The assets are estimated to be worth over Rs 6,000 crore.
A total of 553 crorepatis are in the fray in the Tamil Nadu elections to be held this month, while 283 have declared criminal cases against themselves, a report said on Tuesday.
US short-seller Hindenburg Research had shared an advance copy of its damning report against Adani group with New York-based hedge fund manager Mark Kingdon about two months before publishing it and profited from a deal to share spoils from share price movement, according to market regulator Sebi. The Securities and Exchange Board of India (Sebi), in its 46-page show cause notice to Hindenburg, detailed how the US short seller, the New York hedge fund and a broker tied to Kotak Mahindra Bank benefited from the over USD 150 billion routs in the market value of Adani group's 10 listed firms post-publication of the report.
Rishabh Pant on track for IPL comeback
Blackmoney holders t oface the music very soon, says FM.
Trying to strike an emotional chord with the voters, Sonia asked the people to consider Rahul Gandhi too as their own.
Legal experts explain the implications of the latest twist in the Amazon-Reliance battle for billion-plus consumers' purse.
'As the city grows, so do its fire incidents.'
The government on Thursday clarified that black money declarants using the one-time compliance window cannot pay tax and penalty from undisclosed income to bring down their liability.
Crisis-ridden NSEL on Wednesday declared ten more entities as defaulters after they failed to pay their dues on the second-pay out, taking the number of members who are to pay dues at 19.
Veerappa Moily was forced to defer the Judges (Declaration of Assets and Liabilities) Bill, 2009 after the Opposition, including the Bharatiya Janata Party and Left, took strong objection to Clause VI of the Bill which states that High Court and Supreme Court Judges would declare their assets but the same would not be made public.
Existing mutual fund investors have time till March 31 to nominate a beneficiary or opt out of it by submitting a declaration form, failing which their folios will be frozen, and they will not be able to redeem investment. The Securities and Exchange Board of India (Sebi), in its circular on June 15, 2022, made it mandatory for mutual fund subscribers to submit the nomination details or declaration to opt out of the nomination on or after August 1, 2022. Later, the deadline was extended to October 1, 2022.
The bench said it cannot accede to the prayer made in the petition, which amounts to giving equal rights in succession irrespective of the religion.
Three leading domestic voting advisory firms are not on the same page over the proposed demerger and separate listing of ITC's hotel business, ITC Hotels. Institutional Investor Advisory Services (IiAS) has recommended a vote "against" the resolution, while InGovern and Stakeholders Empowerment Services (SES) have advised their clients to vote in favour. Voting on the resolution is currently underway.
Maharashtra now has 20 ministers, including the chief minister, after the council of ministers was expanded on August 9 with the induction of 18 members.
The details of assets submitted by Lokesh look strikingly different when compared with the declared assets of his family on October 19, 2016.
In 2012, Parsekar had shown his movable and immovable assets at Rs 10.74 crore which now stand at Rs 8.98 crores.
'We in India are incredibly lucky in our judiciary. Taken as a body it is undoubtedly free of taints. But let us not pretend that every single member of this elite corps is free of controversy.'
CSK had some good news on the eve of the match with Sri Lankan pacer Matheesha Pathirana being declared fit from a hamstring injury.
Following is the chronology of events in the case in which a five-judge Constitution Bench of the SC upheld the 2010 Delhi high court verdict which said that the office of the Chief Justice of India falls under the ambit of RTI Act.
The Enforcement Directorate on Monday seized three offices in a prime location in Mumbai, valued more than Rs 41 crore, as part of a foreign exchange violation probe against a businessman whose name figured in the Panama Papers.
Clash of the two richest titans, a celebrity and a 'royal', is on the cards in Himachal Pradesh's Mandi Lok Sabha constituency, known for electing erstwhile 'royals' maximum number of times.
Kapoor, 62, and the Wadhawans were arrested by the agency in this case early this year and they are in judicial custody at present.
'If the majority falls short of expectations, it may prompt initial adjustments in investor sentiment.'
That bliss is set to end soon, with the finance ministry planning to make it mandatory for individuals and Hindu undivided families to report assets and liabilities in income-tax return forms.
Chief Minister Nitish Kumar and Deputy Chief Minister Tejashwi Yadav also have cases registered against them.
The contribution from asset management companies (AMCs) has surpassed the Rs 3,000 crore target for the creation of a Rs 33,000 crore backstop facility for debt mutual funds (MFs). The initial corpus for the Corporate Debt Market Development Fund (CDMDF) is nearly Rs 3,100 crore, according to multiple government officials and AMC executives. "The fund is operational now. "The required corpus has been raised by AMCs and the remaining part (Rs 30,000 crore) is in the form of a guarantee from the government which will be activated only in case of a credit event," explained D P Singh, joint CEO and deputy MD, SBI MF.
The department of economic affairs is said to be in discussions with various probe agencies, including the income tax department and the Enforcement Directorate, and bankers in drafting the final rules.
Penalties for non-disclosure or inaccurate disclosure of these details can be severe.
'All my wealth I earned in the US. It is all money earned transparently. I have paid all taxes.'
PCB Chairman Zaka Ashraf backed disgraced paceman Mohammad Aamir by declaring him a national asset and hinted that the Board may help the young fast bowler in returning to the international fold.
The ruling Bharatiya Janata Party has 17 crorepati candidates followed by Tipra Motha with nine and the Communist Party of India-Marxist seven, the report by the Association for Democratic Reforms (ADR), a civil society organisation, said.
In a relief to liquor baron Vijay Mallya, the high court in London has deferred hearings on a plea by the SBI-led consortium of Indian banks, seeking the indebted tycoon to be declared bankrupt to enable them recover a loan of around 1.145 billion pounds from him. Justice Michael Briggs of the insolvency division of the high court granted relief to Mallya, ruling that he should be given time till his petitions to the Supreme Court of India and his settlement proposal before the Karnataka high court be determined, allowing him time to repay his debts to the banks in full.
Wilful defaulters owe SBI Rs 80,000 crore. 10 nationalised banks are owed another Rs 1.5 trillion.
The Odisha government told the assembly over 40,000 workers migrated from the state last year, with the highest number -- 26,151 -- from Balangir.
The average assets of an MP are now 345.8 times that of an annual income of a tax-filing individual, reports Sachin P Mampatta.
Fugitive diamantaire Nirav Modi's sister and brother-in-law have "turned approvers" in the over $2 billion PNB fraud case against him and they will help the Enforcement Directorate confiscate assets worth Rs 579 crore, including Swiss bank deposits, the agency said on Thursday. Forty-nine-year-old Nirav Modi, who is currently lodged in a London jail, his uncle Mehul Choksi and others are being probed by the Enforcement Directorate (ED) in the Punjab National Bank (PNB) money laundering case since 2018. The diamond merchant's younger sister Purvi Modi (47) is a Belgian national while her husband Maiank Mehta is a British citizen. They are stated to be based abroad and have never joined the probe.
Our mutual fund expert Value Research says no and explains why this should not worry an investor.
The assets include a flat in Bandra worth Rs 1.43 crore, agricultural land worth Rs 28.2 lakh and farmhouse worth Rs 31.5 lakh.
Becker is currently barred from entering the UK before October 2024, and at the moment is unsure if his partnership with Rune will continue into next season.
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