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Disclosing details of his assets, he said the reports about the rise in his wealth had been done without checking facts.
The former tennis great had won his first Wimbledon final in 1985 aged 17 becoming the youngest and first unseeded player to claim the men's singles title. He went on to two win more Wimbledon titles.
Thirty-five of the 77 Union ministers have failed to file annual details of their assets and liabilities before Prime Minister Manmohan Singh even over a month after the passage of the deadline.
Go First chief executive officer Kaushik Khona and tribunal-appointed interim resolution professional Abhilash Lal on Thursday reached out to the airline's staff, seeking their support for revival. While Khona said the company had taken all steps for the airline's revival, Lal put forward the view it would have to raise funds. Employee engagement took place a day after the National Company Law Tribunal (NCLT) admitted the airline's insolvency plea on Wednesday and ordered a moratorium on recoveries.
About 24 or 31 per cent ministers have declared serious criminal cases including cases related to murder, attempt to murder, robbery etc.
'This is what happens to a party when it gets trapped in the vicious circle of nepotism and dynastic politics'
A Pakistani judge on Saturday cancelled former premier Imran Khan's arrest warrants in the Toshakhana corruption case and allowed him to go home without indicting him, amidst clashes between his supporters and police outside the court complex in Islamabad.
The banking sector emerged as an outlier when the rest of India Inc witnessed a slowdown in earnings in FY23. The combined net profit of listed public and private sector banks was up 39.4 per cent year-on-year (YoY) last financial year and their share in India's gross value added (GVA) or gross domestic product (GDP) at factor cost rose to a record high of nearly 1 per cent up, from 0.8 per cent a year ago. Listed banks' combined net profit grew to Rs 2.36 trillion in FY23, from Rs 1.69 trillion a year ago. In comparison, India GVA at current prices was up 15.2 per cent YoY at Rs 247 trillion in FY23; it was around Rs 214 trillion a year ago.
'It will be important strategically and geographically because there is no port in India which is as close to the international shipping route as Vizhinjam.'
'There has not been a clear direction on what he's going to do yet, but we are still hopeful. I've always said his bowling would be a bonus, but just look at what he brings with the bat, even in the field.'
They, however, conveniently forget to add the condition: so long as you add good margins to our business
'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.'
An analysis of the declarations made by these MLAs reveals that 37 have declared serious charges including those related to rape, attempt to murder and crime against women.
Ruchi Soya was admitted to the corporate insolvency resolution process (CIRP) in December 2017 and owes lenders Rs 12,000 crore.
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HC restrains Nokia from selling, transferring ownership rights in India.
Twenty-three per cent or 244 candidates have declared serious criminal cases against themselves, it said. Serious criminal cases are non-bailable offences with over five years of imprisonment.
According to the report, 32 (73 per cent) out of 44 candidates analysed from the Rashtriya Janata Dal have declared criminal cases against themselves and 22 (50 per cent) of them have declared serious criminal cases against themselves in their affidavits.
Narendra Modi is one of the least affluent ministers in the Union Cabinet.
'If you want it to grow well and serve the true needs of the economy, it needs a lot of freedom and flexibility, which comes in terms of the reform objective set by the regulator.'
Out of the 150 candidates analysed in Delhi, where Lok Sabha elections will be held on April 10, 23 candidates (15 per cent) have declared cases against themselves.
The move follows poor results in detecting undisclosed foreign assets and delay in concluding pending matters under the Black Money Act, which came into effect in 2015. According to the official data, only 52 cases have been identified so far. Of these, nine are from Mumbai alone.
He said by paying a penalty, those having undisclosed money can free themselves from various kinds of burden.
German tennis great Boris Becker was jailed by a London court on Friday for hiding hundreds of thousands of pounds of assets after he was declared bankrupt.
Pakistan Prime Minister Shehbaz Sharif's wife and former premier Imran Khan's wife have financial assets worth more than their husbands.
High dividend yield stocks usually perform well in a rising interest rate environment when investors value cash flows more.
Showing the power social media influencers hold in the advertising industry today, the Advertising Standards Council of India (ASCI) on Thursday said 70 per cent of Indians are likely to buy a product they endorse. In its "Influencer Trust Report," based on a survey of 820 respondents above 18, ASCI said that 79 per cent of respondents trust social media influencers. Out of these, thirty per cent trust the influencers "completely".
The Securities and Exchange Board of India (Sebi) has proposed stricter disclosure norms for certain foreign portfolio investors (FPIs) to bring in more transparency and trust against the backdrop of the Adani-Hindenburg Research saga. Under the new norms, FPIs with an exposure of more than 50 per cent to a single group or with assets of over Rs 25,000 crore will be tagged as 'high risk' and will be required to provide additional information such as full identification of their ownership, economic interests, and control rights. A failure to provide these disclosures will lead to invalidation of the FPI registration.
As much as 73% of total income of national political parties is unaccounted for, says Association for Democratic Rights.
The poll reforms advocacy group further said that 10 (14 per cent) winning candidates have declared serious criminal cases against themselves.
Life Insurance Corporation of India (LIC) declared disappointing results in Q1FY24. While it reported a net profit of Rs 9,540 crore in Q1FY24, this was attributable to the transfer of Rs 7,490 crore from non-participating (non-par) products to shareholders' accounts due to the accretion on available solvency margin. In operational terms, annualised premium equivalent (APE) declined and value of new business (VNB) margin was flat. But the medium-term prospects may be better.
Damage from new shenanigans can be contained if regulators move quickly when something does not smell right, counsels Debashis Basu.
The Congress on Monday promised that a government led by it will conduct a nationwide caste census and implement 33 per cent reservation for women in the Lok Sabha and state legislative assemblies at the earliest, including adequate representation for women belonging to the OBC community.
The reduction in value of Chandra's assets comes close on the heels of the group's debt burgeoning to over Rs 12,000 crore, much of which he had raised by pledging his shares to banks and mutual funds in his flagship company ZEEL after many of the groups infrastructure bets did not take off.
Enforcement Directorate is seeking to invoke the India-United Kingdom Mutual Legal Assistance Treaty to extradite Mallya from Britain
Asked whether it was an effort at unity, he said this is not an attempt but a reality. "We are one."
The government is set to earn an equity dividend of nearly Rs 13,800 crore from the listed public-sector banks (PSBs), all 12 of them, for FY23, up 50 per cent from Rs 9,210 crore in FY22. This will be the highest ever dividend for the government from PSBs. The 12 PSBs in our sample are paying an equity dividend of nearly Rs 21,000 crore for FY23, up 53 per cent from Rs 13,710 crore for FY22.
A fight broke out in the MCD House as Bharatiya Janata Party and Aam Aadmi Party members kicked, punched and pushed one another amid shouting after mayor Shelly Oberoi declared one vote invalid in the election to a key six-member municipal committee on Friday.
India's role as a leader of the global south may require it to give up its ambition to serve as a bridge between the warring halves of the international community, points out Mihir S Sharma.
'Why do I have this feeling... why India could not pick their XI in last two years. It's a very strange thing to me that your squad is not settled. Who is your No. 4, where will Virat (Kohli) play 3, 4 or 5?'
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