He has been accused of misappropriation of funds to the tune of Rs 1.65 crore.
Congress leader Rahul Gandhi appeared before the Enforcement Directorate (ED) on Wednesday for the third consecutive day of questioning in the National Herald money laundering case, with the agency seeking answers on decisions taken with regard to the media organisation and its owner Young Indian.
Bulk seizures of new currency continued on Saturday with some more incidents being reported, including one in which the IT department recovered Rs 5.7 crore cash in new notes secretly stashed inside the bathroom tiles of a hawala dealer in Chitradurga district in Karnataka.
Almost 2,000 companies whose private provident and pension funds have invested in non-convertible debentures of IL&FS group firms are staring at the prospect of booking losses to the tune of Rs 9,000 crore or more if the interest income is added.
Sonia and Rahul Gandhi moved the SC on Thursday against a Delhi HC decision that dismissed their appeals seeking a quashing of summons in the National Herald case.
The entire amount is to be provided for four quarters.
The 82-year-old former Jammu and Kashmir chief minister received the ED summons a day after the formation of the People's Alliance led by him was announced on October 15.
With extortion, robberies, fake currency and arms smuggling, the homegrown terror outfits may have raised Rs 200 crore.
The 'mystery' of the education business sale by Cox & Kings is part of an Enforcement Directorate investigation, which is also examining the siphoning-off of funds to the tune of Rs 21,000 crore to dozens of so-called related-parties, highlighted by the forensic auditor.
Gujarat police opposed in the Supreme Court the anticipatory bail plea of Teesta Setalvad.
Last month, the bank was placed under Prompt Corrective Action due to high level of bad loans, lack of sufficient capital to manage risks and negative return on assets for two consecutive years.
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Banks had a tough time in recovering loans from corporates in 2014.
A total of 18 people, including three soccer players, are to stand trial for match-fixing, a judge in Pamplona ruled on Thursday.
Reforms in the Board of Control for Cricket in India will not pull the cash-rich body back, the Supreme Court said on Tuesday and made it clear that it does not intend to reduce the popularity of the BCCI or hinder its growth but wants structural reforms which would make the cricket body more transparent.
Yasin Bhatkal was 22 when he had his first tryst with terror. The same is the case of his boss Riyaz Bhatkal too. What motivates these operatives? Is it money or ideology?
Total scam in collusion with middlemen is estimated at over Rs 700 crore. Probe is on in 10 more cases.
The Supreme Court came down heavily on cash-rich BCCI on Tuesday, saying the cricket body was running like a "mutually beneficial society" and "practically corrupting" its members by not seeking any explanation on how crores of rupees allotted to them were being spent. While scrutinising the fund allocation and expenses of the Board of Control for Cricket in India (BCCI), the apex court also pulled it up for not giving funds to neglected states for promotion of cricket and said it has done nothing to encourage the game. It was also critical of the discrimination meted out to different states by BCCI and said the states begged for money from the board which follows a "no questions asked" policy as a method to buy votes in a certain manner. Lauding the work done by Justice R M Lodha-led committee for bringing out massive structural change in functioning of BCCI, the bench said "this is not an ordinary panel. It is a committee on which we have complete faith. It is committee of judges and its findings have to be relied upon. We cannot say that the findings are perverse."
Here's the full text of the statement
A marathon session of over a dozen hearings on implementation of Justice Rajendra Mal Lodha panel recommendations on structural reforms in the Board of Control for Cricket in India came to an end on Wednesday in the Supreme Court, which took the Indian cricket board to task over issues like fund utilisation and avoiding of performance audits.
'I have been most pained at being painted as an absconder'.
The Gomti Riverfront Development project, the Agra-Lucknow Expressway, the Jai Prakash Narayan International Centre and the efforts towards the beautification of Old Lucknow are some of Akhilesh Yadav's initiatives that are the subject of investigation.
Congress leaders claim The Associated Journals Limited has 761 shareholders while the company shows more than 1,000
History is not likely to be so kind to the 79-year-old Swiss, who only recently compared himself to a mountain goat that keeps "going and going and going and cannot be stopped." Instead, his name is likely to be associated with the succession of corruption scandals which occurred on his watch.
This lawsuit will have no bearing on its fund-raising exercise as a deal is already in final stages
As a multi-agency probe continues in Saradha scam, findings of one official investigation suggests that the group floated at least 279 companies to channelise money collected from gullible investors as part of a vast 'ponzi' network.
A look at few gurus who have attracted controversy in recent times.
'If the BCCI's coffers are inundated with funds today, much of the credit must go to Jagmohan Dalmiya.'
A look at few gurus who have attracted controversy in recent times.
'The main ploy of the BJP's pre-poll proclamations on corruption was so cacophonous and resounding that it unexpectedly worked out to its greatest advantage. But there seems to be a lull after the sound and fury over corruption,' says Ram Ugrah.
The controversy over Sant Rampal and his army of followers taking the law into their hands has once again thrown the spotlight on the clout that India's godmen possess.
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