acquired an Ayurvedic medicine company in the name of Herbo Ved, for an undisclosed sum to sell the new products abroad.
For over 25 years, Hindu organisations including temples across the United States have been offering free medical clinics several times a year, serving thousands of vegetarian meals once or twice a year and conducting a number of services helping all Americans. But in the last year or so, many have realised that such efforts have to be increased and made more visible so that other Indian organizations will come forward to do service, muses New Jersey-based Ved Chaudhary.
Anjuli Bhargava discovers how the Buddha Fellowship is attracting India's brightest minds to solve its problems.
The bench comprising Justice Pradeep Kant and Justice Rituraj Awasthi on Wednesday stayed the Mayawati government's notification of July 1, whereby Chattrapati Shahuji Maharaj Nagar district had come into being.
A 60-kg British-era copper chandelier at the main entrance of 17th century Taj Mahal crashed down recently, prompting the Archaeological Survey of India to initiate a probe into the matter.
Giving impetus to Congress' election campaign in Haryana ahead of next month's assembly polls, Prime Minister Manmohan Singh, party chief Sonia Gandhi and general secretary Rahul Gandhi will address public rallies in various parts of the state.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'My son and my father were pulled out of the hiding place on second floor, beaten badly and were thrown down from the roof'
Special CBI Judge Swarana Kanta Sharma observed that the accused was 'concealing himself' and despite issuance of non bailable warrants against him twice, he could not be arrested by the probe agency.
In a setback to Congress leader Sajjan Kumar, the Supreme Court on Tuesday dismissed his plea for quashing of charges against him in a 1984 anti-Sikh riots case.
However, the probe agency believes that it's unlikely that the 26/11 attacks mastermind would've told anything concrete to Ved Prakash Vaidik as Pakistan has consistently denied having anything to do with the attacks. Vicky Nanjappa/Rediff.com reports.
The top posts on social media from your favourite Bollywood celebrities.
'A witless thriller so far removed from reality yet so consumed by its own self-seriousness, no amount of slick photography, soaring soundtrack or steady supply of conspiracy can salvage its tepid material,' notes Sukanya Verma.
The Delhi high court on Friday granted anticipatory bail to former Congress Member of Parliament Sajjan Kumar and six others in the 1984 anti-Sikh riots cases. Justice A K Pathak, while pronouncing the bail order, directed the accused to furnish a personal and surety bond of Rs 50,000 each. A lower court had issued non-bailable warrants against Kumar, 64, and others after they failed to appear before it despite its summons.
'Why should the government keep these laws on hold for 1.5 years when they are so disastrous for the interests and well-being of farmers?'
The government decided to withdraw its two nominees from the Maytas Infra board following the Company Law Board order handing over the reins of Maytas Infra, promoted by kins of disgraced founder of Saytam, R Ramalinga Raju, to IL&FS.
It is necessary to get the same probated in India also.
If Husain feels betrayed by the treatment being meted out to him in the country of his birth, India too has reasons to feel betrayed by its globally celebrated son, writes Mahendra Ved.
The chartered accountants regulator ICAI on Thursday said KMPG cannot audit Satyam's books, but the global auditor said it does not require to register with the regulator to restate the IT company's accounts.
At a time when professionals charge hefty sitting fees, the government-appointed directors who worked long-hours to revive crisis-hit Maytas Infra worked for free.
This is to ensure that the amount paid by its customers was not used for other purposes, according to customers who have invested in company projects. The customers wanted the company to execute the Maytas Hill County project at the earliest. The delay was causing inconvenience to them due to soaring interest rates, they said, adding that a lot of people had paid the amount in full.
'We will do it either by removing all the Constitutional hurdles or by mutual consent.'
Since KPMG is not registered in India, it cannot undertake auditing work or restate accounts of beleaguered Satyam Computer Services, said Ved Jain, president of the Institute of Chartered Accounts of India.
The volatility in Indian markets will take another 12 months to ease out. There are market cycles and economic cycles. We had a 4-year bear phase during 1994-97. The markets are still trading at reasonable levels compared to the one year forward price-to-earnings ratio multiple of 2005-06.
Akshay moves SC, saying death penalty entails 'cold blooded killing'. The SC has already rejected review pleas of 3 other convicts.
The Prime Ministers Office is upset that the Congress party was deliberately playing up the Saeed-Vaidik meeting in Parliament to detract attention from Prime Minister Narendra Modi's meeting with the Chinese president. Rediff.com contributor Renu Mittal reports
"We will ensure that, to any person who has not worked according to our standards and our expectationsm severe punishment be given," ICAI President Ved Jain said after the financial wrong doings by India's fourth largest IT company were unearthed. He added that that under the Indian Penal Code any person party to a fraud or cheating can be convicted.
The Institute of Chartered Accountants of India is in the process of clarifying the procedure for accounting of these peculiar transactions for which there is no precedence."We will issue explanations and clarifications as to how to record certain transactions which are innovative in nature," ICAI President Ved Jain told PTI.
Gaurav Garg, Head of Research, CapitalVia answers readers' stock market queries
The newly appointed (by the government) board members, O P Vaish and Ved Jain, said the company and its lenders were expected to reach an agreement in this regard by March 25. The board met in Hyderabad under the chairmanship of Vaish and sought information on the state of the company and the various projects it was implementing and negotiating. Vice-Chairman B Teja Raju and Additional Director B Narasimha Rao were present.
Reiterating his party's commitment to provide equal development opportunities to all in Jammu and Ksahmir, the Peoples' Democratic Party has said 'self rule' was the only viable solution for removing regional disparities in the state.
In yet another case of honour killing, a newly-wed young man was lynched in the presence of police escort by villagers, who were opposed to his marrying in the same sub-caste or gotra, when he came to take back his wife in Haryana's Jind district.
Within hours of Company Law Board orders, the government on Thursday appointed its nominees on the boards of Maytas Infra and Maytas Properties, the companies promoted by the kin of disgraced founder of the Satyam Computer Services B Ramalinga Raju.
Chartered accountants body ICAI on Saturday served a showcause notice on auditor PriceWaterhouse and asked it to submit balance sheets of Satyam Computer audited by it in the last five years.
In fact, the ministry of corporate affairs announced that role of directors and auditors at Satyam will be scanned by ICAI and the apex body of company secretaries.
PwC's comments are still awaited. Following a letter from the Satyam chairman, who accepted that he had misrepresented facts in the company's balance sheet, role of auditors and accountants for the company has also come under scanner.
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