The issue dates back many years when the actor and others proposed bringing Sony TV channel to India.
The Economic Offences Wing (EOW) of the Mumbai city police is expected to file a First Information Report (FIR) against Jignesh Shah, promoter of Financial Technologies and vice-chairman of National Spot Exchange (NSEL), and former senior management officials in connection with the current payment crisis.
Jagmohan Dalmiya, Kishore Rungta and Jyoti Bajpai were questioned in connection with the alleged misappropriation of funds from the 1996 World Cup account.
The Economic Offences Wing of Mumbai Police interrogated two employees of the former BCCI chief in Kolkata.
Suspected bookie Shobhan Mehta alias Shobhan Kalachowkie is facing allegations of misusing telephone lines of MTNL to indulge in cricket betting.
Joint MD of the company Arun K Saha and MD of transportation network K Ramchand were arrested late evening in Mumbai under the Prevention of Money Laundering Act.
Claiming innocence, former head of the National Spot Exchange Limited (NSEL) Anjani Sinha, held in the Rs 5,600 crore (Rs 56 billion) payment crisis, on said that he was acting under the board's pressure, sources said.
Court cases, investigations, dwindling sales and fall in market capitalisation could make recovery a tough challenge.
The Enforcement Directorate on Friday arrested the CEO of a defaulting firm on money laundering charge in connection with its probe in the National Spot Exchange Limited scam case.
Sebi's main contention against brokers is that the NSEL was offering paired contracts and they were forward contracts, which were "illegal".
The Economic Offences Wing of Mumbai Police on arrested former managing director and chief executive of the beleaguered National Spot Exchange (NSEL) Anjani Sinha.
Mumbai police chargesheets billionaire-builder Chandru Raheja for cheating, breach of trust; Rahejas call it pressure tactic, say Wadia plea was thrown out by Supreme Court
The SC bench directed the court-appointed forensic auditors to complete their detailed investigation on divergence of home buyers money by Amrapali group before March 22 and list the matter for hearing on March 24.
The Mumbai Police, probing the Rs 5,600-crore (Rs 56 billion) scam at the National Spot Exchange has initiated the process of attaching about 25 immovable assets of the borrowers and has shortlisted nearly 100 properties of all the accused in the case, a senior police official said.
On February 11, 2009, Subhiksha announced that it was closing down all its 1,600 outlets till May 2009.
Shah came under scanner last year, when his group company NSEL faced a payment crisis and nearly 18,000 investors allegedly lost millions in late July.
Allegations of a particular market player being favoured over others were flying thick and fast in the early days of the scam.
The accused were allegedly complicit in causing losses to the tune of Rs 1,000 crore to MSCB between 2007 and 2011.
PNB has rich experience in the integration of commercial banks.
Somaiya had on Sunday claimed he was barred from entering Kolhapur with the district authorities citing law and order as well as security concerns following his allegations of corruption against Maharashtra Rural Development Minister Hasan Mushrif.
One incident should not be used to generalise the health of all cooperative banks, says RBI governor Shaktikanta Das.
Investors and EOW waded through a maze of legal obstacles to get their hands on the 'kingpin'.
Jignesh Shah, the promoter of National Spot Exchange Ltd (NSEL), and its former CEO Anjani Sinha on Friday traded charges in connection with the multi-crore payment crisis at the crippled bourse which has affected over 13,000 investors.
NSEL scam: Brokers of IIFL, Anand Rathi, Geojit arrested.
PMC Bank depositors have spent the last one year holding protests, meeting politicians, writing to various authorities in an effort to get their hard-earned money back.
The Reserve Bank of India has imposed a monetary penalty of Rs 1 crore on Dhanlaxmi Bank Ltd for violation of its instructions.
The Calcutta high court on Friday took up Jagmohan Dalmiya's perjury case against the Board of Control for Cricket in India and its president Sharad Pawar for allegedly producing false documents before it. Justice Nadira Patheriya directed that the matter be heard on April 18.
Goa Cricket Association president Chetan Dessai, secretary Vinod Phadke and treasurer Akbar Mulla were today arrested by police for alleged misappropriation of over Rs three crore belonging to the organisation.
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Quoting the FIR registered on the basis of a complaint, the Economic Offences Wing of Mumbai said accused Nailesh Mehta of Dev Developers in Andheri pretended himself as the partner of Zoomi Construction Company by preparing fake documents and acquired the latter's rightful TDR from the Slum Rehabilitation Authority.
The Twitter handles of Rahul Gandhi and the Congress which were recently hacked were operated from five countries including the United States, Delhi Police said on Wednesday.
A delegation of account-holders went to Sion police station in central Mumbai and submitted the complaint against officials of the bank on which the RBI has imposed operational restrictions. The delegation in its complaint alleged that at least 14 people, including the PMC Bank's chairman and all its directors, were involved in misappropriation of funds of the account-holders.
The court, later in the day, allowed his application.
The former BCCI chief appeared before the Economic Offences Wing of the Mumbai police
The former BCCI chief is being questioned about alleged misappropriation of funds from the 1996 cricket World Cup account.
Sushant Kumar Dass and Lalit Patodi were arrested on charges of facilitating Telgi's dealings in fake stamp papers in Delhi by opening bank accounts in fictitious names, Deputy Commissioner of Police (Economic Offences Wing) Dinesh Bhatt said.
Sudhir Sachdeva, who runs a number of coaching institutes across Delhi, came armed with an anticipatory bail from the Orissa high court.
Sunanda, who was not married to Tharoor then, had refuted allegations of any wrongdoing.
Initially, it was suspected that the question papers were genuine. But CBSE officials, on inspection, found that the papers were fake.
The sessions court on Thursday extended the police custody of the Financial Technologies and Multi Commodities Exchange (MCX) promoter Jignesh Shah and former managing director and chief executive of the commodity exchange Shreekant Javalgekar till May 19.
Crisis-hit National Spot Exchange Ltd (NSEL) on Tuesday failed to pay investors any of the Rs 174.72 crore (Rs 1.74 billion) installment due to them, defaulting for the 13th straight time.
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