Gandhi's attack came a day after Defence Minister Nirmala Sitharaman had refused to share the details of the deal on the grounds of security agreement signed between India and France.
To ensure faster recovery of dues for entities hit by the Rs 5,600-crore (Rs 56-billion) fraud at NSEL, the government last month ordered the merger of the bourse with its parent firm Financial Technologies (India) Ltd.
The 49-year-old jeweller, fighting extradition to India on charges of fraud and money laundering in the estimated $2-billion Punjab National Bank scam case, has made around six previous attempts at bail at the magistrates' court as well as at the high court level.
In continuation of the interim order dated April 27, 2006 relating to IPO scam, G Anantharaman, whole-time member of Securities & Exchange Board of India passed an interim order on Tuesday.
Jharkhand mining secretary Pooja Singhal, earlier arrested and remanded to the custody of the ED in a suspected money laundering case, was suspended by the Jharkhand government on Thursday, an official said.
Cybercriminals take advantage of the holiday season, aiming to steal consumers' money, identities and financial information.
The Income Tax Department on Tuesday also raided 20 premises linked to Gitanjali Gems promoter Mehul Choksi and suspected shell firms in connection with an alleged tax evasion case against them, official sources said.
In a fresh development in NSEL's Rs 5,600 crore scam, the Enforcement Directorate (ED) on Monday registered a preliminary inquiry into the payment crisis, suspecting large-scale money laundering in the beleaguered spot exchange, a senior official said.
Officials investigating Commonwealth Games (CWG) scam have indicated that they have found enough evidence against Suresh Kalmadi, ex-chairman of CWG Organising Committee, in various cases that are being investigated against him.
The one-member commission of inquiry under former solicitor general Gopal Subramanium will probe the alleged irregularities in DDCA.
The Communist Party of India-Marxist on Thursday demanded a CBI probe into the multi-crore chit fund scam in West Bengal and asked the state government to confiscate all properties of Saradha Group to pay off thousands of small investors left in the lurch.
A SFIO probe into Saradha scam and 'chit fund' operations of 62 other entities has found serious financial mismanagement and siphoning off the funds by their promoters, who took advantage of regulatory gaps.
Will the Supreme Court take note of the case and ensure a respected civil servant is not punished for being in office at the wrong time?
In the first arrest in the NSEL's Rs 5,600 crore (Rs 56 billion) payout scam, a top official of the beleaguered spot commodity bourse, which defaulted on its payment for the eighth time in a row yesterday, was held on Wednesday by Mumbai police's Economic Offence Wing (EOW).
Sebi said it was constrained to approach the apex court for urgent relief related to the most serious financial scam that had large-scale national and international ramifications. A bench headed by Chief Justice K G Balakrishnan allowed Sebi to mention the matter on Tuesday after solicitor general G E Vahanvati and counsel Pratap Venugopal submitted the request on behalf of Sebi.
Shalu was arrested early this month on a complaint by one Rafique Ali who claimed she had accompanied scam accused Biju Radhakrishnan when he collected Rs 20 lakh from him.
The Bharatiya Janata Party on Tuesday said it has been raising the financial irregularities in the VVIP helicopter deal with an Italian company for the past one year and insisted that the Congress-led United Progressive Alliance government give an explanation about the reported anomalies.
A bench of Justices Sanjiv Khanna and SVN Bhatti, which reserved its verdict on two separate regular bail pleas of Sisodia in the corruption and money laundering cases, told the ED it cannot go by the assumption of bribe having been paid, and whatever protection an accused enjoys under law needs to be granted.
The Bharatiya Janata Party on Saturday slammed West Bengal Chief Minister Mamata Banerjee for her "political vendetta" charge over action in Saradha scam, saying she is pressing the "panic button" and "rattled" by the possibility that her "own involvement" could come to light.
The 39-year-old was arrested by the Enforcement Directorate from Ranchi after the agency conducted multi-city raids against him, Singhal, her businessman husband Abhishek Jha and others, on May 6.
The venue for Saturday's meeting was shifted at the last minute from the headquarters of the India Banks' Association in Cuffe Parade to avoid media glare.
The prime accused deployed a modus operandi of claiming the investment in real estate purchased in the name of third party as unsecured loan
The US government is examining the possible role of Goldman Sachs and well-known investment banker Rajat Gupta in the Galleon hedge fund insider trading scam, says a media report.
The Karachi-based anti-corruption court issued warrants after Federal Investigation Agency reportedly found evidence that Gilani and his minister Faheem were involved in the Trade Development Authority of Pakistan (TDAP) corruption scandal.
Special Judge Arun Bharadwaj granted relief to Prasad after he was produced before the court through video conference from a Ranchi jail, where he is lodged in another case, as he was unable to come due to health reasons.
Hindol Sengupta will talk about things that matter -- or should matter -- to most of us as citizens, from financial scams to climate change, women's rights to parliamentary spends.
The PM blamed the UPA regime for the problems in the banking sector.
Curbs on 12 depository participants; Indiabulls to challenge SEBI order.\n
For the baning sector, 2018 was a 'Year of Exits' - borrowers fled from the country as loans went kaput and many bank CEOs were forced to leave
In a three-page complaint submitted to the Additional Chief Judicial Magistrate in Kochi, second accused Saritha Nair put the blame for the fraudulent dealings on the first accused Biju Radhakrishnan and actress Shalu Menon while stating that associating her name with politicians and ministers was incorrect.
A customer wanting to buy a car would have to wait a long time for delivery.
'If you give your ID and password to somebody else, how can anybody blame the technology for that problem?'
This case revolves around the establishment of clusters of Centers of Excellence (CoEs) in the state of Andhra Pradesh, with a total estimated project value of Rs 3,300 crores.
Surjewala alleged that Mehta and his family were allowed to leave India even when there were complaints pending against him with the CBI.
"Our preliminary estimates show we may have to provide for around Rs 60 billion in the balance sheet for the quarter ending on March. The due date for LoUs amounting to Rs 60 billion is falling in the present quarter. This will be a contingent liability for the bank," said a senior executive, on condition of anonymity.
The court, later in the day, allowed his application.
At present, bank depositors get an insurance cover of Rs 1 lakh on their amount by the Deposit Insurance and credit Guarantee Corporation.
Immediately after the Enron debacle we found that a lot of US trading companies were badly affected by downgrades. Most of them pulled out of the electricity trading market in the UK. What is left now are the big and original players.
Sebi on April 4 gave the brokerages 60 days to have their books vetted by third-party auditors.
Meanwhile, RBI Governor Raghuram Rajan said at the meeting that the central bank brass discussed strengthening the state- level coordination committees so that unauthorised deposit taking can be dealt with in a better way.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances