Summons have been issued to some new telecom firms asking for financial records and documents, according to official sources. However, the names of the companies could not be ascertained.
BJP MP Kirti Azad on Sunday alleged that lots of companies were given crores of rupees by the DDCA and contracts were given out to fraud companies without any verification.
'It is our right to protest and draw the attention of this government, which is sleeping and appears blind, as it has failed to see the pain and struggle of the jobless youth.'
Past experience shows loan waivers benefited only 30% of India's farmers; here again, the richer cultivator skimmed the cream, leaving very little for his poorer brethren.
In the broader market, BSE midcap and BSE smallcap indices underperformed the larger counterparts and ended flat with a negative bias.
The Income Tax department probing alleged irregularities in the funding and bidding of Indian Premier League franchisees has received reports relating to expenses incurred by franchisees in South Africa where the second edition of the T20 tournament took place last year.
The latest row -- termed as independent India's largest financial scam -- is centered on the allocation of scare 2G spectrum at throwaway prices.
Reserve Bank carried out the investigation and noted the deficiencies which were reflective of weaknesses and failures in internal control mechanisms
Official sources said the investigating officer of the case put across to him at least half-a-dozen statements of his alleged aides which form a purported "link" between him, absconding arms dealer Sanjay Bhandari, Bhandari's associates and others.
Leading exchange BSE on Wednesday asked Infosys to explain why it did not make a disclosure about a whistleblower complaint which alleged that the company's top executives were following "unethical practices" to shore up profits through irregular accounting ways.
ED and Directorate of Revenue Intelligence have detected a significant increase in the outflow of Indian money, specifically into four countries --Thailand, Dubai, Singapore and Hong Kong.
The party said that the Delhi cricket body had become a den of corruption during Jaitley's 13-year rule.
The Defence Ministry on Saturday said it would probe allegations of the Army spending Rs 1.17 crore on golf carts from special funds. Referring to the Comptroller and Auditor General slamming chiefs of the Army's Northern and Western Commands for alleged misuse of special financial powers during April 2002 and August 2007, Minister of State for Defence M M Pallam Raju said that "irregularities, if any, will be addressed."
'Earlier I'd send money back home.' 'Now I've to take from them.' 'I'm completely heartbroken, scared for what the future holds.'
This comes in the wake of allegations of financial irregularities by the erstwhile management led by Harish Moolchandani.
Calling Jaitley a "master of half truth and beautiful lies", AAP leader Ashutosh made certain fresh allegations against the finance minister and said his comments that there was no specific charges against him was "misleading".
The probe into selections for banks such as Bank of Baroda and Canara Bank followed the arrest of Syndicate Bank CMD S K Jain for alleged graft.
Gandhi on Friday chaired his first CWC meeting after being elected as the party chief.
The MNS has convened a meeting of party office-bearers on Tuesday in Mumbai to discuss the issue.
Senior BCCI members feel that the "decision to buckle under government pressure" may lead to the Board losing its autonomy despite being financially independent.
The court decided the bail petition on three grounds -- flight risk, tampering with evidence and influencing witnesses.
Court documents show that the Kerala government, whose case was treated as the 'lead case' among all the petitions filed against Adani, made four allegations to convince the court to cancel the contract for the Thiruvanathapuram airport. The state's legal team couldn't substantiate most of these allegations with documentary proof and its self-defeating arguments in court failed to convince the judges to cancel the contract given to Adani. The battle for the Thiruvananthapuram airport between the Communist-led Kerala government, the Adani group and the Modi government over the past year hasn't had a dull moment since the proceedings began. Claims of a smoking gun turned out to be a damp squib, says Sai Manish.
Union Finance Minister Arun Jaitley on Monday filed civil defamation suit in the Delhi high court against Chief Minister Arvind Kejriwal and Aam Aadmi Party leaders, amid a raging row over irregularities in the Delhi and District Cricket Association and allegations of corruption against him by the Delhi government.
India had given a formal extradition request for Mallya as per the Extradition Treaty between India and the UK through a note verbale on February 8
'In plain simple English, these practices amount to a looting of our country's future by some in the business community, in cahoots with some lenders,' says RBI Governor Dr Urjit R Patel.
'The major worry for everyone using Internet-linked devices today is whether the latest download on his smartphone or laptop is a bait from a digital hacker who is out to secure access to his hard-earned money,' notes T A Ramalingam, chief technical officer, Bajaj Allianz General Insurance.
Equity investments in 82 public sector enterprises have been completely eroded due to accumulated losses, an audit of financial statements conducted by the Comptroller and Auditor General of India revealed.
Outright fear and lack of awareness can harm your CIBIL score
Without disclosing reasons, ICRA informed the stock exchanges on Thursday, 'The board, after due consideration and taking into account the best interests of the company and its various stakeholders, has decided to terminate the employment of Takkar with immediate effect.'
As per the award, Infosys is required to pay Bansal the outstanding severance amount of Rs 12.17 crore, with interest
The start of Indian lobbying in the US can be traced back to Pakistan's anti-India lobbying. Policy wonk Ashok Sharma documents this journey and its catalytic role in transforming the US-India relationship.
Lt Governor says discoms must cooperate or face cancellation of licences. Ficci cries interference.
The raids resulted in recovery of documents of some dummy firms linked to Mallya like Gold Reef Investments Ltd and McDowell Holdings Ltd.
Elections in Gujarat, Himachal Pradesh, Karnataka, Chhattisgarh, Madhya Pradesh and Rajasthan will see the BJP and Congress in direct contest.
The Central Bureau of Investigation has registered a case against former Viswa Bharati University Vice Chancellor Sushanta Kumar Dattagupta
N Sundaresha Subramanian, Karan Choudhury and Shreya Jai report on the sorry condition of homebuyers who invested in Jaypee Infratech and the Amrapali group's Noida-based projects.
The MoD panel had submitted its report in March 2015, weeks before Prime Minister Narendra Modi announced that India would procure 36 jets.
Look carefully at any ad or pop up that tempts or attracts you with freebies and offers etc. It could be a scam, warns Niranjankumar Upadhye.
A bench of Justices Arun Mishra and U U Lalit said, if home buyers are not ready to pay their outstanding amount, then the court will have to bundle up the projects.
Jindal's house was raided by the CBI on Tuesday.
