Chattopadhyay was seen being taken out of his residence at Subhasgram in South 24 Parganas district around 2 pm by ED officials, who previously conducted search operations at the premises for over seven hours.
Family members of a doctor, who was allegedly raped and murdered in Kolkata last month, joined the protesting medics at RG Kar hospital on Wednesday and accused the Kolkata Police of attempting to suppress the case by hurriedly cremating the body of the doctor.
The dispute between Aakash Educational Services Ltd (AESL) and edtech firm Byju's has escalated, with Aakash filing a sharply worded petition before the National Company Law Tribunal (NCLT) in Bengaluru, alleging conflict of interest and professional misconduct by global consulting firm Ernst & Young (EY), according to court filings
Officials said the three others who have been arrested are Ghosh's security guard Afsar Ali (44), and hospital vendors Biplav Singha (52) and Suman Hazara (46) who used to supply material to the hospital.
Religare Enterprises Ltd (REL) on Monday notified the exchanges that its Board has commissioned a governance review of REL and its subsidiaries - Religare Finvest and Religare Housing Development Finance. Additionally, the Board has decided to approach the new promoters, the Burman Group, for immediate funding support to sustain operations of the company.
The government is considering initiating a probe by the Serious Fraud Investigation Office (SFIO) against Gensol Engineering and its promoters, according to sources familiar with the matter. "It is under consideration at this stage. A final decision will be taken soon," a government official said.
The Jane Street-Sebi saga is more than a legal dispute -- it's a litmus test for India's ambitions as a global financial hub.
HDFC Bank on Sunday said that it will "pursue all lawful remedies" to recover public funds and address the retaliatory actions taken by the Mehta family of the Lilavati Kirtilal Mehta Medical (LKMM) Trust, which has filed a complaint against the bank's managing director (MD) & chief executive officer (CEO) Sashidhar Jagdishan alleging financial fraud.
The agency has slapped Section 120B of IPC (criminal conspiracy) read with Section 420 IPC (cheating and dishonesty) and Section 7 of Prevention of Corruption Act, 1988 (amended in 2018) which covers unlawful acceptance of gratification by a public servant.
The 56-year-old judge, enrolled as an advocate in 1992, was appointed as an additional judge of the Allahabad high court on October 13, 2014 and took oath as a permanent judge of that court on February 1, 2016.
The investigators are unable to join several dots due to lack of evidence from the crime scene.
Head coach Thomas Dennerby was a witness to the 'incident' and it was he, who immediately informed the AIFF.
Just when it seemed that Bollywood had recovered with multiple big hits in 2023, it all came down in 2024 with a flurry of flops, disasters and mega disasters.
The Lilavati Kirtilal Mehta Medical Trust (LKMMT), which runs Mumbai's Lilavati Hospital, has accused its former trustees and related individuals of misappropriating over Rs 1,500 crore. The trust has filed complaints with the Enforcement Directorate (ED) and the Bandra Police Station, alleging that the misappropriation, uncovered during a forensic audit, has impacted the trust's operations and healthcare services. The trust has also claimed that black magic was performed in the hospital premises by former trustees and related individuals. The Bandra Magistrate Court has ordered an inquiry against these individuals. The current trustees have identified large-scale irregularities in the hospital management body's affairs and appointed forensic auditors who found that over Rs 1,500 crore has been siphoned and misappropriated by the former trustees. The Mumbai police's Economic Offences Wing (EOW) has initiated a probe into an alleged cheating case of Rs 85 crore registered against three former trustees of the hospital.
When Gensol Engineering made its public market debut through a small and medium enterprises (SME) initial public offering (IPO) in September 2019, its promoters held a commanding 96 per cent stake. Now, that figure has shrunk to a "negligible" fraction.
The Enforcement Directorate is carrying out searches at 11 locations across India, including the Nagpur office of the Church of North India (CNI), in connection with a case registered in Bhopal, an ED official said on Wednesday.
EOW's superintendent of police Devendra Singh Rajput told PTI that Singh was produced before the court after his arrest.
The Congress was the only party in Rajya Sabha on Wednesday to demand a discussion on setting up a joint parliamentary committee (JPC) to probe allegations against the Adani group. Other opposition parties gave similar notices on different issues, including violence in Manipur and Uttar Pradesh's Sambhal. The Congress members sought a JPC to investigate the alleged misconduct, including corruption, bribery and financial irregularities of the Adani Group in connivance with other authorities. However, other opposition parties raised different issues, with the AAP seeking a discussion on "increasing crimes in Delhi" and the TMC, DMK, AAP and CPI seeking a discussion on violence in Manipur. The CPI-M, SP and IUML sought a discussion on the recent violence in Sambhal, Uttar Pradesh.
