The CBI has booked the son of industrialist Anil Ambani, Jai Anmol Anil Ambani, and Reliance Home Finance Ltd. (RHFL) in a case of alleged cheating in Union Bank of India that caused a loss of Rs 228 crore to the public bank, officials said on Tuesday.
Indian Super League (ISL) clubs on Friday formally proposed a fundamental restructuring of the country's top-tier professional football league, seeking perpetual operational and commercial rights for a club-owned league model while retaining the All India Football Federation (AIFF) as the sport's regulator.
'Some success has been achieved in raising the costs of terrorism for Pakistan.'
Besides Karti Chidambaram, the Lok Sabha MP from Sivaganga, the CBI had named his alleged close associate and chartered accountant, S Bhaskararaman, Talawandi Sabo Power Ltd (TSPL), a subsidiary of Vedanta, and Mumbai-based Bell Tools, through which bribes were allegedly routed.
Welcoming the recommendations of the Irani panel on the new companies Act, industry chambers on Wednesday said the government should ensure that there is no conflict between SEBI, government and the industry.
'The worst part is that after the attack on December 9, the Dehradun police refused to register an FIR for the murder.'
The government has circulated among members ofParliament a new draft of the Amendment of Insurance laws Bill, 2025, proposing stricter safeguards on the utilisation of life insurance funds and other specified insurance business funds, particularly for dividend payouts, bonuses, and servicing of debentures.
Move to improve transparency but make liquidity more difficult to come by
A Rapido bike taxi rider was arrested in Kalyan, Thane, for allegedly molesting a 26-year-old woman passenger and stealing Rs 1000 from her. The incident has also raised concerns about unauthorized bike taxi services and violations of transport regulations.
A penalty of Rs 91 lakh has been imposed on HDFC Bank for violating certain provisions of the Banking Regulation Act, the Reserve Bank said on Friday. The penalty has been imposed on the private sector lender for deficiencies in statutory and regulatory compliance, including those related to Know Your Customer (KYC).
Filing a belated return is far better than not filing at all.
The Chennai office of Registrar of Companies sent the notice to the second-largest no-frills private carrier last month.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
Bhansali Productions will retain creative control, and Sanjay Leela Bhansali, founder, Bhansali Productions, said that for him, powerful and meaningful cinema requires time, trust, and a deep respect for the process, which the company was able to align with Saregama India.
'LIC's investment decisions are taken independently, following strict due diligence, risk assessment and fiduciary compliance.'
Companies, particularly those that are notified as Significant Data Fiduciaries, will have to make extensive investments in data mapping, process modification, consent management tools, tools to enable Data Principal Rights, and establish a well-structured Data Privacy Officer organisation.
'Losing a house is a terrible feeling... We were not given enough time to shift our belongings.'
In November, six primary market issuances accounted for more than 13,000 crore of net equity investments by MFs.
The Reliance Centre, a guesthouse and some residential assets in Mumbai, apart from 231 plots of land in Chennai, are among the fresh assets worth Rs 1,120 crore attached by the ED as part of its ongoing money-laundering probe against the companies of Reliance Group chairman Anil Ambani.
The Allahabad high court has ruled that a married person cannot legally enter into a live-in relationship with a third party without first obtaining a decree of divorce.
Zomato was not just recovering, it was rebuilding and reinventing, showing signs of maturing as a business. Chaos had been turned into momentum. A fascinating excerpt from Megha Vishwanath's book, UNSEEN: The Untold Story of Deepinder Goyal And The Making Of Zomato.
As the new Income Tax (I-T) Act, 2025 moves towards implementation from April 1, 2026, the finance ministry is reviewing and simplifying the compliance forms used by charitable institutions. Debjyoti Das, principal chief commissioner of income tax (exemption), said the new Act has already reorganised exemption provisions into a clearer and more coherent structure, and the accompanying procedures and forms are now being examined.
US border patrol agents have arrested 30 Indian nationals, living illegally in America, operating semitrucks with commercial driver's licenses. The arrests were part of a larger operation targeting illegal immigrants operating commercial vehicles.
The new rules allow for a staggered implementation road map, giving companies, data fiduciaries, data principals, and other stakeholders up to 18 months to comply with the administrative guidelines under the DPDP Act.
The Government has found company law violations by all 10 franchisees of the Indian Premier League and has asked the Registrar of Companies to take penal action wherever necessary, the Rajya Sabha was informed on Thursday.
'Our problem is not a budget deficit but a trust deficit. We need to trust our institutions and industries to innovate and lead. That is the way forward for India.'
iPhone maker tells Delhi HC the antitrust watchdog has no jurisdiction to consider its global turnover.
The Union Cabinet's decision to raise the foreign direct investment (FDI) limit in the insurance sector to 100 per cent is unlikely to significantly boost foreign investment as distribution remains a critical factor, requiring overseas players to partner with Indian businesses, experts said.
'The real story of 2025 is that India officially stopped being a 'market of the future' and started acting as the world's primary economic engine.'
'The impact will be minimal and it will only increase compliance cost on consent, data flows, localisation timelines, internal audits, data mapping, and new tooling.'
The Enforcement Directorate on Friday said it has attached assets worth a combined Rs 8 crore of former Indian cricketers, actors and models like Yuvraj Singh, Robin Uthappa, former Trinamool Congress MP Mimi Chakraborty, Sonu Sood and some others as part of its money laundering probe against an 'illegal' betting app named 1xBet.
According to the direction dated November 28, all mobile phones that will be manufactured in India or imported after 90 days from the date of issuing of the order will need to have the app.
The Delhi high court on Monday sought responses from the Centre and the Competition Commission of India (CCI) on Apple Inc's plea challenging recent amendments to the Competition Act that allow penalties to be based on a company's global turnover.
As per the FIR, the woman was called to the company's office, where she was allegedly assaulted and stripped.
The Anti-Corruption Bureau/Economic Offence Wing (ACB/EOW) has claimed in its chargesheet that Chaitanya, son of former Chhattisgarh Chief Minister Bhupesh Baghel, received Rs 200 crore to Rs 250 crore as his share from an alleged liquor scam in the state.
Nishant Agarwal, a scientist who worked at the BrahMos missile centre, was cleared of charges of spying for Pakistan by the Bombay High Court after spending seven years in jail. The case revolved around the lack of 'mens rea' (guilty mind) and the prosecution's failure to prove intent.
A Delhi court has declined to take cognisance of the Enforcement Directorate's (ED) complaint against Congress leaders Sonia Gandhi, Rahul Gandhi, and others in the National Herald case, citing the absence of a First Information Report (FIR).
Companies such as Tata Sons and Bharti Telecom, which are unlisted but have listed subsidiaries, may soon have to file periodic financial statements with the registrar of companies under the new provision of the Companies Act. The provision requires greater financial disclosures by a certain category of unlisted companies.
Aseem Chhabra ranks the Best of 2025's films that released in theatres, or went directly to OTT platforms.
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