Armed with fresh powers to conduct search and seizure operations and attach properties and bank accounts, the Securities and Exchange Board of India (Sebi) is going all out to use these effectively.
Busting a major 'front running' case in the stock market, Sebi on Friday ordered impounding of unlawful gains worth nearly Rs 15 crore (Rs 150 million) from brokerage firm Sharekhan and 15 other entities.
Sahara told the top court this week it was considering other proposals to raise funds, including selling a luxury development outside Pune.
The measures needed for implementing this new system would start rolling in few weeks, the minister added.
Volkswagen is looking at ways to cut costs and boost cash flow.
The two were convicted on July 6 in the Avenfield properties case linked to the Sharif family's ownership of four luxury flats in London.
Investor lobbies and tax lawyers estimate the bill for international funds and banks could be as high as $8 billion
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On Wednesday, RBI reduced the cap on individual remittances abroad from $200,000 (about Rs 1.2 crore) to $75,000 (Rs 45 lakh) and also barred individuals from using funds under the scheme to buy immovable properties abroad.
The Supreme Court on Wednesday said that the money likely to be arranged by Sahara Group from overseas to raise Rs 10,000 crore (Rs 100 billion) for the release of its jailed chief Subrato Roy would come into the country only after necessary clearances by RBI.
India's state banks are under pressure to improve profitability.
The problem can be met, according to Shubhashis Gangopadhyay, research director of India Development Foundation, by the government tapping into its own land holdings.
The workers who were hired straight out of school as unskilled labourers are now struggling to find alternative employment because they lack skills.
India has said that terror groups like Lashkar-e-Tayiba do not "live on love and fresh air", expressing regret that they receive funds despite being slapped with sanctions by the United Nations, as the world body reaffirmed the need to cut the monetary lifeline of terrorists.
A summary of sports events and persons who made news on Thursday.
As his personal wealth started booming, Mallya went on a buying spree.
A Ganesh Nadar and Saisuresh Sivaswamy, on the campaign trail with H Vasanthakumar, the Congress's businessman candidate in Tamil Nadu.
'It is common knowledge that cash is anonymous.' 'When demonetisation was implemented, one of the intended objectives was to put identity on the cash holdings in the economy.' 'With the return of Rs 15.28 lakh crore in the formal banking system, the almost entire cash holding of the economy now has an address.' 'It is no more anonymous,' says Arun Jaitley.
Deadline to submit convincing reform plans is this week.
For the AIADMK's cadres, it is much more than an election symbol, they believe the party's electoral chances rest on owning it, says N Sathiya Moorthy.
Cashi Crisis: Day 9: Aaj ki Taaza Khabar!
Components manufactured in India are low-value products like casing and box packaging that constitute 5% of the bill for materials required in phone manufacturing.
'When it comes to India-Pakistan relations, seminal moments of progress invariably bring out saboteurs of peace -- whether we're talking about fresh provocations along the LoC, or even a terror attack in India.'
A look at the life and times of maverick businessman Chinnakannan Sivasankaran
'If there's one administration that would be likely to put the squeeze on Pakistan, it's the Trump administration.' 'This is an administration that views terrorists as a black and white issue (kill them all, no questions asked), and will have little patience for Pakistan's selective policy toward terrorism.'
'It is only because we were facing US threats that we were able to successfully develop a nuclear programme of our own.'
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