While basic policies focus on structural damage, comprehensive ones extend to household contents like furniture, electronics, clothing, and other personal belongings.
Mumbai Indians physio Patrick Farhat was handed a suspended fine of $10,000 by the Indian Premier League disciplinary committee for offence of misconduct during an earlier match of the on going T20 extravaganza.
Dan Scavino, Assistant to the President and White House Deputy Chief of Staff on Thursday said that United States President Donald Trump has officially signed the commission to confirm Kash Patel as the ninth Director of the Federal Bureau of Investigation (FBI).
'Presumption of innocence must guide all formal actions, but transparency must not be mistaken for pre-judgment.' 'The cruel irony, however, is that Justice Varma is a fine judge who enjoys a reputation for writing well-reasoned judgments.'
Banks have written off bad loans worth Rs 10,09,511 crore during the last five financial years, finance minister Nirmala Sitharaman informed Parliament on Tuesday. The non-performing assets (NPAs), including those in respect of which full provisioning has been made on completion of four years, are removed from the balance sheet of the bank concerned by way of write-off, she said in a reply to Rajya Sabha. "Banks write off NPAs as part of their regular exercise to clean up their balance sheet, avail tax benefit and optimise capital, in accordance with RBI guidelines and policy approved by their boards.
'For politicians, winning the next election has become more important than economic stability of the country and broader national interest.'
The Income Tax department has given a clean chit to the five banned domestic cricketers, who were involved in the IPL spot-fixing fiasco, from any financial misconduct or receiving kickbacks in order to fix matches.
The company said the committee, headed by independent director D Sundaram and assisted by independent legal counsel Shardul Amarchand Mangaldas & Co, and PricewaterhouseCoopers, found that the "allegations are substantially without merit".
The EOW conducted searches at the house of PC Singh, the bishop of the Church of North India Jabalpur Diocese, on Thursday morning following registration of a case of cheating against him.
Under attack over allegations of financial misconduct and demands for its disbanding, Team Anna on Sunday decided to formulate a constitution for its anti-corruption movement and revamp the core committee after that.
Facing allegations of financial misconduct, activist Arvind Kejriwal broke his silence on Tuesday daring the government to conduct a probe against him and other Team Anna members even as he questioned the motive behind the "smear campaign".
Facing allegations of financial misconduct, Team Anna member Arvind Kejriwal on Tuesday said that he will quit the anti-graft movement if "corruption of even Rs 10 is proved" against him.
Anna Hazare on Friday hinted at expansion of his Core Committee as a sense of unease gripped his team over allegations of financial misconduct by some of its key members.
38 auditors resigned in 2022-23, compared with 46 the previous year.
Scams happen with high regularity because the price of getting caught is insignificant. Aggrieved investors run from the police to already clogged courts to find redress for issues for which financial regulators have been specifically set up. For over 3,750 years we have known what to do, but we don't do it, observes Debashis Basu.
Tainted Calcutta high court Judge Soumitra Sen will face impeachment proceedings in Parliament with government accepting the chief justice of India's recommendation to the prime minister for his removal on charges of serious financial "misconduct", the second-ever such action against a member of the higher judiciary.
Summer Zervos alleged that he kissed her and even groped her at a bungalow in Los Angeles.
The government is set to initiate consultations with the Reserve Bank of India (RBI) to devise a new security clearance framework for screening potential bidders of public sector banks (PSBs) as it kick-starts the privatisation process, beginning with the strategic divestment of IDBI Bank. As the government is moving ahead with strategic divestment of IDBI Bank and is looking to privatise two PSBs, the Department of Investment and Public Asset Management (DIPAM) is looking to put in place an appropriate framework as the potential buyers will have to meet the RBI's fit and proper criteria, said an official. The process of bank privatisation would be different from the sale of any other public sector undertaking (PSU), and more restrictions and measures will have to be put in place, the official said.
The move also comes against the backdrop of the embattled Mallya facing a case of loan default worth Rs 9,400 crore.
The Enforcement Directorate on Wednesday said it has attached in London, Dubai and India assets worth Rs 538 crore of Jet Airways founder Naresh Goyal, his family members and companies as part of a money laundering investigation linked to an alleged bank loan fraud. The attached properties include 17 residential flats, bungalows and commercial premises. Located in London, Dubai and various cities in India, these properties are in the name of various companies like Jetair Private Limited and Jet Enterprises Private Limited, Goyal, his wife Anita, and son Nivaan, the central agency said in a statement.
The allegations were levelled by prominent grapplers such as Vinesh Phogat, Bajrang Punia, Sakshi Malik and Ravi Dahiya.
The governor made it clear that the RBI is aware of what's happening and acts accordingly, but doesn't make a noise about that, points out Tamal Bandyopadhyay.
