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Direct-selling company Amway India said its MD and CEO William S Pinckney has been released on bail, two months after his arrest by Andhra Pradesh Police in connection with criminal cases registered against the firm in the state.
The IHF's senior vice-president pleaded that K P S Gill and K Jothikumaran be disallowed from participating in the elections.
While extending the custody, the court noted that the ED has made 'remarkable progress' in the investigation.
The private college and hospital has been in the thick of controversy following irregularities and fraud, raising questions on why the Chhattisgarh government wants to acquire the debt-ridden institution by paying double the amount of its valuation.
A newspaper report said some army officers at the Army Headquarters had committed a security breach by allegedly destroying 90 files.
Former Jammu and Kashmir chief minister Omar Abdullah on Saturday termed the provisional attachment order of properties belonging to his father by the Enforcement Directorate as "baseless" and wondered how an ancestral property could be seen as proceeds of "crime".
The government on Wednesday said that all urban cooperative banks and multi-state cooperative banks will come under the supervision of the Reserve Bank of India, a development aimed at providing comfort to depositors and prevent repeat of PMC Bank like scams. The President of India will promulgate an ordinance to this effect, Information and Broadcasting Minister Prakash Javadekar told reporters after the meeting of the Union Cabinet.
In 1937, a hydrogen-powered German airship flying into New Jersey caught fire and crashed, killing 35 passengers on board. It was sort of a man-made disaster as some 100 people were loaded on to a balloon filled with the most flammable material in the universe. The airship was named Hindenburg. Eight decades later, in 2017, a graduate of international business management from the University of Connecticut founded a "forensic financial research" firm to specialise in spotting wrongdoings and frauds, or what it calls man-made disasters, at companies around the globe and take market bets against them.
Vinay Bansal, son of Kejriwal's brother-in-law, was arrested on Thursday morning, ACB chief Arvind Deep said.
Terry Walsh may have expressed a desire to again take up the Indian coaching job, but Hockey India on Tuesday made it clear that it doesn't require the services of the Australian any more.
Kannur University Vice-Chancellor Gopinath Ravindran on Monday said that he will not tender his resignation as sought by Kerala Governor Arif Mohammad Khan, who had a day earlier sought the resignation of vice chancellors of nine universities in the state.
Chirag Daruwalla, who is following in the footsteps of his famed astrologer father, the late Bejan Daruwalla, makes his predictions for the New Year.
The arrest of Shiv Sena MP Sanjay Raut in a money laundering case by the Enforcement Directorate (ED) was "illegal" and a "witch-hunt", a special court in Mumbai said on Wednesday while granting him bail in the Patra Chawl redevelopment matter.
BJP spokesperson G V L Narasimhra Rao noted that Priyanka's husband Robert Vadra is accused of using "shady methods to make windfall profits from dubious real estate transactions" and said the report of her receiving Rs 2 crore from Kapoor for a painting which was not her own shows that the powerful couple have leveraged their political power to make "private gains".
While there has been no official statement related to the action, British government sources said they are 'closely monitoring reports of tax surveys conducted at the offices of the BBC in India'.
Has Vijay Shekhar Sharma given up on the bank? For now, he seems to be on a save-OCL mission. The bank will face its logical end, observes Tamal Bandopadhyay.
The Enforcement Directorate on Thursday questioned Congress chief Sonia Gandhi in a money laundering case related to the National Herald newspaper and summoned her for a second round of questioning in the case on July 25.
Accusing the Union government of using the central agencies to target leaders like former finance minister P Chidambaram and others, Kamal Nath expressed hope that the court will take a right decision in the case.
Over 60 per cent voter turnout was recorded on Monday in 49 constituencies in six states and two Union territories in the fifth phase of Lok Sabha elections, with Baramulla in Jammu and Kashmir recording its highest-ever voting percentage.
