Right from the great Muhammad Ali, who was an influential figure during the African-American Civil Rights Movement to Cte d'Ivoire footballer Didier Drogba, who had a major hand in bringing peace to his country, sports personalities across the world have always played huge roles in social and geopolitical movements. The scenario is no different in India, as a lot of sporting stars have taken the political plunge. Take a look at the sports personalities contesting in elections 2019.
Eight of the newly inducted ministers in the Union cabinet have criminal cases against them, a report released by election watchdog Non-Governmental Organisation's on Monday said.
Of the 142 candidates contesting in the 2013 Mizoram assembly elections, only three candidates have registered criminal cases against them. Two of them are facing serious criminal charges.
Jet Airways is seeing a churn in its senior management ahead of its planned take-off this year. Sudhir Gaur, accountable manager and acting chief executive officer, is the latest to quit the company. Finance head M Shivakumar and head of management information system (MIS) Farazad Patrawalla moved out a few weeks earlier. Gaur had been part of the initial team selected by the Kalrock-Jalan consortium, which secured approval from the National Company Law Tribunal (NCLT) last June to revive the airline.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
SBI-led consortium expects to make over Rs 13,000 crore from sale of assets
On the education details of the candidates, the survey said 669 have declared their education qualification to be between 5th pass and 12th pass, while 380 have declared having an educational qualification of graduate or above, 29 have declared themselves to be simple literates and 7 have declared to be illiterate.
The ADR report states that 222 out of the total 1295 candidates in the fray in the 7th phase of polls have criminal records. There are also 341 crorepati candidates in the list.
The Association for Democratic Reforms has urged political parties to refrain from giving tickets to candidates who are facing serious criminal charges and asked them to disclose the criteria for the selection of candidates during elections.
The government's move to sell enemy shares comes when it is struggling to meet its target of raising Rs 800 billion from the sale of State assets in the fiscal year ending in March 2019. The Custodian of Enemy Property of India holds around Rs 3,000 crore worth of equity shares besides land and property across India.
Following the money and freezing anything unaccounted is the only way to set an example for others, suggests Debashis Basu.
Once such a notice is issued against a fugitive, the Interpol asks its 192-member countries to arrest or detain the person if spotted in their countries after which extradition or deportation proceedings can begin.
'And so, despite demonetisation, people in business feel safe with Mr Modi,' points out T N Ninan.
The PMGKY will not allow declarants to use claims made for refunds for advance taxes paid, tax deducted at source and tax collected under the scheme.
As many as seven firms, including JM Financial, Ernst and Young and Deloitte, have bid for managing the strategic sale of IDBI Bank. These firms would make a virtual presentation before the Department of Investment and Public Asset Management, which is handling the sale process, on August 10, according to a notice by DIPAM. The firms that have bid for acting as transaction advisor are Deloitte Touche Tohmatsu India LLP, Ernst and Young LLP, ICICI Securities, JM Financial Ltd, KPMG, RBSA Capital Advisors LLP and SBI Capital Markets.
Investors should keep updating their personal and bank details with fund houses. They should also opt for the auto-pay facility so that the dividend proceeds get credited into their account directly, advises Bindisha Sarang.
Self-proclaimed heir of Rani Rashmoni, lottery baron join businessmen in the list of MP-aspirants with assets worth over Rs 100 cr, reports Abhineet Kumar.
Rediff.com take a look at the crorepatis contesting the Lok Sabha elections
Phases 1 to 4 of the Lok Sabha elections will witness 278 candidates with charges. The data of 1,566 candidates which have been analysed by the Association for Democratic Reforms show that out of the 278 candidates with charges, 155 of them have serious charges against them.
The question we must ask is how do politicians get that wealth disclosed in the affidavits, says Mahesh Vijapurkar.
Bharatiya Janata Party's prime ministerial nominee Narendra Modi, who is contesting from Vadodara Lok Sabha seat in Gujarat, has declared his total assets at Rs 1.51 crore and he does not own any vehicle.
He said unwarranted rumour-mongering, speculation, and bear hammering of all Reliance Group companies shares over the last few weeks had caused grave damage to all our stakeholders.
Between August and September Finance Minister Nirmala Sitharaman toured the length and breadth of India meeting traders, experts and entrepreneurs to gauge the pulse of the nation, reports Ruchika Chitravanshi.
Even so, the PM's cash in hand is among the lowest when compared with his Cabinet colleagues
'The BJP's problem is what rabbit can it pull out of the conjurer's hat?'
Tax Guru Anil Rego answers your personal income tax queries.
Vehicles are depreciating assets and lose their value over time.
If there were an Olympics for bank frauds in India, Rishi Agarwal, founder and former chairman of ABG Shipyard Ltd, a nephew of the Ruia brothers of the Essar group, would bag the gold, pushing Nirav Modi to his right, says Tamal Bandyopadhyay.
The e-wallet, virtual cards are often used to play online games.
A newspaper reported that over 500 Indians have association with firms in tax havens.
Offenders will be tried under Prevention of Money Laundering Act
Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday reported a 22.5 per cent rise in net profit for the quarter ended March on the back of bumper oil refining margins, steady growth in telecom and digital services and strong momentum in the retail business. The oil-to-retail-to-telecom conglomerate's consolidated net profit rose to Rs 16,203 crore in the quarter ended March 31, 2022 from Rs 13,227 crore, the firm said in a statement. Net profit, however, fell 12.6 per cent sequentially -- breaking a six-quarter chain of quarter-on-quarter improvement.
This concession will be available only to those who had not received any intimation.
The Congress' top leadership realises the former cricketer's utility and mass appeal. His oratory skills and ability to whip up mass hysteria in election rallies is acknowledged as an asset
The CM, however, said he would abide by the high command's decision.
During a series of hectic talks between Cairn Energy and the Indian government over the $1.2-billion arbitration award in favour of the former last week, a slew of options was proposed by the two sides, including computation of capital gains and participation in the Vivad se Vishwas (VsV) dispute resolution scheme. The government is likely to go ahead and appeal against the arbitration award by a Permanent Court of Arbitration at The Hague before March 21, indicated finance ministry officials. Cairn Energy Plc on Sunday said it was hopeful that an acceptable solution to its tax dispute with the Indian government could be found to avoid prolonging and exacerbating the 'negative issue' for all parties.
Firebrand Aam Aadmi Party leader Shazia Ilmi has declared a liability of Rs 59,000 as power bill dues even as she holds assets of over Rs 4.42 crore.
The ED, early this year, also attached assets worth Rs 78 crore "in possession of" Chanda Kochhar, Deepak Kochhar and the companies owned and controlled by him.
The Delhi high court on Monday sought the Centre and SBI's reply to former RCom chairman Anil Ambani's plea to include the Chinese banks, which have got a decree of $717 million against him from a court in United Kingdom, in the proceedings related to recovery of Rs 1200 crore loan granted to two of his companies. The high court also said that the moratorium on recoveries from sale of Ambani's assets, as provided under section 96 of the Insolvency and Bankruptcy Code (IBC), would remain in operation for now. This direction came on the application moved by the State Bank of India (SBI) seeking a declaration that the moratorium shall continue to be in effect.
The Delhi high court on Thursday put on hold the insolvency resolution process (IRP) proceedings against Reliance Communications (RCom) chairman Anil Ambani in relation to the recovery of Rs 1,200 crore loans given by SBI to his two firms. Ambani had given personal guarantees for the Rs 565 crore and Rs 635 crore SBI loans to RCom and Reliance Infratel Ltd (RITL), respectively, in August 2016.
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