According to a complaint from Bank of Baroda, the conspirators allegedly cheated a consortium of bank loans of Rs 3,695 crore. The scam was earlier estimated at around Rs 800 crore.
The most common complaint of financial consumers is cumbersome processes, complicated products, usurious charges, and mis-selling of products, which finally don't deliver what is promised or as expect, notes Debashis Basu.
The police claimed there were several WhatsApp chats that revealed Kundra, 45, the husband of Bollywood actor Shilpa Shetty, was involved in the financial dealings of the app and its contents.
Property buyers fund the project cost and the entire debt and entire equity servicing, and yet, have no locus standi in the IBC process, points out Debashis Basu.
Sushant Singh Rajput's sister Shweta Singh Kirti posted a cryptic quote on her social media platforms saying people should think about the consequences before messing up with someone.
'As long as you are moving, it's all right.' 'You are going to fall, you are going to have to pick yourself up and sometimes, it will hurt.' 'Sometimes, you would just want to lie there and look at the fan.'
Banks are hurriedly scrutinising their account holders before stricter tax evasion measures come into force.
The French taxman is delighted about the prospect of Brazilian soccer star Neymar joining Paris St Germain, the minister in charge of France's public accounts said on Thursday.
Cricket Australia will draw up a 'charter' governing player behaviour in the wake of the ball-tampering scandal that has rocked the nation over the last fortnight, chairman David Peever said on Friday.
Property of Rs 3,500 crore belonging to the company was seized by the EOW, a police official said.
Samajwadi Party chief Akhilesh Yadav on Tuesday accused the ruling Bharatiya Janata Party of attempting to "steal" votes and said exit polls were meant to create a perception that the saffron party will emerge victorious in the Uttar Pradesh election.
Based on a complaint by the legal head of the company Abhishek Parsheera, a case under various IPC sections including criminal breach of trust and cheating was registered against the two.
Guardiola also took aim at Spanish league president Javier Tebas, a long standing critic of City, who had questioned whether CAS was the right court for deciding such matters.
The ED's line of questioning, officials said, is revolving around Rhea's income, investments, business and professional deals, and links.
Cloned journals have become more rampant in the post-pandemic world.
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.
Police FIR reveals the bank had replaced 44 loan accounts of HDIL with 21,049 fictitious loan accounts. These 21,049 were actually not created in the core banking solution of the bank, but were mere entities in the advances master indent submitted to RBI for conducting its inspection for the year ended March 2018.
Company refuses to comment, says 'matters internal to organisation'
Alarmed by increasing incidents of Indian firms being cheated by their Chinese counterparts, the Indian embassy here has put out an advisory warning traders from entering into any financial dealings, without doing due diligence first.
Besides INC's documents for the year 2010-2011, the court also summoned AJL's documents for the same assessment year.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
Europe's largest carmaker had previously admitted to installing cheat software on up to 11 million vehicles worldwide with smaller diesel engines.
'The hour is very late, and the choice between triumph and tragedy knocks at our door,' says Ajay Shah.
Before inserting your card, always check for any signs of tampering on the ATM machine, warns Aditya Shankar.
The 59-year-old Rana, a childhood friend of David Coleman Headley, was re-arrested on June 10 in Los Angeles on an extradition request by India for his involvement in the 2008 Mumbai terror attack in which 166 people, including six Americans, were killed.
After the verdict, Harry Redknapp, one of the best known figures in English soccer, said the strain of the investigation had been "horrendous" as he fought back tears.
The Enforcement Directorate has registered a money laundering case against sacked CWG Organising Committee Chairman Suresh Kalmadi in connection with financial dealings during the 2010 Commonwealth Games.
The RBI, which has no interest or mechanism to get feedback from bank customers, is unaware of this. If made aware, it remains silent, proving that it has no problem in allowing lenders to short-change its customers, says Debashis Basu.
MPs, state legislators and government employees will not receive the benefit of loan waiver.
The company's Chief Executive Officer G S C Rao, Chief Financial Officer Sanjay Tapriya, Executive Director Gursimran Kaur Mann and five non-executive directors have also been booked by the agency. Gurpal Singh is the son-in-law of Punjab Chief Minister Amrinder Singh.
Having millions doesn't mean you don't lose sleep. A look at what weighs on the wealthy.
Kerala Chief Minister Oommen Chandy was hurt mildly on his forehead in stone throwing by Left Democratic Front workers protesting against the solar panel scam in Kannur on Sunday.
Modi also reiterated that he cannot return to India due to safety concerns and also because his case has been politicised.
Siddhartha alleged in his letter that there was a lot of harassment from the previous DG Income Tax in the form of attaching "our shares on two separate occasions to block our Mindtree deal and then taking possession of our Coffee Day shares, although revised returns have been filed by us".
Mental health and life coach Anu Krishna tells you how to take control of your life.
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It is alleged that the company floated 32 subsidiaries in several tax haven countries to bring foreign funds to India through sham transactions.
Mental health and life coach Anu Krishna tells you how to take control of your life.
The government has given sanction for prosecution against PNB executive director Sanjiv Sharan as part of the clean up exercise in the system.
