Sebi panel to revisit norms for IPOs, mutual funds.
Fatca aims to track all US residents with non-US accounts and US citizens, too.
The corporate affairs ministry has asked its field officers to expedite the inspection of the books of Byju's and submit the report, a senior official said on Monday as trouble continues to brew at the edtech firm. The ministry, which is implementing the companies law, will decide the further course of action after receiving the report from its regional office. In July 2023, the ministry had asked the office of the regional director in Hyderabad to conduct an inspection of the company Think & Learn Pvt Ltd, which is registered in Bengaluru.
The Anil Dhirubhai Ambani Group-promoted Sasan Power was Rs 2,500 crore short of the roughly Rs 15,000 crore it needed to borrow for the project. Now, India Infrastructure Finance Company Ltd has agreed to lend around Rs 2,500 crore. A consortium of 12 domestic banks have already committed around Rs 12,500 crore, with State Bank of India and Power Finance Corporation leading the pack, with Rs 3,500 crore and Rs 1,800 crore respectively.
IBC has been revolutionary in many ways and is a formidable instrument for stress resolution. And despite the room for improvement, the overall effectiveness of IBC in the distress space is unmatched, notes Saloni Kothari.
Against the backdrop of the ongoing talks with Pakistan, the Bharatiya Janata Party on Thursday said India appears to have diluted its earlier demand that the neighbouring country take "speedy and credible" action against 26/11 culprits, and instead reconciled to "satisfactory closure" of the case.
The police have so far seized approximately 1,700 kg of mephedrone from Pune and a couple of locations in Delhi.
The ICC is unlikely to take any action on Pakistan Cricket Board's complaint for alleged boorish crowd behaviour during their World Cup game against India in Ahmedabad on October 14,
Animal rights group People for the Ethical Treatment of Animals has demanded an immediate closure of a Web community that "instigates violence" towards dogs.
A Maoist-backed trade union forced the closure of a luxurious hotel in tourist hub Pokhara, demanding reinstatement of a security guard sacked by the management.
The Centre said that the arbitration under United Nation Convention on the Law of Sea (UNCLOS), which was instituted on a request from the Republic of Italy has delivered its Award on May 21, 2020.
'The policy focus of the government should have been on creating more good quality jobs but that was not their focus.'
Osama bin Laden's killing by American special forces shows the US' unfailing commitment to bring terrorists to justice, President Barack Obama said during an emotional visit to the Ground Zero in New York to provide some closure to families of the victims of 9/11 attacks.
The transferred officers included 22 IAS, 79 IPS, 45 Bihar Administrative Service officers
Official sources did not specify the type of slaughterhouses which will be shut.
The agency said that it could not find any 'strong evidence' against Indresh Kumar, Sadhvi Pragya, Rajendra and Ramesh alias Prince.
The settlement with Sebi was seen as Infosys admitting guilt of the lapse, clearing out any legal or regulatory challenges and preparing ground for new chief executive officer Salil Parekh.
The on-time performance (OTP) of Indian carriers took a major dip in January as dense fog foiled their flight schedules. According to data from the Ministry of Civil Aviation reviewed by Business Standard, five out of six major Indian carriers - IndiGo, Air India, AIX Connect, Akasa Air, and Vistara - recorded their lowest OTPs in at least the last 11 months. In response to queries, an Air India spokesperson said that during this winter, northern India experienced unusually prolonged periods of dense fog affecting traffic at the airline's two largest hubs -- Delhi and Mumbai.
The State Bank of India told the Supreme Court on Thursday it has provided all details of the electoral bonds in its possession to the Election Commission.
'Currently, 81 per cent of all reserved tickets are booked through e-ticketing.'
As the 'Delhi Chalo' agitation of farmers entered the third day on Thursday, two key border points between Delhi and Haryana remained closed for traffic, while security personnel in anti-riot gear conducted drills and mock exercises to ensure their fool-proof preparation.
'Whether he is working or relaxing at home or spending time with family, the fact that he is an undertrial has followed him like a shadow.'
A police officer said Kataria was called on Tuesday for questioning to know the sequence of the incident.
Posco Daewoo, the South Korean conglomerate whose Cielo sedan and Matiz hatchback were once the pride of Indian car owners, is looking to re-enter India. And its return journey is riding on plans to sell electric bikes and e-cycles. The company termed India's robust economic growth and surging consumer demand as reasons behind its comeback plans, saying they make India "one of the world's most promising consumer markets," according to Y S Choi, general manager, Posco Daewoo South Korea.
With Bidhuri expressing regret, sources said, the committee was likely to bring closure to the matter and send its report to the speaker.
Rohit also shared his memory of playing against the legendary Shane Warne in the IPL.
This is the first time that highway projects awarded by the NHAI have failed to achieve financial closure.
A special TADA court in Mumbai on Tuesday rejected the application of gangster Abu Salem, seeking closure of his trial, after the Central Bureau of Investigation said it had challenged the order of Portugal supreme court, which had terminated his extradition to India in that country's constitutional court.
The GoM recommended that activities of all religious organisations should not be allowed till May 15 as a precautionary measure to check spread of coronavirus infection, the sources added.
After a year and a half of investigation, the agency has failed to name any public official involved in the scam.
Those who crave for a few pegs down the stomach after a hard day's work had a shock in the waiting for them when they ran into downed shutters of bars and liquor shops in Guwahati city.
In cricket, we have something that we can share with our families, neighbours and indeed, the whole country. It is colour-blind, language-neutral, truly secular and transcends all regions, from Kashmir to Kerala and Mizoram to Maharashtra, explains Shreekant Sambrani.
'I don't give myself one second of sympathy. That's why I put that tweet because I wanted closure. I hated the fact that people are giving me sympathy, I just couldn't take it anymore.'
A year ago, Greece's bankers thought they were on the cusp of a new era.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
A special court on Thursday refused to accept a closure report by the Central Bureau of Investigation and directed it to further investigate an alleged scam in coal blocks allocation, involving Congress Rajya Sabha MP Vijay Darda, saying he had misrepresented facts in letters written to then Prime Minister Manmohan Singh.
'Today is a beautiful closure of an amazing year for me,' Kenya's Kipyegon said acknowledging the prize.
The CBI has registered a case of alleged violation of the Foreign Contribution (Regulation) Act against human rights activist Harsh Mander and his NGO, and searched his premises on Friday, officials said.
Gotabaya Rajapaksa, ousted as the president of Sri Lanka in a popular public uprising in 2022, on Thursday hinted that India was keen on his continuation despite the growing public discontent against him at the behest of certain Western powers.
Idea Cellular Ltd has achieved financial closure of over Rs 2,225 crore for its telecom venture with a project cost of around Rs 5,000 crore from IDBI Ltd and Rabo India Finance Pvt Ltd.
