The ED said that the investigation further revealed that there are 78 companies owned by the accused and his family members and it needed to probe whether the money went into these companies.
For over a decade, HDFC Bank consistently outperformed industry growth rates in both deposits and advances, maintaining impeccable asset quality. Amid a landscape where other banks struggled with soaring non-performing assets (NPAs), HDFC Bank thrived, eventually surpassing ICICI Bank to become the largest private sector lender in India. Its net interest margin (NIM) remained stable in the range of 4.1-4.4 per cent.
It is time the political leaderships in this country arrived at a common ground over issues of foreign and security policy concerns. There has to be a greater communication between the government and the Opposition leaderships for the nation to present a unified face against the rest of the world, advises N Sathiya Moorthy.
A reputed national coach has been accused of tampering with rifles of some shooters by their parents, a charge that has been vehemently denied by the national federation, which has urged the aggrieved individuals to file a complaint.
'India will want a lot of help from the US, but it's not going to want US troops.'
Both Kishan and Iyer would be fired up to perform after not getting a run against Australia.
'It is commendable that India is able to persuade all sides.' 'It shows that India counts and finally, we are reaching a position where we can find a place in the sun at the global level.'
Banks tighten hold on Mallya for defaults on KFA loans
The go-ahead given to prosecute Arundhati Roy would be seen by supporters of freedom of speech as an announcement that the Right-Wing doesn't feel humbled by the results of the elections, argues Shyam G Menon.
Suryakumar praised India's performance against Australia and encouraged the team to play 'fearless cricket'
The row broke out after a private television news agency attributed the excerpts of the article shared by the NC leader to him.
The two-wheeler segment is, however, still far from its H1FY19 peak of 9.7 million units
The mystery surrounding the alleged fund diversion from Zee Entertainment Enterprises (Zee) by founders Subhash Chandra and Punit Goenka has thickened with speculations of an amount multiple times higher than that cited by the ex-parte interim order passed by the Securities and Exchange Board of India (Sebi) dated June 12, 2023. While Zee shares witnessed a fresh selloff on Wednesday, news reports of accounting fraud left investors guessing about the hole in the media broadcaster's books. An order by the Securities Appellate Tribunal (SAT) in October 2023 had clearly hinted that Sebi's investigation had found a deeper rout.
The Supreme Court on Monday referred to a five-judge Constitution bench a suit filed by the Kerala government raising the issue of ceiling on net borrowing.
'Our movement was not about putting any flag on the Red Fort, but it is to secure our livelihood.'
On June 26, for the likes of me, the music died. Any impression of potential change held forth by the outcome of the 2024 general election, was vaporised, reveals Shyam G Menon.
'I will never look down upon television. But do I want to do it again? I don't think so.'
'When manufacturing or even services cannot generate the kind of employment they are looking for, they prefer to be unemployed rather than under-employed.'
Uttam Prakash Agarwal alleged that Citax and Braich offers were incomplete and did not include firm commitment as to the price, size, timings, confirmation from the banks about availability of the funds.
'And if the United States, at that time, perceives India to have welched on the deal, not been our friend, when we did so much to make it a friend, that's trouble.'
Relations between India and China have been in an 'abnormal state' since the 2020 Galwan clash and it is a 'possibly longer than medium-term issue', External Affairs Minister S Jaishankar said in New York.
Why are DIIs holding such a high stake in Zee, which is beset with alleged governance issues? Perhaps they think Zee is a deep-value stock, observes Debashis Basu.
'I found it unbelievable that L&T said 45,000 jobs were waiting to be filled because of unavailability of suitable skillsets.' 'So, when the Opposition sweepingly says there are no jobs, I'm sorry... I'm not saying it's raining jobs, but there are jobs. The (skill) gap has to be bridged.'
Legendary pistol marksman Jaspal Rana has expressed grave concerns over the delay in naming the Indian shooting contingent for the Paris Olympics.
The country's six largest smallcap schemes would require more than 20 days to liquidate half of their holdings, despite most of them maintaining high cash levels and having considerable exposure to more liquid largecap stocks, stress tests conducted by fund houses reveal. For midcap funds, the time required to sell half of the assets of the top six schemes varies between seven and 34 days, according to disclosures made by asset management companies. The Securities and Exchange Board of India (Sebi) had called for such tests in the face of strong inflows into smallcap and midcap funds, despite concerns over high valuations, to keep investors better informed.
'Not even a single rupee from the electoral bonds should be allowed to be used in the election.' 'If it is used in the election, it will taint India's electoral process itself.'
India would like to see action, more than just assurance, the ministry of external affairs said on the vandalism of Indian missions in various countries by Khalistanis, adding that he hoped that foreign governments will act against and prosecute those involved.
'The inauguration of the Ram temple was the pinnacle of the BJP's religious politics.' 'Politics is dynamic. What goes up has to come down.'
'Everyone is so excited. There is a lot of excitement everywhere. This was a long time desire of many people.'
rediffGURU Vivek Lala answers your income tax and personal finance queries.
Yes Bank, the new private sector banking entity, has filed a draft Red Herring Prospectus with the Securities and Exchange Board of India for its initial public offering of seven crore equity shares.
The Union Home Ministry has issued showcause notices to six senior officers, including the Bathinda police chief, over the "major lapses in security" during Prime Minister Narendra Modi's visit to Punjab, officials said here on Friday.
Who took the decision for the prime minister, the nation's single most popular leader, to take the road route when they should have already known about the farmers' protests and also the grave risks involved, when and how, asks N Sathiya Moorthy.
Gandhi said Modi's top priority now is to get his Speaker in Parliament and is not bothered about NEET .
'If Manipur is divided on ethnic lines, similar demands will come in other states also.'
Rulers in New Delhi and their political aides in sensitive states like Tamil Nadu have to be doubly careful not to provoke a situation whose consequences may be much more than visible now to the naked eye, notes N Sathiya Moorthy.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
'Go around and ask what Amritpal has done for the village and nearby areas.'
Victory over Pakistan saw England rise to seventh place in the World Cup and secure a place in the 2025 Champions Trophy in Pakistan.
'The Punjab police was taking the prime minister by road for 100 km for the first time, maybe in the last many years.' 'But the SPG keeps travelling with the prime minister every second-third day outside Delhi.' 'They are better aware of the drill; they understand the PM's security parameters better than the Punjab police.' 'They could have refused even if the clearance was given by the Punjab police.'