I don't disown my past association with Vijay Mallya but that does not mean I endorse his monetary misdemeanours, a feisty Divya Spandana tells Subhash K Jha.
People elected me to fight corruption, I'm doing what they told me to do, Modi said.
A special court on Tuesday set March 9, 2015, as the date for the verdict in the multi-crore accounting fraud in erstwhile Satyam Computer Services Limited.
A combination of externalities such as global trade wars and slowing growth, continuing glitches in accessing offsets under the GST regime, which has created a liquidity crunch for smaller exporters, and the growing competitiveness of smaller countries are causing the slowdown.
The recapitalisation, the finance minister said, will enhance the lending capacity of state-owned banks and help them come out of RBI's Prompt Corrective Action framework.
In a move aimed at insulating the Central Bureau of Investigation from political interference, the Union Cabinet on Thursday approved recommendations of a Group of Ministers which include setting up of a panel of retired judges to oversee the investigations of the agency, besides increased financial powers of its director.
Action against auditors, last of the 276 recommendations of a JPC probing Ketan Parekh scam, is still pending.
Warning against conflict of interest of financial institutions, which have been chosen to sponsor UTI-II, the Joint Parliamentary Committee probing the stock scam and UTI muddle, has recommended that sponsors.
The tribunal posted the matter for further hearing in December, when it will decide whether to admit the pleas of the Raju brothers and others against Sebi order.
The probe is expected to take about three months.
The government has ordered an enquiry and asked a senior FCI official to proceed on leave.
.jpg)
Ramalinga Raju founded Satyam in 1987.
On the basis of the complaint filed by Leena Mangat, the CB-CID had filed an FIR on Jan 9, 2009.
The career bureaucrat-turned-central banker walked into the 19th floor corner room of the Reserve Bank on December 12, 2018. Since February 2019, the Das-led RBI has cut the repo rate by a whopping 135 basis points to support the sagging growth, including an unprecedented 35 bps reduction in August. As he completes one year at the helm, woes in the NBFC sector, overall health of the banking sector and steeply falling economic growth are among the major challenges that needs to be tackled sooner than later.
A raft of banks could face tough questions in the sweeping US crackdown on alleged corruption in global soccer as prosecutors review how much they knew about millions of dollars in bribes flowing through the US banking system to accounts around the world.
Reserve Bank carried out the investigation and noted the deficiencies which were reflective of weaknesses and failures in internal control mechanisms
'Every Indian citizen is already exposed to massive digital surveillance and most are already vulnerable to data theft and cyber-impersonation as well,' points out Devangshu Datta.
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
Currently, most crowdfunding platforms neither operate with proper authorisation nor are governed under any law.
Offenders will be tried under Prevention of Money Laundering Act
To combat terror financing, India and the US committed to work together to check illicit money transfers.
Former coal secretary H C Gupta and six others were on Tuesday granted bail by a special court New Delhi in connection with a case related to alleged irregularities in the allocation of a Chhattisgarh-based coal block to SKS Ispat and Power Ltd. All the seven accused persons were granted the bail on a personal bond of Rs 1 lakh and one surety of a like amount.
The latest attachment order was issued by the central probe agency against Ms PD Agroprocessors Pvt Ltd, one the defaulters at the bourse.
.jpg)
Financial Technologies (India), has made a loan of Rs 225 crore to NSEL.
The common denominator: They were predominantly Gujarati, mostly male, and either related by blood or very well-known to Nirav.
The issuance of NBWs by a court also opens door of seeking Red Corner notices against both of the accused from the Interpol.
Vadra is expected to be questioned again on either Friday or Saturday.
It is time to take the sainthood away from Dr Manmohan Singh, says Sudhir Bisht.
Dravida Munetra Kazhagam Member of Parliament Kanimozhi moved the Supreme Court on Wednesday, seeking quashing of the charges against her in the 2G spectrum allocation scam, claiming she has been falsely implicated in the case.
Meanwhile, the All India Institute of Medical Sciences will send the viscera Singh's samples to the central forensic laboratory in New Delhi to test for poisoning
With the case of missing files into the coal block allocation turning murkier, the CBI is mulling filing FIR on the issue for which officials of the agency and the coal ministry are likely to meet soon.
The event will also hurt PNB's asset quality in the March 2018 quarter. While the finer details of the fraud have not been provided, making it difficult to gauge the exact impact, analysts say it will dent the bank's financials.
The task force has provided probe agencies with a list of attributes, including disproportionate investments, debt, advances or cash, to red-flag such firms.
Property worth Rs 144 crore, which includes 25 flats and a shopping mall, has been attached in connection with the disproportionate assets case against the alleged associates of former Jharkhand Chief Minister Madhu Koda.
The RBI is considering permitting FII and commercial banks to trade on Indian commodity exchanges.
MCA portal clocks 5 mn views in 8 months; ministry to integrate company records portal with DGFT, I-T dept this year
Special court will announce judgement in Satyam case on Dec 23.
Vipul Ambani, a runner who participated in city marathons, never wore his last name on his sleeve, was easy-going, mild-mannered and always smiling. Yet, the question that begs to be asked is why would he join a luxury jewellery company, says Pavan Lall.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances