IPL Twenty20 cricket tournament should be banned if malpractices and irregularities in it cannot be controlled, West Bengal Sports Minister Kanti Ganguly said on Wednesday.
Seven out of the 10 listed firms of Adani group have received show cause notices from the Securities and Exchange Board of India (Sebi) for alleged violation of related party transactions and non-compliance with listing regulations, the companies said in their regulatory filings to the stock exchanges. While group's flagship Adani Enterprises Ltd, renewable energy firm Adani Green Energy Ltd (AGEL) and city gas distributor Adani Total Gas Ltd said Sebi sent notices of their parent or holding company controlled by conglomerate's chairman Gautam Adani, ports company Adani Ports & Special Economic Zone, Adani Power, electricity transmission firm Adani Energy Solutions, and commodities firm Adani Wilmar said they have received Sebi notices.
NEET is a court-ordered examination, supposedly aimed at meritocracy. However, over the past years when the incumbent Narendra Modi government at the Centre began implementing it, it took on political and casteist colours, observes N Sathiya Moorthy.
In March, Adidas had announced top level management change and appointed Germans on the top positions.
Arvind Kejriwal on Sunday alleged that the Uttar Pradesh government was colluding with Salman Khurshid to bail the Law Minister out of the allegations of financial irregularities in an Non-Governmental Organisation run by him and his wife.
Hindenburg Research has alleged that Adani Group was "engaged in a brazen stock manipulation and accounting fraud", a charge the conglomerate described as malicious, unsubstantiated, one-sided, and having done with malafide intention to ruin its share-sale.
Says company yet to file audited accounts, without which it can't proceed.
The Assam unit of the Bharatiya Janata Party has lodged a First Information Report with Assam police against Enamul Haque Laskar a Congress legislator, and former minister Nurjamal Sarkar for their alleged involvement in financial irregularity involving Rs 270 crore in the state Irrigation Department.
Senior officers of the Central Bureau of Investigation looking into the financial irregularities of the Commonwealth Games told rediff.com that they had enough evidence to prosecute Suresh Kalmadi, the sacked chairman of the Commonwealth Organising Committee.
India on Friday described a United States State Department report citing alleged incidents of human rights violations including in Manipur as 'deeply biased' and said it reflects a poor understanding of India and it attach no value to it.
According to the Central Bureau of Investigation, Gutte is one of the directors of Gangakhed Sugar and Energy Limited.
The party plans to take out a march to the ED office on APJ Abdul Kalam Road in a show of support for Gandhi when he appears before the agency.
Commonwealth Organising Committee chief Suresh Kalamdi was on Wednesday questioned by the CBI in connection with alleged financial irregularities in the conduct of the sports event.
Corporate Affairs Secretary Naved Masood said SFIO is finalising the report on Reebok.
BharatPe co-founder Shashvat Nakrani has accused Ashneer Grover, with whom he had co-founded the payment startup, of creating a false narrative about the company, and said the board acted quickly and decisively in unseating him after receiving finds of a PwC report. BharatPe, which allows shop owners to make digital payments through QR codes, last week stripped Grover of all titles and positions over his alleged "misdeeds" and may take further legal actions, including clawing back of some of his shareholding. In a letter to employees, Nakrani said the Grover episode was an aberration and not the norm at BharatPe, and went on to defend the board who he said were celebrated names in the banking and financial services industry.
'The Railways decided to go for kavach three years back, but the progress has been very slow.'
Ramkrishna is in the news after a recent Sebi order said she was steered by a yogi, dwelling in the Himalayan ranges, in the appointment of Anand Subramanian as the exchange's group operating officer and advisor to the managing director (MD).
Alleging financial irregularities in RCA, the convener of the BJP Rajasthan unit's sports cell, Brij Kishore Upadhyaya has demanded formation of an adhoc body to manage the daily affairs of the state cricket association.
Suspended Organising Committee Joint Director General T S Darbari claims he is not involved in the Queen's Baton Relay financial irregularities case and has become a victim of media campaign.
Malaga will be free to compete in the Europa League next season after UEFA announced on Wednesday that the European ban imposed on the Spanish club had been lifted.
The Enforcement Directorate has summoned Dravida Munnetra Kazhagam MP Kanimozhi later this week in connection with its probe into alleged financial irregularities in the 2G spectrum allocation case.
The Income Tax department has declined to share details of probe being carried out in Rs 5,600 crore (Rs 56 billion) payment default by National Spot Exchange Limited (NSEL) saying it would "hamper the process of investigation or apprehension of offenders".
The Board of Control for Cricket in India (BCCI) is set to file a criminal case against suspended Indian Premier League (IPL) chairman Lalit Modi, reports said on Friday.
Former Department of Economic Affairs Secretary E A S Sarma on Friday claimed that the regulatory agencies, including SEBI, had ignored his warnings about the financial irregularities committed by Satyam.
The Commonwealth Games Federation has slammed the Shunglu Committee report on the alleged financial irregularities in the conduct of last year's Commonwealth Games, saying its statements on the CGF's role are 'inaccurate and unsubstantiated' and lack context.
Addressing his party workers in Nagpur, the home turf of Fadnavis, Thackeray on Monday said the BJP leader, his former ally, was a taint on the city as he had aligned with a section of the Nationalist Congress Party despite asserting that he would never do so.
Infosys is an ethical company with solid processes that respects its customers and this is not going to affect their business, he added.
Congress president Sonia Gandhi has sought more time from the Enforcement Directorate to appear before it as she is still suffering from Covid, party sources said on Tuesday.
The death toll of Indians killed in the massive fire in Kuwait has risen to 46 with one more person succumbing to injuries as authorities said that an electrical short circuit in the room of the guard on the ground floor of the building caused the blaze that killed 50 people.
The Board of Control for Cricket in India on Monday told the Supreme Court that former Indian Premier League chief Lalit Modi is a clear winner of the Rajasthan Cricket Association elections, but requested it to refrain from making the results official till March 4.
The case was registered recently to probe alleged financial irregularities in the party-promoted Young Indian that owns the National Herald newspaper.
The DDCA issue is likely to create ruckus in Parliament on Monday with parties looking to target Finance Minister Arun Jaitley as he is "practically the number two in the government".
The message is clear: The 60-year-old wise uncles need to handhold the 40-year-old entrepreneurs when, obsessed with ambition and greed for growth, they become a victim of hubris, points out Tamal Bandyopadhyay.
Rajasthan Chief Minister Ashok Gehlot on Wednesday said the accused in the Kanhaiya Lal killing case in Udaipur were 'linked' to the Bharatiya Janata Party and should have been 'hanged by now' but the investigation by the National Investigation Agency was not progressing as it should.
The auditors also said that the company is in the process of monetising its assets and has submitted a draft resolution plan to the consortium of bankers for restructuring its borrowings and also there have been discussions for stake sale by the promoters to a strategic partner with further equity infusion.
The BCCI's disciplinary committee, probing charges of alleged financial irregularities against suspended IPL Commissioner Lalit Modi, will submit its report by early October.
T S Vijayan makes a strong comeback man.
Rediff.com takes a look at some godmen who have attracted controversy in recent times.
Industry experts feel strengthening the regulatory regime through the proposed laws is the first step towards a modern corporate law.
The ED probe pertains to alleged financial irregularities in the redevelopment of Patra Chawl, a tenement, and related financial transactions involving his wife and associates.
