According to officials, the Union health ministry had received complaints about alleged corruption at the regional branches of the Red Cross Society in Tamil Nadu, Kerala, Assam, Karnataka and the Andaman and Nicobar Islands.
The recent revelations of financial irregularities, as in real estate firms allegedly involved in a loan syndication bribery case and the 2G telecom licence scam, may impact credit flow.
There was speculation that he might meet the party's All India Congress Committee in-charge of Rajasthan Sukhjinder Singh Randhawa and other senior leaders, but sources close to Pilot said no meetings were fixed.
The Delhi high court on Wednesday gave an interim stay on summons issued by the ED to former Jammu and Kashmir chief minister Mehbooba Mufti, her daughter said.
American Ursula Papandrea will continue to lead the sport's governing body as Acting President.
Former Indian Premiere League chief Lalit Modi, accused of financial irregularities in India, launched a scathing attack on Rahul Gandhi on Thursday and threatened to take the senior Congress leader to court in the United Kingdom over his 'Modi surname' remark.
The central probe agency that began action against the banker by raiding his upscale residence in south Mumbai on Friday is primarily investigating Kapoor, his wife and three daughters over a Rs 600 crore fund received by a firm allegedly "controlled" by them from an entity linked to the scam-hit Dewan Housing Finance Limited.
'We are going to need more technical people in government.' 'You can't expect a generalist to understand the complicated world of financial engineering.' 'I regret to say that most of our politicians have no competence to deal with these things. Nor is there a willingness to learn.'
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.
Paving the way for takeover of crisis-ridden Punjab and Maharashtra Cooperative Bank (PMC), the Reserve Bank of India on Friday granted in-principle approval to the Centrum Financial Services to set up a small finance bank. Centrum Financial Services was one of the applicants for takeover of the PMC Bank. "This 'in-principle' approval has been accorded in specific pursuance to the Centrum Financial Services Limited's offer dated February 1, 2021, in response to the expression of interest notification (November 3, 2020) published by the PMC Bank Ltd," the RBI said in a statement.
The probe pertains to alleged financial irregularities in the Congress-promoted Young Indian Private Limited, which owns the National Herald newspaper.
The politician, Rao Nadeem, who is also a property dealer, did not attribute any reason for selling off his property.
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.
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.
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.
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.
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.
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.
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.
According to the Central Bureau of Investigation, Gutte is one of the directors of Gangakhed Sugar and Energy Limited.
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.
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.
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.
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).
Infosys is an ethical company with solid processes that respects its customers and this is not going to affect their business, he added.
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.
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.
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 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.