Ghanshyam Sahu, a resident of Uparwara of Durg, sold two acres of land to invest the proceeds in a chit fund company, only to realise he had been duped. Like hundreds others, Sahu had given up hope of getting the money back. So when he received Rs 9 lakh from the state government last month, he couldn't believe his luck. "I did not expect the money to be recovered," he candidly told Chhattisgarh Chief Minister Bhupesh Baghel at an event in January.
The complainant alleged that Darekar posed as a labourer, which was later found wrong.
Delhi Chief Minister Arvind Kejriwal on Wednesday alleged that the Anti-Corruption Bureau has registered an FIR against him at the behest of Prime Minister Narendra Modi in connection with the "administrative and financial irregularities" in the functioning of the Delhi Commission for Women.
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.
The arrests were made on a complaint of a woman who claimed to have incurred loss through the network.
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.
Sectorally, BSE metal, basic materials, energy, realty, power, oil and gas, finance, FMCG, bankex and telecom indices fell up to 1.71 per cent.
Former IPL Commissioner Lalit Modi has hit out at the Board of Control for Cricket in India (BCCI) and it's Disciplinary Committee.
The suspended IPL chairman and commissioner Lalit Modi has moved the Supreme Court for a stay of the BCCI special meet.
Former India captains Bishan Singh Bedi and Anil Kumble along with yesteryear's great Mohinder Amarnath had deposed before the Justice Lodha Committee as they prepare an exhaustive report on the restructuring and reforms that need to be carried by the BCCI.
More than 60 per cent of shareholders of edutech Byju's on Friday voted for removal of founder CEO Byju Raveendran and his family over alleged "mismanagement and failures" at what was once India's hottest tech startup, but the company dug in its heels, calling the voting done in the absence of founders as "invalid". Prosus - one of the six investors who had called the extraordinary general meeting (EGM) - in a statement said "shareholders unanimously passed all resolutions put forward for vote.
Visva Bharati Vice Chancellor Sushanta Dattagupta, facing charges of administrative and financial irregularities, has emailed his resignation to President Pranab Mukherjee.
Indications are that the DMK combine will win more seats than the AIADMK and BJP, but is facing a tough fight in about half a dozen from the rest, predicts N Sathiya Moorthy of the electoral contest in Tamil Nadu.
Ekka, who is embroiled in the controversy for allegedly signing official documents at a private place, was removed from the post following Bharatiya Janata Party's allegation of his conniving with middlemen.
Irregular rainfall and a pick-up in commodity costs are expected to weigh on the demand and margins of fast-moving consumer goods (FMCG) companies. Most companies reported a sharp expansion in gross margins in the April-June quarter (first quarter, or Q1) of 2023-24 (FY24), given the lower prices of key raw materials and earlier price hikes. Furthermore, there were expectations that cost savings being passed on could reflect in volume growth going forward. However, these hopes could be dashed if demand recovery, especially in the rural segment, stalls, and gains on the raw material front start to recede.
The Enforcement Directorate arrested Yes Bank founder Rana Kapoor under money-laundering charges in Mumbai in the early hours of Sunday, officials said. The banker was held under the provision of the Prevention of Money Laundering Act (PMLA) around 3 am as he was allegedly not cooperating in the probe, they said.
The probe agency has found that the company's vast network of sales agents across the globe was not independent of Jet Airways and several of these entities were linked to its founder, Naresh Goyal.
The ED case of money laundering in the excise policy stems from a CBI FIR in which Delhi Deputy Chief Minister Manish Sisodia and some bureaucrats have been named as accused. The excise policy has been rolled back now.
'Use this money to build an emergency fund if you do not have one.'
With the Delhi high court allowing the Board of Control for Cricket in India to conduct its Special General Meeting (SGM) in Chennai on Wednesday, the decks are cleared for the Board to impose a possible life ban on former IPL chairman Lalit Modi for alleged financial irregularities while being at the helm of the cash-rich league from 2008-2010.
CBDT stated the searches were on a group based at Chennai and Tiruchirappalli, strictly in line with the Income Tax Act
